Carter’s Dips Slightly on Low Volume – Zacks Tale of the Tape
Source: http://www.zacks.com/stock/news/20065/Carter%27s+Dips+Slightly+on+Low+Volume+-+Zacks+Tale+of+the+TapePosted on Monday, May 11th, 2009 | In Market Commentary, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -
Carter’s Inc. (CRI) dipped about 2% today on low volume of 742,000 shares, versus the average of 1.3 million.
The company beat estimates in its first quarter by an average of 137.5% with earnings of 38 cents per share.
In the last month, all 5 covering analysts raised their forecasts, sending the 2009 consensus to $1.54 per share from $1.39.
Carter’s is a Zacks #1 Rank (”Strong Buy”).
“CRI” Free Stock Analysis: Buy? Sell? Hold?
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