Economy

Recent Analysts Ratings Ascena Retail Group Inc. (ASNA)

Over the past 2 quarters, Ascena Retail Group, Inc.

For the Current Quarter, the growth estimate for Ascena Retail Group Inc.is -150%, while for the Next Quarter the stock growth estimate is 16.7%. Strs Ohio now owns 137,800 shares of the specialty retailer's stock worth $296,000 after buying an additional 7,900 shares in the last quarter. The legal version of this piece of content can be read at https://stocknewstimes.com/2017/08/04/ascena-retail-group-inc-nasdaqasna-shares-bought-by-blackrock-inc.html. 119.53 million shares or 0.47% more from 118.97 million shares in 2016Q3 were reported. UBS Asset Management Americas Inc. raised its position in Ascena Retail Group by 62.7% in the first quarter. UBS Asset Management Americas Inc. now owns 130,373 shares of the specialty retailer's stock worth $555,000 after buying an additional 50,257 shares during the period. Swiss National Bank raised its position in Ascena Retail Group by 3.2% in the first quarter. Can now owns 243,087 shares of the specialty retailer's stock worth $518,000 after buying an additional 13,000 shares in the last quarter.

Ascena Retail Group (ASNA) opened at 2.56 on Monday. The Massachusetts-based Greenwood Investments Inc. has invested 12.23% in the stock. Bank of New York Mellon Corp raised its position in Ascena Retail Group by 66.8% in the first quarter. NGAM Advisors L.P. now owns 133,080 shares of the specialty retailer's stock worth $286,000 after buying an additional 41,228 shares in the last quarter. Mason Street Advisors LLC boosted its position in Ascena Retail Group by 7.0% in the first quarter.

With all other things going on, Ascena Retail Group, Inc. The company trades on average around 365000 shares per market session. The company's 50-day moving average is $2.16 and its 200-day moving average is $3.45. This change led market cap to move at $468.89M, putting the price -73.72% below the 52-week high and 45.15% above the 52-week low. Zacks' sales averages are an average based on a survey of sell-side research firms that cover Ascena Retail Group.

Ascena Retail Group Inc. closed its last trading session at $2.56 with the loss of -6.45%. The specialty retailer reported $0.05 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.05. The Investment Counselors Of Maryland Llc holds 813,243 shares with $5.03 million value, down from 1.80M last quarter.

While having a peek at profitability ratios Ascena Retail Grp Cmn (NASDAQ:ASNA) has trailing twelve month gross margin at 58%, its trailing twelve month operating margin stands at -18.2% whereas its trailing twelve month net profit margin spots at -15.3%. While in the same Quarter Previous year, the Actual EPS was $0.08. For the outlook of the current financial quarter, Analysts think the firm will post 0.90 earnings per share.

WARNING: This report was first posted by Markets Daily and is owned by of Markets Daily. If you are accessing this report on another website, it was illegally copied and republished in violation of United States & worldwide copyright & trademark legislation.

ILLEGAL ACTIVITY NOTICE: "Ascena Retail Group, Inc".

A number of research firms have weighed in on ASNA. Ascena Retail Group now has a consensus rating of "Hold" and an average price target of $4.50.

When it comes to the Analysis of a Stock, Price Target plays a vital role. BidaskClub raised shares of Ascena Retail Group from a "strong sell" rating to a "sell" rating in a report on Monday. Finally, Cowen and Company restated a "market perform" rating and set a $2.00 price target (down from $6.00) on shares of Ascena Retail Group in a research report on Sunday, June 11th.

03/22/2017 - Ascena Retail Group, Inc. was downgraded to " by analysts at KeyBanc.

Among 2 analysts covering Twenty-First Century Fox (NASDAQ:FOX), 1 have Buy rating, 0 Sell and 1 Hold.

In case of Revenue Estimates, 4 analysts have provided their consensus Average Revenue Estimates for Ascena Retail Group Inc.as 1.57 Billion.



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