Children's Place - PLCE Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Children's Place in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street 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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5 Wall Street analysts have issued 12 month target prices for Children's Place's shares. Their PLCE share price forecasts range from $36.00 to $132.00. On average, they predict the company's stock price to reach $69.60 in the next twelve months. This suggests a possible upside of 108.1% from the stock's current price.
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Children's Place's stock was trading at $79.29 on January 1st, 2022. Since then, PLCE shares have decreased by 57.8% and is now trading at $33.44.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 17th 2022.
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The Children's Place, Inc. (NASDAQ:PLCE) released its earnings results on Wednesday, August, 17th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.68 by $1.57. The company earned $380.89 million during the quarter, compared to analysts' expectations of $390.42 million. Children's Place had a net margin of 6.88% and a trailing twelve-month return on equity of 60.35%. The firm's quarterly revenue was down 8.0% compared to the same quarter last year. During the same period last year, the company posted $1.71 EPS.

Children's Place issued an update on its third quarter 2022 earnings guidance on Wednesday, September, 14th. The company provided earnings per share guidance of $3.95-$3.95 for the period, compared to the consensus EPS estimate of $3.94. The company issued revenue guidance of $500.00 million-$500.00 million, compared to the consensus revenue estimate of $507.80 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."

Children's Place's stock is owned by a number of institutional and retail investors. Top institutional investors include Franklin Resources Inc. (9.92%), State Street Corp (4.08%), Renaissance Technologies LLC (2.17%), Smith Graham & Co. Investment Advisors LP (1.37%), FMR LLC (1.33%) and Northern Trust Corp (1.33%). Insiders that own company stock include Claudia Lima-Guinehut, Elizabeth J Boland, Jane T Elfers, Jane T Elfers, John E Bachman, Joseph A Alutto, Leah Swan, Marla Malcolm Beck, Michael Scarpa, Norman S Matthews 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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One share of PLCE stock can currently be purchased for approximately $33.44.

Children's Place (NASDAQ:PLCE) has a market capitalization of $435.66 million and generates $1.92 billion in revenue each year. The company earns $187.17 million in net income (profit) each year or $8.40 on an earnings per share basis.

The company employs 11,900 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.