Chico's FAS (CHS) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chico's FAS in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CHS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CHS, but not buy additional shares or sell existing shares.
View CHS analyst ratings or view top-rated stocks.

2 analysts have issued 12 month price targets for Chico's FAS's stock. Their CHS share price forecasts range from $7.25 to $7.60. On average, they expect the company's share price to reach $7.43 in the next twelve months. This suggests that the stock has a possible downside of 0.5%.
View analysts price targets for CHS or view top-rated stocks among Wall Street analysts.

Chico's FAS's stock was trading at $4.92 at the beginning of 2023. Since then, CHS stock has increased by 51.7% and is now trading at $7.4650.
View the best growth stocks for 2023 here.

Chico's FAS saw a increase in short interest in September. As of September 15th, there was short interest totaling 14,360,000 shares, an increase of 6.6% from the August 31st total of 13,470,000 shares. Based on an average daily trading volume, of 1,630,000 shares, the days-to-cover ratio is currently 8.8 days. Approximately 12.1% of the company's stock are short sold.
View Chico's FAS's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 28th 2023.
View our CHS earnings forecast.

Chico's FAS, Inc. (NYSE:CHS) announced its earnings results on Tuesday, August, 29th. The specialty retailer reported $0.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.27 by $0.01. The specialty retailer had revenue of $545.13 million for the quarter, compared to analysts' expectations of $554.90 million. Chico's FAS had a net margin of 6.19% and a trailing twelve-month return on equity of 29.62%. During the same period in the prior year, the firm earned $0.34 EPS.

ETFs with the largest weight of Chico's FAS (NYSE:CHS) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), Pacer US Small Cap Cash Cows 100 ETF (CALF) and Invesco S&P SmallCap Value with Momentum ETF (XSVM).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).

Chico's FAS issued an update on its third quarter 2023 earnings guidance on Tuesday, August, 29th. The company provided earnings per share guidance of $0.08-$0.12 for the period, compared to the consensus estimate of $0.11. The company issued revenue guidance of $505.00 million-$525.00 million, compared to the consensus revenue estimate of $524.60 million.

23 employees have rated Chico's FAS Chief Executive Officer Molly Langenstein on Glassdoor.com. Molly Langenstein has an approval rating of 84% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Chico's FAS investors own include Annaly Capital Management (NLY), Macy's (M), Energy Transfer (ET), AT&T (T), Ford Motor (F), Chimera Investment (CIM), Enterprise Products Partners (EPD), Coty (COTY), Wells Fargo & Company (WFC) and ARMOUR Residential REIT (ARR).

Chico's FAS trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHS."

Shares of CHS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CHS stock can currently be purchased for approximately $7.47.

Chico's FAS (NYSE:CHS) has a market capitalization of $921.48 million and generates $2.14 billion in revenue each year. The specialty retailer earns $109 million in net income (profit) each year or $1.07 on an earnings per share basis.

The company employs 14,238 workers across the globe.

Chico's FAS's mailing address is 11215 METRO PKWY, FT MYERS FL, 33966. The official website for the company is www.chicosfas.com. The specialty retailer can be reached via phone at (239) 277-6200, via email at cfo@chicos.com, or via fax at 239-277-5237.