Analyst Ratings for Children's Place Inc. (PLCE)Updated: 2017-07-27
Children's Place Inc. (NASDAQ:PLCE) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for PLCE last month.
6 analysts declared PLCE a buy, 0 issued an overweight rating, 4 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for PLCE by the analysts covering the stock. The most optimistic price target was 150, implying potential capital gains of 42.93 percent. The minimum price target given was 112, implying potential capital losses of 6.72 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 378.79 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 9.19 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of PLCE's earnings is estimated by analysts to be 20.31 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. PLCE has a PEG ratio of 0.85.
In the trailing 52-weeks, PLCE hit 125.30 at the highest peak, while it's lowest trading point was 70.90. Today's price is 48.03 percent above the 52-week low, and below the high by 16.24 percent. PLCE has a price/earnings ratio of 17.24. Investors typically compare the P/E ratio to a company's peers in the industry. The PLCE value stock report compares PLCE to some of its peers using value stock charts. The market cap of PLCE is $1.84 billion. PLCE's next earnings release will be on 0000-00-00, which is days away.