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The closing price of Childrens Place Inc (NASDAQ: PLCE) was $5.20 for the day, up 6.56% from the previous closing price of $4.88. In other words, the price has increased by $6.56 from its previous closing price. On the day, 0.76 million shares were traded. PLCE stock price reached its highest trading level at $5.41 during the session, while it also had its lowest trading level at $4.98.
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 0.13 and its Current Ratio is at 0.90.
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 114592392 and an Enterprise Value of 695572288. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08. Its current Enterprise Value per Revenue stands at 0.502 whereas that against EBITDA is 10.683.
Stock Price History:
The Beta on a monthly basis for PLCE is 1.79, which has changed by -0.35242838 over the last 52 weeks, in comparison to a change of 0.09765589 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 -29.02%, while the 200-Day Moving Average is calculated to be -48.37%.
Shares Statistics:
PLCE traded an average of 448.03K shares per day over the past three months and 515030 shares per day over the past ten days. A total of 12.78M shares are outstanding, with a floating share count of 7.18M. Insiders hold about 67.42% of the company’s shares, while institutions hold 20.20% stake in the company. Shares short for PLCE as of 1744675200 were 2957295 with a Short Ratio of 6.60, compared to 1741910400 on 2695546. Therefore, it implies a Short% of Shares Outstanding of 2957295 and a Short% of Float of 36.049998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.11.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $2.28 and -$0.45 for the fiscal current year, implying an average EPS of $0.91. 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 $253.92M to a low estimate of $253.92M. As of the current estimate, Childrens Place Inc’s year-ago sales were $267.88MFor the next quarter, 1 analysts are estimating revenue of $313.85M. There is a high estimate of $313.85M for the next quarter, whereas the lowest estimate is $313.85M.
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 $1.39BBased on 1 analysts’ estimates, the company’s revenue will be $1.33B in the next fiscal year. The high estimate is $1.33B and the low estimate is $1.33B.
