Childrens Place Inc (NASDAQ:PLCE)’s share price fell 9.1% on Monday . The company traded as low as $84.17 and last traded at $85.11, 1,002,583 shares traded hands during mid-day trading. An increase of 35% from the average session volume of 744,737 shares. The stock had previously closed at $93.67.

A number of research firms have weighed in on PLCE. BidaskClub cut Childrens Place from a “hold” rating to a “sell” rating in a research note on Thursday, August 8th. DA Davidson set a $135.00 price target on Childrens Place and gave the company a “buy” rating in a research note on Friday. Bank of America set a $115.00 price target on Childrens Place and gave the company a “hold” rating in a research note on Monday, August 12th. TheStreet cut Childrens Place from a “b-” rating to a “c+” rating in a research note on Friday, May 31st. Finally, Wolfe Research cut their price target on Childrens Place from $137.00 to $102.00 and set an “outperform” rating on the stock in a research note on Thursday, August 22nd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $116.00.

The firm has a fifty day simple moving average of $86.12 and a 200-day simple moving average of $95.76. The company has a market cap of $1.33 billion, a PE ratio of 12.61, a price-to-earnings-growth ratio of 2.08 and a beta of 0.85. The company has a quick ratio of 0.20, a current ratio of 0.77 and a debt-to-equity ratio of 1.37.

Childrens Place (NASDAQ:PLCE) last issued its quarterly earnings data on Wednesday, August 21st. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. The company had revenue of $420.50 million for the quarter, compared to analyst estimates of $428.28 million. Childrens Place had a return on equity of 26.03% and a net margin of 3.60%. The business’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.70 earnings per share. Equities research analysts forecast that Childrens Place Inc will post 5.62 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 4th. Shareholders of record on Monday, September 23rd will be issued a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 2.63%. The ex-dividend date of this dividend is Friday, September 20th. Childrens Place’s payout ratio is 33.19%.

Hedge funds have recently modified their holdings of the business. Captrust Financial Advisors purchased a new position in shares of Childrens Place during the second quarter worth about $32,000. Ladenburg Thalmann Financial Services Inc. grew its holdings in shares of Childrens Place by 229.5% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 570 shares of the company’s stock worth $55,000 after purchasing an additional 397 shares during the last quarter. Anderson Fisher LLC purchased a new position in shares of Childrens Place during the second quarter worth about $80,000. US Bancorp DE grew its holdings in shares of Childrens Place by 128.7% during the second quarter. US Bancorp DE now owns 901 shares of the company’s stock worth $86,000 after purchasing an additional 507 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Childrens Place by 15.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,099 shares of the company’s stock worth $105,000 after purchasing an additional 150 shares during the last quarter.

Childrens Place Company Profile (NASDAQ:PLCE)

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

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