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PLCE - The Children's Place Is Being Fairly Priced By The Market
October, 05 2020 03:08 PM
Children's Place Inc. (The)
The company is working to reduce its store footprint, targeting 300 store closures by the end of fiscal 2021. While management’s actions to transition the company to a digital world are positive, we don’t see a clear growth path in PLCE. With the company trading at a forward P/E multiple of 13.8x, we believe PLCE is being fairly priced by the market. For further details see:
The Children's Place Is Being Fairly Priced By The Market
Stock Information
Company Name:
Children's Place Inc. (The)
Stock Symbol:
PLCE
Market:
NASDAQ
Website:
childrensplace.com
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