Back to top

Image: Bigstock

Children's Place (PLCE) Surges: Stock Moves 8.3% Higher

Read MoreHide Full Article

The Children's Place, Inc. (PLCE - Free Report) was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $54.31–$81.18 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Children's Place currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is negative.

Investors interested in the Retail - Apparel and Shoes industry may consider a better-ranked stock like Boot Barn Holdings, Inc. (BOOT - Free Report) , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
 
Is PLCE going up? Or down? Predict to see what others think:Up or Down

Breakout Biotech Stocks with Triple-Digit Profit Potential

The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.

Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +98%, +119% and +164% in as little as 1 month. The stocks in this report could perform even better.

See these 7 breakthrough stocks now>>


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


The Children's Place, Inc. (PLCE) - free report >>

Boot Barn Holdings, Inc. (BOOT) - free report >>