Analysts' Activity: Chico's Fas (NYSE:CHS)
- Author: Zachary Reyes May 21, 2017,
May 21, 2017, 14:09
The mean revenue estimate is $2.47B. Institutional investors own 95.76% of the company's stock.
01/04/2016 - Chico's FAS, Inc. was downgraded to " by analysts at Jefferies. Citigroup maintained the shares of CHS in report on Friday, May 27 with "Neutral" rating. In our current pick, Chico's FAS Inc. Cornercap Investment Counsel Inc. now owns 48,105 shares of the specialty retailer's stock valued at $692,000 after buying an additional 645 shares during the period. KeyBanc Capital Mkts had a markedly different take on 15/11/2016, proposing that Chico's FAS, Inc.is now considered Sector Weight versus prior Overweight rating. Following the completion of the sale, the insider now directly owns 153,260 shares of the company's stock, valued at $2,191,618. TheStreet raised Chico's FAS to a "buy" rating in a research report on Tuesday, March 21st. 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. Liberty Mutual Group Asset Management Inc. now owns 58,215 shares of the specialty retailer's stock worth $826,000 after buying an additional 461 shares during the last quarter. TIAA CREF Investment Management LLC boosted its position in Chico's FAS by 7.2% in the third quarter. It becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume.
Acadian Asset Management LLC decreased its position in shares of Chico's FAS, Inc. (NYSE:CHS) rating on Friday, May 27. Chico's FAS has a 52-week low of $9.86 and a 52-week high of $16.85. The price to earnings growth is 1.37 and the price to sales ratio is 17.
The SMA or Simple Moving Averages are commonly available for 20 Day, 50 Day and 200 Day Simple Moving Averages.
Chico's FAS (NYSE:CHS) last issued its quarterly earnings results on Wednesday, February 22nd. After $0.46 actual earnings per share reported by Trustmark Corp for the previous quarter, Wall Street now forecasts -4.35% negative EPS growth. For the outlook of the current financial quarter, Analysts think the firm will post -0.21 earnings per share.
The company also recently declared a quarterly dividend, which will be paid on Monday, June 26th. Investors of record on Monday, June 12th will be issued a $0.0825 dividend. This represents a $0.33 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date of this dividend is Thursday, June 8th. Chico's FAS's payout ratio is now 76.19%. If you are reading this piece on another website, it was stolen and republished in violation of United States & global trademark & copyright laws. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of United States & global trademark & copyright law.
Several research firms have weighed in on CHS. (NYSE:CHS). Commercial Bank Of America Corporation De reported 0% in Chico's FAS, Inc. The legal version of this piece can be read at https://www.chaffeybreeze.com/2017/05/19/royal-bank-of-canada-analysts-give-chicos-fas-inc-chs-a-16-00-price-target.html.
Chico's FAS, Inc. (CHS) stock price distance from twenty day simple moving average slumped at -16.47% while its distance from fifty day simple moving average declined -17.58% along with -15.45% below distance from two hundred simple moving averages. FBR & Co set a $17.00 price objective on shares of Chico's FAS and gave the stock a "buy" rating in a research note on Thursday, February 23rd.
Let's talk about the gap between analyst price targets for the next 12 months and Chico's FAS, Inc. (NASDAQ:DXCM) now have an ABR of 1.47.which is marked on a basic 1 to 5 scale, where 1 stands for a Strong Buy and 5 represents Strong Sell. The mean target of $16.00 should be compared with the price when the stock was languishing around $9.62 a share. A total of 3.53 million shares exchanged at hands and its average trading volume is standing at 2.63 million shares. LS Investment Advisors LLC now owns 8,756 shares of the specialty retailer's stock valued at $104,000 after buying an additional 455 shares during the period. Also, insider Colaco Donna Noce sold 51,235 shares of Chico's FAS stock in a transaction on Wednesday, March 29th. Alpha One also gave media stories about the specialty retailer an impact score of 96 out of 100, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near term.
Chico's FAS Inc. (CHS) has the market capitalization of $1.62 Billion. The Firm is also engaged in the sale of merchandise in its domestic and worldwide retail stores.