In the past week, CHS stock has gone up by 0.67%, with a monthly gain of 18.16% and a quarterly surge of 7.46%. The volatility ratio for the week is 4.01%, and the volatility levels for the last 30 days are 4.88% for Chico’s FAS Inc. The simple moving average for the last 20 days is 9.22% for CHS stock, with a simple moving average of 10.83% for the last 200 days.
Is It Worth Investing in Chico’s FAS Inc. (NYSE: CHS) Right Now?
Chico’s FAS Inc. (NYSE: CHS) has a higher price-to-earnings ratio of 6.95x compared to its average ratio. compared to its average ratio and a 36-month beta value of 1.22. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for Chico’s FAS Inc. (CHS) is $6.00, which is -$0.05 below the current market price. The public float for CHS is 120.31M, and currently, short sellers hold a 10.36% ratio of that float. The average trading volume of CHS on March 15, 2023 was 2.41M shares.
CHS) stock’s latest price update
Chico’s FAS Inc. (NYSE: CHS)’s stock price has increased by 3.24 compared to its previous closing price of 5.86. Despite this, the company has experienced a 0.67% gain in its stock price over the last five trading sessions.
Analysts’ Opinion of CHS
In the past week, CHS stock has gone up by 0.67%, with a monthly gain of 18.16% and a quarterly surge of 7.46%. The volatility ratio for the week is 4.01%, and the volatility levels for the last 30 days are 4.88% for Chico’s FAS Inc. The simple moving average for the last 20 days is 9.22% for CHS stock, with a simple moving average of 10.83% for the last 200 days.
Analysts’ Opinion of CHS
Many brokerage firms have already submitted their reports for CHS stocks, with B. Riley Securities repeating the rating for CHS by listing it as a “Neutral.” The predicted price for CHS in the upcoming period, according to B. Riley Securities is $1.50 based on the research report published on November 17th of the previous year 2020.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see CHS reach a price target of $5, previously predicting the price at $3. The rating they have provided for CHS stocks is “Market Perform” according to the report published on November 27th, 2019.
Telsey Advisory Group gave a rating of “Market Perform” to CHS, setting the target price at $3 in the report published on August 29th of the previous year.
CHS Trading at 15.70% from the 50-Day Moving Average
After a stumble in the market that brought CHS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.18% of loss for the given period.
Volatility was left at 4.88%, however, over the last 30 days, the volatility rate increased by 4.01%, as shares surge +18.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.78% upper at present.
During the last 5 trading sessions, CHS rose by +0.67%, which changed the moving average for the period of 200-days by +32.68% in comparison to the 20-day moving average, which settled at $5.59. In addition, Chico’s FAS Inc. saw 22.97% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CHS starting from Brooks Bonnie R., who sale 30,400 shares at the price of $6.15 back on Mar 10. After this action, Brooks Bonnie R. now owns 774,240 shares of Chico’s FAS Inc., valued at $186,960 using the latest closing price.
Brooks Bonnie R., the Director of Chico’s FAS Inc., sale 100,000 shares at $5.75 during a trade that took place back on Nov 30, which means that Brooks Bonnie R. is holding 892,527 shares at $575,000 based on the most recent closing price.
Stock Fundamentals for CHS
Current profitability levels for the company are sitting at:
- +6.64 for the present operating margin
- +39.14 for the gross margin
The net margin for Chico’s FAS Inc. stands at +5.07. Equity return is now at value 44.50, with 10.30 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.14.
Conclusion
To put it simply, Chico’s FAS Inc. (CHS) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
