Childrens Place Inc (NASDAQ:PLCE) – Equities researchers at Oppenheimer raised their Q1 2019 EPS estimates for Childrens Place in a research note issued on Wednesday. Oppenheimer analyst A. Andreeva now forecasts that the company will post earnings of $2.96 per share for the quarter, up from their prior estimate of $2.63. Oppenheimer also issued estimates for Childrens Place’s Q2 2019 earnings at $0.35 EPS, Q4 2019 earnings at $2.68 EPS and FY2019 earnings at $8.92 EPS.

Other equities analysts have also issued research reports about the stock. Buckingham Research boosted their target price on shares of Childrens Place from $139.00 to $144.00 and gave the company a “buy” rating in a report on Thursday, November 16th. B. Riley restated a “buy” rating on shares of Childrens Place in a report on Wednesday, November 1st. FBR & Co reaffirmed a “buy” rating and issued a $127.00 price target on shares of Childrens Place in a research note on Monday, October 2nd. ValuEngine raised shares of Childrens Place from a “hold” rating to a “buy” rating in a research note on Wednesday, November 15th. Finally, Chardan Capital reaffirmed a “buy” rating and issued a $156.00 price target (up from $130.00) on shares of Childrens Place in a research note on Wednesday, January 10th. Five equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $139.15.

Childrens Place (NASDAQ:PLCE) traded up $0.95 during mid-day trading on Monday, reaching $158.35. 380,900 shares of the company traded hands, compared to its average volume of 601,433. The firm has a market capitalization of $2,750.00, a price-to-earnings ratio of 22.46, a price-to-earnings-growth ratio of 2.24 and a beta of 0.31. Childrens Place has a 1-year low of $92.95 and a 1-year high of $161.05.

Childrens Place (NASDAQ:PLCE) last released its earnings results on Wednesday, November 15th. The company reported $2.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.46 by $0.12. The business had revenue of $490.00 million for the quarter, compared to analyst estimates of $480.28 million. Childrens Place had a net margin of 7.07% and a return on equity of 26.58%. Childrens Place’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.29 earnings per share.

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 3rd. Shareholders of record on Wednesday, December 13th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.01%. The ex-dividend date of this dividend was Tuesday, December 12th. Childrens Place’s dividend payout ratio (DPR) is currently 22.70%.

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Childrens Place by 1.3% during the second quarter. Vanguard Group Inc. now owns 2,425,654 shares of the company’s stock worth $247,660,000 after acquiring an additional 32,057 shares in the last quarter. Royce & Associates LP increased its position in shares of Childrens Place by 2.4% during the third quarter. Royce & Associates LP now owns 1,151,963 shares of the company’s stock worth $136,104,000 after acquiring an additional 27,431 shares in the last quarter. FMR LLC increased its position in shares of Childrens Place by 7,303.5% during the second quarter. FMR LLC now owns 741,169 shares of the company’s stock worth $75,674,000 after acquiring an additional 731,158 shares in the last quarter. Voya Investment Management LLC increased its position in shares of Childrens Place by 39.9% during the second quarter. Voya Investment Management LLC now owns 551,468 shares of the company’s stock worth $56,305,000 after acquiring an additional 157,333 shares in the last quarter. Finally, State Street Corp increased its position in shares of Childrens Place by 3.9% during the second quarter. State Street Corp now owns 514,897 shares of the company’s stock worth $52,568,000 after acquiring an additional 19,326 shares in the last quarter.

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Childrens 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.

Earnings History and Estimates for Childrens Place (NASDAQ:PLCE)

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