CRI

Carter's Inc

Consumer


Presented:03/19/2015
Price:$91.71
Cap:$4.84B
Current Price:$66.08
Cap:$2.39B

Presented

Date03/19/2015
Price$91.71
Market Cap$4.84B
Ent Value$5.09B
P/E Ratio25.3x
Book Value$14.92
Div Yield0.96%
Shares O/S52.80M
Ave Daily Vol620,000
Short Int3.51%

Current

Price$66.08
Market Cap$2.39B
Carter’s, Inc. and its subsidiaries design, source, and market branded childrenswear under the Carter’s, Child of Mine, Just One You, Precious Firsts, OshKosh, and other brands. The company operates through five segments: Carter’s Retail, Carter’s Wholesale, OshKosh Retail, OshKosh Wholesale, and International. Its Carter’s products include baby products, such as bodysuits, pants, dresses, three piece sets, receiving blankets, layette gowns, bibs, caps, and booties; play clothes products comprising knit and woven cotton apparel; sleepwear products consisting of pajamas and blanket sleepers; and other products including bedding, outerwear, swimwear, shoes, socks, diaper bags, gift sets, toys, and hair accessories for sizes newborn to eight. The company’s OshKosh brand products comprise playclothes products that include denim, overalls, T-shirts, fleece, and other playclothes for sizes newborn to 12. It also offers baby, sleepwear, outerwear, shoes, hosiery, and accessories under the OshKosh brand. The company distributes its products through department stores, chain and specialty stores, and discount retailers, as well as company-operated stores and Websites. As of January 3, 2015, it operated 531 Carter’s and 200 OshKosh outlet, brand, and specialty stores in the United States; and 124 company-operated stores in Canada. The company was founded in 1865 and is headquartered in Atlanta, Georgia.

Publicly traded companies mentioned herein: Carter’s Inc (CRI), Children’s Place Inc/The (PLCE)

Highlights

The presenter is long shares of Carter’s (CRI), calling it “one of the cheapest stocks” in the sector. He sees both revenue growth and improvements in margins over the next 2 – 3 years thanks to demographic trends and shifting business mix towards higher margin segments. He forecasts $7.00 of annual earnings per share by the end of 2017 and a $140 price target (~55-60% upside from current levels).

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.