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, December, 10th. The specialty retailer reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.04 by $0.02. The specialty retailer earned $1.59 billion during the quarter, compared to the consensus estimate of $1.57 billion. Ascena Retail Group had a negative return on equity of 1.70% and a negative net margin of 0.61%. The firm's revenue for the quarter was up .1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.11 earnings per share. View Ascena Retail Group's Earnings History.

Ascena Retail Group is scheduled to release their next quarterly earnings announcement on Monday, March 4th 2019. View Earnings Estimates for Ascena Retail Group.

Ascena Retail Group updated its second quarter earnings guidance on Monday, January, 14th. The company provided EPS guidance of $-0.23-0.28 for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.19).

4 Wall Street analysts have issued 1 year price targets for Ascena Retail Group's stock. Their forecasts range from $2.00 to $4.50. On average, they anticipate Ascena Retail Group's stock price to reach $3.50 in the next year. This suggests a possible upside of 55.6% from the stock's current price. View Analyst Price Targets for Ascena Retail Group.

4 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 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ascena Retail Group.

News headlines about ASNA stock have trended positive on Monday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ascena Retail Group earned a coverage optimism score of 2.3 on InfoTrie's scale. They also assigned headlines about the specialty retailer a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the near future.

Ascena Retail Group saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 47,313,148 shares, a decline of 4.2% from the January 15th total of 49,403,371 shares. Based on an average trading volume of 2,193,563 shares, the days-to-cover ratio is currently 21.6 days. Currently, 30.1% of the shares of the stock are short sold. View Ascena Retail Group's Current Options Chain.

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

Ascena Retail Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.16%), Dimensional Fund Advisors LP (8.32%), Sapience Investments LLC (2.93%), Connor Clark & Lunn Investment Management Ltd. (1.50%), Canada Pension Plan Investment Board (1.20%) and Northern Trust Corp (1.10%). 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 Canada Pension Plan Investment Board, Royce & Associates LP, SG Americas Securities LLC, Bank of America Corp DE, California Public Employees Retirement System, CSat Investment Advisory L.P., Dimensional Fund Advisors LP and Coatue Management LLC. View Insider Buying and Selling for Ascena Retail Group.

ASNA stock was acquired by a variety of institutional investors in the last quarter, including Sapience Investments LLC, Acadian Asset Management LLC, BlackRock Inc., Kepos Capital LP, Connor Clark & Lunn Investment Management Ltd., Geode Capital Management LLC, Oregon Public Employees Retirement Fund and Two Sigma Investments LP. 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 $2.25.

Ascena Retail Group has a market capitalization of $444.23 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 16,000 workers across the globe.

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]