Stock Market Watch

Children’s Place Retail Stores – Delivered solid financial results for the quarter

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Children’s Place Retail Stores, Inc. (NASDAQ:PLCE). Last Market Price: 51.44, Change: +6.44, % Change: (14.31%). Shares trade in the range of 50.50 – 52.17 dollars. It has a market capitalization of 1.30B dollars, making it a Small Cap Stock and has 25.18M outstanding shares. The company has a beta of 0.9, indicating, the stock to be less volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 3.1; P/E of 16.58 indicating, that the stock price to be fair valued. It operates in Services sector and belongs to Retail (Apparel) industry. Percentage shares held by institutional investors is 120%. The company has a 52 week Price range (low – high) of $ 36.96 – 55.90. Average volumes of shares traded daily are 567,879. Volume traded in the last session was at 1,950,000, 3.43 times the average volume.

  • Reports Q3 (Oct)
    • EPS of $1.33, better than the estimates
    • Revenues rose 6.8% year on year to $484.1 million
  • Company issues guidance for Q4, sees EPS of $1.19-1.24
  • States: The Children’s Place delivered solid financial results for the quarter, including positive comparable retail sales, accelerated total sales growth, continued gross margin expansion and a strong earnings per share increase.

For Q3 (Jul ’11), It had a Net profit margin of -2.85%, an Operating margin of -4.59%. Other Key stats and ratios are : Return on average assets of -4.51%, Return on average equity of -6.35%. The organization has an employee strength of 4,800

Consensus Recommendation is a Outperform.


Estimate for sales for the Year Ending Jan-12 show a mean of 1,724.79 million dollars, an estimate high of 1,785.00 million dollars and an estimate low of 1,697.60 million dollars. A year ago the figures stood at 1,812.12 million dollars.

Estimate for sales for the Year Ending Jan-13 show a mean of 1,846.65 million dollars, an estimate high of 1,951.30 million dollars and an estimate low of 1,800.00 million dollars. A year ago the figures stood at 1,993.32 million dollars.

Estimate for EPS for the Year Ending Jan-12 show a mean of 3.25 dollars, an estimate high of 3.75 dollars and an estimate low of 3.03 dollars. A year ago the figures stood at 3.35 dollars.

Estimate for EPS for the Year Ending Jan-13 show a mean of 3.79 dollars, an estimate high of 4.05 dollars and an estimate low of 3.49 dollars. A year ago the figures stood at 4.10 dollars.

Sales for Quarter Ending Jul-11 was estimated at 357.08 million dollars, however the actual sales figure stood at 343.51 million dollars, 13.57 million dollars less than estimates.

Sales for Quarter Ending Apr-11 was estimated at 431.68 million dollars, however the actual sales figure stood at 430.81 million dollars, 0.88 million dollars less than estimates.

edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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