The Time To Buy Childrens Place Inc (NASDAQ: PLCE) Is Now

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During the last session, Childrens Place Inc (NASDAQ:PLCE)’s traded shares were 0.31 million, with the beta value of the company hitting 2.05. At the end of the trading day, the stock’s price was $7.09, reflecting an intraday gain of 3.50% or $0.24. The 52-week high for the PLCE share is $38.03, that puts it down -436.39 from that peak though still a striking 5.78% gain since the share price plummeted to a 52-week low of $6.68. The company’s market capitalization is $88.48M, and the average trade volume was 1.66 million shares over the past three months.

Childrens Place Inc (NASDAQ:PLCE) trade information

Childrens Place Inc (PLCE) registered a 3.50% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 3.50% in intraday trading to $7.09, hitting a weekly high. The stock’s 5-day price performance is -14.06%, and it has moved by -42.82% in 30 days. Based on these gigs, the overall price performance for the year is -76.23%.

Childrens Place Inc (PLCE) estimates and forecasts

Statistics show that Childrens Place Inc has underperformed its competitors in share price, compared to the industry in which it operates. Childrens Place Inc (PLCE) shares have gone down -74.42% during the last six months, with a year-to-date growth rate less than the industry average at -4,275.00% against 8.50. In the rating firms’ projections, revenue will decrease -6.00% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 458.85M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 315.1M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 456.13M and 338.46M respectively. In this case, analysts expect current quarter sales to grow by 0.60% and then drop by -6.90% in the coming quarter.

While earnings are projected to return -4225.00% in 2024, the next five years will return -7.10% per annum.

PLCE Dividends

Childrens Place Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Childrens Place Inc (NASDAQ:PLCE)’s Major holders