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) posted its quarterly earnings data on Monday, June, 10th. The specialty retailer reported ($0.26) EPS for the quarter, beating the Zacks' consensus estimate of ($0.37) by $0.11. The specialty retailer had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.43 billion. Ascena Retail Group had a negative net margin of 4.28% and a negative return on equity of 10.72%. The firm's revenue was down .1% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.08) EPS. View Ascena Retail Group's Earnings History.

Ascena Retail Group is scheduled to release their next quarterly earnings announcement on Monday, September 23rd 2019. View Earnings Estimates for Ascena Retail Group.

3 brokerages have issued 1-year target prices for Ascena Retail Group's stock. Their forecasts range from $1.00 to $1.05. On average, they expect Ascena Retail Group's share price to reach $1.0167 in the next twelve months. This suggests a possible upside of 235.4% from the stock's current price. View Analyst Price Targets for Ascena Retail Group.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ascena Retail Group in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ascena Retail Group.

News headlines about ASNA stock have been trending somewhat positive recently, InfoTrie reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ascena Retail Group earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave news stories about the specialty retailer a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Ascena Retail Group.

Ascena Retail Group saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 56,551,400 shares, an increase of 15.8% from the July 31st total of 48,850,800 shares. Based on an average daily trading volume, of 3,570,000 shares, the days-to-cover ratio is currently 15.8 days. Currently, 36.0% 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), Citi Trends (CTRN), Express (EXPR), Vince (VNCE), Francesca's (FRAN), Almost Never Films (HLWD) 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), Abercrombie & Fitch (ANF), American Eagle Outfitters (AEO), NVIDIA (NVDA), Micron Technology (MU), Under Armour (UAA), Intel (INTC), Netflix (NFLX) and Ford Motor (F).

Ascena Retail Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.10%), Nomura Holdings Inc. (7.64%), Nomura Holdings Inc. (7.64%), Vanguard Group Inc. (6.90%), Sapience Investments LLC (5.26%) and Primecap Management Co. CA (3.37%). 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 Vanguard Group Inc., Nomura Holdings Inc., Nomura Holdings Inc., Primecap Management Co. CA, Renaissance Technologies LLC, AQR Capital Management LLC, Acadian Asset Management LLC and BlackRock Inc.. View Insider Buying and Selling for Ascena Retail Group.

ASNA stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Canada Pension Plan Investment Board, ICM Asset Management Inc. WA, Sapience Investments LLC, Morgan Stanley, FNY Investment Advisers LLC, A.R.T. Advisors LLC and Charles Schwab Investment Management Inc.. 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, Robinhood, Fidelity and Charles Schwab.

One share of ASNA stock can currently be purchased for approximately $0.3031.

Ascena Retail Group has a market capitalization of $59.95 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.View Additional Information About Ascena Retail Group.

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]