Ascena Retail Group (ASNA) Getting Somewhat Positive Media Coverage, Report Shows
Headlines about Ascena Retail Group (NASDAQ:ASNA) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ascena Retail Group earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave news articles about the specialty retailer an impact score of 46.0443384931504 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern’s scoring:
- Ascena Retail Group, Inc. (ASNA) Sees Significant Drop in Short Interest (americanbankingnews.com)
- ANN INC. Celebrates a Decade of Support for St. Jude Children’s … – PR Newswire (press release) (prnewswire.com)
- ANN INC. Celebrates a Decade of Support for St. Jude Children’s Research Hospital® with the Launch of Annual St. Jude Thanks and Giving® Campaign (finance.yahoo.com)
- Golden Gate Private Equity, Inc. Buys Valvoline Inc, First Data Corp, Alliance Data Systems … – Nasdaq (nasdaq.com)
- Golden Gate Private Equity, Inc. Buys Valvoline Inc, First Data Corp, Alliance Data Systems Corp, Sells NeuStar Inc … – GuruFocus.com (gurufocus.com)
Ascena Retail Group (NASDAQ ASNA) traded up $0.09 on Friday, hitting $2.01. The stock had a trading volume of 1,836,000 shares, compared to its average volume of 2,012,010. The company has a market cap of $393.98, a P/E ratio of 9.57 and a beta of 1.88. Ascena Retail Group has a 52 week low of $1.65 and a 52 week high of $8.19. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.52 and a current ratio of 1.20.
Ascena Retail Group (NASDAQ:ASNA) last released its quarterly earnings results on Monday, September 25th. The specialty retailer reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.08. The company had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.57 billion. Ascena Retail Group had a positive return on equity of 3.13% and a negative net margin of 16.05%. The firm’s revenue was down 8.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.08 EPS. research analysts predict that Ascena Retail Group will post 0.23 EPS for the current year.
A number of brokerages have recently issued reports on ASNA. B. Riley reaffirmed a “neutral” rating on shares of Ascena Retail Group in a research report on Wednesday, November 1st. ValuEngine lowered Ascena Retail Group from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. Zacks Investment Research raised Ascena Retail Group from a “sell” rating to a “hold” rating in a research report on Tuesday, November 7th. FBR & Co set a $3.00 target price on Ascena Retail Group and gave the stock a “hold” rating in a research report on Tuesday, October 17th. Finally, KeyCorp reissued a “hold” rating on shares of Ascena Retail Group in a research report on Wednesday, October 11th. Two research analysts have rated the stock with a sell rating and eleven have given a hold rating to the company. The stock has an average rating of “Hold” and a consensus price target of $3.50.
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Ascena Retail Group Company Profile
Ascena Retail Group, Inc is a specialty retailer of apparel for women and tween girls. The Company operates through six segments: 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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