Children’s Place, Inc. (The) (NASDAQ:PLCE) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.

PLCE has been the subject of several other research reports. BidaskClub raised shares of Children’s Place, Inc. (The) from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. BMO Capital Markets set a $112.00 target price on shares of Children’s Place, Inc. (The) and gave the stock a “hold” rating in a report on Sunday, September 10th. B. Riley reissued a “buy” rating on shares of Children’s Place, Inc. (The) in a report on Wednesday, November 1st. Finally, FBR & Co reissued a “buy” rating and issued a $127.00 target price on shares of Children’s Place, Inc. (The) in a report on Monday, October 2nd. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $128.25.

Children’s Place, Inc. (NASDAQ PLCE) traded up $1.00 on Wednesday, reaching $113.90. 727,700 shares of the company traded hands, compared to its average volume of 519,632. Children’s Place, Inc. has a 1-year low of $85.30 and a 1-year high of $125.30. The company has a market capitalization of $1,991.54, a PE ratio of 16.17, a price-to-earnings-growth ratio of 1.70 and a beta of 0.27.

Children’s Place, Inc. (The) (NASDAQ:PLCE) last posted its quarterly earnings data on Wednesday, November 15th. The company reported $2.58 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.46 by $0.12. Children’s Place, Inc. (The) had a net margin of 7.14% and a return on equity of 26.01%. The business had revenue of $490.00 million during the quarter, compared to analysts’ expectations of $480.28 million. During the same quarter in the prior year, the business posted $2.29 earnings per share. Children’s Place, Inc. (The)’s revenue was up 3.4% compared to the same quarter last year. analysts expect that Children’s Place, Inc. will post 7.4 EPS for the current fiscal year.

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Large investors have recently added to or reduced their stakes in the business. Riverhead Capital Management LLC increased its position in Children’s Place, Inc. (The) by 80.7% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,265 shares of the company’s stock valued at $129,000 after purchasing an additional 565 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in Children’s Place, Inc. (The) during the 3rd quarter valued at approximately $171,000. Meeder Asset Management Inc. acquired a new stake in Children’s Place, Inc. (The) during the 2nd quarter valued at approximately $182,000. Flinton Capital Management LLC increased its position in Children’s Place, Inc. (The) by 70.0% during the 2nd 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 during the period. Finally, Advisor Group Inc. increased its position in Children’s Place, Inc. (The) by 169.9% during the 3rd 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 during the period.

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

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