At the time of writing, Childrens Place Inc [PLCE] stock is trading at $17.58, up 15.89%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PLCE shares have gain 43.98% over the last week, with a monthly amount glided 182.64%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Childrens Place Inc [NASDAQ: PLCE] stock has seen the most recent analyst activity on May 07, 2024, when Telsey Advisory Group reiterated its Market Perform rating and also revised its price target to $9 from $13. Previously, B. Riley Securities upgraded its rating to Neutral on April 24, 2024, and dropped its price target to $7. On February 13, 2024, downgrade downgraded it’s rating to Sell and revised its price target to $4 on the stock. Monness Crespi & Hardt downgraded its rating to a Neutral. B. Riley Securities downgraded its rating to a Neutral and reduced its price target to $19 on November 20, 2023. Monness Crespi & Hardt reiterated a Buy rating for this stock on November 17, 2023, and downed its price target to $30. In a note dated August 18, 2023, Monness Crespi & Hardt reiterated an Buy rating on this stock and boosted its target price from $30 to $36.
For the past year, the stock price of Childrens Place Inc fluctuated between $4.77 and $38.03. Currently, Wall Street analysts expect the stock to reach $20.5 within the next 12 months. Childrens Place Inc [NASDAQ: PLCE] shares were valued at $17.58 at the most recent close of the market. An investor can expect a potential return of 16.61% based on the average PLCE price forecast.
Analyzing the PLCE fundamentals
According to Childrens Place Inc [NASDAQ:PLCE], the company’s sales were 1.52B for trailing twelve months, which represents an -7.51% plunge. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.07%, and Net Profit Margin reading is -0.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.17, Equity is -120.27 and Total Capital is -0.29. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-9.59.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.80 points at the first support level, and at 14.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.55, and for the 2nd resistance point, it is at 19.53.
Ratios To Look Out For
It is important to note that Childrens Place Inc [NASDAQ:PLCE] has a current ratio of 0.90. As well, the Quick Ratio is 0.15, while the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 0.15.
Transactions by insiders
Recent insider trading involved Markee Maegan, Former Officer, that happened on Sep 11 ’24 when 4000.0 shares were purchased. Former Officer, Markee Maegan completed a deal on Aug 15 ’24 to buy 8000.0 shares. Meanwhile, Former Officer Markee Maegan bought 10000.0 shares on Aug 08 ’24.
