Investor's Watch List: Ascena Retail Grp Cmn (NASDAQ:ASNA)

Joanna Estrada
July 14, 2017

Its book value per share for the most recent quarter is $4.27 while its price to book ratio for the same period is 0.53, as for as the company's cash per share for the most recent quarter is $0, however its price to cash per share ratio for the same period is 0.

Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. Finally, Highbridge Capital Management LLC boosted its stake in Ascena Retail Group by 13,454.5% in the fourth quarter. Equity research analysts have given opinions on where they foresees the stock level. State Street Corp has invested 0% in Ascena Retail Group Inc (NASDAQ:ASNA). The Franklin Resources Inc holds 585,577 shares with $66.83 million value, up from 570,481 last quarter. On September 20 the company was downgraded from "Outperform" to "Market Perform" in an announcement from Oppenheimer. Louisiana State Employees Retirement System now owns 69,000 shares of the specialty retailer's stock valued at $294,000 after buying an additional 900 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Ascena Retail Group by 18.9% in the first quarter. Mason Street Advisors LLC now owns 39,622 shares of the specialty retailer's stock valued at $169,000 after buying an additional 2,595 shares during the last quarter.

12/15/2016 - Goldman Sachs began new coverage on Ascena Retail Group, Inc. giving the company a " rating. Highbridge Capital Management LLC now owns 27,109 shares of the specialty retailer's stock valued at $167,000 after buying an additional 26,909 shares during the last quarter. Great West Life Assurance Co Can accumulated 222,693 shares or 0% of the stock. Can raised its position in Ascena Retail Group by 3.3% in the first quarter. Can now owns 230,087 shares of the specialty retailer's stock worth $980,000 after buying an additional 7,394 shares in the last quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Over the past twelve months, Ascena Retail Group, Inc. (ASNA) are trading -75.21% downward from the 52-week high mark and 36.97% above from the fifty two-week low mark. 1,580,458 shares of the stock were exchanged. The company has a 50 day moving average price of $2.14 and a 200-day moving average price of $4.16. The firm's market cap is $395.31 million.

Ascena Retail Grp Cmn (NASDAQ:ASNA) shares traded on 9.71% up secure line and closed at $2.26. The specialty retailer reported $0.05 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.05. Analysts have placed a $3.3 price target on Ascena Retail Group, Inc., suggesting a 46.02% gain from recent close. During the same quarter past year, the company earned $0.15 EPS. During the same quarter in the prior year, the business posted $0.15 earnings per share. Equities research analysts expect that Ascena Retail Group will post $0.12 earnings per share for the current fiscal year.

Ascena Retail Group, Inc. (NASDAQ:ASNA) opened at 2.26 on Friday. If you are reading this piece on another domain, it was illegally copied and republished in violation of worldwide trademark and copyright legislation. Guggenheim started coverage on Ascena Retail Group in a research report on Thursday, March 9th.

A number of brokerages recently weighed in on ASNA. Royal Bank Of Canada set a $5.00 price objective on shares of Ascena Retail Group and gave the company a "hold" rating in a research report on Monday, April 3rd. Cowen and Company reaffirmed a "market perform" rating and set a $2.00 target price (down previously from $6.00) on shares of Ascena Retail Group in a research note on Sunday, June 11th. With that said, researchers took a deep dive into the hotly debated question: is it too early to buy Ascena Retail Group, Inc. Finally, Telsey Advisory Group dropped their price objective on shares of Ascena Retail Group from $6.00 to $3.00 and set a "market perform" rating on the stock in a research note on Thursday, May 18th. The company has managed to keep price to sales ratio of 2.92 against an industry average of 10.34.

Relative strength index (RSI-14) for Ascena Retail Group, Inc.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER