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

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

Ascena Retail Group Inc (NASDAQ:ASNA) posted its earnings results on Monday, June, 10th. The specialty retailer reported ($0.26) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.37) by $0.11. The specialty retailer had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.43 billion. Ascena Retail Group had a negative net margin of 11.02% and a negative return on equity of 20.95%. The business's quarterly revenue was down .1% on a year-over-year basis. During the same period in the prior year, the business posted ($0.08) earnings per share. View Ascena Retail Group's Earnings History.

Ascena Retail Group is scheduled to release their next quarterly earnings announcement on Monday, December 9th 2019. View Earnings Estimates for Ascena Retail Group.

Ascena Retail Group issued an update on its first quarter 2020 earnings guidance on Thursday, October, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.1-1.125 billion, compared to the consensus revenue estimate of $1.14 billion.

3 analysts have issued 1-year price targets for Ascena Retail Group's stock. Their forecasts range from $1.00 to $1.05. On average, they anticipate Ascena Retail Group's share price to reach $1.02 in the next year. This suggests a possible upside of 110.1% from the stock's current price. View Analyst Price Targets 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 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ascena Retail Group.

News coverage about ASNA stock has been trending somewhat negative recently, InfoTrie reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ascena Retail Group earned a daily sentiment score of -1.5 on InfoTrie's scale. They also gave news coverage about the specialty retailer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Ascena Retail Group.

Ascena Retail Group saw a decrease in short interest during the month of September. As of September 30th, there was short interest totalling 40,910,000 shares, a decrease of 13.9% from the August 30th total of 47,520,000 shares. Based on an average daily trading volume, of 4,000,000 shares, the short-interest ratio is presently 10.2 days. Currently, 23.5% 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 Tilly's (TLYS), Duluth (DLTH), Vince (VNCE), Tailored Brands (TLRD), Express (EXPR), Citi Trends (CTRN), Francesca's (FRAN), Almost Never Films (HLWD) and Crailar Technologies (CRLRQ).

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), American Eagle Outfitters (AEO), NVIDIA (NVDA), Micron Technology (MU), Under Armour (UAA), Intel (INTC), Netflix (NFLX) and Bank of America (BAC).

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.

One share of ASNA stock can currently be purchased for approximately $0.48.

Ascena Retail Group has a market capitalization of $96.42 million and generates $5.49 billion in revenue each year. The specialty retailer earns $-661,400,000.00 in net income (profit) each year or ($0.98) on an earnings per share basis. Ascena Retail Group employs 53,000 workers across the globe.View Additional Information About Ascena Retail Group.

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]