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PLCE $7.17

PLCE target price
7.17
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Children’s Place Inc.
Trading name
The Children's Place
Type
Public
Traded as NASDAQ: PLCE
S&P 600 Component
Industry Apparel
Founded 1969
Headquarters Secaucus, New Jersey
Products Children’s apparel and accessories
Revenue Decrease US$ 1.725 billion (2015)
Net income
Increase US$ 57.88 million (2015)
Total assets Decrease US$ 897.95 million (2015)
Number of employees
2,100 (2016)
Website www.childrensplace.com

Children's Place Inc. (doing business as The Children's Place) is an American specialty retailer of children’s apparel and accessories. The company also markets apparel under the Children's Place, Place, and Baby Place brand names.

As of October 31, 2015, the Company operated 1,085 stores in the United States, Canada and Puerto Rico, an online store at www.childrensplace.com, and had 90 international stores open and operated by its franchise partners in 12 countries.

The company was founded in 1969. They became publicly traded on the NASDAQ exchange in 1997 under the ticker symbol PLCE.

Between 2004 and 2007, the company owned and operated 335 Disney Stores through a subsidiary Hoop Holdings/Hoop Retail Stores LLC. Disney sold the chain for the cost of inventory to Children's Place subsidiary Hoop Holdings plus a 15-year licensing agreement. Mario Ciampi, senior vice president of store development and logistics, was named Hoop/Disney Store North America president. The company agreed to pump $100 million in operation upgrades and remodeling. Under the licensing agreement, a "royalty holiday" period existed until October 2006 to allow revamping of the stores. The royalty thereafter was 5% of store sales while online sales get Disney a 9% to 10% royalty. Hoop Holdings was able to write off the cost ($48 million) of the equipment and property received in the purchase.

Hoops saw progress with its strategy as open stores in 2006 for 11 month saw 15% increase in sales assisted by a better Disney box office results and the Disney Channel hit High School Musical. A store website would be up and running in April 2007.

In June 2007, the company began negotiations to sell the rights back to The Walt Disney Company. On March 26, 2008, Hoop Holdings/Hoop Retail Stores LLC and related subsidiaries of TCP that operated Disney Store retail locations filed for bankruptcy. Hoop obtained from Wells Fargo $35 million of debtor-in-possession financing and appointed Perry Mandarino of Traxi LLC, the Manhattan financial-restructuring company, as chief restructuring officer. On May 1, 2008, 231 Disney Stores in North America once again became the property of Disney, operating under the Disney Consumer Products arm.

On December 11, 2009, The Children's Place Retail Stores announced the appointment of former Lord & Taylor CEO Jane T. Elfers as President and Chief Executive Officer (CEO) of the company, effective January 4, 2010.

In the summer of 2013, the store withdrew a T-shirt from the stores with four options for "My best subjects" including "Shopping, Music, Dance and Math." While shopping, music, and dance were checked, math was left unchecked because as the T-shirt stated "Nobody’s perfect!"

There was a factory which produced Children's Place merchandise in the Rana Plaza building that collapsed just outside Dhaka, Bangladesh in April 2013. The company then joined Alliance for Bangladesh Worker Safety along with other North American apparel retailers, and former U.S. Senators George Mitchell and Olympia Snowe. The Alliance's mission is a five-year plan to improve conditions in Bangladeshi garment factories.

Children’s Place stores are divided into 6 specific size ranges sections: Big Girls and Big Boys (4-16), Toddler Girls and Toddler Boys (12 months-5T), and Baby Girls and Baby Boys (up to 7 lbs-12 months). Most of The Children’s Place stores are located in and around regional malls, but also include some strip shopping centers, outlets, and street stores. The majority of their stores are small, traditional mall stores, although some Children's Place outlets are in a big box format.

Places for kids in Dubai

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-11-16 Future report Set alerts
Q1 2023 2022-08-17 Future report Set alerts
Q2 2022 2022-08-17 -0.89 -0.89
Q4 2022 2022-03-09 3.02 3.02
Q1 2022 2021-05-20 3.25 3.25
Q4 2021 2021-03-09 1.01 1.01
Q3 2021 2020-11-19 1.44 1.44
Q2 2021 2020-08-25 -1.48 -1.48
Q2 2020 2020-08-25 -1.48 -3.19
Q1 2021 2020-06-11 -1.96 -1.96

