Children’s Place, Inc. (The) (NASDAQ:PLCE) has been assigned a consensus recommendation of “Buy” from the fourteen ratings firms that are presently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $131.67.

PLCE has been the subject of a number of recent analyst reports. ValuEngine cut shares of Children’s Place from a “buy” rating to a “hold” rating in a research report on Wednesday, November 22nd. BidaskClub cut shares of Children’s Place from a “buy” rating to a “hold” rating in a research report on Wednesday, August 16th. FBR & Co restated a “buy” rating and issued a $127.00 price objective on shares of Children’s Place in a research report on Monday, October 2nd. BMO Capital Markets reiterated a “hold” rating and set a $112.00 target price on shares of Children’s Place in a report on Thursday, November 2nd. Finally, B. Riley set a $130.00 target price on Children’s Place and gave the stock a “buy” rating in a report on Wednesday, November 15th.

Hedge funds have recently added to or reduced their stakes in the business. Alps Advisors Inc. boosted its stake in shares of Children’s Place by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 4,086 shares of the company’s stock worth $417,000 after buying an additional 11 shares during the last quarter. Renaissance Group LLC boosted its stake in shares of Children’s Place by 0.4% during the 2nd quarter. Renaissance Group LLC now owns 3,302 shares of the company’s stock worth $337,000 after buying an additional 12 shares during the last quarter. Hanseatic Management Services Inc. boosted its stake in shares of Children’s Place by 0.7% during the 2nd quarter. Hanseatic Management Services Inc. now owns 2,085 shares of the company’s stock worth $213,000 after buying an additional 14 shares during the last quarter. Zacks Investment Management boosted its stake in shares of Children’s Place by 2.0% during the 2nd quarter. Zacks Investment Management now owns 2,429 shares of the company’s stock worth $248,000 after buying an additional 48 shares during the last quarter. Finally, Navellier & Associates Inc boosted its stake in shares of Children’s Place by 1.9% during the 2nd quarter. Navellier & Associates Inc now owns 3,399 shares of the company’s stock worth $347,000 after buying an additional 65 shares during the last quarter.

Children’s Place (NASDAQ PLCE) opened at $135.00 on Thursday. The firm has a market capitalization of $2,329.26, a price-to-earnings ratio of 18.42, a PEG ratio of 1.97 and a beta of 0.33. Children’s Place has a 12 month low of $92.95 and a 12 month high of $139.95.

Children’s Place (NASDAQ:PLCE) last released its quarterly earnings data on Wednesday, November 15th. The company reported $2.58 EPS for the quarter, beating the Zacks’ consensus estimate of $2.46 by $0.12. Children’s Place had a net margin of 7.07% and a return on equity of 26.58%. 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 company earned $2.29 EPS. The firm’s quarterly revenue was up 3.4% on a year-over-year basis. equities research analysts anticipate that Children’s Place will post 7.54 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 3rd. Shareholders of record on Wednesday, December 13th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend is Tuesday, December 12th. Children’s Place’s dividend payout ratio (DPR) is presently 22.66%.

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Children’s Place 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 (NASDAQ:PLCE)

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