Ascena Retail Group (ASNA) Receives Daily Media Sentiment Rating of -0.01
News articles about Ascena Retail Group (NASDAQ:ASNA) have been trending somewhat negative on Thursday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. 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 sentiment score of -0.01 on Accern’s scale. Accern also assigned news stories about the specialty retailer an impact score of 47.8480899567722 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- ANN INC. Parent Company to Ann Taylor and LOFT Brands Exceed Record $5 Million Fundraising for the Breast … – PR Newswire (press release) (prnewswire.com)
- Ascena Retail Group, Inc. (NASDAQ: ASNA) – Why Day Traders Usually Trade on In Play Stocks? – Alpha Beta Stock (alphabetastock.com)
- Summary of what has been trade about Ascena Retail Group, Inc. (ASNA) – Wall Street Morning (wallstreetmorning.com)
- ANN INC. Parent Company to Ann Taylor and LOFT Brands Exceed Record $5 Million Fundraising for the Breast Cancer Research Foundation® (finance.yahoo.com)
- ETFs with exposure to Ascena Retail Group, Inc. : December 11, 2017 (finance.yahoo.com)
Ascena Retail Group (NASDAQ ASNA) opened at $1.98 on Thursday. The firm has a market capitalization of $392.08, a PE ratio of 14.29 and a beta of 1.96. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.36 and a quick ratio of 0.55. Ascena Retail Group has a one year low of $1.65 and a one year high of $7.73.
Ascena Retail Group (NASDAQ:ASNA) last released its quarterly earnings data on Monday, December 4th. The specialty retailer reported $0.11 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.11. The firm had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.58 billion. Ascena Retail Group had a positive return on equity of 2.50% and a negative net margin of 16.39%. The business’s quarterly revenue was down 5.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.18 earnings per share. research analysts forecast that Ascena Retail Group will post 0.15 EPS for the current year.
ASNA has been the subject of several recent research reports. BidaskClub lowered Ascena Retail Group from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 23rd. Zacks Investment Research raised Ascena Retail Group from a “sell” rating to a “hold” rating in a report on Monday, September 18th. KeyCorp reaffirmed a “hold” rating on shares of Ascena Retail Group in a research note on Wednesday, October 11th. Royal Bank of Canada set a $3.00 price objective on Ascena Retail Group and gave the stock a “hold” rating in a research note on Saturday, October 7th. Finally, ValuEngine lowered Ascena Retail Group from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Two investment analysts have rated the stock with a sell rating and eleven have given a hold rating to the company. Ascena Retail Group currently has a consensus rating of “Hold” and an average target price of $3.36.
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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