Ascena Retail Group (ASNA) to Release Earnings on Tuesday
Ascena Retail Group (NASDAQ:ASNA) is scheduled to post its Q413 quarterly earnings results on Tuesday, September 24th. Analysts expect Ascena Retail Group to post earnings of $0.21 per share and revenue of $1.17 billion for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.
Ascena Retail Group (NASDAQ:ASNA) opened at 16.98 on Monday. Ascena Retail Group has a 1-year low of $15.95 and a 1-year high of $21.82. The stock’s 50-day moving average is $17.01 and its 200-day moving average is $18.23. The company has a market cap of $2.666 billion and a P/E ratio of 22.31.
A number of analysts have recently weighed in on ASNA shares. Analysts at Zacks upgraded shares of Ascena Retail Group (NASDAQ:ASNA) from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, August 6th. They now have a $19.10 price target on the stock. On a related note, analysts at FBR & Co. downgraded shares of Ascena Retail Group (NASDAQ:ASNA) from an “outperform” rating to an “underperform” rating in a research note to investors on Thursday, August 1st. Finally, analysts at FBR Capital Markets initiated coverage on shares of Ascena Retail Group (NASDAQ:ASNA) in a research note to investors on Thursday, August 1st. They set an “underperform” rating on the stock.
Two analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the stock. Ascena Retail Group has an average rating of “Hold” and an average price target of $21.18.
Ascena Retail Group, Inc (NASDAQ:ASNA) is a national specialty retailer of apparel for women and tween girls operating, through its wholly owned subsidiaries, the dressbarn, maurices, and Justice brands.
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