March 23, 2017

Trader's Watch List: Ascena Retail Group Inc. (ASNA)

21 March 2017, 03:05 | Austin Hogan

Stock Price of Ascena Retail Group, Inc. (ASNA) Decreases -5.18%

Citigroup Downgrades Ascena Retail Group Inc to Sell

ASNA has been the subject of a number of other research reports.

Here we discussed analysts opinions what they said about Ascena Retail Group, Inc.

Ascena Retail Group a specialty retailer which offers clothing shoes and accessories for missy and plus-size women.

If we glance over stock price target, the analysts were fairly in stock's favor assigning high price target of 47.50 and average price target of 37.74. Additionally, RBC Capital Mkts Downgrade its ratings on the stock to Sector Perform. (NASDAQ:MAT)recently closed at market price of $25.59 with a 1 year price target of $30.25.

03/07/2017 - Ascena Retail Group, Inc. was downgraded to "sell" by analysts at Citigroup. This is built on a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. The company's market cap is $783.48 Million.

01/19/2017 - Ascena Retail Group, Inc. had its "market perform" rating reiterated by analysts at Cowen. The stock hit 1-yearhigh at $14.39 and a low of $4.65 in the same period.

Price-To-Book Ratio or P/B Ratio is a ratio used to compare a stock's market value to its book value.

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06/05/2015 - Ascena Retail Group, Inc. was upgraded to "buy" by analysts at TheStreet. Legal General Public Ltd stated it has 0% of its portfolio in Ascena Retail Group Inc (NASDAQ:ASNA).

The mean revenue estimate for the current fiscal period ending April 2017 is $1.6B by 9 brokerage firms. Ascena Retail Group had a return on equity of 4.50% and a net margin of 0.29%. The company's revenue for the quarter was down 5.1% compared to the same quarter a year ago.

Struggling to find a way in profitable zone, the current EPS estimate trend for the next year first quarter was $0.17 while three months ago that trend was for $0.15.

09/20/2016 - Ascena Retail Group, Inc. had its "market perform" rating reiterated by analysts at Telsey Advisory Group. The legal version of this piece can be accessed at If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of United States & global copyright and trademark law. Boothbay Fund Management LLC bought a new position in shares of Ascena Retail Group during the fourth quarter valued at $165,000. Amalgamated Bank boosted its position in shares of Ascena Retail Group by 10.9% in the second quarter. He writes articles for Analysis of different Companies including news and analyst rating updates.

The stock was able to keep return on assets at -1.35% in the trailing twelve month while Reuters data showed that industry's average stands at 2.90% and sector's optimum level is 4.33%. Ascena Retail Group had 20 analyst reports since September 24, 2015 according to SRatingsIntel. The stock traded with the volume of 1.39 Million shares in the last trading session. The 52-week range of the share price is from $58.28 - $75.49.

The latest Insider trade was made on 5 Mar 2017 where Giammatteo (Robert) Chief Financial Officer did a transaction type "Sell" in which 1983 shares were traded at a price of $4.44. The Insider Ownership of the company now is 6.7 percent, and Institutional Ownership is 95 percent. The Firm operates through six divisions: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands.

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