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In the latest session, Childrens Place Inc (NASDAQ: PLCE) closed at $9.88 up 5.61% from its previous closing price of $9.35. In other words, the price has increased by $5.61 from its previous closing price. On the day, 1.37 million shares were traded. PLCE stock price reached its highest trading level at $10.3599 during the session, while it also had its lowest trading level at $9.0033.
Ratios:
For a deeper understanding of Childrens Place Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.95. For the most recent quarter (mrq), Quick Ratio is recorded 0.15 and its Current Ratio is at 0.73.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 125267336 and an Enterprise Value of 568809472. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08. Its current Enterprise Value per Revenue stands at 0.355 whereas that against EBITDA is 49.329.
Stock Price History:
The Beta on a monthly basis for PLCE is 2.08, which has changed by -0.64823174 over the last 52 weeks, in comparison to a change of 0.2537824 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 $6.58. The 50-Day Moving Average of the stock is -12.88%, while the 200-Day Moving Average is calculated to be -53.40%.
Shares Statistics:
For the past three months, PLCE has traded an average of 1.71M shares per day and 740150 over the past ten days. A total of 12.53M shares are outstanding, with a floating share count of 4.86M. Insiders hold about 61.71% of the company’s shares, while institutions hold 78.38% stake in the company. Shares short for PLCE as of 1713139200 were 3143748 with a Short Ratio of 1.84, 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
Currently, 2.0 analysts are dedicated to thoroughly evaluating and rating the performance of Childrens Place Inc (PLCE) in the stock market.On average, analysts expect EPS of -$1.25 for the current quarter, with a high estimate of -$1.05 and a low estimate of -$1.45, while EPS last year was -$3.87. The consensus estimate for the next quarter is $2.88, with high estimates of $2.97 and low estimates of $2.79.
Analysts are recommending an EPS of between $2.2 and -$0.87 for the fiscal current year, implying an average EPS of $0.73. EPS for the following year is $3.35, with 1.0 analysts recommending between $3.35 and $3.35.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $474.89M. There is a high estimate of $482M for the next quarter, whereas the lowest estimate is $467.79M.
A total of 2 analysts have provided revenue estimates for PLCE’s current fiscal year. The highest revenue estimate was $1.59B, while the lowest revenue estimate was $1.58B, resulting in an average revenue estimate of $1.59B. In the same quarter a year ago, actual revenue was $1.6BBased on 2 analysts’ estimates, the company’s revenue will be $1.6B in the next fiscal year. The high estimate is $1.6B and the low estimate is $1.6B.
