Advertisement
Canada markets close in 19 minutes

  • S&P/TSX

    21,792.10
    -219.52 (-1.00%)
     

  • S&P 500

    5,062.69
    -53.48 (-1.05%)
     

  • DOW

    37,937.52
    -448.57 (-1.17%)
     

  • CAD/USD

    0.7268
    -0.0054 (-0.73%)
     

  • CRUDE OIL

    81.70
    -0.93 (-1.13%)
     

  • Bitcoin CAD

    82,668.76
    -3,650.90 (-4.23%)
     

  • CMC Crypto 200

    1,279.52
    -59.55 (-4.45%)
     

  • GOLD FUTURES

    2,304.50
    -53.20 (-2.26%)
     

  • RUSSELL 2000

    1,982.10
    -33.92 (-1.68%)
     

  • 10-Yr Bond

    4.6860
    +0.0720 (+1.56%)
     

  • NASDAQ

    15,786.39
    -196.70 (-1.23%)
     

  • VOLATILITY

    15.38
    +0.71 (+4.85%)
     

  • FTSE

    8,144.13
    -2.90 (-0.04%)
     

  • NIKKEI 225

    38,405.66
    +470.90 (+1.24%)
     

  • CAD/EUR

    0.6805
    -0.0019 (-0.28%)
     
MARKETS LIVE BLOG:

STOCKS SINK WITH FED IN FOCUS, AMAZON EARNINGS ON DECK

Pot stocks trade higher on move to reclassify marijuana in the U.S.

Why Carter's (CRI) is a Top Value Stock for the Long-Term

Zacks Equity Research
·2 min read

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why Investors Should Pay Attention to This Value Stock

Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.

ADVERTISEMENT

Carter's (CRI)

Headquartered in Atlanta, GA, Carter’s Inc. is the largest marketer of branded apparel and related products for babies, and young children in North America. Notably, the company has a portfolio of popular brands, including Carter’s, OshKoshB'gosh, Just One You, Child of Mine, Simple Joys, Skip Hop, and Precious Firsts. It sells the products through leading department stores, national chains and specialty retailers, both domestically and internationally. Additionally, Carter’s showcases its products through company-operated stores in the United States, Canada and Mexico, and its websites namely www.carters.com, www.oshkoshbgosh.com, www.carters.com.mx. and www.cartersoshkosh.ca.

CRI boasts a Value Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Shares of Carter's are trading at a forward earnings multiple of 12X, as well as a PEG Ratio of 2.3, a Price/Cash Flow ratio of 9.5X, and a Price/Sales ratio of 1X.

A company's earnings performance is important for value investors as well. For fiscal 2024, two analysts revised their earnings estimate higher in the last 60 days for CRI, while the Zacks Consensus Estimate has increased $0.04 to $6.45 per share. CRI also holds an average earnings surprise of 36.7%.

With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding CRI to their portfolios.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Carter's, Inc. (CRI) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research