Ascena Retail Group Inc. (NASDAQ:ASNA)
Guggenheim Initiates Coverage On Ascena Retail Group Inc. (NASDAQ:ASNA)’s stock to Neutral with no specific Price Target. This rating was issued on 3/09/17. The stock recently closed its previous session at $4.07 by showing a percentage change of -3.33% from its previous day closing price of $4.21.
Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.
Several investment firms issued their expert ratings on Ascena Retail Group Inc. (NASDAQ:ASNA) in which Citigroup Downgrades Ascena Retail Group Inc. (NASDAQ:ASNA) to Sell with no specific Price Target on 3/07/17. Goldman Sachs Initiates Coverage On the stock to Neutral on 12/15/16 by stationing a price target of $7. Citigroup Maintains the company’s stock to Neutral on 9/21/16 by setting a price target of $7. Citigroup Maintains Ascena Retail Group Inc. (NASDAQ:ASNA) to Neutral with a price target of $7.
Ascena Retail Group Inc. (NASDAQ:ASNA) currently has a consensus Price Target of $5.81. While some analysts have a High Price target for the stock of $10 and a Low Price Target of $3.
Several sell side analysts reviewed their recommendations on Ascena Retail Group Inc. (NASDAQ:ASNA) where 0 analyst have rated the stock as Strong Buy, 2 analysts said it’s a Buy, 9 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)
Zacks Investment Research also rated the stock with a value of 2.5. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.
In the last Quarter, Ascena Retail Group Inc. (NASDAQ:ASNA) reported its Actual EPS of $-0.07/share. The analysts offering Earnings Estimates for the company were believing that Ascena Retail Group Inc. (NASDAQ:ASNA) could bring EPS of $-0.1/share. The difference between Actual EPS and Estimated EPS was 0.03 Percent. Thus the company showed an Earnings Surprise of 30 Percent.
Ascena Retail Group Inc. (NASDAQ:ASNA) has a market capitalization of 783.48 Million. The stock traded with the volume of 3.52 Million shares in the last trading session. The stock touched its high share price of $11.26 on Mar 31, 2016 and the stock also touched its Lowest price in the last 52-weeks of trading on Mar 13, 2017 as $4.04. The company has a 1 Year high price target of $5.81. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -15.69%. The Moving Average SMA50 is -20.57% while SMA200 is -36.87%.
Ascena Retail Group Inc. (NASDAQ:ASNA) is currently showing its ROA (Return on Assets) of 0.1%. The Return on Investment (ROI) is at 2.6% while it’s Return on Equity (ROE) value stands at 0.4%. The stock currently shows its YTD (Year to Date) performance of -34.25 percent while its Weekly performance value is -9.56%. The Monthly and Yearly performances are -20.2 percent and -61.96 percent respectively. The Relative Volume value measured for Ascena Retail Group Inc. (NASDAQ:ASNA) is 0.98. The Average Volume (3 months) is 3.6 Million.
The stock currently has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. ASNA has P/E (Price to Earnings ttm) value of 99.27, Forward P/E of 8.77, P/C (Price to cash per share) of 0 and Price to Free Cash Flow (P/FCF) value of 5.74. The stock is showing its Operating Margin of 1.9 percent.
Ascena Retail Group, Inc, formerly known as The Dress Barn, Inc., operates as a national specialty retailer of apparel for women and girls under the Dressbarn, Maurices and Justice brands. Its Dressbarn stores offer casual, career and special occasion fashion apparel and accessories; Maurices stores offer casual and career apparel and accessories; and Justice stores offer trend-right apparel and accessories. Ascena Retail Group, Inc. is based in Suffern, New York.