Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Chico's FAS (NYSE: CHS) is trading at unusually high volume Thursday with 5.7 million shares changing hands. It is currently at two times its average daily volume and trading up 51 cents (+3.1%) at $16.92 as of 3:25 p.m. ET.
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Chico's FAS has a market cap of $2.72 billion and is part of the services sector and retail industry. Shares are down 11.1% year to date as of the close of trading on Wednesday. Chico's FAS, Inc., 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 has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Chico's FAS as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Chico's FAS Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.
Activist investor Mitarotonda steps up his insurgency campaign at the woman's retailer with a 10-page letter while University of Delaware's Charles Elson raises concerns about a company director nominee