Children’s Place (PLCE) to Release Quarterly Earnings on Thursday

Children’s Place (NASDAQ:PLCEGet Free Report) will issue its quarterly earnings data on Thursday, April 4th.

Children’s Place Trading Down 4.9 %

NASDAQ PLCE opened at $10.29 on Wednesday. The stock has a market cap of $128.42 million, a P/E ratio of -1.66 and a beta of 1.98. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.19 and a current ratio of 0.85. The stock has a 50 day simple moving average of $17.75 and a two-hundred day simple moving average of $21.82. Children’s Place has a fifty-two week low of $8.30 and a fifty-two week high of $41.91.

Analysts Set New Price Targets

A number of analysts have commented on the company. Telsey Advisory Group cut their price objective on Children’s Place from $24.00 to $13.00 and set a “market perform” rating for the company in a report on Monday, February 12th. Monness Crespi & Hardt downgraded Children’s Place from a “buy” rating to a “neutral” rating in a research report on Friday, February 9th. B. Riley downgraded Children’s Place from a “neutral” rating to a “sell” rating and lowered their price objective for the company from $19.00 to $4.00 in a research report on Tuesday, February 13th. Finally, StockNews.com downgraded Children’s Place from a “hold” rating to a “sell” rating in a research report on Tuesday, February 20th.

Read Our Latest Stock Analysis on Children’s Place

Insiders Place Their Bets

In related news, major shareholder Mithaq Capital Spc purchased 1,566,475 shares of the business’s stock in a transaction on Monday, February 12th. The shares were bought at an average cost of $15.80 per share, with a total value of $24,750,305.00. Following the transaction, the insider now owns 4,663,743 shares of the company’s stock, valued at $73,687,139.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 4.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. GSA Capital Partners LLP acquired a new stake in Children’s Place in the 4th quarter valued at approximately $1,469,000. Meros Investment Management LP grew its stake in shares of Children’s Place by 10.5% in the fourth quarter. Meros Investment Management LP now owns 149,199 shares of the company’s stock worth $3,464,000 after acquiring an additional 14,207 shares in the last quarter. Legal & General Group Plc grew its stake in shares of Children’s Place by 47.7% in the fourth quarter. Legal & General Group Plc now owns 14,319 shares of the company’s stock worth $332,000 after acquiring an additional 4,626 shares in the last quarter. Numerai GP LLC acquired a new position in shares of Children’s Place in the fourth quarter worth $303,000. Finally, Nuveen Asset Management LLC grew its stake in shares of Children’s Place by 91.1% in the fourth quarter. Nuveen Asset Management LLC now owns 62,331 shares of the company’s stock worth $1,447,000 after acquiring an additional 29,718 shares in the last quarter.

About Children’s Place

(Get Free Report)

The Children's Place, Inc operates as a children's specialty apparel retailer in North America. It operates through two segments, The Children's Place U.S. and The Children's Place International. The company offers apparel, footwear, accessories, and other items for children and tweens; and designs, contracts to manufacture, and sells merchandise under the proprietary The Children's Place, Place, Baby Place, Gymboree, Sugar & Jade, and PJ Place brand names.

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Earnings History for Children's Place (NASDAQ:PLCE)

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