Published On: Mon, Sep 12th, 2016

Chico's FAS (CHS) – Research Analysts’ Weekly Ratings Changes

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

9/7/2016 – Chico's FAS had its “hold” rating reaffirmed by analysts at Stifel Nicolaus.
9/4/2016 – Chico's FAS had its “outperform” rating reaffirmed by analysts at RBC Capital Markets. They now have a $14.00 price target on the stock, up previously from $13.00.
9/3/2016 – Chico's FAS had its “outperform” rating reaffirmed by analysts at FBR & Co. They now have a $17.00 price target on the stock.
8/31/2016 – Chico's FAS had its price target raised by analysts at Piper Jaffray Cos. from $13.00 to $14.00. They now have an “overweight” rating on the stock.
8/31/2016 – Chico's FAS had its price target raised by analysts at Mizuho from $13.00 to $15.00. They now have a “buy” rating on the stock.
8/30/2016 – Chico's FAS had its “hold” rating reaffirmed by analysts at Stifel Nicolaus.
8/25/2016 – Chico's FAS had its “hold” rating reaffirmed by analysts at Deutsche Bank AG.
8/22/2016 – Chico's FAS was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “CHICO’S FAS, INC. is a specialty retailer of exclusively designed, private label casual clothing and related accessories. Each store offers collections of color coordinated tops, pants, shorts, skirts, jumpsuits, dresses, vests, jackets, outerwear, socks and accessories, including leather and fabric belts, scarves, earrings, necklaces and bracelets. “
8/1/2016 – Chico's FAS had its “hold” rating reaffirmed by analysts at Jefferies Group.
7/27/2016 – Chico's FAS was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “CHICO’S FAS, INC. is a specialty retailer of exclusively designed, private label casual clothing and related accessories. Each store offers collections of color coordinated tops, pants, shorts, skirts, jumpsuits, dresses, vests, jackets, outerwear, socks and accessories, including leather and fabric belts, scarves, earrings, necklaces and bracelets. “

Chico's FAS, Inc. (NYSE:CHS) opened at 12.38 on Monday. The firm has a market cap of $1.60 billion, a price-to-earnings ratio of 78.85 and a beta of 0.88. The company’s 50-day moving average price is $11.83 and its 200 day moving average price is $11.87. Chico's FAS, Inc. has a 1-year low of $9.61 and a 1-year high of $17.09.
Chico's FAS (NYSE:CHS) last issued its quarterly earnings data on Tuesday, August 30th. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.03. The firm earned $635.70 million during the quarter, compared to analysts’ expectations of $632.49 million. Chico's FAS had a return on equity of 14.41% and a net margin of 0.84%. Chico's FAS’s revenue was down 7.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.26 earnings per share. On average, equities analysts expect that Chico's FAS, Inc. will post $0.68 earnings per share for the current fiscal year.

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The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 26th. Investors of record on Monday, September 12th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, September 8th. This represents a $0.32 annualized dividend and a yield of 2.58%. Chico's FAS’s dividend payout ratio is presently 213.33%.
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.

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