The Children's Place, Inc. (PLCE)
NASDAQ: PLCE · IEX Real-Time Price · USD
7.17
+0.01 (0.14%)
At close: Apr 24, 2024, 4:00 PM
7.15
-0.02 (-0.28%)
Pre-market: Apr 25, 2024, 8:48 AM EDT
The Children's Place Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for PLCE stock have an average target of 21.25, with a low estimate of 7.00 and a high estimate of 45. The average target predicts an increase of 196.37% from the current stock price of 7.17.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PLCE stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 1 | 1 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Sell → Hold Upgrades $12 → $7 | Strong Sell → Hold | Upgrades | $12 → $7 | -2.37% | Apr 24, 2024 |
| B. Riley Securities | B. Riley Securities | Hold → Strong Sell Downgrades $19 → $4 | Hold → Strong Sell | Downgrades | $19 → $4 | -44.21% | Feb 13, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Hold Maintains $24 → $13 | Hold | Maintains | $24 → $13 | +81.31% | Feb 12, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy → Hold Downgrades $45 → $19 | Strong Buy → Hold | Downgrades | $45 → $19 | +164.99% | Nov 20, 2023 |
| Telsey Advisory Group | Telsey Advisory Group | Hold Maintains $31 → $24 | Hold | Maintains | $31 → $24 | +234.73% | Nov 17, 2023 |
Financial Forecast
Revenue This Year
1.64B
from 1.71B
Decreased by -4.13%
Revenue Next Year
1.59B
from 1.64B
Decreased by -2.81%
EPS This Year
-2.56
from -0.09
EPS Next Year
0.96
from -2.56
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 1.7B | 1.7B | 1.7B |
| Avg | 1.6B | 1.6B | 1.6B |
| Low | 1.6B | 1.5B | 1.5B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | -1.0% | 2.6% | 7.1% |
| Avg | -4.1% | -2.8% | 1.5% |
| Low | -8.1% | -10.0% | -6.1% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | -0.63 | 3.21 | 3.52 |
| Avg | -2.56 | 0.96 | 2.55 |
| Low | -3.40 | -0.82 | 1.62 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | - | - | 265.9% |
| Avg | - | - | 165.3% |
| Low | - | - | 68.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.