Chico's FAS, Inc. (NYSE:CHS) saw unusually large options trading activity on Thursday. Stock traders acquired 6,441 call options on the stock. This is an increase of approximately 6,680% compared to the average volume of 95 call options.

Shares of Chico's FAS (NYSE:CHS) traded up $0.17 during midday trading on Monday, reaching $9.73. 1,430,000 shares of the company’s stock traded hands, compared to its average volume of 2,930,000. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.88 and a current ratio of 1.86. Chico's FAS has a twelve month low of $6.96 and a twelve month high of $15.50. The firm has a market cap of $1,240.00, a PE ratio of 14.52, a price-to-earnings-growth ratio of 1.46 and a beta of 0.73.

Chico's FAS (NYSE:CHS) last announced its quarterly earnings data on Tuesday, November 21st. The specialty retailer reported $0.13 EPS for the quarter, meeting the consensus estimate of $0.13. Chico's FAS had a net margin of 3.77% and a return on equity of 13.98%. The business had revenue of $532.30 million during the quarter, compared to analysts’ expectations of $534.77 million. During the same period in the previous year, the business posted $0.20 EPS. The business’s quarterly revenue was down 10.8% compared to the same quarter last year. sell-side analysts forecast that Chico's FAS will post 0.65 earnings per share for the current fiscal year.

CHS has been the topic of several research analyst reports. FBR & Co reissued a “buy” rating and set a $14.00 target price on shares of Chico's FAS in a research report on Monday, October 2nd. Bank of America downgraded shares of Chico's FAS from a “neutral” rating to an “underperform” rating and dropped their target price for the stock from $8.50 to $7.00 in a research report on Wednesday, October 11th. KeyCorp reissued a “hold” rating on shares of Chico's FAS in a research report on Wednesday, October 11th. Citigroup downgraded shares of Chico's FAS from a “buy” rating to a “neutral” rating in a research report on Monday, October 16th. Finally, SunTrust Banks set a $12.00 target price on shares of Chico's FAS and gave the stock a “buy” rating in a research report on Monday, October 16th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $10.92.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in shares of Chico's FAS by 21.4% in the 2nd quarter. Vanguard Group Inc. now owns 15,134,008 shares of the specialty retailer’s stock valued at $142,563,000 after purchasing an additional 2,671,543 shares during the period. SG Capital Management LLC acquired a new position in shares of Chico's FAS in the 4th quarter valued at $6,437,000. Robeco Institutional Asset Management B.V. lifted its stake in shares of Chico's FAS by 108.4% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,259,455 shares of the specialty retailer’s stock valued at $11,273,000 after purchasing an additional 654,970 shares during the period. FMR LLC lifted its stake in shares of Chico's FAS by 56.8% in the 2nd quarter. FMR LLC now owns 1,738,378 shares of the specialty retailer’s stock valued at $16,376,000 after purchasing an additional 629,486 shares during the period. Finally, Wells Fargo & Company MN lifted its stake in shares of Chico's FAS by 43.5% in the 2nd quarter. Wells Fargo & Company MN now owns 1,991,298 shares of the specialty retailer’s stock valued at $18,757,000 after purchasing an additional 603,356 shares during the period.

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About Chico's FAS

Chico’s FAS, Inc is an omni-channel specialty retailer of women’s private branded, casual-to-dressy clothing, intimates and accessories, operating under the Chico’s, White House Black Market (WHBM) and Soma brand names. The Company is also engaged in the sale of merchandise in its domestic and international retail stores.

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