Analysts’ Weekly Ratings Updates for Chico’s FAS (CHS)

Posted by Defense World Staff on Oct 18th, 2023

Chico’s FAS (NYSE: CHS) recently received a number of ratings updates from brokerages and research firms:

10/13/2023 – Chico’s FAS is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
10/5/2023 – Chico’s FAS is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
9/29/2023 – Chico’s FAS was downgraded by analysts at B. Riley from a “buy” rating to a “neutral” rating.
9/29/2023 – Chico’s FAS had its price target raised by analysts at Telsey Advisory Group from $6.00 to $7.60. They now have a “market perform” rating on the stock.
9/1/2023 – Chico’s FAS had its price target lowered by analysts at B. Riley from $9.25 to $7.25. They now have a “buy” rating on the stock.
8/30/2023 – Chico’s FAS had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $6.00 price target on the stock.
8/22/2023 – Chico’s FAS had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $6.00 price target on the stock.

Chico’s FAS Stock Performance

Shares of NYSE CHS opened at $7.48 on Wednesday. The company’s fifty day moving average price is $5.62 and its 200 day moving average price is $5.46. Chico’s FAS, Inc. has a 1 year low of $4.33 and a 1 year high of $7.53. The company has a market capitalization of $923.32 million, a PE ratio of 6.99 and a beta of 1.11. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.51 and a current ratio of 1.21.

Chico’s FAS (NYSE:CHS – Get Free Report) last posted its quarterly earnings results on Tuesday, August 29th. The specialty retailer reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.01. The firm had revenue of $545.13 million for the quarter, compared to the consensus estimate of $554.90 million. Chico’s FAS had a net margin of 6.19% and a return on equity of 29.62%. During the same period last year, the firm posted $0.34 earnings per share. On average, research analysts predict that Chico’s FAS, Inc. will post 0.69 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CHS. Point72 Hong Kong Ltd increased its holdings in shares of Chico’s FAS by 333.0% in the 1st quarter. Point72 Hong Kong Ltd now owns 8,309 shares of the specialty retailer’s stock valued at $40,000 after purchasing an additional 6,390 shares in the last quarter. Sei Investments Co. increased its holdings in Chico’s FAS by 20.6% during the 1st quarter. Sei Investments Co. now owns 14,093 shares of the specialty retailer’s stock valued at $45,000 after acquiring an additional 2,404 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in Chico’s FAS by 54.9% during the 1st quarter. Tower Research Capital LLC TRC now owns 8,655 shares of the specialty retailer’s stock valued at $48,000 after acquiring an additional 3,067 shares in the last quarter. Mirabella Financial Services LLP purchased a new position in Chico’s FAS during the 1st quarter valued at about $48,000. Finally, LPL Financial LLC purchased a new position in Chico’s FAS during the 4th quarter valued at about $54,000. Institutional investors and hedge funds own 89.96% of the company’s stock.

Chico's FAS, Inc operates as an omnichannel specialty retailer of women's private branded casual-to-dressy clothing, intimates, and complementary accessories in the United States, Puerto Rico, Virgin Islands; and franchise locations in Mexico and domestic airports. The company operates under the Chico's, White House Black Market (WHBM), and Soma brands.

Analysts’ Weekly Ratings Updates for Chico’s FAS (CHS)

Chico’s FAS Stock Performance

Institutional Inflows and Outflows

Further Reading

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