Chico’s FAS Inc. (NYSE:CHS) – Analysts at SunTrust Banks increased their FY2017 earnings per share (EPS) estimates for Chico’s FAS in a research note issued on Wednesday. SunTrust Banks analyst P. Quintiliano now forecasts that the firm will earn $0.76 per share for the year, up from their prior estimate of $0.69. SunTrust Banks also issued estimates for Chico’s FAS’s FY2018 earnings at $0.87 EPS.

Several other equities research analysts have also issued reports on the stock. Jefferies Group set a $13.00 price target on shares of Chico’s FAS and gave the company a “hold” rating in a report on Thursday, November 24th. Zacks Investment Research upgraded shares of Chico’s FAS from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a research note on Thursday, November 24th. MKM Partners boosted their target price on shares of Chico’s FAS from $12.00 to $15.00 and gave the company a “neutral” rating in a research note on Wednesday, November 23rd. Deutsche Bank AG boosted their target price on shares of Chico’s FAS from $12.00 to $13.00 and gave the company a “hold” rating in a research note on Wednesday, November 23rd. Finally, Telsey Advisory Group boosted their target price on shares of Chico’s FAS from $13.00 to $17.00 and gave the company a “market perform” rating in a research note on Wednesday, November 23rd. Nine research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $14.50.

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

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Shares of Chico’s FAS (NYSE:CHS) traded down 0.26% during trading on Monday, hitting $15.29. 364,358 shares of the stock traded hands. The company has a market cap of $1.97 billion, a PE ratio of 36.93 and a beta of 0.73. The company has a 50 day moving average of $12.85 and a 200-day moving average of $11.87. Chico’s FAS has a 1-year low of $9.61 and a 1-year high of $16.07.

Chico’s FAS (NYSE:CHS) last released its earnings results on Tuesday, November 22nd. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.07. The firm had revenue of $596.90 million for the quarter, compared to analysts’ expectations of $610.83 million. Chico’s FAS had a net margin of 2.24% and a return on equity of 16.24%. Chico’s FAS’s quarterly revenue was down 6.9% on a year-over-year basis. During the same quarter last year, the company earned $0.13 EPS.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 19th. Stockholders of record on Monday, December 5th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Thursday, December 1st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.08%. Chico’s FAS’s dividend payout ratio (DPR) is presently 76.19%.

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Several hedge funds have recently made changes to their positions in CHS. Frontier Capital Management Co. LLC boosted its stake in shares of Chico’s FAS by 3.1% in the second quarter. Frontier Capital Management Co. LLC now owns 2,257,055 shares of the company’s stock worth $24,173,000 after buying an additional 66,825 shares during the period. Quantbot Technologies LP bought a new stake in shares of Chico’s FAS during the second quarter worth approximately $464,000. Bank of New York Mellon Corp boosted its stake in shares of Chico’s FAS by 4.6% in the second quarter. Bank of New York Mellon Corp now owns 3,162,839 shares of the company’s stock worth $33,874,000 after buying an additional 140,513 shares during the period. Deprince Race & Zollo Inc. boosted its stake in shares of Chico’s FAS by 21.0% in the second quarter. Deprince Race & Zollo Inc. now owns 2,810,591 shares of the company’s stock worth $30,101,000 after buying an additional 487,852 shares during the period. Finally, American Century Companies Inc. boosted its stake in shares of Chico’s FAS by 79.3% in the second quarter. American Century Companies Inc. now owns 50,725 shares of the company’s stock worth $543,000 after buying an additional 22,438 shares during the period. 91.80% of the stock is owned by institutional investors.

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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