Media stories about Chico’s FAS (NYSE:CHS) have been trending somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Chico’s FAS earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned news stories about the specialty retailer an impact score of 46.6664684909815 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Chico’s FAS, Inc. (NYSE:CHS): Shares Spotted Near the 52-Week Low - Sparta Review (spartareview.com)
- SmarTrend Watching for Potential Pullback in Shares of Chico’S Fas Inc After 2.09% Gain (mysmartrend.com)
- Abercrombie & Fitch Co. (ANF) vs. Chico’s FAS, Inc. (CHS): Which is the Better Investment? - StockNewsGazette (stocknewsgazette.com)
- Chico’s FAS, Inc. (CHS) Trades at New 52-Week Low - First News 24 (firstnewspaper24.com)
- Chico’s FAS, Inc. (CHS) noted a price change of 0.53% and Ritchie Bros. Auctioneers Incorporated (RBA) - Stocks Gallery (stocksgallery.com)
Chico’s FAS (NYSE CHS) traded up 0.52% during mid-day trading on Thursday, hitting $7.70. 4,620,111 shares of the company traded hands. The firm has a 50 day moving average of $8.68 and a 200 day moving average of $11.50. Chico’s FAS has a one year low of $7.52 and a one year high of $16.85. The firm has a market capitalization of $970.59 million, a P/E ratio of 10.74 and a beta of 0.66.
Chico’s FAS (NYSE:CHS) last released its quarterly earnings data on Wednesday, May 24th. The specialty retailer reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.03. The company had revenue of $583.70 million for the quarter, compared to the consensus estimate of $624.75 million. Chico’s FAS had a net margin of 3.86% and a return on equity of 17.36%. The company’s quarterly revenue was down 9.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.25 EPS. Equities research analysts expect that Chico’s FAS will post $0.79 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Stockholders of record on Monday, September 11th will be given a dividend of $0.0825 per share. This represents a $0.33 annualized dividend and a dividend yield of 4.29%. The ex-dividend date is Friday, September 8th. Chico’s FAS’s payout ratio is currently 46.48%.
Several research analysts have weighed in on the stock. Wolfe Research cut shares of Chico’s FAS from an “outperform” rating to a “market perform” rating in a report on Thursday, May 25th. Telsey Advisory Group decreased their target price on shares of Chico’s FAS from $15.00 to $12.00 and set a “market perform” rating on the stock in a research report on Thursday, May 25th. UBS AG restated a “neutral” rating and set a $10.00 target price (down previously from $16.00) on shares of Chico’s FAS in a research report on Thursday, May 25th. 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 research report on Tuesday, May 16th. Finally, Jefferies Group LLC restated a “hold” rating and set a $11.00 target price on shares of Chico’s FAS in a research report on Thursday, July 6th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $13.43.
In other news, Director Ross E. Roeder sold 10,000 shares of Chico’s FAS stock in a transaction that occurred on Monday, June 12th. The shares were sold at an average price of $9.75, for a total transaction of $97,500.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Ross E. Roeder sold 5,000 shares of Chico’s FAS stock in a transaction that occurred on Thursday, June 1st. The shares were sold at an average price of $9.50, for a total transaction of $47,500.00. The disclosure for this sale can be found here. Company insiders own 1.80% of the company’s stock.
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.
Receive News & Ratings for Chico's FAS Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chico's FAS Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
