News articles about Ascena Retail Group (NASDAQ:ASNA) have trended somewhat negative on Monday, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Ascena Retail Group earned a news impact score of -0.05 on Accern’s scale. Accern also gave press coverage about the specialty retailer an impact score of 47.2012864390421 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment’s rankings:
- Moving Average Crossover Alert: Ascena Retail Group, Inc. (ASNA) (zacks.com)
- Lane Bryant And Catherines To Support Nationwide Children’s Hospital Through Give.Love.Share. Campaign (finance.yahoo.com)
- Zacks: Brokerages Expect Ascena Retail Group Inc (ASNA) Will Announce Earnings of -$0.10 Per Share (americanbankingnews.com)
- Ascena Retail Group (ASNA) Downgraded to “Hold” at ValuEngine (americanbankingnews.com)
- Ascena Retail Group (ASNA) Given Neutral Rating at B. Riley (americanbankingnews.com)
A number of equities analysts have weighed in on ASNA shares. Zacks Investment Research lowered shares of Ascena Retail Group from a “hold” rating to a “sell” rating in a report on Wednesday, December 6th. BidaskClub raised shares of Ascena Retail Group from a “hold” rating to a “buy” rating in a research note on Friday, December 22nd. B. Riley cut their target price on shares of Ascena Retail Group from $2.50 to $2.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 6th. Finally, ValuEngine downgraded shares of Ascena Retail Group from a “hold” rating to a “sell” rating in a research note on Friday, March 9th. Two analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $2.60.
Shares of ASNA stock traded down $0.01 during mid-day trading on Monday, reaching $2.00. The company’s stock had a trading volume of 1,177,887 shares, compared to its average volume of 1,975,893. Ascena Retail Group has a 12-month low of $1.65 and a 12-month high of $4.50. The company has a current ratio of 1.29, a quick ratio of 0.64 and a debt-to-equity ratio of 2.26. The company has a market cap of $394.35, a PE ratio of 9.05 and a beta of 1.74.
Ascena Retail Group (NASDAQ:ASNA) last issued its earnings results on Monday, March 5th. The specialty retailer reported ($0.12) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.09) by ($0.03). Ascena Retail Group had a negative net margin of 16.52% and a positive return on equity of 2.02%. The business had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same period in the prior year, the business posted ($0.07) EPS. The business’s revenue was down 1.7% on a year-over-year basis. equities research analysts expect that Ascena Retail Group will post -0.06 EPS for the current fiscal year.
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About Ascena Retail Group
Ascena Retail Group, Inc, through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics and bedroom furnishings; and wear-to-work, sportswear, footwear, and social occasion apparel.
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