Chico’s FAS, Inc. (NYSE:CHS) has received an average rating of “Hold” from the nineteen research firms that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $12.00.

Several research firms have recently issued reports on CHS. Telsey Advisory Group decreased their price target on Chico’s FAS from $15.00 to $12.00 and set a “market perform” rating for the company in a research note on Thursday, May 25th. Wolfe Research downgraded Chico’s FAS from an “outperform” rating to a “market perform” rating in a research note on Thursday, May 25th. UBS AG reiterated a “neutral” rating and set a $10.00 price target (down previously from $16.00) on shares of Chico’s FAS in a research note on Thursday, May 25th. Royal Bank Of Canada set a $16.00 price target on Chico’s FAS and gave the stock a “buy” rating in a research note on Tuesday, May 16th. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $11.00 price target on shares of Chico’s FAS in a research note on Thursday, July 6th.

In other Chico’s FAS news, Director Ross E. Roeder sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $9.75, for a total value of $97,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.80% of the company’s stock.

A number of institutional investors have recently bought and sold shares of the business. State Board of Administration of Florida Retirement System raised its holdings in Chico’s FAS by 0.3% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 129,423 shares of the specialty retailer’s stock valued at $1,219,000 after acquiring an additional 413 shares in the last quarter. Liberty Mutual Group Asset Management Inc. raised its holdings in Chico’s FAS by 0.8% in the 1st quarter. Liberty Mutual Group Asset Management Inc. now owns 58,215 shares of the specialty retailer’s stock valued at $826,000 after acquiring an additional 461 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in Chico’s FAS by 6.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 7,637 shares of the specialty retailer’s stock valued at $109,000 after acquiring an additional 473 shares in the last quarter. State Treasurer State of Michigan raised its holdings in Chico’s FAS by 1.0% in the 1st quarter. State Treasurer State of Michigan now owns 52,500 shares of the specialty retailer’s stock valued at $746,000 after acquiring an additional 500 shares in the last quarter. Finally, Comerica Bank raised its holdings in Chico’s FAS by 0.5% in the 2nd quarter. Comerica Bank now owns 101,736 shares of the specialty retailer’s stock valued at $874,000 after acquiring an additional 507 shares in the last quarter.

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Shares of Chico’s FAS (CHS) traded down 0.99% during midday trading on Tuesday, hitting $8.01. The company had a trading volume of 2,429,518 shares. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 11.17 and a beta of 0.63. The company’s 50 day moving average is $8.47 and its 200 day moving average is $11.22. Chico’s FAS has a one year low of $6.96 and a one year high of $16.85.

Chico’s FAS (NYSE:CHS) last released its quarterly earnings results on Wednesday, August 30th. The specialty retailer reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by $0.03. The company had revenue of $578.60 million for the quarter, compared to the consensus estimate of $578.58 million. Chico’s FAS had a return on equity of 15.57% and a net margin of 3.94%. The business’s revenue was down 9.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.25 EPS. Equities analysts forecast that Chico’s FAS will post $0.67 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Monday, September 11th will be issued a $0.0825 dividend. The ex-dividend date of this dividend is Friday, September 8th. This represents a $0.33 annualized dividend and a yield of 4.12%. Chico’s FAS’s dividend payout ratio (DPR) is 45.83%.

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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