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

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

Ascena Retail Group Inc (NASDAQ:ASNA) released its quarterly earnings data on Wednesday, June, 6th. The specialty retailer reported ($0.08) earnings per share for the quarter, topping analysts' consensus estimates of ($0.09) by $0.01. The specialty retailer had revenue of $1.50 billion for the quarter, compared to analysts' expectations of $1.47 billion. Ascena Retail Group had a negative net margin of 1.37% and a negative return on equity of 1.08%. The firm's revenue for the quarter was down 3.9% on a year-over-year basis. During the same quarter last year, the company earned $0.05 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, 24th 2018. View Earnings Estimates for Ascena Retail Group.

Ascena Retail Group issued an update on its fourth quarter earnings guidance on Monday, June, 4th. The company provided 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.

5 brokerages have issued 12 month price targets for Ascena Retail Group's shares. 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 year. This suggests that the stock has a possible downside of 13.0%. View Analyst Ratings 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."

Ascena Retail Group saw a increase in short interest during the month of 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 trading volume of 4,001,790 shares, the days-to-cover ratio is currently 10.1 days. Approximately 26.1% of the company's 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), Express (EXPR), Duluth (DLTH), Zumiez (ZUMZ), Tilly's (TLYS), Citi Trends (CTRN), Francesca's (FRAN), Vince (VNCE), Almost Never Films (HLWD), A�ropostale (AROPQ) and Crailar Technologies (CRLRQ).

News stories about ASNA stock have trended somewhat positive on Sunday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. 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 0.17 on Accern's scale. They also assigned news coverage about the specialty retailer an impact score of 46.44 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Ascena Retail Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Municipal Employees Retirement System of Michigan (0.02%). Company insiders that own Ascena Retail Group stock include Elliot S Jaffe, 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 Municipal Employees Retirement System of Michigan. Company insiders that have sold Ascena Retail Group company stock in the last year include John E Pershing and Krill Katherine Lawther. 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 $3.64.

Ascena Retail Group has a market capitalization of $725.99 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.

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.