Chicos FAS - Upgrades & Downgrades

May 19, 2011 9:35 AM EDT

NEW YORK ( TheStreet Ratings) -- TheStreet Ratings' stock model upgraded Chicos FAS ( CHS) to 'Buy' from 'Hold'. Net income at this $2.6 billion market cap specialty retailer grew by 29.7% to a profit of $45.9 million compared to in the prior first quarter.

TheStreet Ratings released rating changes on 13 U.S. common stocks for May 18, 2011. In total, 11 stocks were upgraded and two stocks were downgraded by our stock model.

In the first quarter, Chicos FAS reported $537 million in revenue, an increase of 11.5% compared to the year earlier quarter. Learn more about Chicos FAS: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.

$617 million market cap, Chinese travel agency, eLong Inc ADR ( LONG) was upgraded by our stock model to 'Buy' from 'Hold'. In first quarter results, eLong reported net profit of $1.2 million, up 35.4% from the year earlier quarter. Over the same time period, revenue gained 28.4% to $19.0 million. Learn more about eLong: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.

-- Reported by Kevin Baker in Jupiter, FL.

For additional Investment Research check out our Ratings Research Center.

If you liked this article you might like

Don't expect any meaningful change in the Russell 2000 ETF.

Bob Byrne

May 25, 2017 7:00 AM EDT

Prepare for a week of Fedspeak as members prime markets for a potential interest rate hike in June.

Keris Alison Lahiff

May 22, 2017 3:13 PM EDT

Mall-bases retailers' stocks are gaining this afternoon.

Amanda Schiavo

Apr 6, 2017 2:55 PM EDT

Investment manager Marcato Capital Management says the changes to the board 'do not go far enough,' even though one of the nominees came from its dissident slate.

Anders Keitz

Mar 28, 2017 7:15 AM EDT

Chicos FAS - Upgrades & Downgrades

If you liked this article you might like

Trending

Advertising Partners

If you liked this article you might like

Trader's Daily Notebook: The Grind Goes On

Week Ahead: With Trump Out of Washington, the Focus Returns to Fed Forecasts

L Brands, Other Mall Retailer Stocks Rising on March Sales Figures

Activist Investor Marcato Rebukes Buffalo Wild Wings Director Nominations

Trending