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

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

Childrens Place declared a quarterly dividend on Wednesday, December 11th. Investors of record on Monday, December 16th will be paid a dividend of $0.56 per share on Friday, December 27th. This represents a $2.24 annualized dividend and a yield of 3.24%. The ex-dividend date of this dividend is Friday, December 13th. View Childrens Place's Dividend History.

Childrens Place announced that its Board of Directors has initiated a share buyback program on Tuesday, March 20th 2018, which allows the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's board believes its shares are undervalued.

Childrens Place Inc (NASDAQ:PLCE) released its quarterly earnings data on Wednesday, December, 11th. The company reported $3.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $3.02 by $0.01. The firm earned $524.80 million during the quarter, compared to analyst estimates of $534.09 million. Childrens Place had a return on equity of 26.84% and a net margin of 3.23%. The firm's revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.07 EPS. 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 issued an update on 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 EPS 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 1-year target prices for Childrens Place's stock. Their forecasts range from $45.00 to $106.00. On average, they anticipate Childrens Place's stock price to reach $76.73 in the next year. This suggests a possible upside of 10.9% 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.

News headlines about PLCE stock have trended somewhat negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Childrens Place earned a news sentiment score of -1.9 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. 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 trading volume of 924,500 shares, the days-to-cover ratio is presently 7.6 days. Approximately 48.4% of the company's shares are short sold. 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 shareholders 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, Man Group plc and Emerald Mutual Fund Advisers Trust. 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 $69.18.

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]