Analysts expect Children’s Place, Inc. (The) (NASDAQ:PLCE) to post $2.46 earnings per share for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Children’s Place, Inc. (The)’s earnings. The highest EPS estimate is $2.51 and the lowest is $2.43. Children’s Place, Inc. (The) posted earnings per share of $2.29 during the same quarter last year, which would indicate a positive year-over-year growth rate of 7.4%. The company is scheduled to announce its next earnings results on Thursday, November 16th.

According to Zacks, analysts expect that Children’s Place, Inc. (The) will report full-year earnings of $7.42 per share for the current fiscal year, with EPS estimates ranging from $7.33 to $7.52. For the next financial year, analysts forecast that the firm will report earnings of $7.99 per share, with EPS estimates ranging from $7.41 to $8.29. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that cover Children’s Place, Inc. (The).

Children’s Place, Inc. (The) (NASDAQ:PLCE) last released its earnings results on Wednesday, August 9th. The company reported $0.86 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.75 by $0.11. The firm had revenue of $373.60 million for the quarter, compared to analysts’ expectations of $376.53 million. Children’s Place, Inc. (The) had a net margin of 7.14% and a return on equity of 26.01%. Children’s Place, Inc. (The)’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter last year, the company earned ($0.01) EPS.

A number of research analysts recently issued reports on PLCE shares. BMO Capital Markets set a $112.00 price target on Children’s Place, Inc. (The) and gave the company a “hold” rating in a report on Thursday, July 6th. BidaskClub cut Children’s Place, Inc. (The) from a “hold” rating to a “sell” rating in a report on Friday, June 9th. Telsey Advisory Group raised Children’s Place, Inc. (The) from a “market perform” rating to an “outperform” rating and set a $135.00 price objective for the company in a report on Monday, June 26th. FBR & Co reissued an “outperform” rating and set a $127.00 price objective on shares of Children’s Place, Inc. (The) in a report on Friday, June 9th. Finally, Morgan Stanley boosted their price objective on Children’s Place, Inc. (The) from $140.00 to $150.00 and gave the stock an “overweight” rating in a report on Monday, May 22nd. Five investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Children’s Place, Inc. (The) presently has a consensus rating of “Buy” and a consensus target price of $125.00.

Several hedge funds have recently made changes to their positions in PLCE. Strs Ohio increased its stake in shares of Children’s Place, Inc. (The) by 150.0% in the 1st quarter. Strs Ohio now owns 1,000 shares of the company’s stock valued at $120,000 after acquiring an additional 600 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of Children’s Place, Inc. (The) by 11.6% in the 1st quarter. Wells Fargo & Company MN now owns 71,764 shares of the company’s stock valued at $8,615,000 after acquiring an additional 7,453 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. bought a new stake in shares of Children’s Place, Inc. (The) in the 1st quarter valued at about $624,000. Great West Life Assurance Co. Can increased its stake in shares of Children’s Place, Inc. (The) by 6.7% in the 1st quarter. Great West Life Assurance Co. Can now owns 25,605 shares of the company’s stock valued at $3,073,000 after acquiring an additional 1,599 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System increased its stake in shares of Children’s Place, Inc. (The) by 10.3% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 10,634 shares of the company’s stock valued at $1,277,000 after acquiring an additional 994 shares during the last quarter.

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Children’s Place, Inc. (PLCE) traded up 0.04% during trading on Thursday, reaching $111.90. 467,240 shares of the company’s stock traded hands. The firm’s 50 day moving average is $107.31 and its 200-day moving average is $109.11. Children’s Place, Inc. has a 12 month low of $70.90 and a 12 month high of $125.30. The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of 16.17 and a beta of 0.31.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 3rd. Stockholders of record on Tuesday, September 12th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Monday, September 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.43%. Children’s Place, Inc. (The)’s dividend payout ratio (DPR) is presently 22.92%.

Children’s Place, Inc. (The) 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.

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Earnings History and Estimates for Children`s Place, Inc. (The) (NASDAQ:PLCE)

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