Children’s Place, Inc. (The) (NASDAQ:PLCE) Given Hold Rating at BMO Capital Markets

BMO Capital Markets reaffirmed their hold rating on shares of Children’s Place, Inc. (The) (NASDAQ:PLCE) in a research report report published on Thursday, November 2nd. They currently have a $112.00 price target on the stock.

A number of other brokerages have also recently commented on PLCE. BidaskClub upgraded shares of Children’s Place, Inc. (The) from a hold rating to a buy rating in a research note on Saturday, July 8th. FBR & Co reaffirmed a buy rating and set a $127.00 target price on shares of Children’s Place, Inc. (The) in a report on Monday, October 2nd. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The stock currently has an average rating of Buy and a consensus target price of $128.25.

Shares of Children’s Place, Inc. (NASDAQ PLCE) opened at $113.90 on Thursday. Children’s Place, Inc. has a 52-week low of $85.30 and a 52-week high of $125.30. The company has a market cap of $1,991.54, a PE ratio of 16.17, a PEG ratio of 1.70 and a beta of 0.27.

Children’s Place, Inc. (The) (NASDAQ:PLCE) last released its earnings results on Wednesday, August 9th. The company reported $0.86 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.75 by $0.11. The firm had revenue of $373.60 million for the quarter, compared to analysts’ expectations of $376.53 million. Children’s Place, Inc. (The) had a net margin of 7.14% and a return on equity of 26.01%. The company’s quarterly revenue was up .6% on a year-over-year basis. During the same period in the previous year, the company earned ($0.01) earnings per share. equities analysts anticipate that Children’s Place, Inc. will post 7.4 EPS for the current fiscal year.

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The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 3rd. Investors of record on Wednesday, December 13th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.40%. Children’s Place, Inc. (The)’s payout ratio is 22.92%.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Riverhead Capital Management LLC boosted its holdings in shares of Children’s Place, Inc. (The) by 80.7% in the second quarter. Riverhead Capital Management LLC now owns 1,265 shares of the company’s stock worth $129,000 after buying an additional 565 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new position in Children’s Place, Inc. (The) during the third quarter valued at approximately $171,000. Advisor Group Inc. lifted its holdings in Children’s Place, Inc. (The) by 169.9% during the third quarter. Advisor Group Inc. now owns 1,768 shares of the company’s stock valued at $209,000 after purchasing an additional 1,113 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in Children’s Place, Inc. (The) during the second quarter valued at approximately $182,000. Finally, Flinton Capital Management LLC lifted its holdings in Children’s Place, Inc. (The) by 70.0% during the second quarter. Flinton Capital Management LLC now owns 1,904 shares of the company’s stock valued at $194,000 after purchasing an additional 784 shares in the last quarter.

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.

Analyst Recommendations for Children`s Place, Inc. (The) (NASDAQ:PLCE)

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