In last trading session, Childrens Place Inc (NASDAQ:PLCE) saw 0.32 million shares changing hands with its beta currently measuring 2.36. Company’s recent per share price level of $10.38 trading at -$0.26 or -2.44% at ring of the bell on the day assigns it a market valuation of $132.71M. That closing price of PLCE’s stock is at a discount of -266.38% from its 52-week high price of $38.03 and is indicating a premium of 54.05% 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 0.38 million shares which gives us an average trading volume of 462.74K 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. The company is expected to be making an EPS of 0.12 in the current quarter.
Childrens Place Inc (NASDAQ:PLCE) trade information
Upright in the red during last session for losing -2.44%, in the last five days PLCE remained trading in the red while hitting it’s week-highest on Friday, 01/03/25 when the stock touched $10.38 price level, adding 8.47% to its value on the day. Childrens Place Inc’s shares saw a change of -0.76% in year-to-date performance and have moved -0.67% in past 5-day. Childrens Place Inc (NASDAQ:PLCE) showed a performance of -22.65% in past 30-days. Number of shares sold short was 2.94 million shares which calculate 6.19 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 18 to the stock, which implies a rise of 42.33% to its current value. Analysts have been projecting 18 as a low price target for the stock while placing it at a high target of 18. It follows that stock’s current price would drop -73.41% in reaching the projected high whereas dropping to the targeted low would mean a loss of -73.41% for stock’s current value.
Childrens Place Inc (PLCE) estimates and forecasts
This year revenue growth is estimated to fall -15.63% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 374.32M for the same. And 1 analysts are in estimates of company making revenue of 251.84M in the next quarter. Company posted 455.03M and 267.88M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 117.32% 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 83.01 percent of that, with stock having share float percentage of 91.26%. Investors also watch the number of corporate investors in a company very closely, which is 83.01% 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.
On the other hand, Invesco ETF Tr II-Invesco Dorsey Wright SmallCap Momentum ETF and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Oct 31, 2024 , the former fund manager was holding 233.16 shares of worth $2.42 million or 1.82% of the total outstanding shares. The later fund manager was in possession of 191.07 shares on Sep 30, 2024 , making its stake of worth around $1.98 million in the company or a holder of 1.49% of company’s stock.