Chico’s FAS (CHS) Set to Announce Quarterly Earnings on Tuesday

Chico’s FAS (NYSE:CHSGet Rating) will be announcing its earnings results before the market opens on Tuesday, June 7th. Analysts expect the company to announce earnings of $0.10 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Chico’s FAS (NYSE:CHSGet Rating) last released its earnings results on Tuesday, March 1st. The specialty retailer reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.04. Chico’s FAS had a return on equity of 25.89% and a net margin of 2.55%. The business had revenue of $496.26 million during the quarter, compared to the consensus estimate of $498.00 million. During the same period last year, the company earned ($0.36) earnings per share. On average, analysts expect Chico’s FAS to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NYSE:CHS opened at $5.11 on Tuesday. Chico’s FAS has a twelve month low of $3.80 and a twelve month high of $7.29. The company has a market cap of $639.48 million, a price-to-earnings ratio of 13.81 and a beta of 1.32. The stock has a fifty day simple moving average of $4.93 and a 200-day simple moving average of $4.98. The company has a current ratio of 1.01, a quick ratio of 0.35 and a debt-to-equity ratio of 0.45.

In other Chico’s FAS news, insider Bonnie R. Brooks sold 200,000 shares of Chico’s FAS stock in a transaction dated Wednesday, March 16th. The stock was sold at an average price of $4.28, for a total value of $856,000.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 3.60% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of CHS. Sei Investments Co. boosted its holdings in Chico’s FAS by 20.6% in the first quarter. Sei Investments Co. now owns 14,093 shares of the specialty retailer’s stock worth $45,000 after acquiring an additional 2,404 shares in the last quarter. Bank of Montreal Can boosted its holdings in Chico’s FAS by 8.7% in the first quarter. Bank of Montreal Can now owns 34,843 shares of the specialty retailer’s stock worth $172,000 after acquiring an additional 2,784 shares in the last quarter. Metropolitan Life Insurance Co NY boosted its holdings in Chico’s FAS by 11.0% in the fourth quarter. Metropolitan Life Insurance Co NY now owns 31,574 shares of the specialty retailer’s stock worth $170,000 after acquiring an additional 3,138 shares in the last quarter. Point72 Hong Kong Ltd boosted its holdings in Chico’s FAS by 333.0% in the first quarter. Point72 Hong Kong Ltd now owns 8,309 shares of the specialty retailer’s stock worth $40,000 after acquiring an additional 6,390 shares in the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of Chico’s FAS by 191.4% during the second quarter. Royal Bank of Canada now owns 10,258 shares of the specialty retailer’s stock worth $67,000 after purchasing an additional 6,738 shares during the period. Institutional investors own 80.88% of the company’s stock.

Several equities analysts have recently commented on CHS shares. Zacks Investment Research lowered Chico’s FAS from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 3rd. StockNews.com lowered Chico’s FAS from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 20th. Finally, B. Riley cut their price target on Chico’s FAS from $6.00 to $5.00 in a research note on Wednesday, March 2nd. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $5.58.

Chico’s FAS Company Profile (Get Rating)

Chico's FAS, Inc operates as an omnichannel specialty retailer of women's private branded casual-to-dressy clothing, intimates, and complementary accessories. It operates under the Chico's, White House Black Market (WHBM)and Soma brands. The Chico's brand primarily sells private branded clothing focusing on women with moderate to high household income levels.

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Earnings History for Chico's FAS (NYSE:CHS)

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