Childrens Place (NASDAQ:PLCE) issued an update on its fourth quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $2.07-2.17 for the period, compared to the Thomson Reuters consensus estimate of $2.64. The company issued revenue guidance of $547-552 million, compared to the consensus revenue estimate of $567.05 million.Childrens Place also updated its FY 2018 guidance to $7.69-7.79 EPS.

A number of research firms have weighed in on PLCE. ValuEngine upgraded Childrens Place from a hold rating to a buy rating in a report on Tuesday, October 23rd. Citigroup upped their price target on Childrens Place from $154.00 to $167.00 and gave the stock a buy rating in a report on Monday. BidaskClub upgraded Childrens Place from a hold rating to a buy rating in a report on Wednesday, August 22nd. B. Riley restated a buy rating on shares of Childrens Place in a report on Wednesday, November 14th. Finally, Bank of America upgraded Childrens Place from an underperform rating to a neutral rating in a report on Tuesday, October 2nd. They noted that the move was a valuation call. Five research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Childrens Place currently has a consensus rating of Buy and an average target price of $150.70.

Childrens Place stock opened at $111.19 on Thursday. The company has a market cap of $2.02 billion, a PE ratio of 15.57, a price-to-earnings-growth ratio of 1.85 and a beta of 0.17. Childrens Place has a 52 week low of $112.55 and a 52 week high of $161.65.

Childrens Place (NASDAQ:PLCE) last released its earnings results on Thursday, December 6th. The company reported $3.07 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $3.07. The company had revenue of $522.50 million during the quarter, compared to analysts’ expectations of $511.19 million. Childrens Place had a return on equity of 33.17% and a net margin of 3.76%. The business’s revenue was up 6.6% on a year-over-year basis. During the same period in the prior year, the business posted $2.58 EPS. As a group, sell-side analysts anticipate that Childrens Place will post 8.34 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 28th. Stockholders of record on Monday, December 17th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.80%. Childrens Place’s dividend payout ratio (DPR) is currently 25.28%.

TRADEMARK VIOLATION NOTICE: “Childrens Place (PLCE) Releases Q4 Earnings Guidance” was first posted by Watch List News and is owned by of Watch List News. If you are accessing this article on another publication, it was illegally stolen and republished in violation of US & international trademark & copyright law. The legal version of this article can be read at

Childrens Place Company Profile

The Children's Place, Inc operates as a children's specialty apparel retailer. The company operates in two segments, The Children's Place U.S. and The Children's Place International. It sells apparel, accessories, footwear, 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.

Further Reading: Stock Symbol

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

Receive News & Ratings for Childrens Place Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Childrens Place and related companies with's FREE daily email newsletter.