Equities research analysts expect that Children’s Place, Inc. (The) (NASDAQ:PLCE) will announce earnings per share (EPS) of $2.46 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Children’s Place, Inc. (The)’s earnings, with estimates ranging from $2.43 to $2.51. Children’s Place, Inc. (The) posted earnings of $2.29 per share during the same quarter last year, which suggests a positive year over year growth rate of 7.4%. The firm is expected to announce its next earnings results on Thursday, November 16th.

According to Zacks, analysts expect that Children’s Place, Inc. (The) will report full year earnings of $7.39 per share for the current financial year, with EPS estimates ranging from $7.27 to $7.52. For the next financial year, analysts expect that the business will report earnings of $8.01 per share, with EPS estimates ranging from $7.48 to $8.29. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Children’s Place, Inc. (The).

Children’s Place, Inc. (The) (NASDAQ:PLCE) last posted 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 period in the previous year, the firm earned ($0.01) EPS. The firm’s revenue was up .6% compared to the same quarter last year.

A number of brokerages have recently issued reports on PLCE. BidaskClub raised Children’s Place, Inc. (The) from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, August 9th. BMO Capital Markets set a $112.00 price target on Children’s Place, Inc. (The) and gave the stock a “hold” rating in a research report on Tuesday, August 8th. Bank of America Corporation set a $140.00 price objective on Children’s Place, Inc. (The) and gave the company a “buy” rating in a research note on Tuesday, June 13th. FBR & Co reissued a “buy” rating and issued a $127.00 price objective on shares of Children’s Place, Inc. (The) in a research note on Monday. Finally, Telsey Advisory Group upgraded Children’s Place, Inc. (The) from a “market perform” rating to an “outperform” rating and set a $135.00 price objective on the stock in a report on Monday, June 26th. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Children’s Place, Inc. (The) has an average rating of “Buy” and a consensus target price of $128.36.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Strs Ohio lifted its position in shares of Children’s Place, Inc. (The) by 150.0% during the 1st quarter. Strs Ohio now owns 1,000 shares of the company’s stock worth $120,000 after purchasing an additional 600 shares during the last quarter. Riverhead Capital Management LLC grew its stake in shares of Children’s Place, Inc. (The) by 80.7% during the second quarter. Riverhead Capital Management LLC now owns 1,265 shares of the company’s stock worth $129,000 after purchasing an additional 565 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in shares of Children’s Place, Inc. (The) during the second quarter worth $182,000. Ameritas Investment Partners Inc. acquired a new position in shares of Children’s Place, Inc. (The) during the first quarter worth $194,000. Finally, Flinton Capital Management LLC grew its stake in shares of 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 worth $194,000 after purchasing an additional 784 shares in the last quarter.

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Shares of Children’s Place, Inc. (NASDAQ PLCE) traded down 0.47% on Tuesday, hitting $117.45. The stock had a trading volume of 325,171 shares. The firm has a market cap of $2.07 billion, a P/E ratio of 16.80 and a beta of 0.32. Children’s Place, Inc. has a 12 month low of $70.90 and a 12 month high of $125.30. The firm’s 50-day moving average price is $108.62 and its 200 day moving average price is $109.52.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 3rd. Shareholders of record on Tuesday, September 12th will be issued a dividend of $0.40 per share. The ex-dividend date is Monday, September 11th. This represents a $1.60 annualized dividend and a yield of 1.36%. Children’s Place, Inc. (The)’s dividend payout ratio (DPR) is 22.92%.

About Children’s Place, Inc. (The)

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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Earnings History and Estimates for Children`s Place, Inc. (The) (NASDAQ:PLCE)

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