NASDAQ:ASNA - Ascena Retail Group Stock Price, Forecast & News

Ascena Retail Group trades on the NASDAQ under the ticker symbol "ASNA."

Ascena Retail Group's stock reverse split on the morning of Thursday, December 19th 2019. The 1-20 reverse split was announced on Thursday, December 19th 2019. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, December 18th 2019. An investor that had 100 shares of Ascena Retail Group stock prior to the reverse split would have 5 shares after the split.

Ascena Retail Group Inc (NASDAQ:ASNA) released its quarterly earnings data on Monday, December, 9th. The specialty retailer reported $3.60 earnings per share for the quarter. The specialty retailer had revenue of $1.30 billion for the quarter. Ascena Retail Group had a negative net margin of 11.13% and a negative return on equity of 23.56%. View Ascena Retail Group's Earnings History.

Ascena Retail Group is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. View Earnings Estimates for Ascena Retail Group.

3 brokers have issued 12 month price objectives for Ascena Retail Group's shares. Their forecasts range from $20.00 to $21.00. On average, they anticipate Ascena Retail Group's stock price to reach $20.33 in the next twelve months. This suggests a possible upside of 324.5% from the stock's current price. View Analyst Price Targets for Ascena Retail Group.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ascena Retail Group in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ascena Retail Group.

Media headlines about ASNA stock have trended very negative on Tuesday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Ascena Retail Group earned a news impact score of -3.0 on InfoTrie's scale. They also gave media stories about the specialty retailer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Ascena Retail Group.

Ascena Retail Group saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 2,120,000 shares, an increase of 11.6% from the January 15th total of 1,900,000 shares. Based on an average trading volume of 204,500 shares, the days-to-cover ratio is currently 10.4 days. Approximately 24.2% of the company's stock are short sold. View Ascena Retail Group's Current Options Chain.

Some companies that are related to Ascena Retail Group include TJX Companies (TJX), Ross Stores (ROST), GAP (GPS), Foot Locker (FL), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Guess? (GES), Buckle (BKE), Childrens Place (PLCE), Designer Brands (DBI), Abercrombie & Fitch (ANF), Zumiez (ZUMZ), Genesco (GCO), Caleres (CAL) and Chico's FAS (CHS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ascena Retail Group investors own include General Electric (GE), Abercrombie & Fitch (ANF), Rite Aid (RAD), American Eagle Outfitters (AEO), Ford Motor (F), Under Armour (UAA), Verizon Communications (VZ), NVIDIA (NVDA), Kohl's (KSS) and Intel (INTC).

Ascena Retail Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Stadium Capital Management LLC (9.64%), Charles Schwab Investment Management Inc. (7.97%), Renaissance Technologies LLC (3.85%), ICM Asset Management Inc. WA (1.59%), Connor Clark & Lunn Investment Management Ltd. (1.58%) and Marshall Wace LLP (1.24%). View Institutional Ownership Trends for Ascena Retail Group.

ASNA stock was sold by a variety of institutional investors in the last quarter, including Stadium Capital Management LLC, Charles Schwab Investment Management Inc., Renaissance Technologies LLC, Connor Clark & Lunn Investment Management Ltd., ICM Asset Management Inc. WA, Geode Capital Management LLC, Spark Investment Management LLC and Bank of America Corp DE. View Insider Buying and Selling for Ascena Retail Group.

ASNA stock was bought by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Oxford Asset Management LLP and Berylson Capital Partners LLC. View Insider Buying and Selling for Ascena Retail Group.

Shares of ASNA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of ASNA stock can currently be purchased for approximately $4.79.

Ascena Retail Group has a market capitalization of $47.77 million and generates $5.49 billion in revenue each year. Ascena Retail Group employs 53,000 workers across the globe.View Additional Information About Ascena Retail Group.

The official website for Ascena Retail Group is http://www.ascenaretail.com/.

Ascena Retail Group's mailing address is 933 MacArthur Boulevard, Mahwah NJ, 07430. The specialty retailer can be reached via phone at 551-777-6700 or via email at [email protected]