KeyCorp reissued their hold rating on shares of Chico’s FAS, Inc. (NYSE:CHS) in a research note released on Wednesday.

A number of other brokerages have also recently issued reports on CHS. FBR & Co reaffirmed a buy rating and set a $14.00 target price (down previously from $16.00) on shares of Chico’s FAS in a research report on Thursday, August 31st. Royal Bank Of Canada reaffirmed a buy rating on shares of Chico’s FAS in a research report on Thursday, August 31st. ValuEngine raised Chico’s FAS from a hold rating to a buy rating in a research report on Thursday, July 6th. 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 research report on Friday, September 1st. Finally, Zacks Investment Research raised Chico’s FAS from a strong sell rating to a hold rating in a research report on Tuesday, July 25th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company. Chico’s FAS currently has a consensus rating of Hold and an average target price of $11.67.

Chico’s FAS (NYSE CHS) opened at 7.47 on Wednesday. The firm has a market capitalization of $938.55 million, a PE ratio of 10.42 and a beta of 0.68. Chico’s FAS has a 12 month low of $6.96 and a 12 month high of $16.85. The firm’s 50-day moving average is $8.29 and its 200-day moving average is $10.04.

Chico’s FAS (NYSE:CHS) last released its quarterly earnings data on Wednesday, August 30th. The specialty retailer reported $0.18 EPS 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 during the quarter, compared to analyst estimates of $578.58 million. During the same quarter in the prior year, the company posted $0.25 EPS. The company’s quarterly revenue was down 9.0% on a year-over-year basis. On average, equities research analysts expect that Chico’s FAS will post $0.65 EPS for the current year.

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Several institutional investors and hedge funds have recently bought and sold shares of the company. State Board of Administration of Florida Retirement System boosted its position in shares of Chico’s FAS by 0.3% in the second 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 during the period. Liberty Mutual Group Asset Management Inc. boosted its position in shares of Chico’s FAS by 0.8% in the first 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. boosted its position in shares of Chico’s FAS by 6.6% in the first quarter. PNC Financial Services Group Inc. now owns 7,637 shares of the specialty retailer’s stock valued at $109,000 after acquiring an additional 473 shares during the period. Comerica Bank boosted its position in shares of Chico’s FAS by 0.5% in the second quarter. Comerica Bank now owns 101,736 shares of the specialty retailer’s stock valued at $874,000 after acquiring an additional 507 shares during the period. Finally, Advantus Capital Management Inc boosted its position in shares of Chico’s FAS by 3.7% in the first quarter. Advantus Capital Management Inc now owns 16,543 shares of the specialty retailer’s stock valued at $235,000 after acquiring an additional 583 shares during the period.

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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