NASDAQ:ASNA - Ascena Retail Group Stock Price, Price Target & More

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

Ascena Retail Group Inc (NASDAQ:ASNA) announced its quarterly earnings data on Wednesday, June, 6th. The specialty retailer reported ($0.08) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.09) by $0.01. The specialty retailer earned $1.50 billion during the quarter, compared to analysts' expectations of $1.47 billion. Ascena Retail Group had a negative net margin of 1.37% and a negative return on equity of 1.08%. The business's quarterly revenue was down 3.9% compared to the same quarter last year. During the same period in the previous year, the company 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 updated 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 equities research analysts have issued 12-month target prices for Ascena Retail Group's shares. Their forecasts range from $3.00 to $3.50. On average, they expect Ascena Retail Group's share price to reach $3.1667 in the next twelve months. This suggests that the stock has a possible downside of 13.0%. View Analyst Ratings 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."

Ascena Retail Group saw a increase in short interest in June. As of June 29th, there was short interest totalling 40,428,825 shares, an increase of 15.7% from the June 15th total of 34,956,447 shares. Based on an average daily volume of 4,001,790 shares, the days-to-cover ratio is presently 10.1 days. Currently, 26.1% 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 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 been trending somewhat negative this week, according to Accern Sentiment. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ascena Retail Group earned a media sentiment score of -0.02 on Accern's scale. They also assigned media stories about the specialty retailer an impact score of 47.17 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Ascena Retail Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Municipal Employees Retirement System of Michigan (0.02%). 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 Municipal Employees Retirement System of Michigan. 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.

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 $3.64.

Ascena Retail Group has a market capitalization of $725.99 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.