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These Numbers Show Just How Powerful Childrens Place Inc (NASDAQ: PLCE) Stock ‎Is

Childrens Place Inc (NASDAQ:PLCE) price closed higher on Friday, February 09, jumping 12.51% below its previous close.

A look at the daily price movement shows that the last close reads $22.33. The company’s 5Y monthly beta was ticking 2.08. Taking into account the 52-week price action we note that the stock hit a 52-week high of $47.09 and 52-week low of $14.27. The stock subtracted -42.13% on its value in the past month.

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Childrens Place Inc, which has a market valuation of $156.06 million, is expected to release its quarterly earnings report Mar 14, 2024 – Mar 18, 2024. Analysts tracking PLCE have forecast the quarterly EPS to grow by 0.22 per share this quarter, while the same analysts predict the annual EPS to hit -$0.71 for the year 2024 and up to $2.58 for 2025. In this case, analysts estimate an annual EPS growth of -787.50% for the year and 463.40% for the next year.

On average, analysts have forecast the company’s revenue for the quarter will hit $462.88 million, with the likely lows of $462.01 million and highs of $463.64 million. The average estimate suggests sales growth for the quarter will likely rise by 1.50% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $1.61 billion for the company’s annual revenue in 2024. Per this projection, the revenue is forecast to grow -5.80% below that which the company brought in 2024.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with — upward and — downward reviews. On the technical perspective front, indicators give PLCE a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.

The overview shows that PLCE’s price is at present -7.66% off the SMA20 and -5.67% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 19.24, with weekly volatility standing at 14.57%. The indicator jumps to 7.52% when calculated based on the past 30 days. Childrens Place Inc (NASDAQ:PLCE)’s beta value is holding at 2.07, while the average true range (ATR) indicator is currently reading 1.93.

Turning out attention to how the Childrens Place Inc stock has performed in comparison to its peers in the industry, here’s what we find: PLCE’s stock is 12.51% on the day and -70.95% in the past 12 months, while Carter’s Inc. (CRI) traded 0.43%% in the last session and was positioned 2.98% up on its price 12 months ago. Turning out attention to how the Childrens Place Inc stock has performed in comparison to its peers in the industry, here’s what we find: PLCE’s stock is 12.51% on the day and -70.95% in the past 12 months, while Carter’s Inc. (CRI) traded 0.43%% in the last session and was positioned 2.98% up on its price 12 months ago. Another comparison is with Gap Inc. (GPS) whose stock price was up 0.10%% in the last trading session, and has flourished 46.10% over the past year. Also, Urban Outfitters Inc. (URBN) showed up trend of 2.21%% while its price kept floating at 55.84% over the past year.

An analysis of the Childrens Place Inc (NASDAQ:PLCE) stock in terms of its daily trading volume indicates that the 3-month average is 18.88. However, this figure increases on the past 10-day timeline to an average of 1.71 million.

Current records show that the company has 12.22M in outstanding shares. The insiders’ percentage holdings are 6.52% of outstanding shares while the percentage share held by institutions stands at 86.08%. The stats also highlight that short interest as of Jan 31, 2024, stood at 2.08 million shares, which puts the short ratio at the time at 4.82. From this we can glean that short interest is 16.64% of company’s current outstanding shares. Notably, we see that shares short in January fall slightly given the previous month’s figure stood at 2.11 million. But the -46.15% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.