In the last trading session, 0.71 million shares of the Childrens Place Inc (NASDAQ:PLCE) were traded, and its beta was 1.79. Most recently the company’s share price was $5.46, and it changed around $0.26 or 5.00% from the last close, which brings the market valuation of the company to $120.32M. PLCE currently trades at a discount to its 52-week high of $19.74, offering almost -261.54% off that amount. The share price’s 52-week low was $4.77, which indicates that the current value has risen by an impressive 12.64% since then.
Childrens Place Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended PLCE as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Childrens Place Inc is expected to report earnings per share of 0 for the current quarter.
Childrens Place Inc (NASDAQ:PLCE) trade information
Instantly PLCE has showed a green trend with a performance of 5.00% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 5.66 on recent trading dayincreased the stock’s daily price by 3.53%. The company’s shares are currently down -47.80% year-to-date, but still up 1.11% over the last five days. On the other hand, Childrens Place Inc (NASDAQ:PLCE) is -30.45% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $11, which translates to bulls needing to increase their stock price by 50.36% from its current value. Analyst projections state that PLCE is forecast to be at a low of $11 and a high of $11.
Childrens Place Inc (PLCE) estimates and forecasts
The year-over-year growth rate is expected to be -2.34%, down from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 253.92M in revenue for the current quarter. 1 analysts expect Childrens Place Inc to make 313.85M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 267.88M and 319.65M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -5.21%. Forecasts for the next quarter put sales growth at -1.82%.
Childrens Place Inc earnings are expected to increase by 112.43% in 2025, but the outlook is positive 36.75% per year for the next five years.
PLCE Dividends
Childrens Place Inc’s next quarterly earnings report is expected to be released in June.
VANGUARD GROUP INC, with 2.9202% or 0.37 million shares worth $3.04 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 191.07 shares worth $1.04 million, making up 0.87% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 154.48 shares worth around $0.84 million, which represents about 0.70% of the total shares outstanding.
