Factors Likely to Have Influenced Earnings Results Childrens Place Stock Forecast, Price & News (NASDAQ:PLCE)

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Earnings results for Childrens Place Stock Forecast, Price & News (NASDAQ:PLCE)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJul 2020 , the consensus EPS* forecast has remained the same over the past week at -1.34 and decreased over the past month from -1.28 to -1.34(4.69%). Of the 1 analysts making quarterly forecasts, none raised and 0 lowered their forecast. For the fiscal year ending Jan 2021 , the consensus EPS* forecast has remained the same over the past week at 0.33 and decreased over the past month from 0.42 to 0.33(21.43%). Of the 1 analysts making yearly forecasts, none raised and 1 lowered their forecast.

Childrens Place last announced its quarterly earnings results on June 11th, 2020. The reported ($1.96) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($2.26) by $0.30. The company had revenue of $255.20 million for the quarter, compared to the consensus estimate of $261.78 million. Its quarterly revenue was down 38.1% compared to the same quarter last year. Childrens Place has generated $5.36 earnings per share over the last year. Childrens Place has confirmed that its next quarterly earnings report will be published on Tuesday, August 25th, 2020. Childrens Place will be holding an earnings conference call on Tuesday, August 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Analyst Opinion on Childrens Place Stock Forecast, Price & News (NASDAQ:PLCE)

12 Wall Street analysts have issued ratings and price targets for Childrens Place in the last 12 months. Their average twelve-month price target is $49.83, predicting that the stock has a possible upside of 107.38%. The high price target for PLCE is $102.00 and the low price target for PLCE is $26.00. There are currently 1 sell rating, 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Childrens Place has received a consensus rating of Hold. The company’s average rating score is 2.33, and is based on 5 buy ratings, 6 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $49.83, Childrens Place has a forecasted upside of 107.4% from its current price of $24.03. Childrens Place has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Childrens Place Stock Forecast, Price & News (NASDAQ:PLCE)

Childrens Place does not currently pay a dividend. Childrens Place does not have a long track record of dividend growth.

Insiders buying/selling: Childrens Place Stock Forecast, Price & News (NASDAQ:PLCE)

In the past three months, Childrens Place insiders have bought more of their company’s stock than they have sold. Specifically, they have bought $78,380.00 in company stock and sold $0.00 in company stock. Only 3.69% of the stock of Childrens Place is held by insiders.

Earnings and Valuation of Childrens Place Stock Forecast, Price & News (NASDAQ:PLCE

Earnings for Childrens Place are expected to grow by 1,033.33% in the coming year, from $0.33 to $3.74 per share. The P/E ratio of Childrens Place is -7.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Childrens Place is -7.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Childrens Place has a PEG Ratio of 10.46. PEG Ratios above 1 indicate that a company could be overvalued. Childrens Place has a P/B Ratio of 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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