News articles about Chico’s FAS (NYSE:CHS) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Chico’s FAS earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned media coverage about the specialty retailer an impact score of 46.9177595244388 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- Why Did Chico's FAS, Inc. Shares Gain 16% in September? (finance.yahoo.com)
- Why Did Chico’s FAS, Inc. Shares Gain 16% in September? (fool.com)
- Chico’s FAS hit by BAML downgrade (seekingalpha.com)
- This Is How Corporations Prepare For An Activist Investor (finance.yahoo.com)
- Taking Toll on Day After Technical Reviews: Chico’s FAS, Inc. (NYSE:CHS), Quest Diagnostics Incorporated (NYSE:DGX) – Investing News Update (investingbizz.com)
A number of equities research analysts recently issued reports on the stock. ValuEngine raised shares of Chico’s FAS from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. BidaskClub raised shares of Chico’s FAS from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. Jefferies Group LLC reaffirmed a “hold” rating and set a $11.00 price target on shares of Chico’s FAS in a research note on Thursday, July 6th. Zacks Investment Research raised shares of Chico’s FAS from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 25th. Finally, FBR & Co reaffirmed a “buy” rating and set a $14.00 price target on shares of Chico’s FAS in a research note on Monday, October 2nd. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $12.08.
Shares of Chico’s FAS (CHS) traded down 7.22% during midday trading on Wednesday, hitting $7.97. 4,988,138 shares of the stock traded hands. Chico’s FAS has a 12-month low of $6.96 and a 12-month high of $16.85. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of 11.12 and a beta of 0.68. The company’s 50 day moving average price is $8.30 and its 200-day moving average price is $10.12.
Chico’s FAS (NYSE:CHS) last posted its quarterly earnings results on Wednesday, August 30th. The specialty retailer reported $0.18 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.03). Chico’s FAS had a return on equity of 15.57% and a net margin of 3.94%. The company had revenue of $578.60 million for the quarter, compared to analysts’ expectations of $578.58 million. During the same quarter in the prior year, the firm earned $0.25 EPS. The firm’s revenue was down 9.0% on a year-over-year basis. On average, equities research analysts expect that Chico’s FAS will post $0.65 EPS for the current year.
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About Chico’s FAS
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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