Chico's FAS - CHS Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Chico's FAS in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street 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.
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1 brokers have issued 1-year price objectives for Chico's FAS's stock. Their CHS share price forecasts range from $5.00 to $6.00. On average, they predict the company's stock price to reach $5.50 in the next twelve months. This suggests that the stock has a possible downside of 2.1%.
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 the year. Since then, CHS shares have increased by 14.2% and is now trading at $5.62.
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Chico's FAS saw a drop in short interest in January. As of January 15th, there was short interest totaling 12,130,000 shares, a drop of 5.5% from the December 31st total of 12,840,000 shares. Based on an average daily volume of 2,440,000 shares, the days-to-cover ratio is currently 5.0 days. Currently, 10.1% of the shares of the company are short sold.
View Chico's FAS's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 7th 2023.
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Chico's FAS, Inc. (NYSE:CHS) released its earnings results on Tuesday, November, 22nd. The specialty retailer reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.07. The specialty retailer earned $518.33 million during the quarter, compared to analyst estimates of $508 million. Chico's FAS had a trailing twelve-month return on equity of 40.94% and a net margin of 5.31%.

Chico's FAS issued an update on its fourth quarter 2022 earnings guidance on Thursday, December, 22nd. The company provided earnings per share guidance of $0.07-$0.10 for the period, compared to the consensus EPS estimate of $0.10. The company issued revenue guidance of $535.00 million-$555.00 million, compared to the consensus revenue estimate of $557.00 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 shareholders include Smith Graham & Co. Investment Advisors LP (0.71%), Summit Global Investments (0.11%), Yorktown Management & Research Co Inc (0.09%), Legend Financial Advisors Inc. (0.08%), SG Americas Securities LLC (0.07%) and Range Financial Group LLC (0.06%). Insiders that own company stock include Bonnie R Brooks, David F Walker, David M Oliver, Gregory S Baker, Kristin Gwinner and Molly Langenstein.
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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 $5.62.

Chico's FAS (NYSE:CHS) has a market capitalization of $703.29 million and generates $1.81 billion in revenue each year. The specialty retailer earns $46.22 million in net income (profit) each year or $0.91 on an earnings per share basis.

The company employs 12,700 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.