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

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$4.25 -0.15 (-3.41 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$4.40
Today's Range$4.14 - $4.45
52-Week Range$1.69 - $4.74
Volume10.26 million shs
Average Volume2.33 million shs
Market Capitalization$818.22 million
P/E Ratio19.32
Dividend YieldN/A
Beta1.82
Ascena Retail Group logoAscena 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 six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics and bedroom furnishings; and wear-to-work, sportswear, footwear, and social occasion apparel. 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. As of July 29, 2017, the company operated approximately 4,800 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, maurices.com, dressbarn.com, and catherines.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

Industry Apparel & accessory stores
Sub-IndustryApparel Retail
SectorRetail/Wholesale
SymbolNASDAQ:ASNA
CUSIP04351G10
Phone551-777-6700

Debt

Debt-to-Equity Ratio1.91
Current Ratio1.28
Quick Ratio0.57

Price-To-Earnings

Trailing P/E Ratio19.32
Forward P/E Ratio-70.83
P/E GrowthN/A

Sales & Book Value

Annual Sales$6.65 billion
Price / Sales0.13
Cash Flow$6.0714 per share
Price / Cash0.70
Book Value$3.88 per share
Price / Book1.10

Profitability

EPS (Most Recent Fiscal Year)$0.22
Net Income$-1,067,300,000.00
Net Margins-1.37%
Return on Equity-1.08%
Return on Assets-0.23%

Miscellaneous

Employees64,000
Outstanding Shares196,210,000

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) posted its quarterly earnings data on Wednesday, June, 6th. The specialty retailer reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.01. The specialty retailer earned $1.50 billion during 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 company's quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.05 EPS. View Ascena Retail Group's Earnings History.

What guidance has Ascena Retail Group issued on next quarter's earnings?

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

What price target have analysts set for ASNA?

5 brokerages have issued 1-year price objectives for Ascena Retail Group's stock. 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.

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. " (6/8/2018)
  • 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)

Are investors shorting Ascena Retail Group?

Ascena Retail Group saw a decline in short interest during the month of May. As of May 31st, there was short interest totalling 34,848,635 shares, a decline of 4.4% from the May 15th total of 36,464,467 shares. Based on an average daily trading volume, of 3,143,631 shares, the days-to-cover ratio is currently 11.1 days. Currently, 22.6% of the shares of the company are sold short. 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)
  • Mrs. Roslyn S. Jaffe, Co-Founder, Sec. & Director Emeritus (Age 89)

Has Ascena Retail Group been receiving favorable news coverage?

News stories about ASNA stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ascena Retail Group earned a daily sentiment score of 0.01 on Accern's scale. They also gave press coverage about the specialty retailer an impact score of 44.42 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are Ascena Retail Group's major shareholders?

Ascena Retail Group's stock is owned by a number of of retail and institutional 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.

Which major investors are selling Ascena Retail Group stock?

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.

Which major investors are buying Ascena Retail Group stock?

ASNA stock was acquired 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.

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 $4.25.

How big of a company is Ascena Retail Group?

Ascena Retail Group has a market capitalization of $818.22 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.

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.


MarketBeat Community Rating for Ascena Retail Group (ASNA)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  328 (Vote Outperform)
Underperform Votes:  400 (Vote Underperform)
Total Votes:  728
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 6/22/2018 by MarketBeat.com Staff

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