Chico’s FAS, Inc. (NYSE:CHS) – Equities researchers at Jefferies Group raised their FY2018 EPS estimates for shares of Chico’s FAS in a research report issued on Wednesday. Jefferies Group analyst R. Konik now anticipates that the specialty retailer will post earnings per share of $0.60 for the year, up from their prior forecast of $0.59. Jefferies Group currently has a “Hold” rating and a $8.00 price objective on the stock. Jefferies Group also issued estimates for Chico’s FAS’s Q4 2018 earnings at $0.04 EPS.

Chico’s FAS (NYSE:CHS) last released its earnings results on Wednesday, August 30th. The specialty retailer reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.03). Chico’s FAS had a return on equity of 15.57% and a net margin of 3.94%. The firm had revenue of $578.60 million for the quarter, compared to analyst estimates of $578.58 million. During the same period last year, the business earned $0.25 earnings per share. The firm’s quarterly revenue was down 9.0% compared to the same quarter last year.

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Several other equities analysts have also weighed in on the stock. FBR & Co reissued a “buy” rating and issued a $14.00 price objective on shares of Chico’s FAS in a research report on Monday. ValuEngine downgraded shares of Chico’s FAS from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Citigroup Inc. reaffirmed a “buy” rating and set a $10.00 target price (down previously from $13.00) on shares of Chico’s FAS in a report on Friday, September 1st. KeyCorp reiterated a “hold” rating on shares of Chico’s FAS in a research note on Friday, September 1st. Finally, Deutsche Bank AG reiterated a “hold” rating and issued a $8.00 price target (down previously from $11.00) on shares of Chico’s FAS in a research note on Thursday, August 31st. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company’s stock. Chico’s FAS currently has a consensus rating of “Hold” and a consensus price target of $12.31.

Chico’s FAS (NYSE CHS) traded down 1.57% during trading on Monday, reaching $8.78. The company’s stock had a trading volume of 1,759,185 shares. The stock has a market cap of $1.10 billion, a P/E ratio of 12.25 and a beta of 0.68. Chico’s FAS has a 52-week low of $6.96 and a 52-week high of $16.85. The firm’s 50-day moving average is $8.15 and its 200-day moving average is $10.35.

A number of institutional investors have recently bought and sold shares of CHS. 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. lifted its position in shares of Chico’s FAS by 0.8% during 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 during the period. PNC Financial Services Group Inc. grew its holdings in shares of Chico’s FAS by 6.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 7,637 shares of the specialty retailer’s stock worth $109,000 after purchasing an additional 473 shares in the last quarter. Comerica Bank grew its holdings in shares of Chico’s FAS by 0.5% during the 2nd quarter. Comerica Bank now owns 101,736 shares of the specialty retailer’s stock worth $874,000 after purchasing an additional 507 shares in the last quarter. Finally, Advantus Capital Management Inc grew its holdings in shares of Chico’s FAS by 3.7% during the 1st quarter. Advantus Capital Management Inc now owns 16,543 shares of the specialty retailer’s stock worth $235,000 after purchasing an additional 583 shares in the last quarter.

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.

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

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