NASDAQ:ASNAAscena Retail Group Stock Price, Forecast & News

$2.34

+0.99 (+73.61 %)

(As of 05/27/2020 04:00 PM ET)

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Today's Range

$1.35

Now: $2.34▼

$2.45

50-Day Range

$0.91

MA: $1.27▼

$1.62

52-Week Range

$0.91

Now: $2.34▼

$23.00

Volume6.08 million shs

Average Volume506,140 shs

Market Capitalization$23.32 million

P/E RatioN/A

Dividend YieldN/A

Beta1.62

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.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
Ascena Retail Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $20.00, Ascena Retail Group has a potential upside of 754.7% from its current price of $2.34.
Amount of Analyst Coverage
Ascena Retail Group has received no research coverage in the past 90 days.

2.3 Community Rank

Outperform Votes
Ascena Retail Group has received 455 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Ascena Retail Group has received 547 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Ascena Retail Group has received 54.59% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Ascena Retail Group does not currently pay a dividend.
Dividend Growth
Ascena Retail Group does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ascena Retail Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.70% of the stock of Ascena Retail Group is held by insiders.
Percentage Held by Institutions
64.46% of the stock of Ascena Retail Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ascena Retail Group is -0.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ascena Retail Group is -0.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Ascena Retail Group has a P/B Ratio of 0.15. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.39 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Apparel & accessory stores

Sub-IndustryApparel Retail

SectorRetail/Wholesale

Current SymbolNASDAQ:ASNA

Previous SymbolNASDAQ:DBRN

CUSIP04351G10

CIK1498301

Webwww.ascenaretail.com

Phone551-777-6700

Debt

Debt-to-Equity Ratio25.12

Current Ratio1.15

Quick Ratio0.62

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$5.49 billion

Price / Sales0.00

Cash Flow$46.70 per share

Price / Cash Flow0.05

Book Value$15.27 per share

Price / Book0.15

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-661,400,000.00

Net Margins-12.64%

Return on Equity-39.78%

Return on Assets-2.90%

Miscellaneous

Employees53,000

Outstanding Shares9,986,000

Market Cap$23.32 million

Next Earnings Date6/8/2020 (Estimated)

OptionableOptionable

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Ascena Retail Group (NASDAQ:ASNA) Frequently Asked Questions

How has Ascena Retail Group's stock been impacted by COVID-19 (Coronavirus)?

Ascena Retail Group's stock was trading at $1.83 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ASNA shares have increased by 27.9% and is now trading at $2.34. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Ascena Retail Group?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ascena Retail Group in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Ascena Retail Group.

When is Ascena Retail Group's next earnings date?

Ascena Retail Group is scheduled to release its next quarterly earnings announcement on Monday, June 8th 2020. View our earnings forecast for Ascena Retail Group.

How were Ascena Retail Group's earnings last quarter?

Ascena Retail Group Inc (NASDAQ:ASNA) released its earnings results on Monday, March, 9th. The specialty retailer reported ($4.95) EPS for the quarter, missing analysts' consensus estimates of ($3.80) by $1.15. The specialty retailer had revenue of $1.22 billion for the quarter. Ascena Retail Group had a negative return on equity of 39.78% and a negative net margin of 12.64%. View Ascena Retail Group's earnings history.

When did Ascena Retail Group's stock split? How did Ascena Retail Group's stock split work?

Shares of Ascena Retail Group reverse split on Thursday, December 19th 2019. The 1-20 reverse split was announced on Thursday, December 19th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, December 18th 2019. An investor that had 100 shares of Ascena Retail Group stock prior to the reverse split would have 5 shares after the split.

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

Ascena Retail Group updated its third quarter 2020 After-Hours earnings guidance on Monday, March, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.05-1.08 billion.

What price target have analysts set for ASNA?

2 brokerages have issued 12 month target prices for Ascena Retail Group's shares. Their forecasts range from $20.00 to $20.00. On average, they anticipate Ascena Retail Group's stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 754.7% from the stock's current price. View analysts' price targets for Ascena Retail Group.

Has Ascena Retail Group been receiving favorable news coverage?

Media stories about ASNA stock have trended somewhat positive this week, according to InfoTrie. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Ascena Retail Group earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned media headlines about the specialty retailer a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View the latest news aboutAscena Retail Group.

Who are some of Ascena Retail Group's key competitors?

Some companies that are related to Ascena Retail Group include TJX Companies (TJX), Ross Stores (ROST), Foot Locker (FL), GAP (GPS), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Abercrombie & Fitch (ANF), Buckle (BKE), Childrens Place (PLCE), Zumiez (ZUMZ), Guess? (GES), Designer Brands (DBI), Shoe Carnival (SCVL), Caleres (CAL) and Genesco (GCO). View all competitors.

What other stocks do shareholders of Ascena Retail Group own?

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), Ford Motor (F), Under Armour (UAA), American Eagle Outfitters (AEO), Kohl's (KSS), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and NVIDIA (NVDA).

Who are Ascena Retail Group's key executives?

Ascena Retail Group's management team includes the following people:

Mr. David R. Jaffe, CEO & Chairman (Age 61)
Mr. Brian E. Lynch, Pres & COO (Age 61)
Mr. Robert Giammatteo, Exec. VP & CFO (Age 47)
Mr. John Pershing, Exec. VP & Chief HR Officer (Age 48)
Mr. Gary P. Muto, Pres & CEO of Ascena Brands (Age 60)

What is Ascena Retail Group's stock symbol?

Ascena Retail Group trades on the NASDAQ under the ticker symbol "ASNA."

Who are Ascena Retail Group's major shareholders?

Ascena Retail Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include AQR Capital Management LLC (2.67%), State Street Corp (1.87%), Invesco Ltd. (1.76%) and FNY Investment Advisers LLC (1.50%). View institutional ownership trends for Ascena Retail Group.

Which institutional investors are buying Ascena Retail Group stock?

ASNA stock was bought by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, State Street Corp, Invesco Ltd., and FNY Investment Advisers LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Ascena Retail Group's stock price today?

One share of ASNA stock can currently be purchased for approximately $2.34.

How big of a company is Ascena Retail Group?

Ascena Retail Group has a market capitalization of $23.37 million and generates $5.49 billion in revenue each year. Ascena Retail Group employs 53,000 workers across the globe.

What is Ascena Retail Group's official website?

The official website for Ascena Retail Group is 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]

This page was last updated on 5/27/2020 by MarketBeat.com Staff