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

Ascena Retail Group is scheduled to release their next quarterly earnings announcement on Monday, September, 24th 2018. View Earnings Estimates for Ascena Retail Group.

Ascena Retail Group updated 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.

5 brokerages have issued 12-month price targets for Ascena Retail Group's stock. Their predictions range from $3.00 to $3.50. On average, they anticipate Ascena Retail Group's share price to reach $3.1667 in the next year. This suggests that the stock has a possible downside of 8.5%. View Analyst Ratings for Ascena Retail Group.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ascena Retail Group in the last year. There are currently 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

Ascena Retail Group saw a increase in short interest in June. As of June 29th, there was short interest totalling 40,428,825 shares, an increase of 15.7% from the June 15th total of 34,956,447 shares. Based on an average trading volume of 4,001,790 shares, the days-to-cover ratio is currently 10.1 days. Approximately 26.1% of the company's stock are sold short. View Ascena Retail Group's Current Options Chain.

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

Media coverage about ASNA stock has trended somewhat positive on Tuesday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ascena Retail Group earned a media sentiment score of 0.20 on Accern's scale. They also gave headlines about the specialty retailer an impact score of 46.60 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

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 $3.46.

Ascena Retail Group has a market capitalization of $643.59 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.