Press coverage about Childrens Place (NASDAQ:PLCE) has been trending positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Childrens Place earned a coverage optimism score of 0.34 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.4356365267627 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Childrens Place (PLCE) Now Covered by SunTrust Banks (americanbankingnews.com)
- BMO Capital Markets Analysts Give Childrens Place (PLCE) a $130.00 Price Target (americanbankingnews.com)
- Childrens Place Inc (PLCE) Expected to Post Quarterly Sales of $542.00 Million (americanbankingnews.com)
- Zacks: Brokerages Expect Childrens Place Inc (PLCE) to Post $2.15 Earnings Per Share (americanbankingnews.com)
Several analysts have weighed in on PLCE shares. ValuEngine cut shares of Childrens Place from a “buy” rating to a “hold” rating in a research note on Wednesday, November 22nd. SunTrust Banks started coverage on shares of Childrens Place in a research note on Thursday. They set a “hold” rating and a $150.00 price objective on the stock. FBR & Co reaffirmed a “buy” rating and set a $127.00 price objective on shares of Childrens Place in a research note on Monday, October 2nd. BMO Capital Markets reaffirmed a “hold” rating and set a $112.00 price objective on shares of Childrens Place in a research note on Thursday, November 2nd. Finally, B. Riley set a $130.00 price objective on shares of Childrens Place and gave the stock a “buy” rating in a research note on Wednesday, November 15th. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. Childrens Place has a consensus rating of “Buy” and an average price target of $133.77.
Childrens Place (NASDAQ:PLCE) last released its quarterly earnings results on Wednesday, November 15th. The company reported $2.58 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.46 by $0.12. Childrens Place had a net margin of 7.07% and a return on equity of 26.58%. The business had revenue of $490.00 million for the quarter, compared to analysts’ expectations of $480.28 million. During the same period in the prior year, the firm earned $2.29 earnings per share. Childrens Place’s revenue was up 3.4% compared to the same quarter last year. equities analysts anticipate that Childrens Place will post 7.54 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 3rd. Investors of record on Wednesday, December 13th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Tuesday, December 12th. This represents a $1.60 annualized dividend and a yield of 1.16%. Childrens Place’s dividend payout ratio is currently 22.66%.
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Childrens Place Company Profile
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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