During the last session, Childrens Place Inc (NASDAQ:PLCE)’s traded shares were 0.43 million, with the beta value of the company hitting 2.36. At the end of the trading day, the stock’s price was $10.98, reflecting an intraday gain of 5.07% or $0.53. The 52-week high for the PLCE share is $38.03, that puts it down -246.36 from that peak though still a striking 56.56% gain since the share price plummeted to a 52-week low of $4.77. The company’s market capitalization is $140.38M, and the average intraday trading volume over the past 10 days was 0.44 million shares, and the average trade volume was 486.92K shares over the past three months.
Childrens Place Inc (PLCE) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.00. PLCE has a Sell rating from 1 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it.
Childrens Place Inc (NASDAQ:PLCE) trade information
Childrens Place Inc (PLCE) registered a 5.07% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 5.07% in intraday trading to $10.98, hitting a weekly high. The stock’s 5-day price performance is 4.67%, and it has moved by -10.37% in 30 days. Based on these gigs, the overall price performance for the year is -47.41%. The short interest in Childrens Place Inc (NASDAQ:PLCE) is 2.94 million shares and it means that shorts have 6.19 day(s) to cover.
The consensus price target of analysts on Wall Street is $18, which implies an increase of 39.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $18 and $18 respectively. As a result, PLCE is trading at a discount of -63.93% off the target high and -63.93% off the low.
While earnings are projected to return 117.31% in 2025, the next five years will return -7.10% per annum.
PLCE Dividends
Childrens Place Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 2.11%.
Childrens Place Inc (NASDAQ:PLCE)’s Major holders
Childrens Place Inc insiders own 9.04% of total outstanding shares while institutional holders control 83.01%, with the float percentage being 91.26%. MITHAQ CAPITAL SPC is the largest shareholder of the company, while 90.0 institutions own stock in it. As of 2024-06-30, the company held over 7.0 million shares (or 55.3807% of all shares), a total value of $55.71 million in shares.
The next largest institutional holding, with 0.37 million shares, is of VANGUARD GROUP INC’s that is approximately 2.95% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.04 million.
