Children's PlacePLCE
PLCE
About: Children's Place Inc operate an omni-channel children's specialty portfolio of brands in North America. It design, contract to manufacture, and sell fashionable, high-quality apparel, accessories and footwear predominantly at value prices under proprietary The Children's Place, Place, Baby Place, Gymboree, Sugar & Jade, and PJ Place brand names.
Employees: 8,360
0
Funds holding %
of 6,790 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
91% more capital invested
Capital invested by funds: $81.7M [Q2] → $156M (+$74.6M) [Q3]
0.44% more ownership
Funds ownership: 78.95% [Q2] → 79.39% (+0.44%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
5% less call options, than puts
Call options by funds: $32.3M | Put options by funds: $34M
27% less funds holding
Funds holding: 82 [Q2] → 60 (-22) [Q3]
36% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 22
58% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 38
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$17
42%
upside
Avg. target
$17.50
46%
upside
High target
$18
50%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
UBS Jay Sole 64% 1-year accuracy 21 / 33 met price target | 42%upside $17 | Neutral Maintained | 18 Nov 2024 |
UBS Jay Sole 64% 1-year accuracy 21 / 33 met price target | 50%upside $18 | Neutral Maintained | 19 Sept 2024 |
Financial journalist opinion
Based on 5 articles about PLCE published over the past 30 days
Positive
Seeking Alpha
2 days ago
The Children's Place: The Turnaround Hiccup
The Children's Place has shifted to a value price brand, sacrificing low-margin revenue to improve profitability, despite a significant sales decline. Q3 sales dropped 18.8% due to reduced online promotions, but gross margins expanded by 180 basis points, showing improved operational efficiency. Adjusted net income was $2.04 per share, down 30% from last year, but the company is on a promising path to long-term profitability.
Negative
Market Watch
2 days ago
Children's Place profit nearly halves as troubled retailer's turnaround efforts dampen sales
Troubled retailer is moving away from unprofitable sales and offers of free shipping.
Neutral
GlobeNewsWire
2 weeks ago
Gymboree Marks Historic Grand Opening at Garden State Plaza
Iconic Brand Makes a Celebrated Return to Brick-and-Mortar, Embracing a New Era Iconic Brand Makes a Celebrated Return to Brick-and-Mortar, Embracing a New Era
Positive
Seeking Alpha
2 weeks ago
The Children's Place: All Eyes On Hopeful Q3 Turnaround Momentum
The Children's Place, Inc. has struggled immensely from a weak consumer, the company's weak profitability, and high debt, leading to very rapid store closures and a shifting focus to ecommerce. The Children's Place Q2 report showed signs of a turnaround, and improvements critically needed to carry onto the soon-to-be-reported Q3 report. In a base financial scenario, I estimate a turnaround to not create significant upside from the current PLCE stock level.
Neutral
GlobeNewsWire
3 weeks ago
Philip Ende Joins The Children's Place as Head of Real Estate
SECAUCUS, N.J., Nov. 11, 2024 (GLOBE NEWSWIRE) -- The Children's Place, Inc. (Nasdaq: PLCE) an omni-channel children's specialty portfolio of brands today announced that Philip Ende has been appointed GVP, Head of Real Estate, effective November 11, 2024.
Positive
GuruFocus
2 months ago
Children's Place Inc (PLCE) Shares Up 2.9% on Oct 2
Shares of Children's Place Inc (PLCE, Financial) surged 2.90% in mid-day trading on Oct 2. The stock reached an intraday high of $14.85, before settling at $14.55, up from its previous close of $14.14.
Positive
Seeking Alpha
2 months ago
Undervalued Dividend Opportunities - Price And Outlook Updates For September 2024
I analyze undervalued dividend opportunities monthly; this article updates the investment thesis for Carter's and United Parcel Service. CRI outperformed the S&P 500, delivering a 12.02% return since June 2024; I now rate it as a Buy due to recent price improvement. UPS faces challenges with increased labor costs but offers a 4.99% dividend yield; I maintain a Buy rating.
Positive
Invezz
2 months ago
The Children's Place stock has short squeezed; time to buy?
The Children's Place (PLCE) stock price has staged a strong comeback in the past few days, making it one of the best-performing companies in the retail industry. It soared to a high of $17.20, its highest point since March 6, and 233% above its lowest level this month.
Positive
Seeking Alpha
2 months ago
The Children's Place: A Phoenix Rises From The Ashes
The Children's Place, Inc. saw a surprise profit due to cutting unprofitable promotions, reducing marketing spend, and ending free shipping, despite a 7.5% sales decline. Gross profit surged by $24 million, with gross margin expanding by 960 basis points, driven by lower costs and higher prices on units sold. Adjusted net income turned positive at $3.9 million, or $0.30 per share, a significant improvement from a $26.5 million loss last year.
Positive
Seeking Alpha
2 months ago
Children's Place: Impressive Q2, And The Stock Is A Buy Under New Management
The Children's Place, Inc. returned to adjusted profitability in Q2 2024 by shedding unprofitable sales, resulting in an 85% stock surge. Management's strategy of avoiding unprofitable sales and cutting costs has improved gross margins and operational efficiency. Despite lower sales, Children's Place's gross profits grew 27%, with the potential to generate over $50 million in net income in the next twelve months.
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