Childrens Place Inc (NASDAQ:PLCE) – Analysts at SunTrust Banks raised their FY2018 earnings per share (EPS) estimates for Childrens Place in a research report issued to clients and investors on Monday. SunTrust Banks analyst P. Quintiliano now forecasts that the company will post earnings per share of $7.88 for the year, up from their previous forecast of $7.53. SunTrust Banks has a “Hold” rating and a $157.00 price objective on the stock. SunTrust Banks also issued estimates for Childrens Place’s Q1 2019 earnings at $2.29 EPS, Q2 2019 earnings at $0.58 EPS, Q3 2019 earnings at $2.95 EPS, Q4 2019 earnings at $2.67 EPS and FY2019 earnings at $8.49 EPS.

Childrens Place (NASDAQ:PLCE) last posted its quarterly earnings results on Wednesday, November 15th. The company reported $2.58 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.46 by $0.12. Childrens Place had a return on equity of 26.58% and a net margin of 7.07%. The company had revenue of $490.00 million for the quarter, compared to analysts’ expectations of $480.28 million. During the same quarter in the prior year, the company earned $2.29 earnings per share. The firm’s revenue was up 3.4% on a year-over-year basis.

Other analysts also recently issued reports about the stock. Buckingham Research boosted their target price on shares of Childrens Place from $139.00 to $144.00 and gave the company a “buy” rating in a research note on Thursday, November 16th. B. Riley reissued a “buy” rating on shares of Childrens Place in a research note on Wednesday, November 1st. FBR & Co reissued a “buy” rating and set a $127.00 target price on shares of Childrens Place in a research note on Monday, October 2nd. ValuEngine raised shares of Childrens Place from a “hold” rating to a “buy” rating in a research note on Wednesday, November 15th. Finally, Chardan Capital reissued a “buy” rating and set a $156.00 target price (up from $130.00) on shares of Childrens Place in a research note on Wednesday. Five equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. Childrens Place has a consensus rating of “Buy” and an average target price of $139.15.

Shares of Childrens Place (NASDAQ PLCE) traded up $4.95 during trading hours on Wednesday, reaching $157.40. 370,000 shares of the company’s stock traded hands, compared to its average volume of 629,000. Childrens Place has a 52 week low of $92.95 and a 52 week high of $158.35. The firm has a market cap of $2,750.00, a P/E ratio of 22.33, a P/E/G ratio of 2.19 and a beta of 0.31.

A number of large investors have recently modified their holdings of the stock. Hanseatic Management Services Inc. boosted its holdings in Childrens Place by 0.7% in the second quarter. Hanseatic Management Services Inc. now owns 2,085 shares of the company’s stock worth $213,000 after purchasing an additional 14 shares in the last quarter. Zacks Investment Management boosted its holdings in Childrens Place by 2.0% in the second quarter. Zacks Investment Management now owns 2,429 shares of the company’s stock worth $248,000 after purchasing an additional 48 shares in the last quarter. Navellier & Associates Inc boosted its holdings in Childrens Place by 1.9% in the second quarter. Navellier & Associates Inc now owns 3,399 shares of the company’s stock worth $347,000 after purchasing an additional 65 shares in the last quarter. Suntrust Banks Inc. boosted its holdings in Childrens Place by 2.2% in the second quarter. Suntrust Banks Inc. now owns 3,621 shares of the company’s stock worth $369,000 after purchasing an additional 78 shares in the last quarter. Finally, Hancock Holding Co. boosted its holdings in Childrens Place by 0.6% in the second quarter. Hancock Holding Co. now owns 22,871 shares of the company’s stock worth $2,335,000 after purchasing an additional 146 shares in the last quarter.

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 3rd. Stockholders of record on Wednesday, December 13th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend was Tuesday, December 12th. Childrens Place’s dividend payout ratio is currently 22.70%.

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Childrens Place 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.

Earnings History and Estimates for Childrens Place (NASDAQ:PLCE)

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