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 (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.09) by $0.01. The specialty retailer earned $1.50 billion during the quarter, compared to the consensus estimate of $1.47 billion. Ascena Retail Group had a negative net margin of 1.37% and a negative return on equity of 1.08%. Ascena Retail Group's revenue was down 3.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.05 earnings per share. View Ascena Retail Group's Earnings History.

Ascena Retail Group updated 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 Wall Street analysts have issued 1 year price targets for Ascena Retail Group's stock. Their forecasts 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. 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 trading volume, of 3,143,631 shares, the short-interest ratio is currently 11.1 days. Approximately 22.6% of the shares of the company are short sold.

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).

News stories about ASNA stock have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research group rates 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 closest to one being the most favorable. Ascena Retail Group earned a media sentiment score of 0.20 on Accern's scale. They also gave news headlines about the specialty retailer an impact score of 46.10 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Ascena Retail Group's stock is owned by many different 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.

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 bought 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 $3.99.

Ascena Retail Group has a market capitalization of $782.90 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.