In last trading session, Childrens Place Inc (NASDAQ:PLCE) saw 0.4 million shares changing hands with its beta currently measuring 2.25. Company’s recent per share price level of $15.00 trading at $1.15 or 8.30% at ring of the bell on the day assigns it a market valuation of $190.78M. That closing price of PLCE’s stock is at a discount of -153.53% from its 52-week high price of $38.03 and is indicating a premium of 68.2% from its 52-week low price of $4.77. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.36 million shares which gives us an average trading volume of 2.39 million if we extend that period to 3-months.
For Childrens Place Inc (PLCE), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
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Childrens Place Inc (NASDAQ:PLCE) trade information
Upright in the green during last session for gaining 8.30%, in the last five days PLCE remained trading in the green while hitting it’s week-highest on Monday, 11/04/24 when the stock touched $15.00 price level, adding 2.28% to its value on the day. Childrens Place Inc’s shares saw a change of -35.40% in year-to-date performance and have moved 6.61% in past 5-day. Childrens Place Inc (NASDAQ:PLCE) showed a performance of 16.64% in past 30-days. Number of shares sold short was 2.7 million shares which calculate 1.53 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 13.5 to the stock, which implies a fall of -11.11% to its current value. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 48. It follows that stock’s current price would jump 53.33% in reaching the projected high whereas dropping to the targeted low would mean a gain of 53.33% for stock’s current value.
In 2024, company’s earnings growth rate is likely to be around 125.93% while estimates for its earnings growth in next 5 years are of -7.10%.
Childrens Place Inc (NASDAQ:PLCE)’s Major holders
Insiders are in possession of 9.04% of company’s total shares while institution are holding 83.46 percent of that, with stock having share float percentage of 91.75%. Investors also watch the number of corporate investors in a company very closely, which is 83.46% institutions for Childrens Place Inc that are currently holding shares of the company. MITHAQ CAPITAL SPC is the top institutional holder at PLCE for having 7.0 million shares of worth $55.71 million. And as of 2024-06-30, it was holding 55.3807 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 0.37 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.95 of outstanding shares, having a total worth of $3.04 million.
