Chico’s FAS, Inc. (NYSE:CHS)‘s stock had its “hold” rating reissued by equities researchers at KeyCorp in a research report issued to clients and investors on Friday.

Other equities research analysts also recently issued reports about the company. Wolfe Research downgraded Chico’s FAS from an “outperform” rating to a “market perform” rating in a report on Thursday, May 25th. UBS AG reaffirmed a “neutral” rating and set a $10.00 target price (down from $16.00) on shares of Chico’s FAS in a report on Thursday, May 25th. Telsey Advisory Group reduced their target price on Chico’s FAS from $15.00 to $12.00 and set a “market perform” rating for the company in a report on Thursday, May 25th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Chico’s FAS in a report on Thursday. Finally, FBR & Co reaffirmed a “buy” rating and set a $14.00 target price (down from $16.00) on shares of Chico’s FAS in a report on Thursday. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $12.77.

Shares of Chico’s FAS (NYSE CHS) opened at 7.68 on Friday. The stock has a market cap of $968.06 million, a PE ratio of 10.71 and a beta of 0.66. The company’s 50-day moving average price is $8.49 and its 200-day moving average price is $11.26. Chico’s FAS has a 52-week low of $7.29 and a 52-week high of $16.85.

Chico’s FAS (NYSE:CHS) last announced its earnings results on Wednesday, August 30th. The specialty retailer reported $0.18 EPS for the quarter, missing the consensus estimate of $0.21 by $0.03. Chico’s FAS had a net margin of 3.94% and a return on equity of 15.57%. The company had revenue of $578.60 million for the quarter, compared to analysts’ expectations of $578.58 million. During the same period in the prior year, the company earned $0.25 earnings per share. The company’s revenue for the quarter was down 9.0% on a year-over-year basis. Analysts expect that Chico’s FAS will post $0.67 earnings per share for the current year.

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In other Chico’s FAS news, Director Ross E. Roeder sold 10,000 shares of the company’s stock in a transaction dated Monday, June 12th. The stock was sold at an average price of $9.75, for a total value of $97,500.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 3.00% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of CHS. Bank of Montreal Can raised its position in shares of Chico’s FAS by 14.8% in the first quarter. Bank of Montreal Can now owns 22,098 shares of the specialty retailer’s stock valued at $314,000 after buying an additional 2,853 shares during the last quarter. Louisiana State Employees Retirement System raised its position in shares of Chico’s FAS by 2.2% in the first quarter. Louisiana State Employees Retirement System now owns 32,600 shares of the specialty retailer’s stock valued at $463,000 after buying an additional 700 shares during the last quarter. Hartford Investment Management Co. raised its position in shares of Chico’s FAS by 35.0% in the first quarter. Hartford Investment Management Co. now owns 16,200 shares of the specialty retailer’s stock valued at $230,000 after buying an additional 4,200 shares during the last quarter. Nationwide Fund Advisors raised its position in shares of Chico’s FAS by 4.1% in the first quarter. Nationwide Fund Advisors now owns 323,558 shares of the specialty retailer’s stock valued at $4,595,000 after buying an additional 12,842 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of Chico’s FAS by 9.8% in the first quarter. Janney Montgomery Scott LLC now owns 41,508 shares of the specialty retailer’s stock valued at $589,000 after buying an additional 3,711 shares during the last quarter.

About Chico’s FAS

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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