Media coverage about Children’s Place, Inc. (The) (NASDAQ:PLCE) has been trending positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Children’s Place, Inc. (The) earned a coverage optimism score of 0.37 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.0291303109582 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Zacks: Analysts Expect Children’s Place, Inc. (The) (PLCE) Will Post Quarterly Sales of $479.30 Million (americanbankingnews.com)
- Brokerages Expect Children’s Place, Inc. (The) (PLCE) to Announce $2.46 Earnings Per Share (americanbankingnews.com)
- Is The Children's Place (PLCE) a Great Stock for Value Investors? (finance.yahoo.com)
- BMO Capital Markets Analysts Give Children’s Place, Inc. (The) (PLCE) a $112.00 Price Target (americanbankingnews.com)
PLCE has been the topic of several analyst reports. FBR & Co reissued an “outperform” rating and issued a $127.00 price target on shares of Children’s Place, Inc. (The) in a report on Friday, June 9th. BidaskClub lowered shares of Children’s Place, Inc. (The) from a “hold” rating to a “sell” rating in a report on Friday, June 9th. Telsey Advisory Group raised shares of Children’s Place, Inc. (The) from a “market perform” rating to an “outperform” rating and set a $135.00 price target on the stock in a report on Monday, June 26th. Morgan Stanley boosted their price target on shares of Children’s Place, Inc. (The) from $140.00 to $150.00 and gave the company an “overweight” rating in a report on Monday, May 22nd. Finally, BMO Capital Markets set a $112.00 price target on shares of Children’s Place, Inc. (The) and gave the company a “hold” rating in a report on Sunday, September 10th. Five investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $125.00.
Shares of Children’s Place, Inc. (NASDAQ:PLCE) traded up 0.04% during midday trading on Friday, hitting $111.90. 467,240 shares of the stock traded hands. The stock has a 50 day moving average of $107.31 and a 200 day moving average of $109.11. The company has a market capitalization of $1.97 billion, a P/E ratio of 16.00 and a beta of 0.31. Children’s Place, Inc. has a 1-year low of $70.90 and a 1-year high of $125.30.
Children’s Place, Inc. (The) (NASDAQ:PLCE) last issued its quarterly earnings results on Wednesday, August 9th. The company reported $0.86 EPS for the quarter, topping the Zacks’ consensus estimate of $0.75 by $0.11. Children’s Place, Inc. (The) had a return on equity of 26.01% and a net margin of 7.14%. The company had revenue of $373.60 million for the quarter, compared to analysts’ expectations of $376.53 million. During the same quarter last year, the business earned ($0.01) earnings per share. Children’s Place, Inc. (The)’s revenue was up .6% on a year-over-year basis. Equities research analysts predict that Children’s Place, Inc. will post $7.35 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 3rd. Investors of record on Tuesday, September 12th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend is Monday, September 11th. Children’s Place, Inc. (The)’s payout ratio is currently 22.92%.
Children’s Place, Inc. (The) 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.
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