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The price of Childrens Place Inc (NASDAQ: PLCE) closed at $7.85 in the last session, down -14.77% from day before closing price of $9.21. In other words, the price has decreased by -$14.77 from its previous closing price. On the day, 0.57 million shares were traded. PLCE stock price reached its highest trading level at $8.535 during the session, while it also had its lowest trading level at $7.53.
Ratios:
We take a closer look at PLCE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.17 and its Current Ratio is at 0.93.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 100362248 and an Enterprise Value of 796125504. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07. Its current Enterprise Value per Revenue stands at 0.556 whereas that against EBITDA is 35.388.
Stock Price History:
The Beta on a monthly basis for PLCE is 1.81, which has changed by -0.07210404 over the last 52 weeks, in comparison to a change of 0.036926866 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 $4.77. The 50-Day Moving Average of the stock is -12.34%, while the 200-Day Moving Average is calculated to be -23.87%.
Shares Statistics:
According to the various share statistics, PLCE traded on average about 335.66K shares per day over the past 3-months and 301500 shares per day over the past 10 days. A total of 12.78M shares are outstanding, with a floating share count of 4.17M. Insiders hold about 67.40% of the company’s shares, while institutions hold 33.57% stake in the company. Shares short for PLCE as of 1741910400 were 2695546 with a Short Ratio of 8.03, compared to 1739491200 on 2605561. Therefore, it implies a Short% of Shares Outstanding of 2695546 and a Short% of Float of 50.71.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.11.
Earnings Estimates
A detailed examination of Childrens Place Inc (PLCE) is currently in progress, with 1.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$0.62, with high estimates of -$0.62 and low estimates of -$0.62.
Analysts are recommending an EPS of between $1.55 and $1.38 for the fiscal current year, implying an average EPS of $1.47. EPS for the following year is $1.84, with 2.0 analysts recommending between $2.28 and $1.4.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $374.32M. It ranges from a high estimate of $374.32M to a low estimate of $374.32M. As of the current estimate, Childrens Place Inc’s year-ago sales were $455.03MFor the next quarter, 1 analysts are estimating revenue of $251.84M. There is a high estimate of $251.84M for the next quarter, whereas the lowest estimate is $251.84M.
A total of 1 analysts have provided revenue estimates for PLCE’s current fiscal year. The highest revenue estimate was $1.35B, while the lowest revenue estimate was $1.35B, resulting in an average revenue estimate of $1.35B. In the same quarter a year ago, actual revenue was $1.6BBased on 1 analysts’ estimates, the company’s revenue will be $1.34B in the next fiscal year. The high estimate is $1.34B and the low estimate is $1.34B.
