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.
Investment analysts gave a few price targets for PLCE. The most optimistic price target was 150, implying a possible profit of 42.93 percent. The minimum price target given was 112, which equates to a potential downside of 6.72 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain 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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 9.19 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of PLCE's earnings is estimated by analysts to be 20.31 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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 P/E 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.