Childrens Place (NASDAQ:PLCE) announced its earnings results on Wednesday. The company reported $3.03 EPS for the quarter, beating the consensus estimate of $3.02 by $0.01, Briefing.com reports. The business had revenue of $524.80 million during the quarter, compared to the consensus estimate of $534.09 million. Childrens Place had a return on equity of 26.84% and a net margin of 3.23%. Childrens Place’s revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the business posted $3.07 earnings per share. Childrens Place updated its Q4 guidance to $1.48-1.68 EPS and its FY 2019
Pre-Market guidance to $5.00-5.20 EPS.
Shares of PLCE stock opened at $58.83 on Friday. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.78 and a quick ratio of 0.20. Childrens Place has a fifty-two week low of $53.62 and a fifty-two week high of $116.84. The stock’s 50-day moving average is $75.96 and its two-hundred day moving average is $85.02. The firm has a market cap of $845.66 million, a P/E ratio of 8.72, a PEG ratio of 1.33 and a beta of 0.72.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Monday, December 16th will be paid a $0.56 dividend. This represents a $2.24 annualized dividend and a yield of 3.81%. The ex-dividend date is Friday, December 13th. Childrens Place’s dividend payout ratio is currently 33.19%.
About Childrens Place
The Children's Place, Inc operates as a children's specialty apparel retailer. The company operates through two segments, The Children's Place U.S. and The Children's Place International. It sells apparel, footwear, accessories, and other items for children; and designs, contracts to manufacture, and sells merchandise under the proprietary The Children's Place, Place, and Baby Place brand names.
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