During the last session, Childrens Place Inc (NASDAQ:PLCE)’s traded shares were 0.39 million, with the beta value of the company hitting 1.94. At the end of the trading day, the stock’s price was $5.71, reflecting an intraday loss of -0.52% or -$0.03. The 52-week high for the PLCE share is $19.74, that puts it down -245.71 from that peak though still a striking 16.46% gain since the share price plummeted to a 52-week low of $4.77. The company’s market capitalization is $73.01M, and the average intraday trading volume over the past 10 days was 0.74 million shares, and the average trade volume was 413.26K 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. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.
Childrens Place Inc (NASDAQ:PLCE) trade information
Childrens Place Inc (PLCE) registered a -0.52% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.52% in intraday trading to $5.71, hitting a weekly high. The stock’s 5-day price performance is -19.35%, and it has moved by -29.59% in 30 days. Based on these gigs, the overall price performance for the year is -19.69%. The short interest in Childrens Place Inc (NASDAQ:PLCE) is 2.63 million shares and it means that shorts have 8.02 day(s) to cover.
The consensus price target of analysts on Wall Street is $11, which implies an increase of 48.09% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $11 and $11 respectively. As a result, PLCE is trading at a discount of -92.64% off the target high and -92.64% off the low.
Childrens Place Inc (PLCE) estimates and forecasts
In the rating firms’ projections, revenue will decrease -2.31% 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 260.75M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 323.93M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 267.88M and 319.65M respectively. In this case, analysts expect current quarter sales to shrink by -2.66% and then jump by 1.34% in the coming quarter.
While earnings are projected to return 112.82% in 2025, the next five years will return 36.62% per annum.
PLCE Dividends
Childrens Place Inc is due to release its next quarterly earnings on 2025-Apr-10. 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 8.95% of total outstanding shares while institutional holders control 89.71%, with the float percentage being 98.53%. MITHAQ CAPITAL SPC is the largest shareholder of the company, while 102.0 institutions own stock in it. As of 2024-06-30, the company held over 7.0 million shares (or 54.8214% 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.
