Children’s Place, Inc. (The) (NASDAQ:PLCE) is scheduled to be announcing its earnings results before the market opens on Tuesday, August 15th. Analysts expect the company to announce earnings of $0.75 per share for the quarter. Children’s Place, Inc. (The) has set its Q2 guidance at $0.70-0.75 EPS.

Children’s Place, Inc. (The) (NASDAQ:PLCE) last posted its earnings results on Thursday, May 18th. The company reported $1.95 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.64 by $0.31. The company had revenue of $436.70 million during the quarter, compared to analyst estimates of $422.51 million. Children’s Place, Inc. (The) had a net margin of 6.25% and a return on equity of 23.00%. Children’s Place, Inc. (The)’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.32 earnings per share. On average, analysts expect Children’s Place, Inc. (The) to post $7.24 EPS for the current fiscal year and $7.71 EPS for the next fiscal year.

Shares of Children’s Place, Inc. (PLCE) opened at 114.45 on Tuesday. The stock has a market capitalization of $2.02 billion, a price-to-earnings ratio of 18.97 and a beta of 0.33. The stock’s 50 day moving average is $103.88 and its 200-day moving average is $107.47. Children’s Place, Inc. has a 12-month low of $70.90 and a 12-month high of $125.30.

The business also recently announced a quarterly dividend, which was paid on Monday, July 10th. Shareholders of record on Monday, June 19th were paid a $0.40 dividend. The ex-dividend date of this dividend was Thursday, June 15th. This represents a $1.60 dividend on an annualized basis and a yield of 1.40%. Children’s Place, Inc. (The)’s dividend payout ratio is currently 26.32%.

Several equities research analysts have recently weighed in on the stock. BidaskClub raised shares of Children’s Place, Inc. (The) from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. BMO Capital Markets set a $112.00 target price on shares of Children’s Place, Inc. (The) and gave the company a “hold” rating in a research report on Thursday, July 6th. Telsey Advisory Group raised shares of Children’s Place, Inc. (The) from a “market perform” rating to an “outperform” rating and set a $135.00 target price for the company in a research report on Monday, June 26th. Bank of America Corporation set a $140.00 target price on shares of Children’s Place, Inc. (The) and gave the company a “buy” rating in a research report on Tuesday, June 13th. Finally, FBR & Co reaffirmed an “outperform” rating and issued a $127.00 price target on shares of Children’s Place, Inc. (The) in a report on Friday, June 9th. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Children’s Place, Inc. (The) currently has an average rating of “Buy” and an average target price of $125.00.

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In other news, insider Michael Scarpa sold 37,231 shares of the business’s stock in a transaction that occurred on Thursday, May 25th. The shares were sold at an average price of $108.08, for a total transaction of $4,023,926.48. Following the completion of the sale, the insider now owns 59,084 shares in the company, valued at approximately $6,385,798.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Kevin Low sold 14,517 shares of the business’s stock in a transaction that occurred on Thursday, May 25th. The stock was sold at an average price of $109.04, for a total transaction of $1,582,933.68. Following the sale, the senior vice president now owns 33,565 shares of the company’s stock, valued at approximately $3,659,927.60. The disclosure for this sale can be found here. Insiders own 2.60% of the company’s stock.

About Children’s Place, Inc. (The)

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 for Children`s Place, Inc. (The) (NASDAQ:PLCE)

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