Drilling Down Into Chico’s FAS, Inc. (CHS)

Chico’s FAS, Inc. (CHS) is an interesting player in the Services space, with a focus on Apparel Stores. The stock has been active on the tape, currently trading at $10.76, up from yesterday’s close by 3.36%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Chico’s FAS, Inc. (CHS) currently trades with a market capitalization of $1.35 Billion. That value represents a market adjusting for revenues that have been falling by -2.16 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $118.35 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.26 on a per share basis this quarter. Perhaps, that suggests something about why 5.19% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Chico’s FAS, Inc. recorded a 52-week high of $12.78. It is now trading 2.02% off that level. The stock is trading $9.55 its 50-day moving average by -1.21%. The stock carved out a 52-week low down at $6.96.

In recent action, Chico’s FAS, Inc. (CHS) has made a move of +5.91% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.61, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 9.12% with $125.44 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of CHS.

Previous articleNewfield Exploration Company (NFX): From Top to Bottom
Next articleJust the Facts on Idera Pharmaceuticals, Inc. (IDRA)