The Children’s Place Inc. (NASDAQ:PLCE) stock went on an upward path that rose over 1.67% on Thursday, amounting to a one-week price increase of more than 5.15%. Over the last 12 months, PLCE stock dropped by -23.36%. The one-year PLCE stock forecast points to a potential upside of 0.08, with the average price target set at $67.60 per share. The average equity rating for PLCE stock is currently 2.60, trading closer to a bullish pattern in the stock market.
The market cap for PLCE stock reached $1.06 billion, with 15.11 million shares outstanding and 14.37 million shares in the current float. Compared to the average trading volume of 937.13K shares, PLCE reached a trading volume of 395890 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $64.33 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 2.60. 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.
Odeon have made an estimate for The Children’s Place Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 24, 2020. While these analysts kept the previous recommendation, Telsey Advisory Group raised their target price from $105 to $70. The new note on the price target was released on December 12, 2019, representing the official price target for The Children’s Place Inc. stock. Previously, the target price had yet another drop from $130 to $60, while Wedbush kept a Neutral rating on PLCE stock.
The Average True Range (ATR) for The Children’s Place Inc. is set at 2.24, with the Price to Sales ratio for PLCE stock in the period of the last 12 months amounting to 0.56. The Price to Book ratio for the last quarter was 4.25. Price to Free Cash Flow for PLCE in the course of the last twelve months was 16.38 with Quick ratio for the last quarter at 0.20.
PLCE Stock Performance Analysis:
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 5.15. With this latest performance, PLCE shares gained by 4.65% in over the last four-week period, additionally sinking by -8.46% over the last 6 months – not to mention a drop of -23.36% 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 69.20, with the RSI for the last a single of trading hit 71.07, and the three-weeks RSI is set at 58.24 for The Children’s Place Inc. (PLCE). The present Moving Average for the last 50 days of trading for this stock 64.22, while it was recorded at 67.60 for the last single week of trading, and 82.32 for the last 200 days.
Insight into The Children’s Place Inc. 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 +6.00 and a Gross Margin at +31.71. The Children’s Place Inc.’s Net Margin is presently recorded at +5.21.
Return on Total Capital for PLCE is now 27.09, given the latest momentum, and Return on Invested Capital for the company is 25.62. Return on Equity for this stock inclined to 25.62, with Return on Assets sitting at 12.11. 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 15.54. Additionally, PLCE Total Debt to Total Capital is recorded at 13.45, with Total Debt to Total Assets ending up at 6.72.
Reflecting on the efficiency of the workforce at the company, The Children’s Place Inc. (PLCE) managed to generate an average of $5,399 per employee. Receivables Turnover for the company is 63.32 with a Total Asset Turnover recorded at a value of 2.32. 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.
PLCE Stock EPS
With the latest financial reports released by the company, The Children’s Place Inc. posted 1.1/share EPS, while the average EPS was predicted by analysts to be reported at 2.1/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -47.60%. 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 2.90%.
The Children’s Place Inc. (PLCE) Insider Position Details
There are presently around $1,527 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 2,290,348, which is approximately 0.086% of the company’s market cap and around 3.50% of the total institutional ownership; FMR LLC, holding 2,129,082 shares of the stock with an approximate value of $146.22 million in PLCE stocks shares; and VANGUARD GROUP INC, currently with $108.29 million in PLCE stock with ownership of nearly -4.373% of the company’s market capitalization.
Positions in The Children’s Place Inc. stocks held by institutional investors increased at the end of December and at the time of the December reporting period, where 104 institutional holders increased their position in The Children’s Place Inc. (NASDAQ:PLCE) by around 3,076,055 shares. Additionally, 118 investors decreased positions by around 3,384,757 shares, while 27 investors held positions by with 15,770,306 shares. The mentioned changes placed institutional holdings at 22,231,118 shares, according to the latest SEC report filing. PLCE stock had 28 new institutional investments in for a total of 1,037,061 shares, while 45 institutional investors sold positions of 1,342,147 shares during the same period.