Ascena Retail Group Inc. (ASNA)
KeyBanc Downgrades Ascena Retail Group Inc. (ASNA)’s stock to Sector Weight with no specific Price Target. This rating was issued on 3/21/17. The stock recently closed its previous session at $3.65 by showing a percentage change of -5.19% from its previous day closing price of $3.85.
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. (ASNA) in which Guggenheim Initiates Coverage On Ascena Retail Group Inc. (ASNA) to Neutral with no specific Price Target on 3/09/17. Citigroup Downgrades the stock to Sell on 3/07/17 with no specific Price Target. Goldman Sachs Initiates Coverage On the company’s stock to Neutral on 12/15/16 by setting a price target of $7. Citigroup Maintains Ascena Retail Group Inc. (ASNA) to Neutral with a price target of $7.
Ascena Retail Group Inc. (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. (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 1 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. (ASNA) reported its Actual EPS of $-0.07/share. The analysts offering Earnings Estimates for the company were believing that Ascena Retail Group Inc. (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. (ASNA) has a market capitalization of 699.81 Million. The stock traded with the volume of 5.93 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 22, 2017 as $3.53. 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 -17.53%. The Moving Average SMA50 is -24.33% while SMA200 is -42.4%.
Ascena Retail Group Inc. (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 -41.03 percent while its Weekly performance value is -10.54%. The Monthly and Yearly performances are -28.99 percent and -65.6 percent respectively. The Relative Volume value measured for Ascena Retail Group Inc. (ASNA) is 1.66. The Average Volume (3 months) is 3.57 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 89.02, Forward P/E of 7.77, P/C (Price to cash per share) of 0 and Price to Free Cash Flow (P/FCF) value of 5.1. 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.