Ascena Retail Group Inc (ASNA) Rating Reiterated by Oppenheimer Holdings Inc. – Chaffey Breeze

Home » ブランド » Ascena retail » Ascena Retail Group Inc (ASNA) Rating Reiterated by Oppenheimer Holdings Inc. – Chaffey Breeze
Ascena retail コメントはまだありません



Ascena Retail Group Inc (NASDAQ:ASNA)‘s stock had its “hold” rating reiterated by analysts at Oppenheimer Holdings Inc. in a research note issued on Monday.

ASNA has been the topic of several other reports. RBC Capital Markets set a $6.00 target price on Ascena Retail Group and gave the stock a “hold” rating in a report on Thursday, January 5th. FBR & Co set a $7.00 target price on Ascena Retail Group and gave the stock a “hold” rating in a report on Wednesday, December 14th. Zacks Investment Research upgraded Ascena Retail Group from a “sell” rating to a “hold” rating in a report on Tuesday, November 22nd. Cowen and Company reiterated a “market perform” rating and set a $6.00 target price (down from $7.00) on shares of Ascena Retail Group in a report on Thursday, January 19th. Finally, Goldman Sachs Group Inc started coverage on Ascena Retail Group in a report on Thursday, December 15th. They set a “neutral” rating and a $7.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $7.78.

Analyst Recommendations for Ascena Retail Group (NASDAQ:ASNA)

Shares of Ascena Retail Group (NASDAQ:ASNA) opened at 4.55 on Monday. The company has a market cap of $869.90 million, a P/E ratio of 42.92 and a beta of 1.93. Ascena Retail Group has a 1-year low of $4.27 and a 1-year high of $11.26. The stock’s 50 day moving average price is $4.91 and its 200 day moving average price is $6.02.








Ascena Retail Group (NASDAQ:ASNA) last posted its quarterly earnings results on Monday, March 6th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.10) by $0.03. Ascena Retail Group had a return on equity of 4.50% and a net margin of 0.29%. The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same period last year, the company earned $0.01 EPS. The firm’s revenue was down 5.1% on a year-over-year basis. Equities research analysts forecast that Ascena Retail Group will post $0.39 earnings per share for the current year.

“Ascena Retail Group Inc (ASNA) Rating Reiterated by Oppenheimer Holdings Inc.” was originally reported by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this report on another domain, it was copied illegally and republished in violation of US & international trademark and copyright legislation. The correct version of this report can be accessed at https://www.chaffeybreeze.com/2017/03/08/ascena-retail-group-inc-asna-rating-reiterated-by-oppenheimer-holdings-inc.html.

In other Ascena Retail Group news, Chairman Elliot S. Jaffe sold 9,150 shares of Ascena Retail Group stock in a transaction dated Monday, December 12th. The stock was sold at an average price of $7.61, for a total transaction of $69,631.50. Following the transaction, the chairman now directly owns 1,093,267 shares in the company, valued at $8,319,761.87. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 8.60% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the stock. Capstone Investment Advisors LLC purchased a new stake in Ascena Retail Group during the fourth quarter valued at about $114,000. Waratah Capital Advisors Ltd. purchased a new stake in Ascena Retail Group during the fourth quarter valued at about $130,000. Amalgamated Bank increased its stake in Ascena Retail Group by 10.9% in the second quarter. Amalgamated Bank now owns 21,240 shares of the company’s stock valued at $161,000 after buying an additional 2,093 shares in the last quarter. Boothbay Fund Management LLC purchased a new stake in Ascena Retail Group during the fourth quarter valued at about $165,000. Finally, Geduld E E purchased a new stake in Ascena Retail Group during the third quarter valued at about $168,000. 87.92% of the stock is currently owned by hedge funds and other institutional investors.

Ascena Retail Group Company Profile

Ascena Retail Group, Inc is a specialty retailer of apparel for women and tween girls. The Company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands.

5 Day Chart for NASDAQ:ASNA













Receive News & Ratings for Ascena Retail Group Inc Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Ascena Retail Group Inc and related companies with MarketBeat.com’s FREE daily email newsletter.







コメントを残す