At the time of writing, Childrens Place Inc [PLCE] stock is trading at $17.02, up 3.91%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PLCE shares have gain 12.20% over the last week, with a monthly amount glided 194.72%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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 $17.02 at the most recent close of the market. An investor can expect a potential return of 20.45% 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 16.56 points at the first support level, and at 16.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.40, and for the 2nd resistance point, it is at 17.77.
Ratios To Look Out For
It is important to note that Childrens Place Inc [NASDAQ:PLCE] has a current ratio of 0.90. Further, the Quick Ratio stands at 0.15, while the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 0.14.
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.
