Shares of Chico’s FAS Inc. (NYSE:CHS) have earned a consensus recommendation of “Hold” from the twenty-two brokerages that are presently covering the company. Ten research analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $13.57.

CHS has been the topic of a number of recent research reports. Stifel Nicolaus restated a “hold” rating on shares of Chico’s FAS in a research report on Wednesday, September 7th. RBC Capital Markets restated an “outperform” rating and issued a $14.00 price target (up from $13.00) on shares of Chico’s FAS in a research report on Sunday, September 4th. Zacks Investment Research upgraded shares of Chico’s FAS from a “sell” rating to a “hold” rating in a research report on Monday, August 22nd. SunTrust Banks Inc. reduced their price target on shares of Chico’s FAS from $16.00 to $13.00 and set a “buy” rating on the stock in a research report on Friday, May 27th. Finally, Deutsche Bank AG restated a “hold” rating on shares of Chico’s FAS in a research report on Thursday, August 25th.

Several institutional investors have recently made changes to their positions in CHS. Fuller & Thaler Asset Management Inc. acquired a new position in shares of Chico’s FAS during the second quarter valued at about $100,000. Oakbrook Investments LLC boosted its position in shares of Chico’s FAS by 0.9% in the second quarter. Oakbrook Investments LLC now owns 10,700 shares of the company’s stock valued at $115,000 after buying an additional 100 shares during the last quarter. Marshall Wace LLP purchased a new position in shares of Chico’s FAS during the second quarter valued at approximately $117,000. Royal Bank of Canada boosted its position in shares of Chico’s FAS by 2,217.2% in the second quarter. Royal Bank of Canada now owns 11,331 shares of the company’s stock valued at $121,000 after buying an additional 10,842 shares during the last quarter. Finally, Princeton Alpha Management LP purchased a new position in shares of Chico’s FAS during the second quarter valued at approximately $142,000. 92.63% of the stock is currently owned by institutional investors.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/21/chicos-fas-inc-nysechs-receives-average-rating-of-hold-from-brokerages.html

Shares of Chico’s FAS (NYSE:CHS) remained flat at $11.98 on Wednesday. The stock had a trading volume of 498,424 shares. The firm has a 50 day moving average price of $11.91 and a 200 day moving average price of $11.86. Chico’s FAS has a 52 week low of $9.61 and a 52 week high of $16.56. The company has a market cap of $1.55 billion, a price-to-earnings ratio of 76.31 and a beta of 0.88.

Chico’s FAS (NYSE:CHS) last posted its quarterly earnings data on Tuesday, August 30th. The company reported $0.25 EPS for the quarter, beating the Zacks’ 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 firm had revenue of $635.70 million for the quarter, compared to the consensus estimate of $632.49 million. During the same period in the prior year, the firm posted $0.26 EPS. The firm’s revenue was down 7.0% compared to the same quarter last year. On average, analysts predict that Chico’s FAS will post $0.68 EPS for the current year.

Chico’s FAS Company Profile

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.

5 Day Chart for NYSE:CHS

Receive News & Ratings for Chico's FAS Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chico's FAS Inc. and related companies with MarketBeat.com's FREE daily email newsletter.