Let’s take a quick look at where covering equity analysts see Ascena Retail Group, Inc. (NASDAQ:ASNA) going in the future. Analysts polled have a current consensus target on company stock of $3.30.
Investors are usually scouring the markets for that next great stock pick. Locating that special winner to jumpstart the portfolio may involve lots of diligent hard work. Filing through the massive amounts of data regarding public companies can be an overwhelming task. Many successful investors will approach the equity markets from various sides. This may include keeping a close eye on the fundamentals as well as the technical data. This may also include following sell-side analyst opinions and tracking what the big money institutions are buying or selling.
Zacks research also gives calculated recommendations from sell-side analysts that cover company shares. These recommendations land on a simplified scale provided by Zacks Research. Using data provided from various analysts, shares of Ascena Retail Group, Inc. (NASDAQ:ASNA) are presently listed with an ABR of 3 . This number is using a recommendation scale where the ratings range from a 1 to a 5. Following this scale, a 1 would signify a Strong Buy while a 5 would represent a Strong Sell.
We can also take a look at some company earnings per share or EPS information. Earnings per share is the segment of profit for a company that is allocated to every outstanding share of a company’s common stock. Earnings per share numbers can serve as an indicator for the profitability of a certain company. EPS is broadly thought to be one of the most important factors when evaluating the price of a share. A Zacks consensus currently shows Street analysts projecting the company to post per share earnings of $-0.03 . For the period ending 2017-04-30 , Ascena Retail Group, Inc. (NASDAQ:ASNA) reported actual EPS of $0.05 . This number was $0 away from analyst predictions, providing a surprise factor of 0 %. The company is expected to next release earnings on or around 2017-09-18 .
The data in this report is in part provided by Zacks Research and Yahoo Finance. The author does not have, nor plans to take any position in Ascena Retail Group, Inc. shares within the next 14 days. Readers should not consider this as a recommendation to buy or sell company stock. This piece is for informational purposes only. Potentialy investors should always conduct full research before making investment decisions.