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 quarterly earnings results on Thursday, March, 14th. The specialty retailer reported ($0.26) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate 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 return on equity of 5.27% and a negative net margin of 1.11%. The firm's revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.12) EPS. View Ascena Retail Group's Earnings History.

Ascena Retail Group is scheduled to release their next quarterly earnings announcement on Monday, June 3rd 2019. View Earnings Estimates for Ascena Retail Group.

Ascena Retail Group issued an update on its third quarter 2019 earnings guidance on Thursday, March, 14th. The company provided earnings per share guidance of $-0.45--0.35 for the period, compared to the Thomson Reuters consensus 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.

4 Wall Street analysts have issued twelve-month price objectives for Ascena Retail Group's stock. Their forecasts range from $1.05 to $4.00. On average, they anticipate Ascena Retail Group's share price to reach $2.35 in the next twelve months. This suggests a possible upside of 130.4% from the stock's current price. View Analyst Price Targets 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 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ascena Retail Group.

Press coverage about ASNA stock has been trending positive on Friday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. 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 news sentiment score of 2.3 on InfoTrie's scale. They also gave news coverage about the specialty retailer a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days.

Ascena Retail Group saw a increase in short interest during the month of April. As of April 30th, there was short interest totalling 56,966,552 shares, an increase of 0.8% from the April 15th total of 57,412,386 shares. Based on an average daily trading volume, of 3,006,029 shares, the short-interest ratio is currently 19.0 days. Currently, 36.3% of the shares of the stock are sold short. View Ascena Retail Group's Current Options Chain.

Some companies that are related to Ascena Retail Group include Zumiez (ZUMZ), Duluth (DLTH), Tailored Brands (TLRD), Tilly's (TLYS), Express (EXPR), Citi Trends (CTRN), Vince (VNCE), Francesca's (FRAN), Almost Never Films (HLWD), A�ropostale (AROPQ) and Crailar Technologies (CRLRQ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ascena Retail Group investors own include Rite Aid (RAD), General Electric (GE), American Eagle Outfitters (AEO), Micron Technology (MU), NVIDIA (NVDA), Abercrombie & Fitch (ANF), Under Armour (UAA), Cisco Systems (CSCO), Intel (INTC) and Netflix (NFLX).

Ascena Retail Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.21%), Dimensional Fund Advisors LP (8.07%), Sapience Investments LLC (4.66%), Primecap Management Co. CA (4.07%), Renaissance Technologies LLC (3.44%) and Charles Schwab Investment Management Inc. (2.53%). 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 Primecap Management Co. CA, Morgan Stanley, Dimensional Fund Advisors LP, SG Americas Securities LLC, Acadian Asset Management LLC, Renaissance Technologies LLC, Parametric Portfolio Associates LLC and California Public Employees Retirement System. View Insider Buying and Selling for Ascena Retail Group.

ASNA stock was purchased by a variety of institutional investors in the last quarter, including Sapience Investments LLC, OppenheimerFunds Inc., New York State Common Retirement Fund, Spark Investment Management LLC, FNY Investment Advisers LLC, Lombard Odier Asset Management USA Corp, AQR Capital Management LLC and Wedge Capital Management L L P NC. 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 $1.02.

Ascena Retail Group has a market capitalization of $201.52 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.

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]