The Children’s Place Inc. [NASDAQ: PLCE] surged by $12.39 during the normal trading session on Monday and reaching a high of $78.50 during the day while it closed the day at $90.03. The company report on May 13, 2021 that The Children’s Place to Webcast Review of First Quarter 2021 Financial Results.
The Children’s Place, Inc. (Nasdaq: PLCE) announced that, in conjunction with the release of its first quarter 2021 financial results, you are invited to listen to the Company’s conference call on Thursday, May 20, 2021, beginning at 8:00 a.m. Eastern Time.
To access the webcast, visit http://investor.childrensplace.com. An archive of the webcast can be accessed two hours after the live call has concluded.
The Children’s Place Inc. stock has also gained 15.65% of its value over the past 7 days. However, PLCE stock has inclined by 28.03% in the 3 months of the year. Over the past six months meanwhile, it has gained 202.22% and gained 79.70% year-on date.
The market cap for PLCE stock reached $1.24 billion, with 14.64 million shares outstanding and 13.74 million shares in the current float. Compared to the average trading volume of 437.17K shares, PLCE reached a trading volume of 2498554 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 $71.60 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 3.20. 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.
Wedbush 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 May 17, 2021. The new note on the price target was released on May 17, 2021, representing the official price target for The Children’s Place Inc. stock. Previously, the target price had yet another raise from $80 to $100, while Telsey Advisory Group kept a Outperform rating on PLCE stock.
The Average True Range (ATR) for The Children’s Place Inc. is set at 4.89, with the Price to Sales ratio for PLCE stock in the period of the last 12 months amounting to 0.81. The Price to Book ratio for the last quarter was 14.11, with the Price to Cash per share for the same quarter was set at 4.61.
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 15.65. With this latest performance, PLCE shares gained by 17.17% in over the last four-week period, additionally plugging by 202.22% over the last 6 months – not to mention a rise of 189.11% 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 67.40, with the RSI for the last a single of trading hit 71.86, and the three-weeks RSI is set at 64.35 for The Children’s Place Inc. [PLCE]. The present Moving Average for the last 50 days of trading for this stock 76.41, while it was recorded at 77.91 for the last single week of trading, and 50.65 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 -10.60 and a Gross Margin at +17.53. The Children’s Place Inc.’s Net Margin is presently recorded at -9.22.
Return on Total Capital for PLCE is now -20.60, given the latest momentum, and Return on Invested Capital for the company is -30.19. Return on Equity for this stock declined to -85.44, with Return on Assets sitting at -12.09. 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 678.84. Additionally, PLCE Total Debt to Total Capital is recorded at 87.16, with Total Debt to Total Assets ending up at 55.60. Long-Term Debt to Equity for the company is recorded at 310.05, with the Long-Term Debt to Total Capital now at 39.81.
Reflecting on the efficiency of the workforce at the company, The Children’s Place Inc. [PLCE] managed to generate an average of -$10,554 per employee. Receivables Turnover for the company is 42.09 with a Total Asset Turnover recorded at a value of 1.31.The Children’s Place Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.20 and a Current Ratio set at 0.80.
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 -1.96/share EPS, while the average EPS was predicted by analysts to be reported at -2.26/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 13.30%. 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. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The Children’s Place Inc. go to -7.10%.
The Children’s Place Inc. [PLCE]: Insider Ownership positions
There are presently around $1,355 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 2,328,711, which is approximately 1.672% of the company’s market cap and around 2.70% of the total institutional ownership; INVESCO LTD., holding 1,323,881 shares of the stock with an approximate value of $119.19 million in PLCE stocks shares; and VANGUARD GROUP INC, currently with $110.97 million in PLCE stock with ownership of nearly 2.511% of the company’s market capitalization.
Positions in The Children’s Place Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 93 institutional holders increased their position in The Children’s Place Inc. [NASDAQ:PLCE] by around 1,641,824 shares. Additionally, 102 investors decreased positions by around 3,496,921 shares, while 20 investors held positions by with 9,910,846 shares. The mentioned changes placed institutional holdings at 15,049,591 shares, according to the latest SEC report filing. PLCE stock had 48 new institutional investments in for a total of 796,028 shares, while 35 institutional investors sold positions of 823,932 shares during the same period.