After finishing at $18.30 in the prior trading day, Childrens Place Inc (NASDAQ: PLCE) closed at $17.80, down -2.73%. In other words, the price has decreased by -$0.50 from its previous closing price. On the day, 539174 shares were traded. PLCE stock price reached its highest trading level at $18.31 during the session, while it also had its lowest trading level at $17.09.
Ratios:
Our goal is to gain a better understanding of PLCE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.19 and its Current Ratio is at 0.85. In the meantime, Its Debt-to-Equity ratio is 4.67 whereas as Long-Term Debt/Eq ratio is at 1.07.
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 the company, B. Riley Securities on February 13, 2024, Downgraded its rating to Sell and sets its target price to $4 from $19 previously.
B. Riley Securities Downgraded its Buy to Neutral on November 20, 2023, whereas the target price for the stock was revised from $45 to $19.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 13 when Mithaq Capital SPC bought 966,344 shares for $11.15 per share. The transaction valued at 10,779,027 led to the insider holds 6,751,387 shares of the business.
Mithaq Capital SPC bought 1,566,475 shares of PLCE for $24,749,525 on Feb 12. The 10% Owner now owns 4,663,743 shares after completing the transaction at $15.80 per share. On Feb 09, another insider, Mithaq Capital SPC, who serves as the 10% Owner of the company, bought 1,849,397 shares for $11.02 each. As a result, the insider paid 20,387,178 and bolstered with 3,097,268 shares of the company.
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 222.10M and an Enterprise Value of 759.91M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 1.88. Its current Enterprise Value per Revenue stands at 0.47 whereas that against EBITDA is -19.47.
Stock Price History:
Over the past 52 weeks, PLCE has reached a high of $44.34, while it has fallen to a 52-week low of $8.30. The 50-Day Moving Average of the stock is 21.35, while the 200-Day Moving Average is calculated to be 23.79.
Shares Statistics:
The stock has traded on average 1.32M shares per day over the past 3-months and 830.46k shares per day over the last 10 days, according to various share statistics. A total of 12.22M shares are outstanding, with a floating share count of 4.51M. Insiders hold about 63.88% of the company’s shares, while institutions hold 85.91% stake in the company. Shares short for PLCE as of Feb 15, 2024 were 6.36M with a Short Ratio of 4.82, compared to 2.13M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 50.99% and a Short% of Float of 75.49%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.11.
Earnings Estimates
Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of -$1.14 for the current quarter, with a high estimate of $0.35 and a low estimate of -$2.61, while EPS last year was -$3.87. The consensus estimate for the next quarter is -$0.73, with high estimates of -$0.25 and low estimates of -$1.21.
Analysts are recommending an EPS of between -$0.6 and -$3.47 for the fiscal current year, implying an average EPS of -$2.51. EPS for the following year is $0.94, with 4 analysts recommending between $3.06 and -$0.84.
Revenue Estimates
3 analysts predict $458.85M in revenue for the current quarter. It ranges from a high estimate of $463.64M to a low estimate of $455M. As of the current estimate, Childrens Place Inc’s year-ago sales were $456.13M, an estimated increase of 0.60% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $315.1M, a decrease of -6.90% less than the figure of $0.60% in the same quarter last year. There is a high estimate of $327.56M for the next quarter, whereas the lowest estimate is $300.75M.
A total of 3 analysts have provided revenue estimates for PLCE’s current fiscal year. The highest revenue estimate was $1.61B, while the lowest revenue estimate was $1.6B, resulting in an average revenue estimate of $1.61B. In the same quarter a year ago, actual revenue was $1.71B, down -6.00% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $1.56B in the next fiscal year. The high estimate is $1.6B and the low estimate is $1.5B. The average revenue growth estimate for next year is down -2.90% from the average revenue estimate for this year.
