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

Sign in or create an account to add this stock to your watchlist.
$3.21 -0.14 (-4.18 %)
(As of 11/20/2018 02:43 PM ET)
Previous Close$3.35
Today's Range$3.09 - $3.38
52-Week Range$1.79 - $5.28
Volume170,230 shs
Average Volume2.42 million shs
Market Capitalization$718.47 million
P/E Ratio-159.00
Dividend YieldN/A
Beta1.68
Ascena 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 four segments: Premium Fashion, Value Fashion, Plus Fashion, and Kids Fashion. It offers a range of merchandise, including apparel, accessories, footwear, and intimates; and lifestyle products comprising cosmetics and bedroom accessories. 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. The company operates approximately 4,800 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, maurices.com, dressbarn.com, lanebryant.com, catherines.com, and shopjustice.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.

Receive ASNA News and Ratings via Email

Sign-up to receive the latest news and ratings for ASNA and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Apparel & accessory stores
Sub-IndustryApparel Retail
SectorRetail/Wholesale
Current SymbolNASDAQ:ASNA
Previous SymbolNASDAQ:DBRN
CUSIP04351G10
Phone551-777-6700

Debt

Debt-to-Equity Ratio1.66
Current Ratio1.25
Quick Ratio0.55

Price-To-Earnings

Trailing P/E Ratio-159.00
Forward P/E Ratio45.86
P/E GrowthN/A

Sales & Book Value

Annual Sales$6.58 billion
Price / Sales0.10
Cash Flow$1.5735 per share
Price / Cash2.04
Book Value$4.07 per share
Price / Book0.79

Profitability

EPS (Most Recent Fiscal Year)($0.02)
Net Income$-39,700,000.00
Net Margins-0.60%
Return on Equity-0.59%
Return on Assets-0.13%

Miscellaneous

Employees63,000
Outstanding Shares197,380,000
Market Cap$718.47 million
OptionableOptionable

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) announced its earnings results on Monday, September, 24th. The specialty retailer reported $0.07 EPS for the quarter, topping the consensus estimate of $0.02 by $0.05. The specialty retailer had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.62 billion. Ascena Retail Group had a negative net margin of 0.60% and a negative return on equity of 0.59%. The business's quarterly revenue was up 6.5% on a year-over-year basis. During the same period last year, the company posted $0.05 EPS. View Ascena Retail Group's Earnings History.

When is Ascena Retail Group's next earnings date?

Ascena Retail Group is scheduled to release their next quarterly earnings announcement on Monday, December 3rd 2018. View Earnings Estimates for Ascena Retail Group.

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

Ascena Retail Group issued an update on its FY19 earnings guidance on Monday, September, 24th. The company provided EPS guidance of $0.00-0.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.08. The company issued revenue guidance of $6.45-6.55 billion, compared to the consensus revenue estimate of $6.22 billion.Ascena Retail Group also updated its Q1 guidance to ($0.04)-0.06 EPS.

What price target have analysts set for ASNA?

3 brokers have issued 12 month price objectives for Ascena Retail Group's stock. Their predictions range from $2.00 to $4.50. On average, they expect Ascena Retail Group's stock price to reach $3.25 in the next twelve months. This suggests a possible upside of 2.2% from the stock's current price. View Analyst Price Targets for Ascena Retail Group.

What is the consensus analysts' recommendation 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 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." 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. " (11/7/2018)
  • 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)

Has Ascena Retail Group been receiving favorable news coverage?

Press coverage about ASNA stock has trended somewhat negative recently, according to InfoTrie. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ascena Retail Group earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave media coverage about the specialty retailer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term.

Are investors shorting Ascena Retail Group?

Ascena Retail Group saw a increase in short interest in October. As of October 31st, there was short interest totalling 47,432,549 shares, an increase of 0.2% from the October 15th total of 47,331,614 shares. Based on an average trading volume of 2,210,348 shares, the days-to-cover ratio is currently 21.5 days. Approximately 30.4% of the shares of the stock 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)
  • Mr. Gary P. Muto, Pres & CEO of Ascena Brands (Age 59)

Who are Ascena Retail Group's major shareholders?

Ascena Retail Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.73%), Dimensional Fund Advisors LP (8.36%), Renaissance Technologies LLC (3.66%), Canada Pension Plan Investment Board (1.52%), Connor Clark & Lunn Investment Management Ltd. (1.37%) and Bank of New York Mellon Corp (1.02%). 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 institutional investors are selling Ascena Retail Group stock?

ASNA stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., Engineers Gate Manager LP and Wedge Capital Management L L P NC. View Insider Buying and Selling for Ascena Retail Group.

Which institutional investors are buying Ascena Retail Group stock?

ASNA stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, BlackRock Inc., Canada Pension Plan Investment Board, TIAA CREF Investment Management LLC, Bridgeway Capital Management Inc., Jefferies Group LLC, Cambridge Investment Research Advisors Inc. and Credit Suisse AG. 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 $3.18.

How big of a company is Ascena Retail Group?

Ascena Retail Group has a market capitalization of $718.47 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.

What is Ascena Retail Group's official website?

The official website for Ascena Retail Group is http://www.ascenaretail.com.

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 or via email at [email protected]


MarketBeat Community Rating for Ascena Retail Group (NASDAQ ASNA)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  380 (Vote Outperform)
Underperform Votes:  450 (Vote Underperform)
Total Votes:  830
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 11/20/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel