NASDAQ:PLCEChildrens Place Stock Price, Forecast & News

Childrens Place's stock was trading at $37.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PLCE shares have increased by 11.3% and is now trading at $41.64. 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 Thursday, June 11th 2020. View our earnings forecast for Childrens Place.

Childrens Place will be holding an earnings conference call on Thursday, June 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Childrens Place Inc (NASDAQ:PLCE) released its earnings results on Tuesday, March, 17th. The company reported $1.85 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.57 by $0.28. The company earned $513 million during the quarter, compared to analysts' expectations of $510.69 million. Childrens Place had a net margin of 3.92% and a return on equity of 32.90%. The company's revenue was down 3.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.10 EPS. View Childrens Place's earnings history.

Childrens Place announced 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 5.38%. 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 EPS 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 brokerages have issued 1 year price targets for Childrens Place's shares. Their forecasts range from $30.00 to $102.00. On average, they expect Childrens Place's share price to reach $48.73 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price. View analysts' price targets for Childrens Place.

News stories about PLCE stock have trended very negative recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Childrens Place earned a news impact score of -3.7 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutChildrens Place.

Childrens Place saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 5,970,000 shares, a drop of 14.1% from the April 15th total of 6,950,000 shares. Based on an average daily trading volume, of 1,078,000 shares, the days-to-cover ratio is presently 5.5 days. Currently, 43.0% 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), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Abercrombie & Fitch (ANF), Buckle (BKE), Guess? (GES), Zumiez (ZUMZ), 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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.02%), Morgan Stanley (6.28%), Morgan Stanley (6.28%), State Street Corp (4.04%), Prentice Capital Management LP (3.01%) and Invesco Ltd. (2.63%). 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 Wellington Management Group LLP, Bank of New York Mellon Corp, BlackRock Inc., Balyasny Asset Management LLC, Squarepoint Ops LLC, Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, and Public Sector Pension Investment Board. View insider buying and selling activity for Childrens Place.

PLCE stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Maverick Capital Ltd., Maverick Capital Ltd., Prentice Capital Management LP, Engine Capital Management LP, Deutsche Bank AG, and Canada Pension Plan Investment Board. 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 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 $41.64.

Childrens Place has a market capitalization of $604.20 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]