Ratings

2016-05-26 Upgrade Goldman Sachs Buy $93.00
2016-05-26 Upgrade Goldman Sachs Group Inc. Buy $93.00
2016-05-18 Reiterated Rating Stifel Nicolaus Hold
2016-05-18 Reiterated Rating FBR & Co. Outperform $85.00
2016-05-18 Upgrade Goldman Sachs Neutral to Buy $74.00 to $73.00
2016-05-18 Reiterated Rating FBR & Co Outperform $85.00
2016-05-17 Reiterated Rating Stephens Equal Weight $80.00
2016-05-17 Reiterated Rating Morgan Stanley Overweight
2016-05-17 Reiterated Rating Mizuho Buy $85.00
2016-05-04 Initiated Coverage Off Wall Street Sell
2016-05-04 Downgrade Oppenheimer Outperform to Market Perform $82.00 to $72.00
2016-05-04 Downgrade Oppenheimer Holdings Inc. Outperform to Market Perform $82.00 to $72.00
2016-04-10 Reiterated Rating Goldman Sachs Neutral $74.00
2016-03-17 Upgrade Piper Jaffray Neutral to Overweight $69.00 to $92.00
2016-03-17 Upgrade Piper Jaffray Cos. Neutral to Overweight $69.00 to $92.00
2016-03-16 Boost Price Target BMO Capital Markets Market Perform $60.00 to $75.00
2016-03-16 Reiterated Rating Telsey Advisory Group Market Perform $65.00 to $83.00
2016-03-16 Reiterated Rating FBR & Co. Outperform $76.00 to $85.00
2016-03-15 Reiterated Rating Stifel Nicolaus Hold
2016-03-15 Boost Price Target Mizuho Buy $68.00 to $85.00
2016-03-15 Boost Price Target Topeka Capital Markets Buy $75.00 to $86.00
2016-03-14 Upgrade Wolfe Research Peer Perform to Outperform $82.00 to $80.00
2016-02-18 Boost Price Target Goldman Sachs Neutral $64.00 to $69.00
2016-01-19 Boost Price Target Susquehanna $69.00 to $76.00
2016-01-16 Reiterated Rating Oppenheimer Buy
2016-01-15 Boost Price Target Oppenheimer Outperform $64.00 to $68.00
2016-01-13 Initiated Coverage FBR & Co. Buy
2016-01-11 Upgrade Morgan Stanley Equal Weight to Overweight $58.00 to $89.00
2016-01-08 Reiterated Rating Piper Jaffray Neutral $61.00 to $63.00
2016-01-07 Boost Price Target Mizuho Buy $60.00 to $68.00
2015-12-10 Reiterated Rating Telsey Advisory Group Hold
2015-12-09 Lower Price Target Telsey Advisory Group Market Perform $70.00 to $61.00
2015-12-08 Reiterated Rating Stifel Nicolaus Hold
2015-12-07 Downgrade Wolfe Research Outperform to Peer Perform $54.00 to $57.00
2015-12-04 Lower Price Target Mizuho Buy $72.00 to $60.00
2015-10-27 Downgrade Bank of America Buy to Underperform $46.00
2015-10-27 Downgrade Bank of America Corp. Buy to Underperform $46.00
2015-09-28 Reiterated Rating FBR & Co. Outperform $76.00
2015-08-26 Reiterated Rating FIG Partners In-Line
2015-08-26 Upgrade Susquehanna Neutral to Positive $68.00 to $69.00
2015-08-25 Reiterated Rating Mizuho Buy to In-Line $72.00
2015-08-17 Initiated Coverage Wolfe Research Outperform $67.00
2015-08-10 Reiterated Rating Oppenheimer Outperform $64.00
2015-06-30 Reiterated Rating Mizuho Buy $72.00
2015-05-26 Downgrade Piper Jaffray Overweight to Neutral $76.00 to $72.00
2015-05-16 Reiterated Rating Stifel Nicolaus Hold
2015-05-15 Reiterated Rating FBR & Co. Outperform $70.00 to $76.00
2015-05-14 Boost Price Target Topeka Capital Markets Buy $72.00 to $75.00
2015-05-11 Reiterated Rating Citigroup Inc. Neutral $66.00 to $69.00
2015-05-10 Reiterated Rating Sterne Agee CRT Neutral $60.00 to $70.00
2015-05-10 Reiterated Rating BMO Capital Markets Market Perform $64.00
2015-05-09 Reiterated Rating Topeka Capital Markets Buy $68.00 to $72.00
2015-05-08 Boost Price Target Maxim Group Hold $51.00 to $60.00
2015-05-07 Boost Price Target Telsey Advisory Group Market Perform $62.00 to $70.00
2015-05-06 Upgrade Goldman Sachs Sell to Neutral $49.00 to $64.00
2015-05-06 Reiterated Rating Stifel Nicolaus Hold
2015-05-06 Boost Price Target Mizuho Buy $69.00 to $72.00
2015-03-13 Downgrade Citigroup Inc. Buy to Neutral
2015-03-13 Boost Price Target Janney Montgomery Scott Neutral $59.00 to $61.00
2015-03-13 Boost Price Target Telsey Advisory Group Market Perform $58.00 to $62.00
