As anticipation builds for the upcoming earnings report, options activity surrounding The Children's Place (PLCE, Financial) remains steady, with a notable preference for call options over puts at a ratio of 9:2. This indicates a possible optimistic outlook among traders ahead of the release.
The implied volatility for PLCE suggests that the market expects a significant fluctuation of approximately 17.0%, equivalent to a $1.13 price change, following the earnings announcement. This anticipated movement is notably higher compared to the historical median movement of 2.2% observed over the past eight quarters, highlighting increased investor anticipation and potential for volatility.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Children's Place Inc (PLCE, Financial) is $8.00 with a high estimate of $8.00 and a low estimate of $8.00. The average target implies an upside of 23.27% from the current price of $6.49. More detailed estimate data can be found on the Children's Place Inc (PLCE) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Children's Place Inc's (PLCE, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Children's Place Inc (PLCE, Financial) in one year is $22.02, suggesting a upside of 239.29% from the current price of $6.49. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Children's Place Inc (PLCE) Summary page.
