Featured Stock Overview: Ascena Retail Group, Inc. (NASDAQ:ASNA)

Ascena Retail Group, Inc. (NASDAQ:ASNA)

Citigroup Maintains Ascena Retail Group, Inc. (NASDAQ:ASNA)’s stock to Sell with the price target of $2. This rating was issued on 9/26/18. The stock recently closed its previous session at $3.63 by showing a percentage change of -6.92% from its previous day closing price of $3.9.

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 B. Riley FBR Maintains Ascena Retail Group, Inc. (NASDAQ:ASNA) to Neutral by settling a price target of $4.5 on 8/15/18. B. Riley FBR Maintains the stock to Neutral on 3/06/18 by stationing a price target of $2. FBR Capital Maintains the company’s stock to Neutral on 8/15/17 by setting a price target of $3. KeyBanc Downgrades Ascena Retail Group, Inc. (NASDAQ:ASNA) to Sector Weight with no specific Price Target.

Ascena Retail Group, Inc. (NASDAQ:ASNA) currently has a consensus Price Target of $3.83. While some analysts have a High Price target for the stock of $5 and a Low Price Target of $2.

Several sell side analysts reviewed their recommendations on Ascena Retail Group, Inc. (NASDAQ:ASNA) where 0 analyst have rated the stock as Strong Buy, 0 analysts said it’s a Buy, 4 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 3.67. 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 $0.02/share. The difference between Actual EPS and Estimated EPS was 0.05 Percent. Thus the company showed an Earnings Surprise of 250 Percent.

Ascena Retail Group, Inc. (NASDAQ:ASNA) has a market capitalization of 697.68 Million. The stock traded with the volume of 2.64 Million shares in the last trading session. The stock touched its high share price of $5.28 on 08/22/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 02/06/18 as $1.79. The company has a 1 Year high price target of $3.83. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -16.16%. The Moving Average SMA50 is -17.9% while SMA200 is 13.65%.

Ascena Retail Group, Inc. (NASDAQ:ASNA) is currently showing its ROA (Return on Assets) of -1.1%. The Return on Investment (ROI) is at 1.1% while it’s Return on Equity (ROE) value stands at -5%. The stock currently shows its YTD (Year to Date) performance of 54.47 percent while its Weekly performance value is -19.69%. The Monthly and Yearly performances are -11.89 percent and 89.06 percent respectively. The Relative Volume value measured for Ascena Retail Group, Inc. (NASDAQ:ASNA) is 1.11. The Average Volume (3 months) is 2.4 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 0, Forward P/E of 74.08, P/C (Price to cash per share) of 3.19 and Price to Free Cash Flow (P/FCF) value of 8.74. The stock is showing its Operating Margin of 0.4 percent.

Company Profile:

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.