CRI Should I Buy
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Carter's Inc. (CRI) is not a strong buy at the moment for a beginner investor with a long-term strategy. While there are some positive catalysts, such as the recent analyst upgrade and technical indicators showing bullish momentum, the company's financial performance is weak, and the stock is currently overbought. It is better to wait for a more favorable entry point or signs of sustained financial improvement.
The MACD is positive and expanding, indicating bullish momentum. The RSI is at 85.061, signaling an overbought condition. Moving averages are bullish (SMA_5 > SMA_20 > SMA_200). The stock is trading near its resistance level of 42.968, suggesting limited immediate upside potential.
Citi upgraded the stock to Buy with a price target of $50, citing a turnaround story under the new CEO.
Technical indicators show bullish momentum.
The stock has a 1.44% chance of increasing in the next month based on historical patterns.
Weak financial performance in 2025/Q3, with revenue, net income, EPS, and gross margin all declining significantly YoY.
The stock is overbought according to RSI, suggesting a potential pullback.
No significant hedge fund or insider trading activity to support buying momentum.
In 2025/Q3, revenue dropped by -0.08% YoY to $757.8M. Net income plunged by -80.23% YoY to $11.3M. EPS fell by -80.25% YoY to 0.32. Gross margin declined by -3.96% YoY to 45.08%. These metrics indicate significant financial challenges.
Citi upgraded the stock to Buy from Neutral with a price target of $50, citing a turnaround story under the new CEO. However, Goldman Sachs previously rated the stock as Sell with a $26 price target, showing mixed sentiment among analysts.
