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

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

Ascena Retail Group Inc (NASDAQ:ASNA) released its earnings results on Thursday, March, 14th. The specialty retailer reported ($0.26) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.25) by $0.01. The specialty retailer earned $1.69 billion during the quarter, compared to the consensus estimate of $1.71 billion. Ascena Retail Group had a negative net margin of 1.11% and a negative return on equity of 5.27%. The business's revenue was down 1.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.12) EPS. View Ascena Retail Group's Earnings History.

Ascena Retail Group is scheduled to release their next quarterly earnings announcement on Monday, June 3rd 2019. View Earnings Estimates for Ascena Retail Group.

Ascena Retail Group issued an update on its third quarter 2019 earnings guidance on Thursday, March, 14th. The company provided earnings per share (EPS) guidance of $-0.45--0.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.02. The company issued revenue guidance of $1.43-1.46 billion, compared to the consensus revenue estimate of $1.52 billion.

4 equities research analysts have issued twelve-month price targets for Ascena Retail Group's stock. Their forecasts range from $1.05 to $4.50. On average, they anticipate Ascena Retail Group's stock price to reach $3.1833 in the next year. This suggests a possible upside of 152.6% from the stock's current price. View Analyst Price Targets for Ascena Retail Group.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ascena Retail Group in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ascena Retail Group.

News articles about ASNA stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ascena Retail Group earned a news impact score of 1.9 on InfoTrie's scale. They also gave media coverage about the specialty retailer a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Ascena Retail Group saw a increase in short interest during the month of April. As of April 15th, there was short interest totalling 57,412,386 shares, an increase of 6.2% from the March 29th total of 54,082,789 shares. Based on an average daily trading volume, of 3,496,445 shares, the short-interest ratio is presently 16.4 days. Currently, 36.5% of the company's shares are short sold. View Ascena Retail Group's Current Options Chain.

Some companies that are related to Ascena Retail Group include Zumiez (ZUMZ), Duluth (DLTH), Tailored Brands (TLRD), Tilly's (TLYS), Express (EXPR), Citi Trends (CTRN), Vince (VNCE), Francesca's (FRAN), Almost Never Films (HLWD), A�ropostale (AROPQ) and Crailar Technologies (CRLRQ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ascena Retail Group investors own include General Electric (GE), Rite Aid (RAD), American Eagle Outfitters (AEO), Micron Technology (MU), NVIDIA (NVDA), Abercrombie & Fitch (ANF), Under Armour (UAA), Cisco Systems (CSCO), Intel (INTC) and Netflix (NFLX).

Ascena Retail Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.21%), Dimensional Fund Advisors LP (8.07%), Sapience Investments LLC (4.66%), Primecap Management Co. CA (4.07%), Renaissance Technologies LLC (3.44%) and Charles Schwab Investment Management Inc. (2.53%). Company insiders that own Ascena Retail Group stock include John E Pershing and Krill Katherine Lawther. View Institutional Ownership Trends for Ascena Retail Group.

ASNA stock was sold by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, Morgan Stanley, Dimensional Fund Advisors LP, SG Americas Securities LLC, Acadian Asset Management LLC, Renaissance Technologies LLC, Parametric Portfolio Associates LLC and California Public Employees Retirement System. View Insider Buying and Selling for Ascena Retail Group.

ASNA stock was purchased by a variety of institutional investors in the last quarter, including Sapience Investments LLC, OppenheimerFunds Inc., New York State Common Retirement Fund, Spark Investment Management LLC, FNY Investment Advisers LLC, Lombard Odier Asset Management USA Corp, AQR Capital Management LLC and Wedge Capital Management L L P NC. 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, Scottrade, Fidelity and Charles Schwab.

One share of ASNA stock can currently be purchased for approximately $1.26.

Ascena Retail Group has a market capitalization of $248.94 million and generates $6.58 billion in revenue each year. The specialty retailer earns $-39,700,000.00 in net income (profit) each year or ($0.02) on an earnings per share basis. Ascena Retail Group employs 63,000 workers across the globe.

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]