Chico’s FAS, Inc. (NYSE:CHS) shares hit a new 52-week low during trading on Monday . The stock traded as low as $7.63 and last traded at $7.59, with a volume of 2,849,709 shares traded. The stock had previously closed at $7.82.

Several research analysts recently commented on CHS shares. Jefferies Group LLC set a $14.00 target price on shares of Chico’s FAS and gave the stock a “hold” rating in a report on Thursday, May 4th. Royal Bank Of Canada set a $16.00 target price on shares of Chico’s FAS and gave the stock a “buy” rating in a report on Tuesday, May 16th. Zacks Investment Research cut shares of Chico’s FAS from a “hold” rating to a “sell” rating in a report on Thursday, May 18th. Telsey Advisory Group reduced their target price on shares of 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. Finally, Wolfe Research cut shares of Chico’s FAS from an “outperform” rating to a “market perform” rating in a report on Thursday, May 25th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $13.43.

The stock has a market cap of $957.98 million, a PE ratio of 10.60 and a beta of 0.66. The stock has a 50 day moving average of $8.81 and a 200-day moving average of $11.63.

Chico’s FAS (NYSE:CHS) last posted its quarterly earnings data on Wednesday, May 24th. The specialty retailer reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.29 by $0.03. The firm had revenue of $583.70 million for the quarter, compared to analysts’ expectations of $624.75 million. Chico’s FAS had a return on equity of 17.36% and a net margin of 3.86%. Chico’s FAS’s revenue was down 9.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.25 earnings per share. On average, equities research analysts anticipate that Chico’s FAS, Inc. will post $0.79 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 25th. Stockholders of record on Monday, September 11th will be paid a dividend of $0.0825 per share. This represents a $0.33 dividend on an annualized basis and a dividend yield of 4.22%. The ex-dividend date of this dividend is Friday, September 8th. Chico’s FAS’s payout ratio is 46.48%.

In other news, Director Ross E. Roeder sold 5,000 shares of Chico’s FAS stock in a transaction on Thursday, June 1st. The stock was sold at an average price of $9.50, for a total transaction of $47,500.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Ross E. Roeder sold 10,000 shares of Chico’s FAS stock in a transaction on Monday, June 12th. The stock was sold at an average price of $9.75, for a total value of $97,500.00. The disclosure for this sale can be found here. Insiders own 1.80% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. Parkwood LLC acquired a new stake in Chico’s FAS during the second quarter worth approximately $102,000. PNC Financial Services Group Inc. boosted its stake in 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 worth $109,000 after buying an additional 473 shares during the last quarter. TrimTabs Asset Management LLC boosted its stake in Chico’s FAS by 88.9% in the first quarter. TrimTabs Asset Management LLC now owns 8,670 shares of the specialty retailer’s stock worth $123,000 after buying an additional 4,080 shares during the last quarter. Flinton Capital Management LLC boosted its stake in Chico’s FAS by 85.7% in the second quarter. Flinton Capital Management LLC now owns 13,776 shares of the specialty retailer’s stock worth $130,000 after buying an additional 6,356 shares during the last quarter. Finally, Welch & Forbes LLC acquired a new stake in Chico’s FAS during the second quarter worth approximately $133,000.

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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.

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