Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
The price of Childrens Place Inc (NASDAQ: PLCE) closed at $7.57 in the last session, up 6.77% from day before closing price of $7.09. In other words, the price has increased by $6.77 from its previous closing price. On the day, 0.62 million shares were traded. PLCE stock price reached its highest trading level at $8.0371 during the session, while it also had its lowest trading level at $7.0701.
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 0.19 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 April 24, 2024, Upgraded its rating to Neutral and sets its target price to $7 from $12 previously.
On February 13, 2024, B. Riley Securities Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation 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 Feb 13 ’24 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 ’24. The 10% Owner now owns 4,663,743 shares after completing the transaction at $15.80 per share. On Feb 09 ’24, 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 94453160 and an Enterprise Value of 632268352. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 0.394 whereas that against EBITDA is -30.748.
Stock Price History:
The Beta on a monthly basis for PLCE is 2.04, which has changed by -0.7234198 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, PLCE has reached a high of $38.03, while it has fallen to a 52-week low of $6.68. The 50-Day Moving Average of the stock is -43.72%, while the 200-Day Moving Average is calculated to be -65.42%.
Shares Statistics:
According to the various share statistics, PLCE traded on average about 1.66M shares per day over the past 3-months and 2179430 shares per day over the past 10 days. A total of 12.22M shares are outstanding, with a floating share count of 4.78M. Insiders hold about 61.71% of the company’s shares, while institutions hold 81.04% stake in the company. Shares short for PLCE as of 1713139200 were 3143748 with a Short Ratio of 1.89, compared to 1710460800 on 2757811. Therefore, it implies a Short% of Shares Outstanding of 3143748 and a Short% of Float of 37.3.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.11.
Earnings Estimates
Its stock is currently analyzed by 4.0 different market analysts. On average, analysts expect EPS of -$1.88 for the current quarter, with a high estimate of $0.25 and a low estimate of -$2.62, while EPS last year was -$3.87. The consensus estimate for the next quarter is -$0.67, with high estimates of -$0.25 and low estimates of -$1.03.
Analysts are recommending an EPS of between -$0.6 and -$3.47 for the fiscal current year, implying an average EPS of -$2.74. EPS for the following year is $0.74, with 3.0 analysts recommending between $2.2 and -$0.84.
Revenue Estimates
According to 3 analysts, the current quarter’s revenue is expected to be $458.85M. 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 $456.13MFor the next quarter, 3 analysts are estimating revenue of $315.1M. 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 $1.71BBased 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.
