In recent trading session, Chico’s Fas, Inc. (NYSE:CHS) saw 1.97 million shares changing hands at last check today with its beta currently measuring 1.08. Company’s recent per share price level of $7.49 trading at $0.03 or 0.47% at last check today assigns it a market valuation of $925.33M. That most recent trading price of CHS’s stock is at a discount of -0.67% from its 52-week high price of $7.54 and is indicating a premium of 42.19% from its 52-week low price of $4.33. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.79 million shares which gives us an average trading volume of 3.27 million if we extend that period to 3-months.
For Chico’s Fas, Inc. (CHS), analysts’ consensus is at an average recommendation of a Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.09 in the current quarter.
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Chico’s Fas, Inc. (NYSE:CHS) trade information
Upright in the green today for gaining 0.47%, in the last five days CHS remained trading in the red while hitting it’s week-highest on Wednesday, 11/15/23 when the stock touched $7.49 price level, adding 0.66% to its value on the day. Chico’s Fas, Inc.’s shares saw a change of 52.34% in year-to-date performance and have moved -0.07% in past 5-day. Chico’s Fas, Inc. (NYSE:CHS) showed a performance of 0.07% in past 30-days. Number of shares sold short was 8.72 million shares which calculate 2.98 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $7.60 to the stock, which implies a rise of 1.45% to its recent value today. Analysts have been projecting $7.60 as a low price target for the stock while placing it at a high target of $7.60. It follows that stock’s current price would drop -1.47% in reaching the projected high whereas dropping to the targeted low would mean a loss of -1.47% for stock’s current value.
Chico’s Fas, Inc. (CHS) estimates and forecasts
Statistics highlight that Chico’s Fas, Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company added 52.96% of value to its shares in past 6 months, showing an annual growth rate of -20.45% while that of industry is -8.00. Apart from that, the company came lowering its revenue forecast for fiscal year 2023. The company is estimating its revenue growth to decrease by -55.00% in the current quarter and calculating -100.00% decrease in the next quarter. This year revenue growth is estimated to rise 0.40% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $512.65 million for the same. And 2 analysts are in estimates of company making revenue of $559 million in the next quarter that will end on Jan 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 2.09% during past 5 years. In 2023, company’s earnings growth rate is likely to be around -21.02% while estimates for its earnings growth in next 5 years are of 10.00%.
CHS Dividends
Chico’s Fas, Inc. is more likely to be releasing its next quarterly report between November 20 and November 24 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Chico’s Fas, Inc. (NYSE:CHS)’s Major holders
Insiders are in possession of 3.93% of company’s total shares while institution are holding 94.06 percent of that, with stock having share float percentage of 97.91%. Investors also watch the number of corporate investors in a company very closely, which is 94.06% institutions for Chico’s Fas, Inc. that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at CHS for having 22.77 million shares of worth $121.81 million. And as of Jun 29, 2023, it was holding 18.45% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group Inc, which was holding about 9.1 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 7.38% of outstanding shares, having a total worth of $48.71 million.
On the other hand, iShares Core S&P Smallcap ETF and Pacer Small Cap U.S. Cash Cows 100 ETF are the top two Mutual Funds which own company’s shares. As of Sep 29, 2023, the former fund manager was holding 8.34 million shares of worth $62.4 million or 6.76% of the total outstanding shares. The later fund manager was in possession of 5.95 million shares on Jul 30, 2023, making its stake of worth around $36.32 million in the company or a holder of 4.82% of company’s stock.