Chico’s FAS, Inc. (NYSE:CHS) has been given a $11.00 price target by investment analysts at Jefferies Group LLC in a research note issued on Friday. The brokerage currently has a “hold” rating on the specialty retailer’s stock. Jefferies Group LLC’s price objective indicates a potential upside of 39.77% from the company’s current price.

Several other analysts have also recently commented on CHS. UBS AG restated a “neutral” rating and set a $10.00 price target (down from $16.00) on shares of Chico’s FAS in a report on Thursday, May 25th. Royal Bank Of Canada restated a “buy” rating and set a $12.00 price target on shares of Chico’s FAS in a report on Thursday. TheStreet cut shares of Chico’s FAS from a “b-” rating to a “c+” rating in a report on Tuesday, June 6th. BidaskClub cut shares of Chico’s FAS from a “hold” rating to a “sell” rating in a report on Saturday, August 12th. Finally, Wolfe Research cut shares of Chico’s FAS from an “outperform” rating to a “market perform” rating in a research note on Thursday, May 25th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $13.43.

Chico’s FAS (NYSE:CHS) traded up 0.25% during trading on Friday, reaching $7.89. 1,243,746 shares of the company’s stock were exchanged. Chico’s FAS has a 52 week low of $7.72 and a 52 week high of $16.85. The stock has a market capitalization of $994.53 million, a price-to-earnings ratio of 11.00 and a beta of 0.66. The company’s 50 day moving average price is $8.86 and its 200-day moving average price is $11.67.

Chico’s FAS (NYSE:CHS) last posted its quarterly earnings results on Wednesday, May 24th. The specialty retailer reported $0.26 EPS for the quarter, missing the consensus estimate of $0.29 by $0.03. The company had revenue of $583.70 million for the quarter, compared to analyst estimates of $624.75 million. Chico’s FAS had a return on equity of 17.36% and a net margin of 3.86%. The business’s revenue for the quarter was down 9.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.25 earnings per share. On average, equities analysts expect that Chico’s FAS will post $0.79 EPS for the current year.

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In other Chico’s FAS news, Director Ross E. Roeder sold 5,000 shares of the business’s stock in a transaction on Thursday, June 1st. The shares were sold at an average price of $9.50, for a total value of $47,500.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Ross E. Roeder sold 10,000 shares of the business’s stock in a transaction on Monday, June 12th. The shares were sold at an average price of $9.75, for a total transaction of $97,500.00. The disclosure for this sale can be found here. Insiders own 3.00% of the company’s stock.

A number of large investors have recently made changes to their positions in CHS. PNC Financial Services Group Inc. raised its stake in shares of Chico’s FAS by 6.6% in the first quarter. PNC Financial Services Group Inc. now owns 7,637 shares of the specialty retailer’s stock valued at $109,000 after buying an additional 473 shares during the period. TrimTabs Asset Management LLC raised its stake in shares of Chico’s FAS by 88.9% in the first quarter. TrimTabs Asset Management LLC now owns 8,670 shares of the specialty retailer’s stock valued at $123,000 after buying an additional 4,080 shares during the period. Engineers Gate Manager LP acquired a new stake in shares of Chico’s FAS during the first quarter valued at about $142,000. Accredited Investors Inc. acquired a new stake in shares of Chico’s FAS during the first quarter valued at about $142,000. Finally, Ronald Blue & Co. LLC acquired a new stake in shares of Chico’s FAS during the first quarter valued at about $147,000.

Chico’s FAS Company Profile

Chico’s FAS, Inc is an omni-channel specialty retailer of women’s private branded, casual-to-dressy clothing, intimates and accessories, operating under the Chico’s, White House Black Market (WHBM) and Soma brand names. The Company is also engaged in the sale of merchandise in its domestic and international retail stores.

Analyst Recommendations for Chico`s FAS (NYSE:CHS)

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