Professional
Added to YB: 2023-07-14
Pitch date: 2023-07-14
PLCE [bullish]
The Children's Place, Inc.
-87.48%
current return
Author Info
No bio for this author
Company Info
The Children's Place, Inc., together with its subsidiaries, operates as an omni-channel children’s specialty portfolio of brands in North America and internationally.
Market Cap
$71.5M
Pitch Price
$26.99
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.83
P/E
-0.80
EV/Sales
0.48
Sector
Specialty Retail
Category
turnaround
Choice Equities Capital new position: Children’s Place (PLCE)
PLCE: High cotton/freight costs hurt margins, but $150M+ EBITDA likely post-normalization given cost cuts & strong metrics. <2x normalized P/E in mild bull case. CEO bought $1M of stock, sees recovery after tough 2 years. Branded children's retailer with 15-year $150M+ EBITDA history ex-last 2.
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