Chico’s FAS Inc. (NYSE:CHS)‘s stock had its “hold” rating reiterated by analysts at Oppenheimer Holdings Inc. in a research note issued to investors on Tuesday.

Other equities research analysts also recently issued reports about the stock. Jefferies Group reiterated a “hold” rating on shares of Chico’s FAS in a research note on Monday, August 1st. Zacks Investment Research downgraded shares of Chico’s FAS from a “hold” rating to a “sell” rating in a research note on Wednesday, July 27th. FBR & Co restated an “outperform” rating and set a $17.00 target price on shares of Chico’s FAS in a research report on Saturday, September 3rd. Mizuho boosted their target price on shares of Chico’s FAS from $13.00 to $15.00 and gave the company a “buy” rating in a research report on Wednesday, August 31st. Finally, Stifel Nicolaus restated a “hold” rating on shares of Chico’s FAS in a research report on Tuesday, August 30th. Eleven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $14.21.

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

Shares of Chico’s FAS (NYSE:CHS) opened at 15.58 on Tuesday. The firm has a 50-day moving average price of $12.66 and a 200-day moving average price of $11.82. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of 99.24 and a beta of 0.73. Chico’s FAS has a 52 week low of $9.61 and a 52 week high of $16.07.

Chico’s FAS (NYSE:CHS) last posted its quarterly earnings data on Tuesday, November 22nd. The company reported $0.20 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.07. Chico’s FAS had a net margin of 0.84% and a return on equity of 14.41%. The business earned $596.90 million during the quarter, compared to the consensus estimate of $610.83 million. During the same period in the previous year, the firm posted $0.13 earnings per share. The business’s revenue for the quarter was down 6.9% compared to the same quarter last year. On average, equities analysts anticipate that Chico’s FAS will post $0.71 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 19th. Investors of record on Monday, December 5th will be paid a dividend of $0.08 per share. The ex-dividend date is Thursday, December 1st. This represents a $0.32 annualized dividend and a yield of 2.05%. Chico’s FAS’s dividend payout ratio is presently 213.33%.

A number of hedge funds have recently made changes to their positions in CHS. Panagora Asset Management Inc. boosted its stake in shares of Chico’s FAS by 15.0% in the first quarter. Panagora Asset Management Inc. now owns 997,124 shares of the company’s stock valued at $13,232,000 after buying an additional 129,736 shares in the last quarter. First Republic Investment Management Inc. boosted its stake in shares of Chico’s FAS by 6.0% in the first quarter. First Republic Investment Management Inc. now owns 44,785 shares of the company’s stock valued at $593,000 after buying an additional 2,553 shares in the last quarter. Boothbay Fund Management LLC acquired a new stake in shares of Chico’s FAS during the first quarter valued at about $322,000. BNP Paribas Arbitrage SA boosted its stake in shares of Chico’s FAS by 1,668.2% in the second quarter. BNP Paribas Arbitrage SA now owns 158,497 shares of the company’s stock valued at $1,698,000 after buying an additional 149,533 shares in the last quarter. Finally, Fox Run Management L.L.C. acquired a new stake in shares of Chico’s FAS during the second quarter valued at about $199,000. 90.90% of the stock is owned by institutional investors.

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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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