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) issued its quarterly earnings results on Thursday, March, 14th. The specialty retailer reported ($0.26) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.25) by $0.01. The specialty retailer had revenue of $1.69 billion for the quarter, compared to analysts' expectations 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 company's revenue was down 1.5% on a year-over-year basis. During the same period last year, the business earned ($0.12) earnings per share. 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 guidance of $-0.45--0.35 for the period, compared to the Thomson Reuters consensus 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 1 year price objectives for Ascena Retail Group's stock. Their predictions range from $2.00 to $4.50. On average, they anticipate Ascena Retail Group's stock price to reach $3.50 in the next year. This suggests a possible upside of 201.7% 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 1 sell rating and 3 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 negative on Monday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ascena Retail Group earned a news impact score of -1.1 on InfoTrie's scale. They also gave news coverage about the specialty retailer a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days.

Ascena Retail Group saw a increase in short interest in February. As of February 28th, there was short interest totalling 50,080,511 shares, an increase of 2.8% from the February 15th total of 48,716,945 shares. Based on an average daily volume of 2,864,645 shares, the days-to-cover ratio is presently 17.5 days. Currently, 31.9% of the company's shares are sold short. View Ascena Retail Group's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Ascena Retail Group investors own include General Electric (GE), Micron Technology (MU), Under Armour (UAA), NVIDIA (NVDA), Bank of America (BAC), Netflix (NFLX), Intel (INTC), Ford Motor (F), Cisco Systems (CSCO) and Verizon Communications (VZ).

Ascena Retail Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.16%), Dimensional Fund Advisors LP (8.32%), Dimensional Fund Advisors LP (8.32%), Sapience Investments LLC (2.93%), Connor Clark & Lunn Investment Management Ltd. (1.50%) and Canada Pension Plan Investment Board (1.20%). 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 Canada Pension Plan Investment Board, Royce & Associates LP, SG Americas Securities LLC, Bank of America Corp DE, California Public Employees Retirement System, Barrow Hanley Mewhinney & Strauss LLC, CSat Investment Advisory L.P. and Dimensional Fund Advisors LP. View Insider Buying and Selling for Ascena Retail Group.

ASNA stock was bought by a variety of institutional investors in the last quarter, including Sapience Investments LLC, Acadian Asset Management LLC, BlackRock Inc., Norges Bank, Kepos Capital LP, Connor Clark & Lunn Investment Management Ltd., Geode Capital Management LLC and Geode Capital Management 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, Scottrade, Fidelity and Charles Schwab.

One share of ASNA stock can currently be purchased for approximately $1.16.

Ascena Retail Group has a market capitalization of $229.18 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]