In a recent bid Chico’s FAS Inc. [CHS] faced a contemporary bid of $1.86 yielding a 6.38% incline where 1.39 million shares have exchanged hands over the last week. CHS amount got a boost by 23.99% or $0.36 versus $1.50 at the end of the prior session. This change led market cap to move at 172.01M, putting the price 104.59% below the 52-week high and -63.82% above the 52-week low. The company’s stock has a normal trading capacity of 1.39 million shares while the relative volume is 2.45.

On 9, November 2020, Chico’s FAS, Inc. Announces Third Quarter Sales and Earnings Conference Call. According to news published on Yahoo Finance, Women’s specialty retailer Chico’s FAS, Inc. (NYSE: CHS) (the “Company”) will host a conference call with security analysts on Tuesday, November 24, 2020 beginning at 8:00 a.m. ET to review the operating results for the third quarter ended October 31, 2020.

Analyst Birdseye View:

The most recent analyst activity for Chico’s FAS Inc. [NYSE:CHS] stock was on November 27, 2019, when it was Reiterated with a Market perform rating from Telsey Advisory Group, which also raised its 12-month price target on the stock from $3 to $5. Before that, on November 17, 2020, B. Riley Securities Recapitulated a Neutral rating and elevated its amount target to $1.50. On August 29, 2019, Telsey Advisory Group Reiterated a Market perform rating and plunged its price target on this stock from $4 to $3. On June 12, 2019, Telsey Advisory Group Reiterated a Market perform rating and decreased its price target from $5 to $4. On November 29, 2018, BofA/Merrill Reiterated an Underperform rating and decreased its price target to $4. On November 29, 2018, RBC Capital Mkts Downgrade a Sector perform rating. On May 31, 2018, Telsey Advisory Group Reiterated a Market perform rating and decreased its target amount on this stock from $11 to $9.

In the past 52 weeks of trading, this stock has oscillated between a low of $0.91 and a peak of $5.14. At the most recent market close, shares of Chico’s FAS Inc. [NYSE:CHS] were valued at $1.86.

FUNDAMENTAL ANALYSIS

Chico’s FAS Inc. [NYSE:CHS] most recently reported quarterly sales of 306.17 billion, which represented growth of -39.80%. This company’s Gross Margin is currently 28.30% and its Operating Margin is -20.80%.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 1.4067 points at 1st support level, the second support level is making up to 1.3133. But as of 1st resistance point, this stock is sitting at 1.5567 and at 1.6133 for 2nd resistance point.

Chico’s FAS Inc. [CHS] reported its earnings at -$0.4 per share in the fiscal quarter closing of 7/30/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.25/share signifying the difference of -0.15 and -60.00% surprise value. Comparing the previous quarter ending of 4/29/2020, the stated earnings were -$1.55 calling estimates for -$0.25/share with the difference of -1.3 depicting the surprise of -520.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Chico’s FAS Inc. [NYSE:CHS] is 1.10.

Insider Stories

The most recent insider trade was by OLIVER DAVID M, Interim CFO, SVP – Controller, and it was the purchase of 8000.0 shares on Jun 26. Gwinner Kristin, the EVP, CHRO, completed a purchase of 7500.0 shares on Jun 26. On Jun 26, Baker Gregory S, SVP & General Counsel, completed a purchase of 8500.0 shares.