NASDAQ:ASNA - Ascena Retail Group Stock Price, Forecast & News

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

Ascena Retail Group's stock reverse split on the morning of 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 market closes 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.

Ascena Retail Group Inc (NASDAQ:ASNA) issued its quarterly earnings results on Monday, December, 9th. The specialty retailer reported $3.60 EPS for the quarter. The specialty retailer earned $1.30 billion during the quarter. Ascena Retail Group had a negative return on equity of 23.56% and a negative net margin of 11.13%. View Ascena Retail Group's Earnings History.

Ascena Retail Group is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. View Earnings Estimates for Ascena Retail Group.

3 equities research analysts have issued 1-year price objectives for Ascena Retail Group's shares. Their forecasts range from $20.00 to $21.00. On average, they expect Ascena Retail Group's share price to reach $20.33 in the next year. This suggests a possible upside of 414.8% 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.

Press coverage about ASNA stock has trended very negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public 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 -3.5 on InfoTrie's scale. They also assigned news articles about the specialty retailer a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Ascena Retail Group.

Ascena Retail Group saw a increase in short interest in the month of February. As of February 14th, there was short interest totalling 2,340,000 shares, an increase of 10.4% from the January 30th total of 2,120,000 shares. Based on an average trading volume of 223,600 shares, the short-interest ratio is currently 10.5 days. Currently, 26.7% of the shares of the stock are sold short. View Ascena Retail Group's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Ascena Retail Group investors own include General Electric (GE), Abercrombie & Fitch (ANF), Rite Aid (RAD), American Eagle Outfitters (AEO), Ford Motor (F), Under Armour (UAA), Verizon Communications (VZ), NVIDIA (NVDA), Kohl's (KSS) and Intel (INTC).

Ascena Retail Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Stadium Capital Management LLC (9.64%), Charles Schwab Investment Management Inc. (7.97%), Renaissance Technologies LLC (3.85%), ICM Asset Management Inc. WA (1.59%), Connor Clark & Lunn Investment Management Ltd. (1.58%) and Marshall Wace LLP (1.24%). View Institutional Ownership Trends for Ascena Retail Group.

ASNA stock was sold by a variety of institutional investors in the last quarter, including Stadium Capital Management LLC, Charles Schwab Investment Management Inc., Renaissance Technologies LLC, Connor Clark & Lunn Investment Management Ltd., ICM Asset Management Inc. WA, Geode Capital Management LLC, Spark Investment Management LLC and Bank of America Corp DE. View Insider Buying and Selling for Ascena Retail Group.

ASNA stock was acquired by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Oxford Asset Management LLP and Berylson Capital Partners LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of ASNA stock can currently be purchased for approximately $3.95.

Ascena Retail Group has a market capitalization of $39.38 million and generates $5.49 billion in revenue each year. 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]