Children's Place Stock Price, News & Analysis (NASDAQ:PLCE)

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Children's Place in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PLCE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PLCE, but not buy additional shares or sell existing shares.
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4 brokerages have issued 1 year target prices for Children's Place's stock. Their PLCE share price targets range from $19.00 to $31.00. On average, they expect the company's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 14.8% from the stock's current price.
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Children's Place's stock was trading at $36.42 at the beginning of the year. Since then, PLCE shares have decreased by 40.2% and is now trading at $21.78.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, March 21st 2024.
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The Children's Place, Inc. (NASDAQ:PLCE) posted its quarterly earnings results on Thursday, November, 16th. The company reported $3.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.49 by $0.27. The company earned $480.20 million during the quarter, compared to analyst estimates of $465.71 million. Children's Place had a negative trailing twelve-month return on equity of 47.76% and a negative net margin of 4.75%. The business's quarterly revenue was down 5.7% on a year-over-year basis. During the same period in the previous year, the business posted $3.33 earnings per share.

Children's Place updated its FY 2023 earnings guidance on Thursday, November, 16th. The company provided earnings per share guidance of -$0.59--$0.39 for the period, compared to the consensus earnings per share estimate of $0.90. The company issued revenue guidance of $1.60 billion-$1.61 billion, compared to the consensus revenue estimate of $1.61 billion.

815 employees have rated Children's Place Chief Executive Officer Jane Elfers on Glassdoor.com. Jane Elfers has an approval rating of 56% among the company's employees. This puts Jane Elfers in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Children's Place investors own include Energy Transfer (ET), Boeing (BA), NVIDIA (NVDA), AT&T (T), Alibaba Group (BABA), Coty (COTY), Broadcom (AVGO), Exxon Mobil (XOM), Walt Disney (DIS) and Marathon Petroleum (MPC).

Children's Place's stock is owned by a number of institutional and retail investors. Top institutional investors include Nomura Holdings Inc. (0.00%), Charles Schwab Investment Management Inc. (2.10%), Smith Graham & Co. Investment Advisors LP (1.52%), PEAK6 Investments LLC (0.00%), Jupiter Asset Management Ltd. (1.21%) and Meros Investment Management LP (1.08%). Insiders that own company stock include Claudia Lima-Guinehut, Jane T Elfers, John E Bachman, Joseph A Alutto, Leah Swan, Marla Malcolm Beck and Robert F Helm.
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Shares of PLCE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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