Are Things Looking Up For Childrens Place Inc (NASDAQ: PLCE)?

After Hours

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Stocks Info

This NASDAQ-listed company operates within the Apparel Retail industry segment, falling under the Consumer Cyclical sector. The current market capitalization of Childrens Place Inc is $145.55M. A total of 1.2 million shares were traded on the day, compared to an average of 1.53M shares.

In the most recent transaction, Mithaq Capital SPC bought 966,344 shares of PLCE for 11.15 per share on Feb 13 ’24. After the transaction, the 10% Owner now owns 6,751,387 company shares. In a previous transaction on Feb 12 ’24, Mithaq Capital SPC bought 1,566,475 shares at 15.80 per share. PLCE shares that 10% Owner owns now total 4,663,743.

Among the insiders who bought shares, Mithaq Capital SPC acquired of 1,849,397 shares on Feb 09 ’24 at a per-share price of $11.02. This resulted in the 10% Owner holding 3,097,268 shares of PLCE after the transaction. In another insider transaction, ELFERS JANE T bought 43,000 shares at $23.70 per share on Jul 05 ’23. Company shares held by the President and CEO now total 370,033.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, PLCE has a high of $38.03 and a low of $6.58.

As of this writing, PLCE has an earnings estimate of -$1.25 per share for the current quarter. EPS was calculated based on a consensus of 2.0 estimates, with a high estimate of -$1.05 per share and a lower estimate of -$1.45. The company reported an EPS of -$3.87 in the last quarter

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. PLCE’s latest balance sheet shows that the firm has $54.79M in Cash & Short Term Investments as of fiscal 2022. There were $450.86M in debt and $591.83M in liabilities at the time. Its Book Value Per Share was -$0.72, while its Total Shareholder’s Equity was $225.47M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PLCE is Buy with a score of 3.00.

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