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 data on Wednesday, June, 6th. The specialty retailer reported ($0.08) earnings per share for the quarter, beating analysts' consensus estimates of ($0.09) by $0.01. The specialty retailer earned $1.50 billion during the quarter, compared to analyst estimates of $1.47 billion. Ascena Retail Group had a negative return on equity of 1.08% and a negative net margin of 1.37%. Ascena Retail Group's quarterly revenue was down 3.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.05 EPS. View Ascena Retail Group's Earnings History.

Ascena Retail Group is scheduled to release their next quarterly earnings announcement on Monday, September, 24th 2018. View Earnings Estimates for Ascena Retail Group.

Ascena Retail Group issued an update on its fourth quarter earnings guidance on Monday, June, 4th. The company provided earnings per share (EPS) guidance of ($0.05) to $0.05 for the period. The company issued revenue guidance of $1.62-1.66 billion, compared to the consensus revenue estimate of $1.58 billion.

5 brokerages have issued 12-month price objectives for Ascena Retail Group's shares. Their forecasts range from $3.00 to $4.50. On average, they expect Ascena Retail Group's share price to reach $3.50 in the next twelve months. This suggests that the stock has a possible downside of 25.7%. View Analyst Price Targets for Ascena Retail Group.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ascena Retail Group in the last year. There are currently 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ascena Retail Group.

Ascena Retail Group saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 44,214,316 shares, an increase of 3.9% from the July 13th total of 42,570,569 shares. Based on an average daily trading volume, of 1,866,646 shares, the short-interest ratio is currently 23.7 days. Approximately 28.3% of the shares of the stock are sold short. View Ascena Retail Group's Current Options Chain.

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

News headlines about ASNA stock have trended somewhat positive this week, according to Accern. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ascena Retail Group earned a daily sentiment score of 0.11 on Accern's scale. They also assigned news articles about the specialty retailer an impact score of 45.59 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Ascena Retail Group.

Ascena Retail Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.30%), Nomura Holdings Inc. (8.67%), Dimensional Fund Advisors LP (8.37%), Schwab Charles Investment Management Inc. (3.10%), Renaissance Technologies LLC (2.38%) and Sapience Investments LLC (2.08%). Company insiders that own Ascena Retail Group stock include Elliot S Jaffe, 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 Sapience Investments LLC, Nomura Holdings Inc., OppenheimerFunds Inc., California Public Employees Retirement System, Systematic Financial Management LP, Tocqueville Asset Management L.P., Mackay Shields LLC and Mutual Advisors LLC. Company insiders that have sold Ascena Retail Group company stock in the last year include John E Pershing and Krill Katherine Lawther. View Insider Buying and Selling for Ascena Retail Group.

ASNA stock was purchased by a variety of institutional investors in the last quarter, including Schwab Charles Investment Management Inc., Renaissance Technologies LLC, BlackRock Inc., Millennium Management LLC, Dimensional Fund Advisors LP, SG Americas Securities LLC, Canada Pension Plan Investment Board and Bank of America Corp DE. 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 $4.71.

Ascena Retail Group has a market capitalization of $839.80 million and generates $6.65 billion in revenue each year. The specialty retailer earns $-1,067,300,000.00 in net income (profit) each year or $0.22 on an earnings per share basis. Ascena Retail Group employs 64,000 workers across the globe.

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.