NASDAQ:ASNA - Ascena Retail Group Stock Price, News, & Analysis

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$1.30 -0.06 (-4.41 %)
(As of 03/19/2019 04:07 AM ET)
Previous Close$1.36
Today's Range$1.29 - $1.58
52-Week Range$1.29 - $5.28
Volume4.10 million shs
Average Volume2.89 million shs
Market Capitalization$256.67 million
P/E Ratio-65.00
Dividend YieldN/A
Beta1.44
Ascena 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 four segments: Premium Fashion, Value Fashion, Plus Fashion, and Kids Fashion. It offers a range of merchandise, including apparel, accessories, footwear, and intimates; and lifestyle products comprising cosmetics and bedroom accessories. 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. The company operates approximately 4,800 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, maurices.com, dressbarn.com, lanebryant.com, catherines.com, and shopjustice.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

Industry N/A
Sub-IndustryApparel Retail
SectorRetail/Wholesale
Current SymbolNASDAQ:ASNA
Previous SymbolNASDAQ:DBRN
CUSIP04351G10
Phone551-777-6700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.58 billion
Cash Flow$1.1404 per share
Book Value$4.07 per share

Profitability

Net Income$-39,700,000.00

Miscellaneous

Employees63,000
Market Cap$256.67 million
Next Earnings Date6/3/2019 (Estimated)
OptionableOptionable

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 Thursday, March, 14th. The specialty retailer reported ($0.26) earnings per share for the quarter, missing analysts' consensus estimates of ($0.25) by $0.01. The specialty retailer earned $1.69 billion during the quarter, compared to analysts' expectations of $1.71 billion. Ascena Retail Group had a negative net margin of 0.61% and a negative return on equity of 1.70%. The firm's quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.12) 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, June 3rd 2019. View Earnings Estimates for Ascena Retail Group.

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

Ascena Retail Group updated its third quarter 2019 earnings guidance on Thursday, March, 14th. The company provided earnings per share (EPS) guidance of $-0.45--0.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.02. The company issued revenue guidance of $1.43-1.46 billion, compared to the consensus revenue estimate of $1.52 billion.

What price target have analysts set for ASNA?

4 brokerages have issued 1 year price objectives for Ascena Retail Group's shares. Their forecasts range from $2.00 to $4.50. On average, they expect Ascena Retail Group's share price to reach $3.50 in the next twelve months. This suggests a possible upside of 169.2% from the stock's current price. View Analyst Price Targets for Ascena Retail Group.

What is the consensus analysts' recommendation for Ascena Retail Group?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ascena Retail Group in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ascena Retail Group.

Has Ascena Retail Group been receiving favorable news coverage?

News coverage about ASNA stock has trended very negative on Tuesday, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news 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 news sentiment score of -3.4 on InfoTrie's scale. They also assigned press coverage about the specialty retailer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days.

Are investors shorting Ascena Retail Group?

Ascena Retail Group saw a increase in short interest in February. As of February 28th, there was short interest totalling 50,080,511 shares, an increase of 2.8% from the February 15th total of 48,716,945 shares. Based on an average trading volume of 2,864,645 shares, the short-interest ratio is presently 17.5 days. Currently, 31.9% of the shares of the company are sold short. View Ascena Retail Group's Current Options Chain.

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

What other stocks do shareholders of Ascena Retail Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ascena Retail Group investors own include General Electric (GE), Micron Technology (MU), Under Armour (UAA), NVIDIA (NVDA), Netflix (NFLX), Intel (INTC), Ford Motor (F), Cisco Systems (CSCO), Verizon Communications (VZ) and Caterpillar (CAT).

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 61)
  • Mr. Brian E. Lynch, Pres & COO (Age 61)
  • Mr. Robert Giammatteo, Exec. VP & CFO (Age 47)
  • Mr. John Pershing, Exec. VP & Chief HR Officer (Age 48)
  • Mr. Gary P. Muto, Pres & CEO of Ascena Brands (Age 60)

Who are Ascena Retail Group's major shareholders?

Ascena Retail Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.16%), Dimensional Fund Advisors LP (8.32%), Dimensional Fund Advisors LP (8.32%), Sapience Investments LLC (2.93%), Connor Clark & Lunn Investment Management Ltd. (1.50%) and Canada Pension Plan Investment Board (1.20%). Company insiders that own Ascena Retail Group stock include John E Pershing and Krill Katherine Lawther. View Institutional Ownership Trends for Ascena Retail Group.

Which institutional investors are selling Ascena Retail Group stock?

ASNA stock was sold by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Royce & Associates LP, SG Americas Securities LLC, Bank of America Corp DE, California Public Employees Retirement System, Barrow Hanley Mewhinney & Strauss LLC, CSat Investment Advisory L.P. and Dimensional Fund Advisors LP. View Insider Buying and Selling for Ascena Retail Group.

Which institutional investors are buying Ascena Retail Group stock?

ASNA stock was purchased by a variety of institutional investors in the last quarter, including Sapience Investments LLC, Acadian Asset Management LLC, BlackRock Inc., Norges Bank, Kepos Capital LP, Connor Clark & Lunn Investment Management Ltd., Geode Capital Management LLC and Geode Capital Management LLC. View Insider Buying and Selling for Ascena Retail Group.

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 $1.30.

How big of a company is Ascena Retail Group?

Ascena Retail Group has a market capitalization of $256.67 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.

What is Ascena Retail Group's official website?

The official website for Ascena Retail Group is http://www.ascenaretail.com.

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 or via email at [email protected]


MarketBeat Community Rating for Ascena Retail Group (NASDAQ ASNA)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  390 (Vote Outperform)
Underperform Votes:  465 (Vote Underperform)
Total Votes:  855
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 3/19/2019 by MarketBeat.com Staff

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