Alert: Major Price Decline (4/4/24)-The Childrens Place Inc (NASDAQ: PLCE).


On 4/4/24, The Childrens Place Inc (NASDAQ: PLCE) stock suffered a major decline of -11.2%, closing at $9.08. However, this decline was accompanied by below average trading volume at 68% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -21.0% during the last week.


Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, PLCE is expected to be Value Creation neutral.

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 46 but a very low Power Rating of 3, leading to the Lowest Value Trend Rating.

Rating Review

In light of this 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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