2015-03-10 Lower Price Target Mizuho Buy $66.00 to $64.00
2015-03-02 Reiterated Rating Oppenheimer Outperform $64.00
2015-02-19 Downgrade Maxim Group Buy to Hold $51.00 to $60.00
2015-01-13 Boost Price Target FBR & Co. Outperform $60.00 to $70.00
2015-01-09 Boost Price Target CRT Capital Fairly Valued $54.00 to $59.00
2015-01-09 Boost Price Target Mizuho Buy $58.00 to $66.00
2015-01-09 Boost Price Target Topeka Capital Markets Buy $60.00 to $68.00
2014-11-13 Initiated Coverage Sterne Agee CRT Neutral $51.00
2014-08-22 Reiterated Rating Citigroup Inc. Buy $59.00 to $61.00
2014-08-22 Boost Price Target Telsey Advisory Group Not Rated $55.00 to $58.00
2014-08-18 Reiterated Rating JPMorgan Chase & Co. Neutral $54.00 to $52.00
2014-06-18 Reiterated Rating Maxim Group Buy
2014-06-12 Initiated Coverage CRT Capital Fair Value $52.00
2014-06-10 Reiterated Rating Citigroup Inc. Buy $56.00 to $59.00
2014-05-23 Upgrade Buckingham Research Neutral to Buy $52.00 to $55.00
2014-05-20 Lower Price Target Goldman Sachs $36.00
2014-04-11 Boost Price Target FBR & Co. Positive to Buy
2014-03-11 Lower Price Target Susquehanna $57.00 to $52.00
2014-03-07 Lower Price Target Oppenheimer Outperform $65.00 to $60.00
2014-03-07 Lower Price Target Telsey Advisory Group Not Rated $60.00 to $55.00
2014-02-13 Initiated Coverage Buckingham Research Buy to Neutral
2014-02-13 Upgrade Piper Jaffray Neutral to Overweight $54.00 to $62.00
2014-01-14 Boost Price Target FBR & Co. Outperform $62.00 to $65.00
2013-12-11 Upgrade FBR & Co. Market Perform to Outperform $54.00 to $62.00
2013-11-27 Reiterated Rating Maxim Group Buy $62.00
2013-11-21 Downgrade Monness Crespi & Hardt Buy to Neutral
2013-11-19 Initiated Coverage Stephens Equal Weight
2013-11-15 Initiated Coverage Mizuho Buy
2013-08-23 Reiterated Monness Crespi & Hardt Buy $59 to $63
2013-05-29 Reiterated Imperial Capital In-line $50 to $53
2013-05-24 Reiterated Janney Neutral $48 to $55
2013-04-17 Initiated Maxim Group Buy $57
2013-02-25 Downgrade Janney Buy to Neutral $59 to $49
2012-11-16 Reiterated Monness Crespi & Hardt Buy $64 to $59
2012-10-15 Downgrade Caris & Company Buy to Above Average $62 to $67
2012-10-12 Reiterated FBR Capital Mkt Perform $55 to $60
2016-05-26 Upgrade Goldman Sachs Buy $93.00
2016-05-26 Upgrade Goldman Sachs Group Inc. Buy $93.00
2016-05-18 Reiterated Rating Stifel Nicolaus Hold
2016-05-18 Reiterated Rating FBR & Co. Outperform $85.00
2016-05-18 Upgrade Goldman Sachs Neutral to Buy $74.00 to $73.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
ELFERS JANE T President and CEO 1.12%  (241491) PLCE /
LEVY NATALIE EVE EVP, Merchandising & Design 0.44%  (95598) PLCE /
SCARPA MICHAEL EVP, Chief Financial Officer 0.26%  (56892) PLCE /
POOLE GREGORY I SVP, Global Sourcing 0.25%  (53688) PLCE /
MATTHEWS NORMAN S Chairman of The Board 0.24%  (52743) HSIC / PLCE / SPB /
ALUTTO JOSEPH A 0.16%  (33447) MHO / PLCE /
LOW KEVIN SVP, Store Operations 0.13%  (28048) PLCE /
PRUTHI ANURUP See Remarks 0.13%  (28047) PLCE /
COST BRADLEY P SEE REMARKS 0.10%  (22204) PLCE /
GROMEK JOSEPH R 0.08%  (18133) GES / PLCE / TUMI / WWW /
Fisch Robert 0.08%  (17837) PLCE /
Wallack Pamela B President, Global Product 0.08%  (16426) PLCE /
LIPSCHITZ LOUIS 0.07%  (14895) COOL / FORD / NWY / PLCE /
MCCLURE LAWRENCE D SVP, Human Resources 0.06%  (13216) PLCE /
REISS KENNETH 0.05%  (9735) HAR / PLCE / WTSL /
IANNONE JAMIE 0.04%  (7677) BKS / PLCE /
Griffith Susan Patricia 0.03%  (6552) FDX / PGR / PLCE /
Sobbott Susan 0.03%  (6339) AXP / PLCE /
Sullivan John J. Chief Transformation Officer 0.02%  (5029) ASNA / PLCE /
REYNOLDS STANLEY 0.02%  (4761) PLCE /
METTLER ROBERT L 0.02%  (3633) BHAC / JNY / PLCE / SMRT / ZQK /
BECK MARLA MALCOLM 0.02%  (3289) PLCE /
BACHMAN JOHN E. 0.01%  (2082) PLCE / WEX /