Thanks to a 77.22 sell/buy ratio, Chico’s FAS, Inc. (NYSE:CHS) insider selling over the last three months picked up more than buying did. When insiders sell more shares of their company stock, it’s generally for one reason only: With inside knowledge of their company’s prospects, they expect the stock price to decline soon. CHS recorded 4 sales on the open market in the last three months. They sold nearly 154,432 shares while purchases amounted to 2,000 shares that period. Looking even further back to 12 months, corporate insiders offloaded 404,895 shares when buyers snapped up 1,049,789 shares. The 12-month’s totals signify about a 0.39-to-1 sell/buy ratio.
Baker Gregory S gathered a total of 2 thousand shares of Chico’s FAS, Inc. (CHS) at average share price of $4.95. This insider trade in the company took place on 11/29/2018. The total for the purchase was set at $9.9 thousand. After this transaction, the SVP & General Counsel account balance stood at 24.51 thousand shares. The stock grew 24.85 percent since that insider purchase. On 06/12/2017, Roeder Ross E, Director, sold 10 thousand shares at a price per share of $9.75. This removed 97.5 thousand shares from the insider’s fortune and the stock saw a -36.62 percent retreat in value since the news became public. This transaction left 109.33 thousand shares in the Director account.
On 06/01/2017, Director Roeder Ross E performed a sale transaction worth $47.5 thousand. This sale at $9.5 each has eliminated 5 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded -34.95 percent decrease since the transaction was reported. The insider now is left with 119.33 thousand shares remaining in the account. Noce Colaco Donna, who performs the Brand President WH|BM job, sold 51.24 thousand shares for $732.66 thousand. The disposal occurred on 03/29/2017 was priced at $14.3 per share. The share price plunged -56.78 percent since the reporting date. Noce Colaco Donna now left with a stake of 317.94 thousand CHS stock worth $1.96 million after the insider selling.
The 12-month median price target for Chico’s FAS, Inc. (CHS) assigned by the analysts stands at $5, which represents a return potential of -19.09 percent when compared to the closing price of the stock of $6.18 on Friday, January 11. The lowest price target for the stock is $4 — slightly more than -35.28 percent from CHS’s current share price. The stock will probably climb -11 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $7-month high price target. This represents a whopping 13.27 percent increase from where shares are trading today.
On momentum oscillators front, ‘RSI’ has touched 50.98 on daily chart, which may remain a cause for concern. If the price breaks below $5.76 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $6.38 mark may result into a pull-back move towards $6.58 level. The stock is currently hovering around the first support level of $5.97. Below this, the next support is placed in the zone of $5.76. Till the time, the CHS stock trades above this level, bulls have nothing to fear.
Shares of Chico’s FAS, Inc. (CHS) are trading at a P/E ratio of 12.16 times earnings reported for the past 12 months. The industry CHS operates in has an average P/E of 34.92. Its P/E ratio went as low as 16.66X and as high as 740.56 over the 5-year span. Further, it is sporting a 0.34 on the Price-to-Sales ratio. Compare this with the industry average P/S of 2.33. 37.7 percent is the gross profit margin for Chico’s FAS, Inc. and operating margin sits at 4.8 percent. Along with this, the net profit margin is 3.6 percent.
On 11th of January, Chico’s FAS, Inc. (NYSE:CHS) shares ended higher after a volatile session. The shares accumulated 0.25 points or 4.22 percent at $6.18 with a heavy trade volume of 9.468 million shares. After opening the session at $5.96, the shares went as high as $6.37 and as low as $5.96, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $746 million and now has 120.65 million shares outstanding. Chico’s FAS, Inc. (CHS) stock has gained 7.67 percent of market value in 21 trading days.
CHS stock has a trailing 3-year beta of 0.44, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was $0.51 a share in the trailing twelve months. The stock’s value has surged 9.96 percent year to date (YTD) against a decline of -29.69 percent in 12 month’s time. The company’s shares still trade -43.3 percent away from its 1-year high of $10.90 and 39.82 percent up from 52-week low of $4.42. The average consensus rating on the company is 3, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a hold.