The Children’s Place Inc. [NASDAQ: PLCE] closed the trading session at $29.70 on 10/01/20. The day’s price range saw the stock hit a low of $28.53, while the highest price level was $30.55.
The stocks have a year to date performance of -52.50 percent and weekly performance of 10.37 percent. The stock has been moved at 84.93 percent over the last six months. The stock has performed 49.55 percent around the most recent 30 days and changed -18.54 percent over the most recent 3-months.
If compared to the average trading volume of 1.38M shares, PLCE reached to a volume of 1309950 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about The Children’s Place Inc. [PLCE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PLCE shares is $24.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PLCE stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Telsey Advisory Group have made an estimate for The Children’s Place Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on August 26, 2020. While these analysts kept the previous recommendation, Monness Crespi & Hardt dropped their target price from $55 to $35. The new note on the price target was released on August 26, 2020, representing the official price target for The Children’s Place Inc. stock. Previously, the target price had yet another raise to $26, while UBS analysts kept a Neutral rating on PLCE stock. On May 19, 2020, analysts increased their price target for PLCE shares from 38 to 45.
The Average True Range (ATR) for The Children’s Place Inc. is set at 2.12, with the Price to Sales ratio for PLCE stock in the period of the last 12 months amounting to 0.26. The Price to Book ratio for the last quarter was 7.07, with the Price to Cash per share for the same quarter was set at 2.52. Price to Free Cash Flow for PLCE in the course of the last twelve months was 96.73 with Quick ratio for the last quarter at 0.10.
PLCE stock trade performance evaluation
The Children’s Place Inc. [PLCE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.37. With this latest performance, PLCE shares gained by 49.55% in over the last four-week period, additionally plugging by 84.93% over the last 6 months – not to mention a drop of -59.45% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PLCE stock in for the last two-week period is set at 59.72, with the RSI for the last a single of trading hit 62.01, and the three-weeks RSI is set at 55.83 for The Children’s Place Inc. [PLCE]. The present Moving Average for the last 50 days of trading for this stock 25.66, while it was recorded at 28.32 for the last single week of trading, and 39.20 for the last 200 days.
The Children’s Place Inc. [PLCE]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and The Children’s Place Inc. [PLCE] shares currently have an operating margin of +5.47 and a Gross Margin at +31.03. The Children’s Place Inc.’s Net Margin is presently recorded at +3.92.
Return on Total Capital for PLCE is now 17.01, given the latest momentum, and Return on Invested Capital for the company is 17.02. Return on Equity for this stock inclined to 26.67, with Return on Assets sitting at 7.68. When it comes to the capital structure of this company, The Children’s Place Inc. [PLCE] has a Total Debt to Total Equity ratio set at 257.07. Additionally, PLCE Total Debt to Total Capital is recorded at 71.99, with Total Debt to Total Assets ending up at 51.18. Long-Term Debt to Equity for the company is recorded at 132.62, with the Long-Term Debt to Total Capital now at 37.14.
Reflecting on the efficiency of the workforce at the company, The Children’s Place Inc. [PLCE] managed to generate an average of $4,237 per employee. Receivables Turnover for the company is 55.07 with a Total Asset Turnover recorded at a value of 1.96.The Children’s Place Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.10 and a Current Ratio set at 0.60.
Earnings per share (EPS) analysis for The Children’s Place Inc. [PLCE] stock
With the latest financial reports released by the company, The Children’s Place Inc. posted 3.03/share EPS, while the average EPS was predicted by analysts to be reported at 3.02/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PLCE.
The Children’s Place Inc. [PLCE]: Insider Ownership positions
There are presently around $548 million, or 95.00% of PLCE stock, in the hands of institutional investors. The top three institutional holders of PLCE stocks are: BLACKROCK INC. with ownership of 2,293,604, which is approximately 5.239% of the company’s market cap and around 5.70% of the total institutional ownership; VANGUARD GROUP INC, holding 1,501,230 shares of the stock with an approximate value of $44.59 million in PLCE stocks shares; and GREENVALE CAPITAL LLP, currently with $37.21 million in PLCE stock with ownership of nearly -4.234% of the company’s market capitalization.
Positions in The Children’s Place Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 89 institutional holders increased their position in The Children’s Place Inc. [NASDAQ:PLCE] by around 4,094,487 shares. Additionally, 99 investors decreased positions by around 6,043,821 shares, while 10 investors held positions by with 8,322,649 shares. The mentioned changes placed institutional holdings at 18,460,957 shares, according to the latest SEC report filing. PLCE stock had 46 new institutional investments in for a total of 1,320,705 shares, while 34 institutional investors sold positions of 2,202,279 shares during the same period.