Childrens Place Inc (NASDAQ:PLCE) – Investment analysts at B. Riley boosted their FY2020 earnings estimates for shares of Childrens Place in a research report issued to clients and investors on Thursday, May 16th. B. Riley analyst S. Anderson now expects that the company will post earnings of $6.23 per share for the year, up from their prior estimate of $5.67. B. Riley currently has a “Buy” rating and a $122.00 target price on the stock.

Other equities analysts also recently issued reports about the stock. Bank of America reiterated a “neutral” rating and set a $105.00 price target (up from $95.00) on shares of Childrens Place in a report on Friday, April 5th. ValuEngine upgraded shares of Childrens Place from a “sell” rating to a “hold” rating in a research note on Saturday, March 30th. Citigroup upped their target price on shares of Childrens Place from $90.00 to $106.00 and gave the stock a “neutral” rating in a research note on Thursday, May 16th. BidaskClub upgraded shares of Childrens Place from a “sell” rating to a “hold” rating in a research note on Tuesday, April 9th. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $126.00 target price (up from $100.00) on shares of Childrens Place in a research note on Monday, May 13th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Childrens Place currently has an average rating of “Buy” and a consensus price target of $124.67.

Shares of NASDAQ:PLCE opened at $108.45 on Monday. The stock has a market cap of $1.68 billion, a P/E ratio of 16.07, a PEG ratio of 2.10 and a beta of 0.69. Childrens Place has a 12 month low of $82.05 and a 12 month high of $160.23. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.40 and a current ratio of 0.79.

Childrens Place (NASDAQ:PLCE) last issued its quarterly earnings results on Wednesday, May 15th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of ($0.53) by $0.89. The company had revenue of $412.40 million for the quarter, compared to the consensus estimate of $399.40 million. Childrens Place had a net margin of 3.86% and a return on equity of 27.26%. The firm’s revenue was down 5.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.87 EPS.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund boosted its stake in shares of Childrens Place by 1.8% during the first quarter. Oregon Public Employees Retirement Fund now owns 6,272 shares of the company’s stock valued at $610,000 after purchasing an additional 113 shares in the last quarter. Eqis Capital Management Inc. lifted its position in Childrens Place by 2.4% during the fourth quarter. Eqis Capital Management Inc. now owns 5,357 shares of the company’s stock valued at $483,000 after acquiring an additional 124 shares during the last quarter. Mason Street Advisors LLC lifted its position in Childrens Place by 3.4% during the first quarter. Mason Street Advisors LLC now owns 5,201 shares of the company’s stock valued at $506,000 after acquiring an additional 172 shares during the last quarter. Rhumbline Advisers lifted its position in Childrens Place by 0.4% during the first quarter. Rhumbline Advisers now owns 47,699 shares of the company’s stock valued at $4,640,000 after acquiring an additional 178 shares during the last quarter. Finally, Sapphire Star Partners LP lifted its position in Childrens Place by 2.6% during the fourth quarter. Sapphire Star Partners LP now owns 7,519 shares of the company’s stock valued at $677,000 after acquiring an additional 193 shares during the last quarter.

In other news, SVP Claudia Lima-Guinehut sold 932 shares of the stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $107.00, for a total transaction of $99,724.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Robert F. Helm sold 227 shares of the stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $110.79, for a total transaction of $25,149.33. The disclosure for this sale can be found here. 3.10% of the stock is owned by corporate insiders.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Tuesday, June 18th will be paid a $0.56 dividend. The ex-dividend date of this dividend is Monday, June 17th. This represents a $2.24 dividend on an annualized basis and a yield of 2.07%. Childrens Place’s dividend payout ratio is currently 33.19%.

About Childrens Place

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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