Childrens Place Inc (NASDAQ:PLCE) traded at $11.75 at last check on current trade day and made an upward move of 7.70% on its previous day’s price.
Looking at the stock we see that its previous close was $10.91 and the beta (5Y monthly) reads 2.251 with the day’s price range being $11.0106 – $12.61. In terms of its 52-week price range, PLCE has a high of $38.03 and a low of $4.77. The company’s stock has lost about -16.31% over that past 30 days.
Childrens Place Inc has a market cap of $150.12 million and is expected to release its quarterly earnings report in January.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 375.25M, with a low of 375.25M and a high of 375.25M. The median projection represents growth adding up to -17.53% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 1.35B, or -15.57% down from figures reported last year.
On the other hand, looking at the outlook for the PLCE stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Buy.
Based on estimates by 2 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Childrens Place Inc (PLCE) stock as a Hold, while 0 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -15.49% off its SMA20 and -12.96% from its 50-day simple moving average. The RSI (14) is pointing at 42.60 while the volatility over the past week is 15.17% and jumps to 10.77% over the past one month. The beta value is 2.31, while the average true range (ATR) is currently pointing at 1.54. The average price target for the stock over the next 12 months is $18, with the estimates having a low of $18 and a high of $18. These price ends are -53.19% and -53.19% off the today’s price level respectively, although investors could be excited at the prospect of a -53.19% if the PLCE share price touches on the median price of $18.
Coming back to Childrens Place Inc (NASDAQ:PLCE), we note that the average 3-month trading volume was 869.33K, while that of the preceding 10-day period stands at 0.69 million. Current shares outstanding are 12.78 million.
The insiders hold 61.81% of the company’s shares while institutions hold 25.21%. The data shows that short shares as of 2024-11-15, stood at 2.94 million at a short ratio of 6.19. This represents a 5598.00 short interest in shares outstanding on 2024-11-15. Shares short rose in November from the previous month at 2.7 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -49.40% down in year-to-date price movement.
