13 Most Undervalued Retail Stocks to Invest In

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11. Carter’s, Inc. (NYSE:CRI)

​Forward P/E: 9.51

Number of Hedge Fund Holders: 31

Carter’s, Inc. (NYSE:CRI) is one of the most undervalued retail stocks to invest in. Carter’s, Inc. (NYSE:CRI) reported net sales of $585 million in its fiscal Q2 2025 results as compared to $564 million in the prior year period, reflecting a growth of 4%. Adjusted EPS for the quarter reached $0.01 compared to $0.76 in fiscal Q2 2024.

Following the earnings release, Citi analyst Paul Lejuez maintained a Hold rating on the stock on 29th July, bringing the price target down to $28 from $33.

The same day, Barclays maintained a Sell rating on Carter’s, Inc. (NYSE:CRI) and slashed the price target from $25 to $22.

Similarly, UBS analyst Jay Sole also reiterated a Hold rating on Carter’s, Inc. (NYSE:CRI) on July 28 while reducing the price target to $26 from $32.

Carter’s, Inc. (NYSE:CRI) manufactures and sells apparel and related accessories for babies and kids under its vast portfolio of brands, including Carter’s, OshKoshB’gosh, Precious Firsts, Just One You, Child of Mine, Simple Joys, and Skip Hop.

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