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The closing price of Childrens Place Inc (NASDAQ: PLCE) was $5.01 for the day, down -7.90% from the previous closing price of $5.44. In other words, the price has decreased by -$7.90 from its previous closing price. On the day, 0.57 million shares were traded. PLCE stock price reached its highest trading level at $5.46 during the session, while it also had its lowest trading level at $4.96.
Ratios:
Our analysis of PLCE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.14 and its Current Ratio is at 0.92. In the meantime, Its Debt-to-Equity ratio is 383.68 whereas as Long-Term Debt/Eq ratio is at 154.70.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on May 07, 2024, Reiterated its Market Perform rating but revised its target price to $9 from $13 previously.
On April 24, 2024, B. Riley Securities Upgraded its rating to Neutral which previously was Sell and also lowered its target price recommendation from $12 to $7.
B. Riley Securities Downgraded its Neutral to Sell on February 13, 2024, whereas the target price for the stock was revised from $19 to $4.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 11 ’24 when Markee Maegan bought 4,000 shares for $9.00 per share.
Markee Maegan bought 8,000 shares of PLCE for $52,739 on Aug 15 ’24. On Aug 08 ’24, another insider, Markee Maegan, who serves as the Former Officer of the company, bought 10,000 shares for $7.24 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLCE now has a Market Capitalization of 111061184 and an Enterprise Value of 650189120. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08 while its Price-to-Book (P/B) ratio in mrq is 78.11. Its current Enterprise Value per Revenue stands at 0.478 whereas that against EBITDA is 10.913.
Stock Price History:
The Beta on a monthly basis for PLCE is 1.90, which has changed by -0.35933506 over the last 52 weeks, in comparison to a change of 0.15366066 over the same period for the S&P500. Over the past 52 weeks, PLCE has reached a high of $19.74, while it has fallen to a 52-week low of $3.66. The 50-Day Moving Average of the stock is -2.85%, while the 200-Day Moving Average is calculated to be -43.32%.
Shares Statistics:
PLCE traded an average of 850.40K shares per day over the past three months and 1227620 shares per day over the past ten days. A total of 22.06M shares are outstanding, with a floating share count of 7.27M. Insiders hold about 67.20% of the company’s shares, while institutions hold 19.23% stake in the company. Shares short for PLCE as of 1752537600 were 3555831 with a Short Ratio of 4.18, compared to 1749772800 on 3779145. Therefore, it implies a Short% of Shares Outstanding of 3555831 and a Short% of Float of 42.67.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.11.
Earnings Estimates
The stock of Childrens Place Inc (PLCE) is currently in the spotlight, with 1.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $0.49, with high estimates of $0.49 and low estimates of $0.49.
Analysts are recommending an EPS of between -$1.2 and -$1.2 for the fiscal current year, implying an average EPS of -$1.2. EPS for the following year is $0.45, with 1.0 analysts recommending between $0.45 and $0.45.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $289.41M to a low estimate of $289.41M. As of the current estimate, Childrens Place Inc’s year-ago sales were $319.65MFor the next quarter, 1 analysts are estimating revenue of $358.32M. There is a high estimate of $358.32M for the next quarter, whereas the lowest estimate is $358.32M.
A total of 1 analysts have provided revenue estimates for PLCE’s current fiscal year. The highest revenue estimate was $1.27B, while the lowest revenue estimate was $1.27B, resulting in an average revenue estimate of $1.27B. In the same quarter a year ago, actual revenue was $1.39BBased on 1 analysts’ estimates, the company’s revenue will be $1.29B in the next fiscal year. The high estimate is $1.29B and the low estimate is $1.29B.
