Childrens Place (PLCE) Issues FY18 Earnings Guidance

Childrens Place (NASDAQ:PLCE) updated its FY18 earnings guidance on Monday. The company provided EPS guidance of $7.83-7.88 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.53. Childrens Place also updated its Q4 guidance to $2.45-2.50 EPS.

Several research firms have recently weighed in on PLCE. B. Riley restated a buy rating on shares of Childrens Place in a research report on Wednesday, November 1st. ValuEngine cut shares of Childrens Place from a buy rating to a hold rating in a research report on Wednesday, November 22nd. Telsey Advisory Group raised their price objective on shares of Childrens Place from $135.00 to $140.00 and gave the company an outperform rating in a research report on Thursday, November 16th. SunTrust Banks began coverage on shares of Childrens Place in a research report on Thursday, December 21st. They set a hold rating and a $150.00 price objective on the stock. Finally, BMO Capital Markets set a $130.00 price objective on shares of Childrens Place and gave the company a hold rating in a research report on Tuesday, December 19th. Five equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. Childrens Place has an average rating of Buy and an average target price of $137.17.

Shares of Childrens Place (NASDAQ:PLCE) traded down $4.85 during trading hours on Monday, reaching $143.60. 153,692 shares of the company were exchanged, compared to its average volume of 452,973. The stock has a market cap of $2,500.00, a PE ratio of 20.37, a PEG ratio of 2.19 and a beta of 0.31. Childrens Place has a one year low of $92.95 and a one year high of $153.40.

Childrens Place (NASDAQ:PLCE) last issued its earnings results on Wednesday, November 15th. The company reported $2.58 EPS for the quarter, topping analysts’ consensus estimates of $2.46 by $0.12. The company had revenue of $490.00 million for the quarter, compared to analysts’ expectations of $480.28 million. Childrens Place had a net margin of 7.07% and a return on equity of 26.58%. The firm’s revenue was up 3.4% compared to the same quarter last year. During the same quarter last year, the company earned $2.29 EPS. equities research analysts anticipate that Childrens Place will post 7.54 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 3rd. Shareholders of record on Wednesday, December 13th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date of this dividend was Tuesday, December 12th. Childrens Place’s dividend payout ratio (DPR) is presently 22.70%.

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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.

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

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