Childrens Place Inc (NASDAQ:PLCE)’s traded shares stood at 0.9 million during the last session, with the company’s beta value hitting 2.25. At the close of trading, the stock’s price was $15.01, to imply an increase of 5.41% or $0.77 in intraday trading. The PLCE share’s 52-week high remains $38.03, putting it -153.36% down since that peak but still an impressive 68.22% since price per share fell to its 52-week low of $4.77. The company has a valuation of $190.93M, with an average of 1.57 million shares in intraday trading volume over the past 10 days and average of 2.39 million shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Childrens Place Inc (PLCE), translating to a mean rating of 3.00. Of 2 analyst(s) looking at the stock, 1 analyst(s) give PLCE a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 2.63.
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Childrens Place Inc (NASDAQ:PLCE) trade information
After registering a 5.41% upside in the last session, Childrens Place Inc (PLCE) has traded red over the past five days. The 5-day price performance for the stock is -11.81%, and 187.00% over 30 days. With these gigs, the year-to-date price performance is -35.36%. Short interest in Childrens Place Inc (NASDAQ:PLCE) saw shorts transact 3.48 million shares and set a 0.75 days time to cover.
The extremes give us $7 and $48 for target low and target high price respectively. As such, PLCE has been trading -219.79% off suggested target high and 53.36% from its likely low.
Childrens Place Inc (PLCE) estimates and forecasts
Revenue is forecast to shrink -18.30% this quarter before jumping 112.50% for the next one. The rating firms project that company’s revenue will shrink -9.40% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 437.12M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 427.23M.
PLCE Dividends
Childrens Place Inc has its next earnings report out on 2024-Nov-14. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The company’s average dividend yield trailing the past 5-year period is 2.11%.
Childrens Place Inc (NASDAQ:PLCE)’s Major holders
Childrens Place Inc insiders hold 7.62% of total outstanding shares, with institutional holders owning 83.55% of the shares at 90.44% float percentage. In total, 83.55% institutions holds shares in the company, led by MITHAQ CAPITAL SPC. As of 2024-06-30, the company held over 7.0 million shares (or 55.3807% of shares), all amounting to roughly $55.71 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 0.37 million shares, or about 2.95% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $3.04 million.
We also have Schwab Strategic Tr-Schwab Fundamental U.S. Small Company Index ETF and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Childrens Place Inc (PLCE) shares. Going by data provided on May 31, 2024 , Schwab Strategic Tr-Schwab Fundamental U.S. Small Company Index ETF holds roughly 194.75 shares. This is just over 1.53% of the total shares, with a market valuation of $2.92 million. Data from the same date shows that the other fund manager holds a little less at 191.07, or 1.50% of the shares, all valued at about 2.87 million.
