Chico’s Fas (NYSE:CHS) shares traded -2.28% down during most recent session to reach at the closing price of $8.14. The stock exchanged hands 5.07 Million shares versus average trading capacity of 2.94 Million shares, yielding a market cap of $1.05 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $8.82 within the next 52-weeks. The mean target projections are based on 11 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Chico’s Fas (NYSE:CHS) high price target of $12 and with a conservative view have low price target of $6.5.
Morgan Stanley “Maintained” Chico’s Fas (NYSE:CHS) in a research note issued to investors on 6/01/18 to Equal-Weight with price target of $7.5.
Additionally on 5/31/18 B. Riley FBR “Maintained” Chico’s Fas (NYSE:CHS) to Buy setting price target at $12 and on 5/31/18 Citigroup “Maintained” the stock to Neutral at $8. Furthermore on 3/05/18 Nomura “Maintained” the stock to Neutral at $11.
On the other hand the company has Relative Strength Index (RSI 14) of 38.15 along with Average True Range (ATR 14) of 0.29, Consequently Chico’s Fas (NYSE:CHS)’s weekly and monthly volatility is 2.72%, 3.46% respectively. The company’s beta value is at 0.73.
In terms of Buy, Sell or Hold recommendations, Chico’s Fas (NYSE:CHS) has analysts’ mean recommendation of 2.8. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Chico’s Fas (NYSE:CHS)’s minimum EPS for the current quarter is at $0.1 and can go high up to $0.14. The consensus mean EPS for the current quarter is at $0.12 derived from a total of 11 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.18 earnings per share for the same quarter during last year.
Previously Chico’s Fas (NYSE:CHS) reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by $-0.03. The company posted an earnings surprise of -11.5%.
Chico’s Fas (NYSE:CHS)’s revenue estimates for the current quarter are $541.1 Million according to 9 number of analysts, for the current quarter the company has high revenue estimates of $556.06 Million in contradiction of low revenue estimates of $532.5 Million. For the current year the company’s revenue estimates are $2.16 Billion compared to low analyst estimates of $2.12 Billion and high estimates of $2.21 Billion according to 10 number of analysts.
Currently Chico’s Fas (NYSE:CHS)’s shares owned by insiders are 2%, whereas shares owned by institutional owners are 99.7%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0.52%.
Chico’s Fas (NYSE:CHS)’s trailing twelve month revenues are $2.26 Billion, whereas its price to sales ratio for the same period is 0.47. Its book value per share for the most recent quarter is $5.28 while its price to book ratio for the same period is 1.54, as for as the company’s cash per share for the most recent quarter is $1.97, however its price to cash per share ratio for the same period is 4.13. The stock has 5 year expected PEG ratio of 0.81 whereas its trailing twelve month P/E ratio is 12.11.