Chico’s FAS, Inc. (NYSE:CHS) – Analysts at Jefferies Group decreased their Q4 2018 earnings per share (EPS) estimates for shares of Chico’s FAS in a report issued on Tuesday. Jefferies Group analyst R. Konik now anticipates that the specialty retailer will earn $0.03 per share for the quarter, down from their previous estimate of $0.04. Jefferies Group currently has a “Hold” rating and a $8.00 target price on the stock. Jefferies Group also issued estimates for Chico’s FAS’s FY2019 earnings at $0.62 EPS.

Chico’s FAS (NYSE:CHS) last issued its quarterly earnings data on Tuesday, November 21st. The specialty retailer reported $0.13 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.13. Chico’s FAS had a return on equity of 13.98% and a net margin of 3.77%. The company had revenue of $532.30 million for the quarter, compared to analysts’ expectations of $534.77 million. During the same period in the previous year, the firm posted $0.20 earnings per share. The firm’s revenue for the quarter was down 10.8% on a year-over-year basis.

Other equities research analysts have also recently issued reports about the company. B. Riley reissued a “buy” rating on shares of Chico’s FAS in a research note on Wednesday, November 1st. Royal Bank Of Canada reissued a “buy” rating and set a $12.00 price objective on shares of Chico’s FAS in a research note on Thursday, August 17th. KeyCorp restated a “hold” rating on shares of Chico’s FAS in a research report on Friday, September 1st. ValuEngine lowered Chico’s FAS from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Citigroup Inc. restated a “buy” rating and set a $10.00 target price (down previously from $13.00) on shares of Chico’s FAS in a research report on Friday, September 1st. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company. Chico’s FAS presently has a consensus rating of “Hold” and a consensus target price of $10.91.

Shares of Chico’s FAS (NYSE:CHS) traded up $0.04 during midday trading on Thursday, reaching $8.40. The company’s stock had a trading volume of 1,718,876 shares, compared to its average volume of 2,831,737. The company has a quick ratio of 0.89, a current ratio of 1.86 and a debt-to-equity ratio of 0.09. Chico’s FAS has a 52 week low of $6.96 and a 52 week high of $16.85. The company has a market capitalization of $1,068.45, a PE ratio of 12.48, a P/E/G ratio of 0.89 and a beta of 0.69.

Several large investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of Chico’s FAS by 21.4% during the second quarter. Vanguard Group Inc. now owns 15,134,008 shares of the specialty retailer’s stock valued at $142,563,000 after buying an additional 2,671,543 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Chico’s FAS by 0.4% in the third quarter. JPMorgan Chase & Co. now owns 8,203,559 shares of the specialty retailer’s stock valued at $72,437,000 after purchasing an additional 35,305 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Chico’s FAS by 8.0% in the second quarter. Dimensional Fund Advisors LP now owns 7,333,568 shares of the specialty retailer’s stock valued at $69,082,000 after purchasing an additional 542,757 shares during the period. State Street Corp boosted its holdings in shares of Chico’s FAS by 5.3% in the second quarter. State Street Corp now owns 5,139,633 shares of the specialty retailer’s stock valued at $48,417,000 after purchasing an additional 256,414 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Chico’s FAS by 8.3% in the second quarter. Bank of New York Mellon Corp now owns 3,547,401 shares of the specialty retailer’s stock valued at $33,415,000 after purchasing an additional 270,838 shares during the period.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 18th. Shareholders of record on Monday, December 4th will be given a dividend of $0.0825 per share. The ex-dividend date of this dividend is Friday, December 1st. This represents a $0.33 annualized dividend and a dividend yield of 3.93%. Chico’s FAS’s dividend payout ratio (DPR) is presently 49.25%.

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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.

Earnings History and Estimates for Chico`s FAS (NYSE:CHS)

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