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 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CHS shares.
View CHS analyst ratings or view top-rated stocks.

2 brokers have issued 1-year price objectives for Chico's FAS's shares. Their CHS share price forecasts range from $6.00 to $7.25. On average, they predict the company's stock price to reach $6.63 in the next year. This suggests a possible upside of 43.9% from the stock's current price.
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 on January 1st, 2023. Since then, CHS stock has decreased by 6.4% and is now trading at $4.6050.
View the best growth stocks for 2023 here.

Chico's FAS saw a increase in short interest during the month of 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 volume of 1,630,000 shares, the days-to-cover ratio is currently 8.8 days. Currently, 12.1% of the company's shares are sold short.
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) released its earnings results on Tuesday, August, 29th. The specialty retailer reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.27 by $0.01. The specialty retailer had revenue of $545.13 million for the quarter, compared to the consensus estimate of $554.90 million. Chico's FAS had a trailing twelve-month return on equity of 29.62% and a net margin of 6.19%. 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 updated 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 earnings per share 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."

Chico's FAS's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (18.44%), Dimensional Fund Advisors LP (4.69%), Global Alpha Capital Management Ltd. (4.58%), State Street Corp (4.37%), Pacer Advisors Inc. (4.30%) and Renaissance Technologies LLC (4.21%).
View institutional ownership trends.

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 $4.61.

Chico's FAS (NYSE:CHS) has a market capitalization of $568.44 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.