For its third fiscal quarter (ending October 31), The Childrens Place Inc (NASDAQ: PLCE) has reported a -6% decline in E.P.S. from $3.28 a year ago to $3.07 in the current quarter. For the latest four quarters through October 31, E.P.S. were $-6.16 compared to $6.45 a year ago — a decline of -196%.
Recent Price Action
The Childrens Place Inc (NASDAQ: PLCE) stock closed at $21.45 on 11/16/23 after a major decline of -24.9%. Relative to the market the stock has been weak over the last nine months and has declined -15.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, PLCE is expected to continue to be a major Value Builder.
Childrens Place has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Childrens Place has a neutral Appreciation Score of 44 but a poor Power Rating of 20, and the Lowest Value Trend Rating results.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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