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.
Many analysts weighed in on price targets for PLCE. The most optimistic price target was 150, implying potential capital gains of 42.93 percent. The most pessimistic price target was 112, implying a possible loss of 6.72 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 378.79 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 9.19 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
PLCE has an estimated earnings growth rate of 20.31 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. PLCE has a PEG ratio of 0.85.
PLCE has traded between a high of 125.30 and a low of 70.90 over the past year. The current market price is above the trailing year's low by 48.03 percent, and 16.24 percent lower than its 52-week high. 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 stock has a market capitalization of $1.84 billion. PLCE will post this quarters earnings in days, on 0000-00-00.