NASDAQ:PLCEChildrens Place Stock Price, Forecast & News

Childrens Place's stock was trading at $37.41 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PLCE shares have decreased by 14.7% and is now trading at $31.92. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Childrens Place in the last year. There are currently 1 sell rating, 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Childrens Place.

Childrens Place is scheduled to release its next quarterly earnings announcement on Wednesday, August 19th 2020. View our earnings forecast for Childrens Place.

Childrens Place Inc (NASDAQ:PLCE) announced its quarterly earnings results on Thursday, June, 11th. The company reported ($1.96) earnings per share (EPS) for the quarter, beating the consensus estimate of ($2.26) by $0.30. The business had revenue of $255.20 million for the quarter, compared to the consensus estimate of $261.78 million. Childrens Place had a positive return on equity of 23.44% and a negative net margin of 2.68%. Childrens Place's revenue was down 38.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.36 EPS. View Childrens Place's earnings history.

Childrens Place declared a quarterly dividend on Wednesday, December 11th. Investors of record on Monday, December 16th will be given a dividend of $0.56 per share on Friday, December 27th. This represents a $2.24 annualized dividend and a yield of 7.02%. The ex-dividend date is Friday, December 13th. View Childrens Place's dividend history.

Childrens Place updated its first quarter 2020 Pre-Market earnings guidance on Monday, May, 18th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $254-254 million, compared to the consensus revenue estimate of $328.13 million.

11 analysts have issued 12 month target prices for Childrens Place's shares. Their forecasts range from $28.00 to $102.00. On average, they expect Childrens Place's stock price to reach $52.64 in the next year. This suggests a possible upside of 64.9% from the stock's current price. View analysts' price targets for Childrens Place.

Media stories about PLCE stock have trended extremely negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Childrens Place earned a news impact score of -4.3 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the company's share price in the near term. View the latest news about Childrens Place.

Childrens Place saw a drop in short interest in June. As of June 15th, there was short interest totaling 5,190,000 shares, a drop of 9.1% from the May 31st total of 5,710,000 shares. Based on an average daily volume of 1,210,000 shares, the days-to-cover ratio is presently 4.3 days. Approximately 38.0% of the company's shares are sold short. View Childrens Place's Current Options Chain.

Some companies that are related to Childrens Place include TJX Companies (TJX), Ross Stores (ROST), GAP (GPS), Foot Locker (FL), American Eagle Outfitters (AEO), Urban Outfitters (URBN), Buckle (BKE), Zumiez (ZUMZ), Guess? (GES), Abercrombie & Fitch (ANF), Designer Brands (DBI), Shoe Carnival (SCVL), Caleres (CAL), Genesco (GCO) and Cato (CATO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Childrens Place investors own include Boeing (BA), Alibaba Group (BABA), Energy Transfer LP Unit (ET), NVIDIA (NVDA), Exxon Mobil (XOM), Broadcom (AVGO), Netflix (NFLX), Pfizer (PFE), Starbucks (SBUX) and AT&T (T).

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

Childrens Place's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Skyline Asset Management LP (0.97%) and Envestnet Asset Management Inc. (0.06%). Company insiders that own Childrens Place stock include Claudia Lima-Guinehut, Elizabeth J Boland, Jane T Elfers, John E Bachman, Michael Scarpa, Norman S Matthews and Robert F Helm. View institutional ownership trends for Childrens Place.

PLCE stock was sold by a variety of institutional investors in the last quarter, including Skyline Asset Management LP. View insider buying and selling activity for Childrens Place.

PLCE stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. Company insiders that have bought Childrens Place stock in the last two years include Elizabeth J Boland, Jane T Elfers, John E Bachman, Michael Scarpa, and Norman S Matthews. View insider buying and selling activity for Childrens Place.

Shares of PLCE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PLCE stock can currently be purchased for approximately $31.92.

Childrens Place has a market capitalization of $465.59 million and generates $1.87 billion in revenue each year. The company earns $73.30 million in net income (profit) each year or $5.36 on an earnings per share basis. Childrens Place employs 17,300 workers across the globe.

The official website for Childrens Place is www.childrensplace.com.

Childrens Place's mailing address is 500 Plaza Drive, Secaucus NJ, 07094. The company can be reached via phone at 201-558-2400 or via email at [email protected]