Alert: Negative Investment/Fundamental Signals (7/18/24)-The Childrens Place Inc (NASDAQ: PLCE)

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Extremely important negative changes in investment behavior have recently occurred for The Childrens Place Inc (NASDAQ: PLCE): negative upside/downside volume developed, and its shorter term price trend turned down.

The Childrens Place Inc (NASDAQ: PLCE). Notable negative changes in fundamentals have recently occurred. Negative developments: significant quarterly sales deceleration occurred, the consensus estimate for January, 2024 decreased significantly, and the consensus estimate for January, 2025 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.

The stock is currently unrated.

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Current PriceTarget Research Rating

PLCE is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

Childrens Place is currently unrated.

Recent Price Action

The Childrens Place Inc (NASDAQ: PLCE) stock declined by -4.8% on 7/18/24. The shares closed at $7.66. However, this decline was accompanied by below average trading volume at 80% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -10.3% during the last week.

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