The stock of Childrens Place Inc (PLCE) has seen a -11.66% decrease in the past week, with a -23.94% drop in the past month, and a -22.34% decrease in the past quarter. The volatility ratio for the week is 8.76%, and the volatility levels for the past 30 days are at 6.17% for PLCE. The simple moving average for the last 20 days is -20.23% for PLCE’s stock, with a simple moving average of -27.37% for the last 200 days.
Is It Worth Investing in Childrens Place Inc (NASDAQ: PLCE) Right Now?
Moreover, the 36-month beta value for PLCE is 2.24. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The average price recommended by analysts for Childrens Place Inc (PLCE) is $35.25, which is $14.55 above the current market price. The public float for PLCE is 11.57M and currently, short sellers hold a 21.19% of that float. On November 17, 2023, PLCE’s average trading volume was 498.16K shares.
PLCE) stock’s latest price update
The stock of Childrens Place Inc (NASDAQ: PLCE) has decreased by -24.89 when compared to last closing price of 28.56.Despite this, the company has seen a loss of -11.66% in its stock price over the last five trading days. Zacks Investment Research reported 2023-11-16 that The Children’s Place’s (PLCE) third-quarter fiscal 2023 results reflect a year-over-year decline in both the top and bottom lines due to a tough macroeconomic environment.
Analysts’ Opinion of PLCE
Many brokerage firms have already submitted their reports for PLCE stocks, with Monness Crespi & Hardt repeating the rating for PLCE by listing it as a “Buy.” The predicted price for PLCE in the upcoming period, according to Monness Crespi & Hardt is $36 based on the research report published on August 18, 2023 of the current year 2023.
PLCE Trading at -17.17% from the 50-Day Moving Average
After a stumble in the market that brought PLCE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -56.12% of loss for the given period.
Volatility was left at 6.17%, however, over the last 30 days, the volatility rate increased by 8.76%, as shares sank -24.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.45% lower at present.
During the last 5 trading sessions, PLCE fell by -11.66%, which changed the moving average for the period of 200-days by -53.51% in comparison to the 20-day moving average, which settled at $26.55. In addition, Childrens Place Inc saw -41.10% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at PLCE starting from ELFERS JANE T, who purchase 43,000 shares at the price of $23.70 back on Jul 05. After this action, ELFERS JANE T now owns 370,033 shares of Childrens Place Inc, valued at $1,019,100 using the latest closing price.
Stock Fundamentals for PLCE
Current profitability levels for the company are sitting at:
- +0.24 for the present operating margin
- +27.08 for the gross margin
The net margin for Childrens Place Inc stands at -0.07. The total capital return value is set at 0.60, while invested capital returns managed to touch -0.32. Equity return is now at value -46.17, with -7.41 for asset returns.
Based on Childrens Place Inc (PLCE), the company’s capital structure generated 322.95 points at debt to equity in total, while total debt to capital is 76.36. Total debt to assets is 51.89, with long-term debt to equity ratio resting at 92.27. Finally, the long-term debt to capital ratio is 21.82.
When we switch over and look at the enterprise to sales, we see a ratio of 0.52, with the company’s debt to enterprise value settled at 0.48. The receivables turnover for the company is 47.83 and the total asset turnover is 1.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.87.
To wrap up, the performance of Childrens Place Inc (PLCE) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.