Children's Place (PLCE) Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Children's Place in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PLCE shares.
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4 equities research analysts have issued 1 year price objectives for Children's Place's stock. Their PLCE share price forecasts range from $20.00 to $45.00. On average, they expect the company's share price to reach $30.75 in the next twelve months. This suggests a possible upside of 13.8% from the stock's current price.
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Children's Place's stock was trading at $36.42 on January 1st, 2023. Since then, PLCE stock has decreased by 25.8% and is now trading at $27.03.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023.
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The Children's Place, Inc. (NASDAQ:PLCE) released its quarterly earnings results on Thursday, August, 17th. The company reported ($2.12) earnings per share for the quarter, beating analysts' consensus estimates of ($2.13) by $0.01. The business earned $345.60 million during the quarter, compared to analysts' expectations of $342.20 million. Children's Place had a negative net margin of 4.40% and a negative trailing twelve-month return on equity of 37.87%. Children's Place's revenue was down 9.3% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.89) earnings per share.

Children's Place issued an update on its third quarter 2023 earnings guidance on Thursday, August, 17th. The company provided EPS guidance of $3.55-$3.65 for the period, compared to the consensus estimate of $3.67. The company issued revenue guidance of $470.00 million-$475.00 million, compared to the consensus revenue estimate of $466.39 million.

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 trades on the NASDAQ under the ticker symbol "PLCE."

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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One share of PLCE stock can currently be purchased for approximately $27.03.

Children's Place (NASDAQ:PLCE) has a market capitalization of $337.33 million and generates $1.71 billion in revenue each year. The company earns $-1,140,000.00 in net income (profit) each year or ($5.99) on an earnings per share basis.

The company employs 11,300 workers across the globe.

Children's Place's mailing address is 500 Plaza Drive, Secaucus NJ, 07094. The official website for the company is www.childrensplace.com. The company can be reached via phone at (201) 558-2400, via email at investor_relations@childrensplace.com, or via fax at 201-227-0321.