Brokerages predict that Childrens Place Inc (NASDAQ:PLCE) will post sales of $537.33 million for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Childrens Place’s earnings. The highest sales estimate is $548.01 million and the lowest is $531.43 million. Childrens Place reported sales of $522.50 million in the same quarter last year, which would suggest a positive year over year growth rate of 2.8%. The business is expected to report its next quarterly earnings report on Thursday, December 5th.

On average, analysts expect that Childrens Place will report full year sales of $1.94 billion for the current year, with estimates ranging from $1.92 billion to $1.99 billion. For the next fiscal year, analysts anticipate that the business will report sales of $2.00 billion, with estimates ranging from $1.98 billion to $2.04 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that cover Childrens Place.

Childrens Place (NASDAQ:PLCE) last posted its quarterly earnings data on Wednesday, August 21st. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.17 by $0.02. The firm had revenue of $420.50 million during the quarter, compared to analyst estimates of $428.28 million. Childrens Place had a net margin of 3.60% and a return on equity of 26.03%. Childrens Place’s revenue was down 6.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.70 EPS.

A number of research firms have issued reports on PLCE. DA Davidson set a $135.00 price target on Childrens Place and gave the company a “buy” rating in a research note on Friday, September 13th. Wolfe Research decreased their target price on Childrens Place from $137.00 to $102.00 and set an “outperform” rating for the company in a research note on Thursday, August 22nd. Deutsche Bank raised Childrens Place from a “hold” rating to a “buy” rating and set a $103.00 target price for the company in a research note on Thursday, August 15th. ValuEngine lowered Childrens Place from a “buy” rating to a “hold” rating in a research report on Tuesday, September 17th. Finally, Wedbush set a $130.00 price target on Childrens Place and gave the company a “buy” rating in a research report on Friday, June 21st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $116.00.

Several large investors have recently added to or reduced their stakes in PLCE. Geode Capital Management LLC boosted its position in shares of Childrens Place by 5.9% in the 4th quarter. Geode Capital Management LLC now owns 197,421 shares of the company’s stock valued at $17,784,000 after purchasing an additional 10,995 shares during the period. CIBC World Markets Inc. acquired a new position in shares of Childrens Place in the 1st quarter valued at $282,000. Thompson Siegel & Walmsley LLC boosted its position in shares of Childrens Place by 21.0% in the 1st quarter. Thompson Siegel & Walmsley LLC now owns 22,552 shares of the company’s stock valued at $2,194,000 after purchasing an additional 3,918 shares during the period. State of Wisconsin Investment Board boosted its position in shares of Childrens Place by 41.8% in the 1st quarter. State of Wisconsin Investment Board now owns 106,350 shares of the company’s stock valued at $10,346,000 after purchasing an additional 31,350 shares during the period. Finally, State of Tennessee Treasury Department boosted its position in shares of Childrens Place by 203.7% in the 1st quarter. State of Tennessee Treasury Department now owns 33,753 shares of the company’s stock valued at $3,284,000 after purchasing an additional 22,640 shares during the period.

NASDAQ:PLCE traded down $0.11 on Friday, reaching $71.99. The company’s stock had a trading volume of 77,240 shares, compared to its average volume of 730,369. Childrens Place has a 1-year low of $69.94 and a 1-year high of $160.23. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.20 and a current ratio of 0.77. The firm has a market cap of $1.12 billion, a PE ratio of 10.66, a PEG ratio of 1.63 and a beta of 0.80. The business’s 50-day moving average price is $81.84 and its two-hundred day moving average price is $94.23.

The business also recently declared a quarterly dividend, which was paid on Friday, October 4th. Investors of record on Monday, September 23rd were given a $0.56 dividend. The ex-dividend date of this dividend was Friday, September 20th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 3.11%. Childrens Place’s dividend payout ratio (DPR) is 33.19%.

Childrens Place Company Profile

The Children's Place, Inc operates as a children's specialty apparel retailer. The company operates through two segments, The Children's Place U.S. and The Children's Place International. It sells apparel, footwear, accessories, and other items for children; and designs, contracts to manufacture, and sells merchandise under the proprietary The Children's Place, Place, and Baby Place brand names.

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Earnings History and Estimates for Childrens Place (NASDAQ:PLCE)

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