Children’s Place, Inc. (The) (NASDAQ:PLCE) announced its earnings results on Wednesday. The company reported $2.58 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.46 by $0.12, Bloomberg Earnings reports. The company had revenue of $490.00 million during the quarter, compared to the consensus estimate of $480.28 million. Children’s Place, Inc. (The) had a net margin of 7.14% and a return on equity of 26.01%. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.29 earnings per share. Children’s Place, Inc. (The) updated its Q4 guidance to $2.07-2.12 EPS.

Shares of Children’s Place, Inc. (NASDAQ PLCE) traded up $3.25 during trading on Friday, reaching $127.20. 921,059 shares of the company’s stock traded hands, compared to its average volume of 531,500. Children’s Place, Inc. has a twelve month low of $92.95 and a twelve month high of $128.50. The company has a market capitalization of $2,190.00, a price-to-earnings ratio of 16.32, a PEG ratio of 1.71 and a beta of 0.27.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 3rd. Stockholders of record on Wednesday, December 13th will be given a $0.40 dividend. The ex-dividend date is Tuesday, December 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.26%. Children’s Place, Inc. (The)’s dividend payout ratio (DPR) is currently 22.96%.

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PLCE has been the subject of several analyst reports. Buckingham Research increased their target price on shares of Children’s Place, Inc. (The) from $139.00 to $144.00 and gave the company a “buy” rating in a report on Thursday. BidaskClub upgraded shares of Children’s Place, Inc. (The) from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. FBR & Co reiterated 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. ValuEngine upgraded shares of Children’s Place, Inc. (The) from a “hold” rating to a “buy” rating in a report on Wednesday. Finally, B. Riley set a $130.00 price objective on shares of Children’s Place, Inc. (The) and gave the stock a “buy” rating in a report on Wednesday. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $131.67.

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.

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

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