Headlines about Chico’s FAS (NYSE:CHS) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Chico’s FAS earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned press coverage about the specialty retailer an impact score of 72 out of 100, indicating that recent media coverage is likely to have an effect on the stock’s share price in the near future.
These are some of the media headlines that may have effected Accern’s scoring:
- Chico`s FAS Inc (CHS) Moves 3.11% – Evergreen Caller (evergreencaller.com)
- What to expect ahead of JBG Smith’s big day – Washington Business Journal (bizjournals.com)
- Chico’s FAS, Inc. (CHS)- Stocks Shining Bright on Wall Street – NASDAQ Times (nasdaqtimes.com)
- Low expectations for a company’s potential earnings growth:: Chico’s FAS, Inc. (CHS) – Street Observer (press release) (streetobserver.com)
Shares of Chico’s FAS (NYSE:CHS) opened at 8.81 on Tuesday. Chico’s FAS has a 12 month low of $8.44 and a 12 month high of $16.85. The firm has a market capitalization of $1.11 billion, a P/E ratio of 12.29 and a beta of 0.67. The stock has a 50 day moving average price of $9.97 and a 200 day moving average price of $13.01.
Chico’s FAS (NYSE:CHS) last issued its earnings results on Wednesday, May 24th. The specialty retailer reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.29 by $0.03. The firm had revenue of $583.70 million during the quarter, compared to the consensus estimate of $624.75 million. Chico’s FAS had a net margin of 3.86% and a return on equity of 17.36%. The firm’s revenue for the quarter was down 9.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.25 earnings per share. On average, analysts expect that Chico’s FAS will post $0.79 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, September 25th. Stockholders of record on Monday, September 11th will be issued a $0.0825 dividend. The ex-dividend date of this dividend is Friday, September 8th. This represents a $0.33 dividend on an annualized basis and a dividend yield of 3.75%. Chico’s FAS’s payout ratio is 46.48%.
CHS has been the subject of a number of research analyst reports. TheStreet upgraded Chico’s FAS to a “buy” rating in a report on Tuesday, March 21st. Royal Bank Of Canada reiterated a “buy” rating and set a $16.00 price objective on shares of Chico’s FAS in a report on Monday, April 3rd. Zacks Investment Research lowered Chico’s FAS from a “hold” rating to a “sell” rating in a report on Thursday, May 18th. Jefferies Group LLC set a $14.00 price objective on Chico’s FAS and gave the stock a “hold” rating in a report on Tuesday, March 28th. Finally, BidaskClub upgraded Chico’s FAS from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 27th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $13.43.
ILLEGAL ACTIVITY WARNING: “Somewhat Positive News Coverage Likely to Impact Chico’s FAS (NYSE:CHS) Share Price” was originally posted by Stock Observer and is the sole property of of Stock Observer. If you are reading this news story on another site, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this news story can be viewed at https://www.thestockobserver.com/2017/07/18/chicos-fas-chs-receiving-somewhat-positive-news-coverage-analysis-shows-updated-updated.html.
In other news, Director Ross E. Roeder sold 10,000 shares of the company’s stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $9.75, for a total value of $97,500.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Ross E. Roeder sold 5,000 shares of the company’s stock in a transaction dated Thursday, June 1st. The shares were sold at an average price of $9.50, for a total transaction of $47,500.00. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by corporate insiders.
Chico’s FAS Company Profile
Chico’s FAS, Inc is an omni-channel specialty retailer of women’s private branded, casual-to-dressy clothing, intimates and accessories, operating under the Chico’s, White House Black Market (WHBM) and Soma brand names. The Company is also engaged in the sale of merchandise in its domestic and international retail stores.
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