These analysts have also projected a Low Estimate of $-0.11/share and a High Estimate of $-0.07/share. Two research analysts have rated the stock with a sell rating and ten have given a hold rating to the stock.
A number of research analysts have weighed in on the stock.
In case of Revenue Estimates, 5 analysts have provided their consensus Average Revenue Estimates for Ascena Retail Group Inc.as 1.64 Billion. BidaskClub downgraded Ascena Retail Group from a "buy" rating to a "hold" rating in a research report on Saturday. Principal Financial Group Inc. raised its stake in shares of Ascena Retail Group by 0.4% in the 2nd quarter. Ascena Retail Group has $18.0 highest and $200 lowest target. The median estimate represents a +24.38% increase from the last price of 2.01.More news: PC market shows small signs of life as Q4 worldwide shipments grow
The stock increased 3.44% or $0.0706 during the last trading session, reaching $2.1206. About 2.53 million shares traded. The firm has a market cap of $418.54, a price-to-earnings ratio of -0.39 and a beta of 1.96. A year ago the company's sales were $1750000 while its sales growth yearly estimates for the current quarter are -6.6%. Ascena Retail Group has a one year low of $1.65 and a one year high of $5.94. (NASDAQ:ASNA)'s latest quote $2.01 $0 0% will find technical support in $1.98 a share and a breakdown below this region would be a significantly bearish signal for Ascena Retail Group, Inc. traders. The company reported $0.18 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.20 by $0.02. During current year the company's forecasts over growth are -36.4% while for the next year analysts' growth estimation is 14.3%. The firm's revenue was down 5.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.18 EPS.
In related news, Director Krill Katherine Lawther sold 19,400 shares of Ascena Retail Group stock in a transaction on Friday, December 28th. The brokerage now has a $0.99 price target on the stock, down from their previous price target of $12.60. Following the sale, the director now owns 108,957 shares of the company's stock, valued at approximately $253,869.81. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. KeyBanc Capital Markets maintained the stock with "Hold" rating in Wednesday, August 30 report.
A number of hedge funds have recently made changes to their positions in the business. Sapience Investments LLC grew its stake in shares of Ascena Retail Group by 97.6% during the second quarter. Their 52-Week High and Low are noted here. Thrivent Financial For Lutherans boosted its holdings in shares of Ascena Retail Group by 4.6% in the 2nd quarter.More news: Bills fire offensive coordinator Rick Dennison
Consequently Ascena Retail Grp Cmn (NASDAQ:ASNA)'s weekly and monthly volatility is 5.78%, 5.80% respectively.
The consensus recommendation for Ascena Retail Group Inc. (ASNA) performance during the last one year degraded -63.33 percent, while its year to date (YTD) performance showed a negative trend of -12.77 percent. They just need to take the company's market capitalization and divide it by the company's total sales over the past 12 months. M&T Bank Corp now owns 78,184 shares of the specialty retailer's stock valued at $168,000 after acquiring an additional 1,739 shares during the period. BNP Paribas Arbitrage SA boosted its holdings in shares of Ascena Retail Group by 45.7% in the 2nd quarter. The fund owned 919,468 shares of the specialty retailer's stock after purchasing an additional 306,950 shares during the quarter. Insiders own 8.02% of the company's stock.
Ascena Retail Grp Cmn (NASDAQ:ASNA) has average revenue estimates of $1.63 Billion, compared to low analyst estimates of $1.61 Billion and high estimates of $1.65 Billion for the current quarter. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of USA & worldwide copyright legislation. Coliseum Capital Management LLC raised its position in shares of Ascena Retail Group by 38.6% in the second quarter.More news: Paige Not Getting Cleared, Done As WWE Wrestler
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