By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision.
On 3/8/2017 announced a quarterly dividend of $0.40 1.35% with an ex dividend date of 4/6/2017 which will be payable on 4/10/2017.
A number of research analysts recently issued reports on PLCE shares. Over the last five trading sessions, the stock has moved -8.94%. (NASDAQ:PLCE) stock may see increased volatility following the report.
The Children's Place Retail Stores, Inc. has a 50 day moving average of 114.91 and a 200 day moving average of 104.79. A common metric is a company's P/E Ratio. (NASDAQ:PLCE) shares have been labeled a top pick by Beta Research as it meets the A+ criteria outlined by the firm. The company reported $1.88 EPS for the quarter, beating the Zacks' consensus estimate of $1.59 by $0.29. As of April 29, 2017, the Company operated 1,033 stores in the United States, Canada and Puerto Rico, an online store at www.childrensplace.com, and had 156 worldwide points of distribution open and operated by its 6 franchise partners in 18 countries. The company had revenue of $520.80 million during the quarter, compared to analyst estimates of $522.13 million. During the same quarter past year, the company earned $1.19 EPS.
Revenues rose 4.1% from previous year to $436.7 million, also easily exceeding analysts' view for $422.51 million. Equities analysts forecast that Childrens Place will post $6.66 earnings per share for the current fiscal year.
ValueAct Capital Management trimmed stake in Morgan Stanley (NYSE:MS)
On average, equities research analysts predict that Morgan Stanley will post $3.48 earnings per share for the current fiscal year. Invictus RG acquired a new position in shares of Morgan Stanley during the first quarter valued at approximately $106,000.
On 5/17/2016 announced a quarterly dividend of $0.20 1.13% with an ex dividend date of 6/14/2016 which will be payable on 6/16/2016. "And, we repurchased $33 million in stock and paid $7 million in dividends in the quarter".
ILLEGAL ACTIVITY NOTICE: "Macquarie Group Ltd. Has $717,000 Stake in Childrens Place Inc (PLCE)" was first posted by BBNS and is the sole property of of BBNS. If you are viewing this story on another website, it was stolen and reposted in violation of global trademark & copyright laws. Oppenheimer Holdings Inc. set a $105.00 price objective on shares of Childrens Place and gave the stock a "hold" rating in a report on Wednesday, March 8th. The stock presently has an average rating of "Buy" and a consensus price target of $116.71. BMO Capital Markets reiterated a "hold" rating and issued a $115.00 price objective on shares of Childrens Place in a report on Tuesday, April 18th.
02/22/2017 - Buckingham Research began new coverage on The Children's Place Retail Stores, Inc. giving the company a "buy" rating. Finally, Wolfe Research increased their target price on Childrens Place from $120.00 to $144.00 and gave the stock an "outperform" rating in a research note on Thursday, March 9th. Seven equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. The retailer is expecting earnings per share for the year to range from $7.10 to $7.20. They now have a United States dollars 92 price target on the stock. Company insiders own 1.93% of the company's stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Investors are on alert as The Children's Place, Inc. The Company sells apparel, accessories, footwear and other items for children.
Ms. Wallack said, "I have watched the remarkable transformation of The Children's Place over the past several years and I am excited to partner with Jane, and the best in class management team she has assembled, to continue to build upon the company's impressive track record".