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 results on Wednesday, June, 6th. The specialty retailer reported ($0.08) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.09) by $0.01. The specialty retailer earned $1.50 billion during the quarter, compared to analyst estimates of $1.47 billion. Ascena Retail Group had a negative return on equity of 1.08% and a negative net margin of 1.37%. Ascena Retail Group's revenue for the quarter was down 3.9% on a year-over-year basis. During the same quarter last year, the company posted $0.05 EPS. View Ascena Retail Group's Earnings History.

Ascena Retail Group issued an update on its fourth quarter earnings guidance on Monday, June, 4th. The company provided earnings per share (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 equities research analysts have issued 12-month price objectives for Ascena Retail Group's shares. Their forecasts range from $3.00 to $3.50. On average, they anticipate Ascena Retail Group's stock price to reach $3.1667 in the next year. View Analyst Ratings for Ascena Retail Group.

Ascena Retail Group saw a drop in short interest during the month of May. As of May 31st, there was short interest totalling 34,848,635 shares, a drop of 4.4% from the May 15th total of 36,464,467 shares. Based on an average daily volume of 3,143,631 shares, the days-to-cover ratio is currently 11.1 days. Approximately 22.6% 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 Tailored Brands (TLRD), Express (EXPR), Zumiez (ZUMZ), Duluth (DLTH), Tilly's (TLYS), Citi Trends (CTRN), Francesca's (FRAN), Vince (VNCE), Almost Never Films (HLWD) and A�ropostale (AROPQ).

Press coverage about ASNA stock has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Ascena Retail Group earned a news sentiment score of 0.24 on Accern's scale. They also gave press coverage about the specialty retailer an impact score of 47.95 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Ascena Retail Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.37%), Dimensional Fund Advisors LP (7.71%), Towle & Co. (4.10%), Think Investments LP (1.21%), Northern Trust Corp (1.08%) and OppenheimerFunds Inc. (0.98%). 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 California Public Employees Retirement System, Towle & Co., OppenheimerFunds Inc., Millennium Management LLC, Wells Fargo & Company MN, Guggenheim Capital LLC, Northern Trust Corp and UBS Group AG. 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.

ASNA stock was purchased by a variety of institutional investors in the last quarter, including Think Investments LP, Dimensional Fund Advisors LP, Mackay Shields LLC, Alambic Investment Management L.P., Mutual Advisors LLC, ICM Asset Management Inc. WA, Schwab Charles Investment Management Inc. and BlackRock Inc.. 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 $4.40.

Ascena Retail Group has a market capitalization of $778.97 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.