Childrens Place (The)(PLCE) is having a Dividend Yield of 0.78% with the Annual cash Dividend per share of $0.8. The last quarter cash dividend per share pay out was $0.2. Childrens Place (The) has a 5 year average dividend yield of 0.56% and the stock has a Indicated annual dividend of $0.8. Childrens Place (The)(PLCE) formally announced its most recent dividend on November 17, 2016 with a Dividend per share of $0.2. The new indicated annual dividend based on announced dividend per share is $0.8. The dividend yield based on the forward looking indicated annual dividend is 0.78%. Childrens Place (The)(PLCE) has the most recent dividend payout ratio of 0.17 with a 5-year average payout ratio of 0.1. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.07. The 5 year historical dividend growth of Childrens Place (The)(PLCE) is at the rate of 20.77% while the R-Squared dividend growth is 0.82. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Childrens Place, Inc. (The) (NASDAQ:PLCE) witnessed a decline in the market cap on Thursday as its shares dropped 3.02% or 3.1 points. After the session commenced at $102.95, the stock reached the higher end at $102.95 while it hit a low of $98.65. With the volume soaring to 492,702 shares, the last trade was called at $99.65. The company has a 52-week high of $111.2. The company has a market cap of $1,797 million and there are 18,037,396 shares in outstanding. The 52-week low of the share price is $62.36. The Childrens Place, Inc. has lost 2.78% in the last five trading days and dropped 1.34% in the last 4 weeks. The Childrens Place, Inc. is up 13.45% in the last 3-month period. Year-to-Date the stock performance stands at -1.29%.
Currently the company Insiders own 1.93% of Childrens Place, Inc. (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -39.76% . During last six month period, the net percent change held by insiders has seen a change of -40.46%. Company has reported several Insider transactions to the SEC, on Jan 17, 2017, Anurup Pruthi (SVP, Chief Financial Officer) sold 355 shares at 102.40 per share price.On Aug 24, 2016, Michael Scarpa (Chief Operating Officer) sold 15,463 shares at 85.47 per share price.On May 25, 2016, Joseph A Alutto (director) sold 15,000 shares at 74.28 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Williams Capital Group on Jan 6, 2017 to Buy, Raises Price Target to $ 117 from a previous price target of $107 .Company shares were Reiterated by Mizuho on Jan 5, 2017 to Buy, Raises Price Target to $ 110 from a previous price target of $105 .Company shares were Reiterated by FBR & Co. on Jan 4, 2017 to Outperform, Raises Price Target to $ 113 from a previous price target of $102 .
Childrens Place Inc Last issued its quarterly earnings results on Nov 17, 2016. The company reported $2.29 EPS for the quarter, beating the analyst consensus estimate by $ 0.27. Analyst had a consensus of $2.02. The company had revenue of $473.80 million for the quarter, compared to analysts expectations of $461.98 million. The companys revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.93 EPS.
The Childrens Place Retail Stores, Inc. is a growing specialty retailer of apparel and accessories for children from newborn to twelve years of age. The company designs, sources and markets the products under the proprietary The Childrens Place brand name for sale exclusively in the stores. The merchandising objective is to provide the customers with high-quality, fashionable products at prices that represent substantial value relative to the competitors.