Favorable Media Coverage Somewhat Unlikely to Affect Children’s Place, Inc. (The) (PLCE) Stock Price

Press coverage about Children’s Place, Inc. (The) (NASDAQ:PLCE) has been trending positive recently, according to Accern. The research group rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Children’s Place, Inc. (The) earned a daily sentiment score of 0.40 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.3584697449749 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Shares of Children’s Place, Inc. (NASDAQ:PLCE) traded down 2.10% on Wednesday, hitting $107.25. 99,827 shares of the stock traded hands. Children’s Place, Inc. has a 52 week low of $70.90 and a 52 week high of $125.30. The stock has a 50-day moving average price of $110.89 and a 200 day moving average price of $109.39. The firm has a market cap of $1.89 billion, a P/E ratio of 15.50 and a beta of 0.32.

Children’s Place, Inc. (The) (NASDAQ:PLCE) last posted its quarterly earnings data on Wednesday, August 9th. The company reported $0.86 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.75 by $0.11. The firm had revenue of $373.60 million for the quarter, compared to analysts’ expectations of $376.53 million. Children’s Place, Inc. (The) had a net margin of 7.14% and a return on equity of 26.01%. The business’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter last year, the company posted ($0.01) EPS. Equities research analysts predict that Children’s Place, Inc. will post $7.35 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 3rd. Stockholders of record on Tuesday, September 12th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.46%. The ex-dividend date was Monday, September 11th. Children’s Place, Inc. (The)’s dividend payout ratio (DPR) is currently 22.92%.

PLCE has been the subject of several research analyst reports. BidaskClub upgraded shares of Children’s Place, Inc. (The) from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. Telsey Advisory Group upgraded shares of Children’s Place, Inc. (The) from a “market perform” rating to an “outperform” rating and set a $135.00 price objective for the company in a research report on Monday, June 26th. FBR & Co restated a “buy” rating and set a $127.00 price objective on shares of Children’s Place, Inc. (The) in a research report on Monday, October 2nd. BMO Capital Markets set a $112.00 price objective on shares of Children’s Place, Inc. (The) and gave the company a “hold” rating in a research report on Sunday, September 10th. Finally, Bank of America Corporation set a $140.00 price objective on shares of Children’s Place, Inc. (The) and gave the company a “buy” rating in a research report on Tuesday, June 13th. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $128.36.

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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.

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