Does Childrens Place Inc (PLCE) offer a good opportunity for investors?

With 0.69 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.41 million shares. The 52-week range on PLCE shows that it touched its highest point at $25.50 and its lowest point at $4.77 during that stretch. It currently has a 1-year price target of $11.00. Beta for the stock currently stands at 2.46.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PLCE was down-trending over the past week, with a drop of -4.35%, but this was down by -11.41% over a month. Three-month performance dropped to -39.97% while six-month performance rose 46.50%. The stock lost -62.97% in the past year, while it has lost -13.86% so far this year. A look at the trailing 12-month EPS for PLCE yields -14.20 with Next year EPS estimates of 1.84. For the next quarter, that number is 0.24. This implies an EPS growth rate of 117.32% for this year and 28.48% for next year.

Float and Shares Shorts:

At present, 12.79 million PLCE shares are outstanding with a float of 12.79 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PLCE since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$2.4739 being high and -$2.55994 being low. For PLCE, this leads to a yearly average estimate of -$2.50975. Based on analyst estimates, the high estimate for the next quarter is -$0.62 and the low estimate is -$0.62. The average estimate for the next quarter is thus -$0.62.