The Children's Place, Inc. (NASDAQ:PLCE) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 18.3% in the past one-month time frame.
The move came after the company reported better-than-expected third-quarter 2017 results.
The company has seen a mixed track record when it comes to estimate revision of no increase and two decreases over the past few months, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
The Children's Place currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
A better-ranked stock in the Retail - Apparel and Shoes industryis American Eagle Outfitters, Inc. (NYSE:AEO) , holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
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