NASDAQ:PLCE - Childrens Place Stock Price, Forecast & News

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

Childrens Place announced a quarterly dividend on Wednesday, December 11th. Shareholders 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 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date of this dividend is Friday, December 13th. View Childrens Place's Dividend History.

Childrens Place declared that its Board of Directors has authorized a stock buyback plan on Tuesday, March 20th 2018, which permits the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its stock is undervalued.

Childrens Place Inc (NASDAQ:PLCE) announced its quarterly earnings data on Wednesday, December, 11th. The company reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.02 by $0.01. The company had revenue of $524.80 million for the quarter, compared to the consensus estimate of $534.09 million. Childrens Place had a net margin of 3.23% and a return on equity of 26.84%. The firm's revenue was up .4% on a year-over-year basis. During the same period in the prior year, the firm posted $3.07 earnings per share. View Childrens Place's Earnings History.

Childrens Place is scheduled to release their next quarterly earnings announcement on Monday, March 2nd 2020. View Earnings Estimates for Childrens Place.

Childrens Place updated its FY 2019 Pre-Market earnings guidance on Wednesday, December, 11th. The company provided earnings per share (EPS) guidance of $5.00-5.20 for the period, compared to the Thomson Reuters consensus estimate of $5.62. The company issued revenue guidance of $$1.862-1.867 billion, compared to the consensus revenue estimate of $$1.92 billion.

11 analysts have issued twelve-month target prices for Childrens Place's shares. Their forecasts range from $45.00 to $106.00. On average, they expect Childrens Place's stock price to reach $76.73 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Price Targets for Childrens Place.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Childrens Place in the last year. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Childrens Place.

Media coverage about PLCE stock has trended somewhat negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 -1.4 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Childrens Place.

Childrens Place saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 6,990,000 shares, a decrease of 7.7% from the January 15th total of 7,570,000 shares. Based on an average daily trading volume, of 924,500 shares, the short-interest ratio is presently 7.6 days. Approximately 48.4% of the company's stock 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), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Guess? (GES), Buckle (BKE), Designer Brands (DBI), Abercrombie & Fitch (ANF), Zumiez (ZUMZ), Caleres (CAL), Genesco (GCO), Shoe Carnival (SCVL) and Chico's FAS (CHS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Childrens Place investors own include Energy Transfer LP Unit (ET), Alibaba Group (BABA), AT&T (T), NVIDIA (NVDA), Boeing (BA), Pfizer (PFE), Broadcom (AVGO), Netflix (NFLX), Bristol-Myers Squibb (BMY) and Johnson & Johnson (JNJ).

Childrens Place's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (14.13%), Royce & Associates LP (4.95%), Ceredex Value Advisors LLC (4.39%), Westwood Holdings Group Inc. (4.09%), State Street Corp (3.56%) and Bank of New York Mellon Corp (3.27%). Company insiders that own Childrens Place stock include Anurup Pruthi, Claudia Lima-Guinehut, 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 Thrivent Financial for Lutherans, FMR LLC, Stifel Financial Corp, Maverick Capital Ltd., Ceredex Value Advisors LLC, Bank of New York Mellon Corp, Emerald Mutual Fund Advisers Trust and Emerald Advisers LLC. Company insiders that have sold Childrens Place company stock in the last year include Claudia Lima-Guinehut and Robert F Helm. View Insider Buying and Selling for Childrens Place.

PLCE stock was acquired by a variety of institutional investors in the last quarter, including Prentice Capital Management LP, Russell Investments Group Ltd., Royce & Associates LP, Point72 Asset Management L.P., Hotchkis & Wiley Capital Management LLC, Smith Graham & Co. Investment Advisors LP, Cooper Creek Partners Management LLC and Westwood Holdings Group Inc.. Company insiders that have bought Childrens Place stock in the last two years include Jane T Elfers, John E Bachman, Michael Scarpa and Norman S Matthews. View Insider Buying and Selling 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 $69.29.

Childrens Place has a market capitalization of $1.04 billion and generates $1.94 billion in revenue each year. The company earns $100.96 million in net income (profit) each year or $6.75 on an earnings per share basis. Childrens Place employs 18,700 workers across the globe.View Additional Information About Childrens Place.

The official website for Childrens Place is http://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]