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

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$3.46 +0.18 (+5.49 %)
(As of 07/17/2018 06:05 AM ET)
Previous Close$3.28
Today's Range$3.21 - $3.50
52-Week Range$1.69 - $4.74
Volume2.84 million shs
Average Volume3.35 million shs
Market Capitalization$643.59 million
P/E RatioN/A
Dividend YieldN/A
Beta1.75
Ascena Retail Group logoAscena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics and bedroom furnishings; and wear-to-work, sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise Ann Taylor, LOFT, maurices, dressbarn, Lane Bryant, Catherines, and Justice brands. As of July 29, 2017, the company operated approximately 4,800 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Apparel & accessory stores
Sub-IndustryApparel Retail
SectorRetail/Wholesale
SymbolNASDAQ:ASNA
CUSIP04351G10
Phone551-777-6700

Debt

Debt-to-Equity Ratio1.91
Current Ratio1.28
Quick Ratio0.57

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$6.65 billion
Price / Sales0.10
Cash Flow$6.2909 per share
Price / Cash0.55
Book Value$4.21 per share
Price / Book0.82

Profitability

EPS (Most Recent Fiscal Year)$0.22
Net Income$-1,067,300,000.00
Net Margins-1.37%
Return on Equity-1.08%
Return on Assets-0.23%

Miscellaneous

Employees64,000
Outstanding Shares196,210,000
Market Cap$643.59

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Ascena Retail Group (NASDAQ:ASNA) Frequently Asked Questions

What is Ascena Retail Group's stock symbol?

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

How were Ascena Retail Group's earnings last quarter?

Ascena Retail Group Inc (NASDAQ:ASNA) released 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 the consensus estimate of $1.47 billion. Ascena Retail Group had a negative return on equity of 1.08% and a negative net margin of 1.37%. The firm's revenue was down 3.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.05 earnings per share. View Ascena Retail Group's Earnings History.

When is Ascena Retail Group's next earnings date?

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

What guidance has Ascena Retail Group issued on next quarter's earnings?

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.

What price target have analysts set for ASNA?

5 equities research analysts have issued 1-year price objectives for Ascena Retail Group's stock. 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 8.5%. View Analyst Ratings for Ascena Retail Group.

What is the consensus analysts' recommendation 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."

What are Wall Street analysts saying about Ascena Retail Group stock?

Here are some recent quotes from research analysts about Ascena Retail Group stock:
  • 1. According to Zacks Investment Research, "Ascena Retail Group, Inc, formerly known as The Dress Barn, Inc., operates as a national specialty retailer of apparel for women and girls under the Dressbarn, Maurices and Justice brands. Its Dressbarn stores offer casual, career and special occasion fashion apparel and accessories; Maurices stores offer casual and career apparel and accessories; and Justice stores offer trend-right apparel and accessories. Ascena Retail Group, Inc. is based in Suffern, New York. " (7/11/2018)
  • 2. Guggenheim analysts commented, "We would note several data points in 3Q18 including 1) continued strength at Justice (+10% comp, +7% in 2Q), 2) momentum in the business (4Q QTD comps up +MSD%), and 3) the continued store base rationalization (27 store closures in 3Q). We remain NEUTRAL-rated as we continue to await stabilization in the top-line." (6/5/2018)

Are investors shorting Ascena Retail Group?

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 short-interest ratio is presently 10.1 days. Approximately 26.1% of the company's stock are short sold. View Ascena Retail Group's Current Options Chain.

Who are some of Ascena Retail Group's key competitors?

Who are Ascena Retail Group's key executives?

Ascena Retail Group's management team includes the folowing people:
  • Mr. David R. Jaffe, CEO & Chairman (Age 60)
  • Mr. Brian E. Lynch, Pres & COO (Age 60)
  • Mr. Robert Giammatteo, Exec. VP & CFO (Age 46)
  • Mr. John Pershing, Exec. VP & Chief HR Officer (Age 47)
  • Mrs. Roslyn S. Jaffe, Co-Founder, Sec. & Director Emeritus (Age 89)

Has Ascena Retail Group been receiving favorable news coverage?

News stories about ASNA stock have been trending somewhat negative this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ascena Retail Group earned a media sentiment score of -0.04 on Accern's scale. They also assigned press coverage about the specialty retailer an impact score of 43.63 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

How do I buy shares of 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.

What is Ascena Retail Group's stock price today?

One share of ASNA stock can currently be purchased for approximately $3.46.

How big of a company is Ascena Retail Group?

Ascena Retail Group has a market capitalization of $643.59 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.

How can I contact Ascena Retail Group?

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.


MarketBeat Community Rating for Ascena Retail Group (NASDAQ ASNA)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  341 (Vote Outperform)
Underperform Votes:  411 (Vote Underperform)
Total Votes:  752
MarketBeat's community ratings are surveys of what our community members think about Ascena Retail Group and other stocks. Vote "Outperform" if you believe ASNA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ASNA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/17/2018 by MarketBeat.com Staff

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