Chico’s FAS, Inc. (CHS) Scheduled to Post Earnings on Tuesday
Chico’s FAS, Inc. (NYSE:CHS) will be posting its quarterly earnings results before the market opens on Tuesday, August 29th. Analysts expect Chico’s FAS to post earnings of $0.21 per share for the quarter.
Chico’s FAS (NYSE:CHS) last announced its earnings results on Wednesday, May 24th. The specialty retailer reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm’s revenue for the quarter was down 9.2% on a year-over-year basis. During the same period last year, the firm earned $0.25 earnings per share. On average, analysts expect Chico’s FAS to post $0.79 EPS for the current fiscal year and $0.87 EPS for the next fiscal year.
Shares of Chico’s FAS, Inc. (NYSE CHS) opened at 7.61 on Tuesday. The stock’s 50 day moving average price is $8.76 and its 200-day moving average price is $11.56. The firm has a market capitalization of $959.24 million, a price-to-earnings ratio of 10.61 and a beta of 0.66. Chico’s FAS, Inc. has a 12 month low of $7.52 and a 12 month high of $16.85.
The business also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Stockholders of record on Monday, September 11th will be given a $0.0825 dividend. The ex-dividend date of this dividend is Friday, September 8th. This represents a $0.33 annualized dividend and a dividend yield of 4.34%. Chico’s FAS’s dividend payout ratio is currently 46.48%.
Several research firms have recently issued reports on CHS. Jefferies Group LLC set a $14.00 price target on Chico’s FAS and gave the stock a “hold” rating in a research report on Thursday, May 4th. Royal Bank Of Canada set a $16.00 price target on Chico’s FAS and gave the stock a “buy” rating in a research report on Tuesday, May 16th. Zacks Investment Research lowered Chico’s FAS from a “hold” rating to a “sell” rating in a research report on Thursday, May 18th. Wolfe Research lowered Chico’s FAS from an “outperform” rating to a “market perform” rating in a research report on Thursday, May 25th. Finally, Telsey Advisory Group reduced their price target on Chico’s FAS from $15.00 to $12.00 and set a “market perform” rating on the stock in a research report on Thursday, May 25th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and six have given a buy rating to the company. Chico’s FAS presently has a consensus rating of “Hold” and a consensus target price of $13.43.
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In other Chico’s FAS news, Director Ross E. Roeder sold 5,000 shares of Chico’s FAS stock in a transaction dated Thursday, June 1st. The stock was sold at an average price of $9.50, for a total value of $47,500.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Ross E. Roeder sold 10,000 shares of Chico’s FAS stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $9.75, for a total value of $97,500.00. The disclosure for this sale can be found here. Company insiders own 1.80% of the company’s stock.
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.
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