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

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$2.78 +0.27 (+10.76 %)
(As of 12/18/2018 01:07 PM ET)
Previous Close$2.51
Today's Range$2.53 - $2.78
52-Week Range$1.79 - $5.28
Volume114,284 shs
Average Volume3.13 million shs
Market Capitalization$487.67 million
P/E Ratio-135.00
Dividend YieldN/A
Beta1.62
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

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

Debt

Debt-to-Equity Ratio1.64
Current Ratio1.28
Quick Ratio0.45

Price-To-Earnings

Trailing P/E Ratio-135.00
Forward P/E Ratio39.71
P/E GrowthN/A

Sales & Book Value

Annual Sales$6.58 billion
Price / Sales0.08
Cash Flow$2.0145 per share
Price / Cash Flow1.38
Book Value$4.07 per share
Price / Book0.68

Profitability

EPS (Most Recent Fiscal Year)($0.02)
Net Income$-39,700,000.00
Net Margins-0.61%
Return on Equity-1.70%
Return on Assets-0.37%

Miscellaneous

Employees16,000
Outstanding Shares197,440,000
Market Cap$487.67 million
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 Monday, December, 10th. The specialty retailer reported $0.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.04 by $0.02. The specialty retailer had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.57 billion. Ascena Retail Group had a negative return on equity of 1.70% and a negative net margin of 0.61%. The firm's revenue for the quarter was up .1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.11 EPS. 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, March 4th 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 FY19 earnings guidance on Monday, December, 10th. The company provided earnings per share (EPS) guidance of $0.00-0.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.06. Ascena Retail Group also updated its FY 2019 guidance to $0.00-0.10 EPS.

What price target have analysts set for ASNA?

4 brokers have issued 1-year target prices for Ascena Retail Group's stock. Their forecasts range from $2.00 to $4.50. On average, they anticipate Ascena Retail Group's stock price to reach $3.50 in the next year. This suggests a possible upside of 25.9% 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.

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. " (11/7/2018)
  • 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)

Has Ascena Retail Group been receiving favorable news coverage?

Headlines about ASNA stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ascena Retail Group earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave news stories about the specialty retailer a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an effect on the company's share price in the near future.

Are investors shorting Ascena Retail Group?

Ascena Retail Group saw a increase in short interest during the month of November. As of November 30th, there was short interest totalling 46,005,208 shares, an increase of 1.2% from the November 15th total of 46,575,275 shares. Based on an average daily trading volume, of 2,448,630 shares, the days-to-cover ratio is presently 18.8 days. Currently, 29.3% of the shares of the 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)
  • Mr. Gary P. Muto, Pres & CEO of Ascena Brands (Age 59)

Who are Ascena Retail Group's major shareholders?

Ascena Retail Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.73%), Vanguard Group Inc. (8.41%), Vanguard Group Inc (8.41%), Dimensional Fund Advisors LP (8.36%), Renaissance Technologies LLC (3.66%) and Canada Pension Plan Investment Board (1.52%). 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 Morgan Stanley, Prudential Financial Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., Engineers Gate Manager LP and Wedge Capital Management L L P NC. 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 Renaissance Technologies LLC, BlackRock Inc., Canada Pension Plan Investment Board, Vanguard Group Inc, Vanguard Group Inc., TIAA CREF Investment Management LLC, Bridgeway Capital Management Inc. and Jefferies Group 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 $2.78.

How big of a company is Ascena Retail Group?

Ascena Retail Group has a market capitalization of $487.67 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 16,000 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:  382 (Vote Outperform)
Underperform Votes:  455 (Vote Underperform)
Total Votes:  837
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 12/18/2018 by MarketBeat.com Staff

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