Chico's FAS,
Inc. (CHS) is a retailer of clothing and gift items.
Key
Information:
Fundamental:
Sector:
Services
Industry:
Apparel Stores
Liquidity:
Market
Capitalization: $5.71 billion
Average daily
volume (3-month): 3.9 million shares
Closing Stock
Price: $31.39
Risk
Proxies:
52-week high /
52-week low: 1.72
Beta: 1.71
Debt/Equity: 0
Profitable:
Yes
Valuation:
Price/Sales:
4.01
Price/Book:
6.97
Price/Earnings:
29.53
Price/2007
Analyst Earnings Estimates: 20.25
Technical
Analysis
After
declining for more than three months, CHS began consolidating in a double
bottom formation. The stock broke out from this bullish pattern last
Friday, and then continued up strongly Monday. We view the breakout as a
very bullish sign, especially in consideration of the movements of the general
markets.
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Key
Levels
Buy:
Market
The breakout
occurred
Stop loss:
28.74
Below the lows
of the pattern
Target:
36.97
Slightly below
the highs of the gap
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