JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
In a challenging retail environment, Carter’s Inc (NYSE:CRI) stock has tumbled to a 52-week low, with shares dropping to $32.03, marking a significant 56% decline from its 52-week high of $71.99. The children’s apparel giant has faced significant headwinds over the past year, reflected in the stock’s steep decline. According to InvestingPro analysis, the company appears undervalued at current levels, with multiple indicators suggesting potential recovery opportunities. Investors have watched with concern as Carter’s stock has plummeted by 52.45% over the past year, marking a stark contrast to its previous performance. Despite these challenges, the company maintains a healthy financial position with a current ratio of 2.56 and offers an attractive 8.7% dividend yield, having maintained consistent dividend payments for 13 consecutive years. The company, known for its strong brand presence and extensive product lines, is now grappling with the pressures of changing consumer habits and a competitive landscape that continues to evolve rapidly. For deeper insights into Carter’s financial health and growth prospects, consider exploring the comprehensive Research Report available on InvestingPro.
In other recent news, Carter’s Inc. reported its first-quarter 2025 earnings, surpassing analyst expectations with an earnings per share (EPS) of $0.66 compared to the forecasted $0.62. The company’s revenue for the quarter was $630 million, slightly above the anticipated $624.86 million. Despite these positive results, Carter’s has suspended its forward guidance due to leadership changes and tariff uncertainties. The company also announced a significant reduction in its quarterly dividend from $0.80 to $0.25 per share, reflecting a 68.8% decline. This change is part of a broader strategic plan under the new CEO, Doug Palladini, focusing on returning to profitable growth. Barclays (LON:BARC) recently downgraded Carter’s stock to an Underweight rating, citing structural challenges in the children’s apparel sector and setting a price target of $25. The firm’s analysis points to issues such as declining birth rates and potential negative impacts from tariffs on Chinese imports. Carter’s Board of Directors declared the new dividend payable on June 20, 2025, to shareholders of record as of June 2, 2025, with future declarations subject to business conditions and financial performance.
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