Chico's FAS - Value Alert
Texas (September 30, 2013) Wax Ink has issued a Positive Investment Interest opinion for Chico’s FAS (NYSE: CHS) based on a recent baseline equity review which placed fair value between $31-$36.
Positive investment interest means that the current risk reward ratio favors investment consideration at this time.
The recent close of $16.66 is approximately 11% below the fair value buy target for the stock and approximately 57% below the fair value close target for the stock. The recent close is also 12% below analysts’ twelve-month $19.00 median price target for the stock.
The recent close represents an 8% decrease in the one year price of the stock, while year-over-year sales increased 18%, year-over-year earnings increased 24%, and year-over-year debt increased 0%.
The stock currently has a trailing twelve-month PE Ratio of 9, a flow ratio of 0.9, and a PEG Ratio of 0.5 basis estimated forward earnings growth of 18.5%.
In the past 52 weeks, share prices have moved between a high of $19.95 and a low of $15.27, placing equilibrium at $16.89.
With the recent close, the stock is trading 20% below the 52 week high, 8% above the 52 week low, and 1% below equilibrium.
The three-month average daily trading volume for the stock is approximately 2.4 million shares.
Chico’s FAS together with its subsidiaries, operates as a specialty retailer of private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing items in the United States.
The company's listed competitors include Macy's, Nordstrom,and The Talbots.
Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending February 2, 2013.
All prices are per share unless otherwise noted.
Wax Ink currently has no investment position in any company mentioned in this alert.
For use by Accredited Investors as defined under Title 17, CFR §230.500, Regulation D.
Copyright © 2013 Wax Ink Wax Ink is a baseline equity research company not licensed or registered with any government agency