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Shares of Chico's FAS (NYSE:CHS) hit a new 52-week low during trading on Friday , AnalystRatings.NET reports. The stock traded as low as $14.80 and last traded at $14.88, with a volume of 663,166 shares trading hands. The stock had previously closed at $15.11.

A number of research firms have recently commented on CHS. Analysts at Maxim Group cut their price target on shares of Chico's FAS from $21.00 to $19.00 in a research note on Tuesday, June 10th. They now have a “buy” rating on the stock. Analysts at TheStreet downgraded shares of Chico's FAS from a “buy” rating to a “hold” rating in a research note on Tuesday, June 3rd. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Chico's FAS currently has a consensus rating of “Buy” and an average price target of $19.60.

The stock’s 50-day moving average is $16.21 and its 200-day moving average is $16.23. The company has a market cap of $2.209 billion and a P/E ratio of 43.54.

Chico's FAS (NYSE:CHS) last released its earnings data on Wednesday, May 28th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.02. The company had revenue of $681.60 million for the quarter, compared to the consensus estimate of $681.42 million. During the same quarter in the previous year, the company posted $0.32 earnings per share. The company’s revenue for the quarter was up 1.6% on a year-over-year basis. On average, analysts predict that Chico's FAS will post $0.83 earnings per share for the current fiscal year.

Chico’s FAS, Inc is a specialty retailer of private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing gift items under the Chico’s, White House / Black Market (NYSE:CHS) and Soma Intimates (Soma) brand names.

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