Ascena Retail Group (ASNA) Set to Announce Earnings on Monday
Ascena Retail Group (NASDAQ:ASNA) will be posting its quarterly earnings results after the market closes on Monday, September 24th. Analysts expect Ascena Retail Group to post earnings of $0.03 per share for the quarter.
Shares of Ascena Retail Group stock opened at $4.06 on Tuesday. The company has a current ratio of 1.28, a quick ratio of 0.57 and a debt-to-equity ratio of 1.91. Ascena Retail Group has a 52-week low of $1.69 and a 52-week high of $5.28. The company has a market capitalization of $806.44 million, a PE ratio of 18.45 and a beta of 1.69.
Several research analysts have recently issued reports on the stock. Guggenheim restated a “hold” rating on shares of Ascena Retail Group in a report on Tuesday, June 5th. B. Riley raised their target price on shares of Ascena Retail Group to $3.50 and gave the stock a “neutral” rating in a report on Tuesday, June 5th. BidaskClub raised Ascena Retail Group from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 7th. Finally, Zacks Investment Research raised Ascena Retail Group from a “hold” rating to a “strong-buy” rating and set a $4.25 price target for the company in a research note on Wednesday, July 11th. Seven investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $3.69.
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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