The Children’s Place Retail Stores Inc. (NASDAQ:PLCE) has been given a consensus recommendation of “Hold” by the eighteen ratings firms that are presently covering the stock. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $82.64.

Several brokerages have recently commented on PLCE. Piper Jaffray Cos. cut shares of The Children’s Place Retail Stores from an “overweight” rating to a “neutral” rating and dropped their target price for the company from $99.00 to $88.00 in a research report on Wednesday, September 21st. Zacks Investment Research cut shares of The Children’s Place Retail Stores from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 20th. FBR & Co dropped their target price on shares of The Children’s Place Retail Stores from $100.00 to $85.00 and set an “outperform” rating for the company in a research report on Thursday, August 18th. Mizuho boosted their target price on shares of The Children’s Place Retail Stores from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, August 17th. Finally, Telsey Advisory Group boosted their target price on shares of The Children’s Place Retail Stores from $83.00 to $93.00 and gave the company a “market perform” rating in a research report on Thursday, August 18th.

In other news, insider Anurup Pruthi sold 601 shares of the company’s stock in a transaction on Monday, September 19th. The shares were sold at an average price of $84.01, for a total value of $50,490.01. Following the sale, the insider now directly owns 13,925 shares of the company’s stock, valued at approximately $1,169,839.25. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO Michael Scarpa sold 15,463 shares of the company’s stock in a transaction on Tuesday, August 23rd. The shares were sold at an average price of $85.49, for a total transaction of $1,321,931.87. Following the completion of the sale, the chief operating officer now directly owns 64,122 shares in the company, valued at $5,481,789.78. The disclosure for this sale can be found here. 1.93% of the stock is currently owned by insiders.

Several large investors have recently bought and sold shares of the stock. Chicago Equity Partners LLC raised its stake in The Children’s Place Retail Stores by 1.0% in the second quarter. Chicago Equity Partners LLC now owns 13,975 shares of the company’s stock worth $1,121,000 after buying an additional 145 shares in the last quarter. Suntrust Banks Inc. raised its stake in The Children’s Place Retail Stores by 5.6% in the second quarter. Suntrust Banks Inc. now owns 3,368 shares of the company’s stock worth $270,000 after buying an additional 179 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. raised its stake in The Children’s Place Retail Stores by 6.7% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 5,325 shares of the company’s stock worth $444,000 after buying an additional 335 shares in the last quarter. Teacher Retirement System of Texas raised its stake in The Children’s Place Retail Stores by 13.8% in the second quarter. Teacher Retirement System of Texas now owns 2,840 shares of the company’s stock worth $228,000 after buying an additional 344 shares in the last quarter. Finally, BlackRock Inc. raised its stake in The Children’s Place Retail Stores by 62.9% in the first quarter. BlackRock Inc. now owns 1,740 shares of the company’s stock worth $145,000 after buying an additional 672 shares in the last quarter.

The Children’s Place Retail Stores (NASDAQ:PLCE) opened at 72.50 on Friday. The company has a 50-day moving average of $79.49 and a 200 day moving average of $78.56. The firm has a market capitalization of $1.33 billion, a price-to-earnings ratio of 17.97 and a beta of 0.10. The Children’s Place Retail Stores has a one year low of $46.74 and a one year high of $90.00.

The Children’s Place Retail Stores (NASDAQ:PLCE) last issued its quarterly earnings data on Wednesday, August 17th. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.23) by $0.22. The business earned $371.40 million during the quarter, compared to analysts’ expectations of $367.51 million. The Children’s Place Retail Stores had a net margin of 4.58% and a return on equity of 17.14%. The business’s revenue was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.33) EPS. On average, analysts anticipate that The Children’s Place Retail Stores will post $4.69 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 6th. Stockholders of record on Friday, September 16th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend was Wednesday, September 14th. The Children’s Place Retail Stores’s dividend payout ratio is currently 20.15%.

The Children’s Place Retail Stores Company Profile

The Children’s Place, Inc (The Children’s Place) is a pure-play children’s specialty apparel retailer in North America. The Company sells apparel, accessories, footwear and other items for children. The Company operates through two segments: The Children’s Place U.S. and The Children’s Place International.

5 Day Chart for NASDAQ:PLCE

Receive News & Stock Ratings for The Children's Place Retail Stores Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Children's Place Retail Stores Inc. and related stocks with our FREE daily email newsletter.