71.74 0.00 (0.00%)
After hours: 5:11PM EST
|Bid||71.78 x 900|
|Ask||71.74 x 800|
|Day's Range||70.65 - 72.50|
|52 Week Range||53.62 - 116.84|
|Beta (5Y Monthly)||0.78|
|PE Ratio (TTM)||18.72|
|Earnings Date||Mar 01, 2020 - Mar 05, 2020|
|Forward Dividend & Yield||2.24 (3.23%)|
|Ex-Dividend Date||Dec 12, 2019|
|1y Target Est||65.44|
Jane Elfers became the CEO of The Children's Place, Inc. (NASDAQ:PLCE) in 2010. This analysis aims first to contrast...
The Children’s Place, Inc. (PLCE), the largest pure-play children’s specialty apparel retailer in North America, today announced that Gymboree will relaunch in February 2020. Gymboree will be available on www.Gymboree.com, and in shop-in-shop locations in over 200 Children’s Place stores across the U.S. and Canada. Gymboree’s launch includes eight collections in sizes 12M – 8.
Could The Children's Place, Inc. (NASDAQ:PLCE) be an attractive dividend share to own for the long haul? Investors are...
The Children's Place (PLCE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
While the overall economy saw gains in 2019, retail chains unable to compete with online competitors were forced to close hundreds of stores amid bankruptcy filings this year.
Children's Place (PLCE) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
Those following along with The Children's Place, Inc. (NASDAQ:PLCE) will no doubt be intrigued by the recent purchase...
Applied Materials, Children's Place, D.R. Horton, M/I Homes and Meritage Homes highlighted as Zacks Bull and Bear of the Day
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Shareholders in The Children's Place, Inc. (NASDAQ:PLCE) had a terrible week, as shares crashed 23% to US$54.11 in the...
Redding views Children’s Place as a strong value story, but low visibility into the company’s margin turnaround and an unfavorable mix between e-commerce and brick & mortar stores is more troubling than initially anticipated. “We do not see the structural shift to digital slowing in the near-term, and without a strategy in place to raise the e-commerce margin contribution, we see the mix shift continuing to drag on margins going forward,” Redding wrote in a note. Wedbush added that before earnings, the firm believed improving merchandise margins and market share opportunity after the Gymboree bankruptcy would send shares higher.
Short sellers of troubled retailer Children's Place Inc.'s stock netted a a one-day paper gain of $121.7 million when the stock slid 23% on Wednesday, following disappointing quarterly earnings and weak guidance, according to S3 Partners, a financial analytics and software-as-a-service firm. S3 estimates that about half of the company's stock float, or 7.48 million shares, has been sold short as investors have steadily increased their bearish exposure through 2019. "Luckily for shorts, the top 3 institutional holders are all in lending programs, keeping borrow costs still relatively low (100 basis points annualized) for such a highly shorted name in terms of % of float," S3 analyst Matthew Unterman wrote in commentary. "However, we are starting to see rates trending higher today due to the combination of decrementing supply via long selling and continuous demand for short selling." Shares rose 8% on Thursday, but remain down 35% in 2019, while the S&P 500 has gained 25%.
Shares of The Children’s Place Inc. plummeted 23.1% on Wednesday after GlobalData Retail proposed that Target Corp. could derail the relaunch of Gymboree in spring 2020. “Target, for example, has made significant share gains in kidswear and has a strong overlap with the customer base of The Children’s Place,” Neil Saunders, managing director at GlobalData Retail, said. One of Target’s (TGT) children’s brands, Cat & Jack, is a billion-dollar label.
Children's Place Inc. was downgraded to underperform from neutral at Bank of America, with analysts expecting challenges along the retailer's path to operating margin recovery. "Commentary that mall traffic has declined quarter-to-date (and as Q3 progressed) is ominous and would be a major problem if it continued into fiscal 2020," wrote Bank of America analysts led by David Buckley. "While Children's Place's e-commerce growth has been impressive, store comps need to be flat to drive meaningful margin expansion. Gymboree's relaunch in Q1 will help sales and comp but be primarily e-commerce driven as the brand will be in approximately 200 stores." Wedbush also downgraded Children's Place on Thursday, citing margin concerns. Children's Place stock plummeted 23% on Wednesday, but has rebounded 5.5% in Thursday trading. Shares have fallen 43.3% over the past year while the S&P 500 index is up 19.6% for the period.
Children's Place (PLCE) earnings beat estimates in third-quarter fiscal 2019, while sales missed the same. Moreover, the company trimmed view for fiscal 2019 hurting investors' sentiment.
Unfortunately for some shareholders, the Children's Place (NASDAQ:PLCE) share price has dived 35% in the last thirty...
Children's Place Inc. was downgraded to neutral from outperform at Wedbush, with analysts saying the retailer's growing e-commerce business puts margins at risk. "We do not see the structural shift to digital slowing in the near-term, and without a strategy in place to raise the e-commerce margin contribution, we see the mix shift continuing to drag on margins going forward," analysts led by Jen Redding wrote. Wedbush thought the Gymboree bankruptcy would give the company's stock a boost, but now think the stock will stay "grounded in the near term" due to depressed gross margin. Children's Place stock plummeted 23% in Wednesday trading after it reported a third-quarter sales miss. Shares slipped 0.6% in Thursday premarket trading, and are down 46.3% over the past year. The S&P 500 index is up 18.5% for the last 12 months.