Childrens Place (NASDAQ:PLCE) updated its FY 2019 earnings guidance on Wednesday. The company provided EPS guidance of $5.40-5.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.16. The company issued revenue guidance of $1.91-1.925 billion, compared to the consensus revenue estimate of $1.93 billion.Childrens Place also updated its FY20 guidance to $5.40-5.75 EPS.
A number of research analysts recently issued reports on the stock. DA Davidson set a $135.00 price objective on shares of Childrens Place and gave the company a buy rating in a research note on Tuesday. Bank of America set a $115.00 target price on shares of Childrens Place and gave the stock a hold rating in a research note on Monday, August 12th. Monness Crespi & Hardt decreased their target price on shares of Childrens Place from $128.00 to $105.00 and set a buy rating on the stock in a research note on Thursday. TheStreet cut shares of Childrens Place from a b- rating to a c+ rating in a research note on Friday, May 31st. Finally, Wedbush set a $130.00 target price on shares of Childrens Place and gave the stock a buy rating in a research note on Friday, June 21st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and an average price target of $116.00.
Shares of Childrens Place stock opened at $78.45 on Friday. The company has a quick ratio of 0.22, a current ratio of 0.79 and a debt-to-equity ratio of 1.31. Childrens Place has a twelve month low of $70.43 and a twelve month high of $160.23. The stock has a market cap of $1.21 billion, a price-to-earnings ratio of 16.12, a P/E/G ratio of 1.60 and a beta of 0.83. The company’s fifty day moving average is $90.81 and its 200 day moving average is $96.19.
The company also recently announced a quarterly dividend, which will be paid on Friday, October 4th. Investors of record on Monday, September 23rd will be issued a $0.56 dividend. The ex-dividend date is Friday, September 20th. This represents a $2.24 annualized dividend and a yield of 2.86%. Childrens Place’s payout ratio is 33.19%.
About Childrens Place
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.
Read More: New Google Finance Tool and Screening Stocks
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.