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 earnings results on Monday, June, 10th. The specialty retailer reported ($0.26) EPS for the quarter, topping the consensus estimate of ($0.37) by $0.11. The specialty retailer earned $1.27 billion during 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 for the quarter was down .1% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.08) earnings per share. 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.

Ascena Retail Group updated its fourth quarter 2019 earnings guidance on Monday, June, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.175-1.215 billion, compared to the consensus revenue estimate of $1.66 billion.

3 Wall Street analysts have issued 12 month target prices for Ascena Retail Group's shares. 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 298.5% 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 stories about ASNA stock have been trending positive this week, InfoTrie reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ascena Retail Group earned a daily sentiment score of 2.5 on InfoTrie's scale. They also assigned media stories about the specialty retailer a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the next few days. View News Stories for Ascena Retail Group.

Ascena Retail Group saw a decrease in short interest in July. As of July 15th, there was short interest totalling 48,907,200 shares, a decrease of 21.1% from the June 15th total of 61,990,700 shares. Based on an average trading volume of 3,850,000 shares, the days-to-cover ratio is currently 12.7 days. Approximately 31.2% 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 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), American Eagle Outfitters (AEO), Micron Technology (MU), NVIDIA (NVDA), Abercrombie & Fitch (ANF), Under Armour (UAA), Intel (INTC), Netflix (NFLX) and Ford Motor (F).

Ascena Retail Group's stock is owned by a variety 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 bought 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, Scottrade, Fidelity and Charles Schwab.

One share of ASNA stock can currently be purchased for approximately $0.2551.

Ascena Retail Group has a market capitalization of $50.46 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]