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) released its earnings results on Monday, June, 10th. The specialty retailer reported ($0.26) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.37) by $0.11. The specialty retailer earned $1.27 billion during the quarter, compared to analysts' expectations of $1.43 billion. Ascena Retail Group had a negative net margin of 4.28% and a negative return on equity of 10.72%. The business's revenue was down .1% on a year-over-year basis. During the same quarter last year, the business earned ($0.08) EPS. View Ascena Retail Group's Earnings History.

Ascena Retail Group is scheduled to release their next quarterly earnings announcement on Monday, September 23rd 2019. View Earnings Estimates for Ascena Retail Group.

3 equities research analysts have issued twelve-month target prices for Ascena Retail Group's shares. Their forecasts range from $1.00 to $1.05. On average, they expect Ascena Retail Group's share price to reach $1.0167 in the next twelve months. This suggests a possible upside of 235.4% 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.

Press coverage about ASNA stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ascena Retail Group earned a news impact score of 0.9 on InfoTrie's scale. They also gave news stories about the specialty retailer a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Ascena Retail Group.

Ascena Retail Group saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 56,551,400 shares, an increase of 15.8% from the July 31st total of 48,850,800 shares. Based on an average daily volume of 3,570,000 shares, the short-interest ratio is presently 15.8 days. Currently, 36.0% of the company's stock are short sold. View Ascena Retail Group's Current Options Chain.

Some companies that are related to Ascena Retail Group include Tailored Brands (TLRD), Citi Trends (CTRN), Express (EXPR), Vince (VNCE), Francesca's (FRAN), Almost Never Films (HLWD) and Crailar Technologies (CRLRQ).

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

Ascena Retail Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.10%), Nomura Holdings Inc. (7.64%), Nomura Holdings Inc. (7.64%), Vanguard Group Inc. (6.90%), Sapience Investments LLC (5.26%) and Primecap Management Co. CA (3.37%). 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 Vanguard Group Inc., Nomura Holdings Inc., Nomura Holdings Inc., Primecap Management Co. CA, Renaissance Technologies LLC, AQR Capital Management LLC, Acadian Asset Management LLC and BlackRock Inc.. View Insider Buying and Selling for Ascena Retail Group.

ASNA stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Canada Pension Plan Investment Board, ICM Asset Management Inc. WA, Sapience Investments LLC, Morgan Stanley, FNY Investment Advisers LLC, A.R.T. Advisors LLC and Charles Schwab Investment Management 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, Robinhood, Fidelity and Charles Schwab.

One share of ASNA stock can currently be purchased for approximately $0.3031.

Ascena Retail Group has a market capitalization of $59.95 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.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]