Children's Place, Inc. (The) (NASDAQ:PLCE) To Release Earnings

Paterniano Del Favero
Mag 19, 2017

The share price of the company (NASDAQ:PLCE) was down -2.23%, with a high of 113.45 during the day and the volume of The Children's Place Retail Stores, Inc. shares traded was 1020120. Buy rating has been given by 2 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and 19 analysts given HOLD rating.

On 3/8/2017 announced a quarterly dividend of $0.40 1.35% with an ex dividend date of 4/6/2017 which will be payable on 4/10/2017. Quadrature Capital Ltd raised its stake in Childrens Place by 126.4% in the fourth quarter. Some of these risks and uncertainties are described in the Company's filings with the Securities and Exchange Commission, including in the "Risk Factors" section of its annual report on Form 10-K for the fiscal year ended January 28, 2017. For the week, the stock is performing -8.94%. The stock witnessed 2.93% gains, 11.61% gains and 38.96% gains for the 1-month, 3-month and 6-month period, respectively. After a recent look, shares have been seen 16.57% from the 200-day moving average, and -2.47% from the 50-day moving average. The stock has a market cap of $1.96 billion, a P/E ratio of 20.67 and a beta of 0.41. Childrens Place had a net margin of 4.86% and a return on equity of 18.24%. The firm had revenue of $520.80 million during the quarter, compared to analysts' expectations of $522.13 million. For the last period, the company reported quarter over quarter EPS growth of 114.40% and quarter over quarter sales growth of 4.50%. On average, equities research analysts anticipate that Childrens Place Inc will post $6.66 earnings per share for the current year. (:RILY). Analysts are projecting that the stock will reach $1.50 on a short term (1 year) basis. "And, we repurchased $33 million in stock and paid $7 million in dividends in the quarter". Childrens Place earned a media sentiment score of 0.42 on Alpha One's scale. Childrens Place's dividend payout ratio (DPR) is 17.98%.

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03/09/2017 - The Children's Place Retail Stores, Inc. had its "neutral" rating reiterated by analysts at Citigroup. This is based on the research brokerage reports taken into consideration by Thomson Reuters. FBR & Co reiterated a "buy" rating on shares of Childrens Place in a report on Tuesday, April 18th. They now have a United States dollars 122 price target on the stock. Finally, Wolfe Research upped their price target on Childrens Place from $120.00 to $144.00 and gave the stock an "outperform" rating in a research report on Thursday, March 9th. Buckingham Research assumed coverage on shares of Childrens Place in a report on Wednesday, February 22nd. It indicates oversold and overbought price levels for a stock. The Company designs, contracts to manufacture, sells at retail and wholesale, and licenses to sell fashionable, high-quality merchandise at value prices, primarily under the proprietary "The Children's Place", "Place" and "Baby Place" brand names. The company presently has a consensus rating of "Buy" and an average target price of $114.27.

In other news, insider Bradley P. Cost sold 7,304 shares of the company's stock in a transaction that occurred on Friday, March 24th. Following the completion of the transaction, the insider now owns 40,149 shares of the company's stock, valued at approximately $4,756,853.52.

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