CHS has been the topic of several other reports. Stifel Nicolaus reissued a hold rating on shares of Chico’s FAS in a research report on Wednesday, September 7th. RBC Capital Markets reaffirmed an outperform rating and issued a $14.00 target price (up previously from $13.00) on shares of Chico’s FAS in a report on Sunday, September 4th. Zacks Investment Research raised shares of Chico’s FAS from a sell rating to a hold rating in a report on Monday, August 22nd. Deutsche Bank AG reaffirmed a hold rating on shares of Chico’s FAS in a report on Thursday, August 25th. Finally, Piper Jaffray Cos. lifted their target price on shares of Chico’s FAS from $13.00 to $14.00 and gave the company an overweight rating in a report on Wednesday, August 31st. Eleven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Chico’s FAS presently has a consensus rating of Hold and a consensus target price of $13.26.
Shares of Chico’s FAS (NYSE:CHS) opened at 11.89 on Thursday. The stock has a market cap of $1.54 billion, a PE ratio of 75.73 and a beta of 0.74. Chico’s FAS has a 52 week low of $9.61 and a 52 week high of $15.39. The company’s 50-day moving average is $12.09 and its 200 day moving average is $11.82.
Chico’s FAS (NYSE:CHS) last issued its quarterly earnings data on Tuesday, August 30th. The company reported $0.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.03. Chico’s FAS had a net margin of 0.84% and a return on equity of 14.41%. The company had revenue of $635.70 million for the quarter, compared to the consensus estimate of $632.49 million. During the same period last year, the firm posted $0.26 EPS. Chico’s FAS’s revenue for the quarter was down 7.0% on a year-over-year basis. Analysts forecast that Chico’s FAS will post $0.68 earnings per share for the current fiscal year.
Several institutional investors have recently bought and sold shares of CHS. BNP Paribas Arbitrage SA raised its position in Chico’s FAS by 1,668.2% in the second quarter. BNP Paribas Arbitrage SA now owns 158,497 shares of the company’s stock worth $1,698,000 after buying an additional 149,533 shares in the last quarter. Deprince Race & Zollo Inc. raised its position in Chico’s FAS by 21.0% in the second quarter. Deprince Race & Zollo Inc. now owns 2,810,591 shares of the company’s stock worth $30,101,000 after buying an additional 487,852 shares in the last quarter. Bayesian Capital Management LP purchased a new position in Chico’s FAS during the first quarter worth $449,000. Schonfeld Strategic Advisors LLC purchased a new position in Chico’s FAS during the first quarter worth $365,000. Finally, Brave Asset Management Inc raised its position in Chico’s FAS by 17.2% in the second quarter. Brave Asset Management Inc now owns 13,650 shares of the company’s stock worth $146,000 after buying an additional 2,000 shares in the last quarter. 92.63% of the stock is owned by institutional investors and hedge funds.
About Chico’s FAS
Chico’s FAS, Inc is a specialty retailer of women’s private branded, casual-to-dressy clothing, intimates, complementary accessories and other non-clothing items operating under the Chico’s, White House Black Market (WHBM) and Soma brand names. The Company’s brands are specialty retailers of private label women’s apparel and related products.
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