Chico’s FAS, Inc. (NYSE:CHS – Get Rating) insider Bonnie R. Brooks sold 100,000 shares of the company’s stock in a transaction on Tuesday, June 21st. The shares were sold at an average price of $5.57, for a total value of $557,000.00. Following the completion of the transaction, the insider now owns 1,185,277 shares of the company’s stock, valued at approximately $6,601,992.89. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of CHS stock traded up $0.17 on Tuesday, hitting $5.67. 3,704,895 shares of the stock were exchanged, compared to its average volume of 2,339,404. The company has a current ratio of 1.10, a quick ratio of 0.38 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $709.56 million, a PE ratio of 7.53 and a beta of 1.33. Chico’s FAS, Inc. has a one year low of $3.80 and a one year high of $7.29. The firm’s 50 day moving average is $5.06 and its two-hundred day moving average is $4.88.
Chico’s FAS (NYSE:CHS – Get Rating) last posted its quarterly earnings results on Tuesday, June 7th. The specialty retailer reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.18. Chico’s FAS had a return on equity of 43.27% and a net margin of 4.59%. During the same quarter in the prior year, the business posted ($0.08) earnings per share. On average, sell-side analysts expect that Chico’s FAS, Inc. will post 0.72 earnings per share for the current year.
CHS has been the subject of a number of recent analyst reports. StockNews.com downgraded Chico’s FAS from a “strong-buy” rating to a “buy” rating in a research note on Tuesday. B. Riley cut their price target on Chico’s FAS from $6.00 to $5.00 in a research note on Wednesday, March 2nd.
About Chico’s FAS (Get Rating)
Chico's FAS, Inc operates as an omnichannel specialty retailer of women's private branded casual-to-dressy clothing, intimates, and complementary accessories. It operates under the Chico's, White House Black Market (WHBM)and Soma brands. The Chico's brand primarily sells private branded clothing focusing on women with moderate to high household income levels.
- Get a free copy of the StockNews.com research report on Chico’s FAS (CHS)
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