SunTrust Banks, Inc. set a $10.00 target price on Chico’s FAS, Inc. (NYSE:CHS) in a research note released on Friday morning. The firm currently has a buy rating on the specialty retailer’s stock. SunTrust Banks also issued estimates for Chico’s FAS’s Q3 2018 earnings at $0.10 EPS, Q4 2018 earnings at $0.06 EPS, FY2018 earnings at $0.59 EPS and FY2019 earnings at $0.63 EPS.

Other research analysts also recently issued research reports about the stock. B. Riley restated a buy rating on shares of Chico’s FAS in a research report on Wednesday, November 1st. Jefferies Group LLC set a $11.00 price target on shares of Chico’s FAS and gave the stock a hold rating in a research report on Friday, August 18th. Royal Bank Of Canada restated a buy rating and set a $12.00 price target on shares of Chico’s FAS in a research report on Thursday, August 17th. KeyCorp restated a hold rating on shares of Chico’s FAS in a research report on Friday, September 1st. Finally, FBR & Co restated a buy rating and set a $14.00 price target (down previously from $16.00) on shares of Chico’s FAS in a research report on Thursday, August 31st. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of $11.00.

Chico’s FAS (CHS) opened at $8.14 on Friday. Chico’s FAS has a 1 year low of $6.96 and a 1 year high of $16.85. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.89 and a current ratio of 1.78. The firm has a market cap of $1,023.94, a PE ratio of 10.78, a P/E/G ratio of 1.13 and a beta of 0.69.

Chico’s FAS (NYSE:CHS) last released its quarterly earnings results on Wednesday, August 30th. The specialty retailer reported $0.18 earnings per share 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 analyst estimates of $578.58 million. During the same quarter last year, the company earned $0.25 EPS. The firm’s revenue for the quarter was down 9.0% on a year-over-year basis. analysts forecast that Chico’s FAS will post 0.63 earnings per share for the current year.

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Institutional investors have recently bought and sold shares of the company. Parkwood LLC purchased a new stake in shares of Chico’s FAS in the 2nd quarter valued at approximately $102,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Chico’s FAS in the 3rd quarter valued at approximately $108,000. PNC Financial Services Group Inc. grew its stake in shares of Chico’s FAS by 6.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 7,637 shares of the specialty retailer’s stock valued at $109,000 after buying an additional 473 shares during the period. Flinton Capital Management LLC grew its stake in shares of Chico’s FAS by 85.7% in the 2nd quarter. Flinton Capital Management LLC now owns 13,776 shares of the specialty retailer’s stock valued at $130,000 after buying an additional 6,356 shares during the period. Finally, Welch & Forbes LLC purchased a new stake in shares of Chico’s FAS in the 2nd quarter valued at approximately $133,000.

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.

Analyst Recommendations for Chico`s FAS (NYSE:CHS)

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