The firm's quarterly revenue was up 4.5% on a year-over-year basis.
Total shares held by institutions as of the most recent company filings are 21,914,317 with a reported 2,765,320 bought and 3,164,380 sold. Childrens Place earned a media sentiment score of 0.42 on Alpha One's scale.
Shares of Childrens Place Inc (NASDAQ:PLCE) opened at 114.15 on Wednesday. (NASDAQ:PLCE) shares have been recently spotted -10.26% away from the 52-week high, and 62.71% away from the 52-week low mark. The company's 50-day moving average is $115.19 and its 200 day moving average is $104.74.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 1st. Investors of record on Monday, April 10th were given a dividend of $0.40 per share.
On 5/17/2016 announced a quarterly dividend of $0.20 1.13% with an ex dividend date of 6/14/2016 which will be payable on 6/16/2016.
Several analysts have released their opinion on The Children's Place, Inc. The original version of this piece of content can be read at https://sportsperspectives.com/2017/05/18/childrens-place-plce-receives-daily-coverage-optimism-score-of-0-35-updated-updated-updated.html. If you are viewing this story on another website, it was stolen and reposted in violation of global trademark & copyright laws.
The Children's Place, Inc.
In related news, insider Bradley P. Cost sold 7,304 shares of Childrens Place stock in a transaction that occurred on Friday, March 24th. Childrens Place presently has an average rating of "Buy" and an average target price of $116.71. Following the completion of the sale, the insider now owns 40,149 shares in the company, valued at $4,756,853.52.
Jane Elfers, President and Chief Executive Officer, commented, "We continued to deliver outstanding operating results in Q1 and the continuation of our quarterly dividend is a further reflection of our confidence in our ability to execute on our strategic initiatives and our continuing commitment to return excess capital to shareholders". State of Alaska Department of Revenue boosted its stake in Childrens Place by 2.0% in the first quarter. (The) include Vanguard Group Inc which owns 2 million shares in the company valued at $242.50 million.
The Children's Place expects adjusted net income per share in the second quarter of 2017 will be between $0.70 and $0.75, inclusive of a $0.70 benefit resulting from new accounting rules for the income tax impact on share-based compensation. On a per-share basis, the Secaucus, New Jersey-based company said it had profit of $1.97. (The) (NASDAQ:PLCE), 4 rate it "Buy", 1 "Outperform", 5 "Underperform", 0 "Sell", while 0 "Hold". P/E is a valuation ratio of a given company's current stock price as compared to its earnings.
11/14/2016 - The Children's Place Retail Stores, Inc. was upgraded to "buy" by analysts at Bank of America Merrill Lynch. Mizuho reiterated a "buy" rating and issued a $140.00 price target (up from $110.00) on shares of Childrens Place in a research report on Saturday, March 11th. They set a "buy" rating and a $120.00 price target for the company. Seven equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. The stock's price is 114.05 and their relative strength index (RSI) stands at 46.94.
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. Childrens Place's payout ratio is now 17.98%.