Childrens Place (NASDAQ:PLCE) posted its quarterly earnings results on Tuesday. The company reported $1.85 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.57 by $0.28, Briefing.com reports. Childrens Place had a net margin of 3.92% and a return on equity of 32.08%. The company had revenue of $513.00 million for the quarter, compared to the consensus estimate of $510.69 million. During the same quarter last year, the firm posted $1.10 EPS. The firm’s revenue was down 3.3% compared to the same quarter last year.
Shares of Childrens Place stock opened at $17.89 on Friday. Childrens Place has a one year low of $9.25 and a one year high of $116.84. The company has a market capitalization of $219.79 million, a PE ratio of 3.76, a P/E/G ratio of 0.28 and a beta of 0.75. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.19 and a current ratio of 0.78. The company has a 50-day simple moving average of $55.72 and a two-hundred day simple moving average of $68.97.
PLCE has been the topic of a number of research analyst reports. BidaskClub downgraded shares of Childrens Place from a “sell” rating to a “strong sell” rating in a research note on Friday, March 13th. DA Davidson downgraded shares of Childrens Place from a “buy” rating to a “neutral” rating and decreased their price target for the company from $80.00 to $30.00 in a research note on Tuesday. ValuEngine lowered Childrens Place from a “hold” rating to a “sell” rating in a report on Tuesday, March 3rd. Deutsche Bank lowered their price target on Childrens Place from $79.00 to $30.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Telsey Advisory Group dropped their price objective on Childrens Place from $80.00 to $40.00 and set an “outperform” rating on the stock in a research note on Wednesday. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. Childrens Place presently has a consensus rating of “Hold” and an average target price of $62.81.
The Children's Place, Inc operates as a children's specialty apparel retailer. The company operates through two segments, The Children's Place U.S. and The Children's Place International. It sells apparel, footwear, accessories, and other items for children; and designs, contracts to manufacture, and sells merchandise under the proprietary The Children's Place, Place, and Baby Place brand names.
Recommended Story: Understanding Compound Annual Growth Rate (CAGR)
Receive News & Ratings for Childrens Place Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Childrens Place and related companies with MarketBeat.com's FREE daily email newsletter.