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

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

Ascena Retail Group shares reverse split before market open on Thursday, December 19th 2019. The 1-20 reverse split was announced on Thursday, December 19th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, December 18th 2019. An investor that had 100 shares of Ascena Retail Group stock prior to the reverse split would have 5 shares after the split.

Ascena Retail Group Inc (NASDAQ:ASNA) announced its quarterly earnings data on Monday, June, 10th. The specialty retailer reported ($5.20) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($7.40) by $2.20. The specialty retailer had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.43 billion. Ascena Retail Group had a negative return on equity of 23.56% and a negative net margin of 11.13%. The company's revenue was down .1% on a year-over-year basis. During the same period in the previous year, the company posted ($1.60) EPS. View Ascena Retail Group's Earnings History.

Ascena Retail Group is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. View Earnings Estimates for Ascena Retail Group.

3 Wall Street analysts have issued twelve-month price targets for Ascena Retail Group's shares. Their forecasts range from $20.00 to $21.00. On average, they anticipate Ascena Retail Group's share price to reach $20.33 in the next twelve months. This suggests a possible upside of 212.8% 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.

Media headlines about ASNA stock have been trending somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Ascena Retail Group earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned news stories about the specialty retailer a news buzz of 0.0 out of 10, indicating that recent press 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 drop in short interest in the month of December. As of December 31st, there was short interest totalling 1,900,000 shares, a drop of 94.5% from the December 15th total of 34,250,000 shares. Based on an average trading volume of 195,900 shares, the days-to-cover ratio is currently 9.7 days. Approximately 21.6% of the shares of the company are short sold. View Ascena Retail Group's Current Options Chain.

Some companies that are related to Ascena Retail Group include TJX Companies (TJX), Ross Stores (ROST), GAP (GPS), Foot Locker (FL), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Guess? (GES), Buckle (BKE), Designer Brands (DBI), Abercrombie & Fitch (ANF), Childrens Place (PLCE), Zumiez (ZUMZ), Caleres (CAL), Genesco (GCO) and Shoe Carnival (SCVL).

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), Ford Motor (F), NVIDIA (NVDA), Under Armour (UAA), Intel (INTC), Micron Technology (MU) and Netflix (NFLX).

Ascena Retail Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FNY Investment Advisers LLC (0.50%). View Institutional Ownership Trends for Ascena Retail Group.

ASNA stock was sold by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC. 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 $6.50.

Ascena Retail Group has a market capitalization of $64.82 million and generates $5.49 billion in revenue each year. Ascena Retail Group employs 53,000 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]