Today, the President & CEO of Children’s Place (NASDAQ: PLCE), Jane Elfers, sold shares of PLCE for $13.49M.
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Based on Children’s Place’s latest earnings report for the quarter ending July 31, the company posted quarterly revenue of $449 million and quarterly net profit of $7.49 million. In comparison, last year the company earned revenue of $374 million and had a net profit of $14.29 million. PLCE’s market cap is $2.33B and the company has a P/E ratio of 34.20. Currently, Children’s Place has an average volume of 672.7K.
Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $162.00, reflecting a 11.8% upside.
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The Children’s Place, Inc. engages in the provision of apparel, accessories and footwear for children. It also designs, contracts to manufacture and sell fashionable and value-priced merchandise under the brand names of The Children’s Place, Place and Baby Place. The company was founded in 1969 and is headquartered in Secaucus, NJ.
