Chico’s FAS Inc. (NYSE:CHS) – Equities researchers at Jefferies Group dropped their Q4 2017 EPS estimates for Chico’s FAS in a research note issued on Tuesday. Jefferies Group analyst R. Konik now forecasts that the brokerage will earn $0.00 per share for the quarter, down from their previous estimate of $0.04. Jefferies Group currently has a “Hold” rating and a $11.00 target price on the stock. Jefferies Group also issued estimates for Chico’s FAS’s Q4 2018 earnings at $0.02 EPS.

Other research analysts have also issued reports about the company. Zacks Investment Research raised Chico’s FAS from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a research report on Monday, October 24th. Mizuho set a $15.00 price target on Chico’s FAS and gave the company a “buy” rating in a research report on Thursday, September 29th. FBR & Co set a $17.00 target price on Chico’s FAS and gave the stock a “buy” rating in a research report on Thursday, September 29th. Citigroup Inc. raised Chico’s FAS from a “neutral” rating to a “buy” rating and upped their target price for the stock from $13.00 to $16.00 in a research report on Monday, November 14th. Finally, Stifel Nicolaus reaffirmed a “hold” rating on shares of Chico’s FAS in a research report on Tuesday, August 30th. Ten investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $14.37.

Earnings History and Estimates for Chico`s FAS (NYSE:CHS)

Chico’s FAS (NYSE:CHS) traded up 0.5359% during midday trading on Thursday, reaching $15.6635. The company’s stock had a trading volume of 238,450 shares. The stock has a 50 day moving average of $12.66 and a 200 day moving average of $11.82. Chico’s FAS has a 52 week low of $9.61 and a 52 week high of $16.07. The firm has a market capitalization of $2.02 billion, a PE ratio of 99.7675 and a beta of 0.73.

Chico’s FAS (NYSE:CHS) last posted its quarterly earnings data on Tuesday, November 22nd. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.07. Chico’s FAS had a return on equity of 16.23% and a net margin of 2.24%. The company had revenue of $596.90 million for the quarter, compared to the consensus estimate of $610.83 million. During the same period in the previous year, the business earned $0.13 EPS. Chico’s FAS’s revenue for the quarter was down 6.9% compared to the same quarter last year.

The firm also recently announced 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 of this dividend is Thursday, December 1st. This represents a $0.32 annualized dividend and a yield of 2.05%. Chico’s FAS’s payout ratio is 76.19%.

A number of hedge funds have recently made changes to their positions in CHS. LS Investment Advisors LLC increased its stake in shares of Chico’s FAS by 5.5% in the third quarter. LS Investment Advisors LLC now owns 8,756 shares of the company’s stock valued at $104,000 after buying an additional 455 shares during the last quarter. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Chico’s FAS during the second quarter worth approximately $100,000. Nine Chapters Capital Management LLC purchased a new stake in shares of Chico’s FAS during the third quarter worth approximately $125,000. Oakbrook Investments LLC increased its stake in shares of Chico’s FAS by 0.9% in the second quarter. Oakbrook Investments LLC now owns 10,700 shares of the company’s stock worth $115,000 after buying an additional 100 shares in the last quarter. Finally, World Asset Management Inc purchased a new stake in shares of Chico’s FAS during the third quarter worth approximately $128,000. Hedge funds and other institutional investors own 90.90% of the company’s stock.

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About Chico’s FAS

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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