MKM Partners reaffirmed their neutral rating on shares of Chico’s FAS Inc. (NYSE:CHS) in a research note released on Wednesday morning. They currently have a $12.00 target price on the stock.

A number of other equities analysts have also recently issued reports on the stock. Oppenheimer Holdings Inc. reissued a hold rating on shares of Chico’s FAS in a research report on Wednesday, September 28th. Mizuho set a $15.00 price objective on shares of Chico’s FAS and gave the stock a buy rating in a research report on Thursday, September 29th. FBR & Co set a $17.00 price objective on shares of Chico’s FAS and gave the stock a buy rating in a research report on Thursday, September 29th. Jefferies Group reissued a hold rating and set a $11.00 price objective on shares of Chico’s FAS in a research report on Thursday, September 29th. Finally, Stifel Nicolaus reissued a hold rating on shares of Chico’s FAS in a research report on Wednesday, September 7th. Eleven analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Chico’s FAS currently has a consensus rating of Hold and a consensus price target of $13.26.

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

Shares of Chico’s FAS (NYSE:CHS) traded down 1.13% during trading on Wednesday, reaching $12.26. The company’s stock had a trading volume of 431,649 shares. The firm has a market cap of $1.58 billion, a PE ratio of 78.09 and a beta of 0.74. The stock’s 50 day moving average price is $12.20 and its 200-day moving average price is $11.82. Chico’s FAS has a 12 month low of $9.61 and a 12 month high of $14.88.

Chico’s FAS (NYSE:CHS) last released its quarterly earnings data on Tuesday, August 30th. The company reported $0.25 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.03. The company had revenue of $635.70 million for the quarter, compared to analysts’ expectations of $632.49 million. Chico’s FAS had a net margin of 0.84% and a return on equity of 14.41%. The business’s revenue was down 7.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.26 EPS. Equities analysts predict that Chico’s FAS will post $0.68 EPS for the current year.

Several institutional investors have recently made changes to their positions in the stock. Fox Run Management L.L.C. boosted its position in shares of Chico’s FAS by 30.1% in the third quarter. Fox Run Management L.L.C. now owns 24,200 shares of the company’s stock valued at $288,000 after buying an additional 5,600 shares in the last quarter. Macquarie Group Ltd. bought a new position in shares of Chico’s FAS during the second quarter valued at about $925,000. Mason Street Advisors LLC bought a new position in shares of Chico’s FAS during the second quarter valued at about $648,000. 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 in the last quarter. Finally, Sterling Capital Management LLC boosted its position in shares of Chico’s FAS by 1.2% in the second quarter. Sterling Capital Management LLC now owns 3,223,582 shares of the company’s stock valued at $34,525,000 after buying an additional 37,188 shares in the last quarter. Institutional investors own 92.63% of the company’s stock.

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

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