Ascena Retail Grp Cmn (NASDAQ:ASNA) shares traded 4.95% up during most recent session to reach at the closing price of $2.33. The stock exchanged hands 1.95 Million shares versus average trading capacity of 3.63 Million shares, yielding a market cap of $485.18 Million. Wall Street analysts covering the stock are projecting that the stock will reach $3.3 within the next 52-weeks. The mean target projections are based on 5 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Ascena Retail Grp Cmn (NASDAQ:ASNA) high price target of $5 and with a conservative view have low price target of $1.5.
KeyBanc “Downgrades” Ascena Retail Grp Cmn (NASDAQ:ASNA) in a research note issued to investors on 3/21/17 to Sector Weight with price target of $0.
Additionally on 3/09/17 Guggenheim “Initiates Coverage On” Ascena Retail Grp Cmn (NASDAQ:ASNA) to Neutral setting price target at $0 and on 3/07/17 Citigroup “Downgrades” the stock to Sell at $0. Furthermore on 12/15/16 Goldman Sachs “Initiates Coverage On” the stock to Neutral at $7.
On the other hand the company has Relative Strength Index (RSI 14) of 58.76 along with Average True Range (ATR 14) of 0.17, Consequently Ascena Retail Grp Cmn (NASDAQ:ASNA)’s weekly and monthly volatility is 9.84%, 8.00% respectively. The company’s beta value is at 1.91.
In terms of Buy, Sell or Hold recommendations, Ascena Retail Grp Cmn (NASDAQ:ASNA) has analysts’ mean recommendation of 3.2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Ascena Retail Grp Cmn (NASDAQ:ASNA)’s minimum EPS for the current quarter is at $-0.06 and can go high up to $-0.02. The consensus mean EPS for the current quarter is at $-0.04 derived from a total of 7 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.08 earnings per share for the same quarter during last year.
While considering growth estimates of the company, it has next quarter growth estimates of 16.7% whereas during current quarter it has -150% estimations over growth, comparing to the estimations of -80% during current year and 100% for next year. Past 5 years growth of Ascena Retail Grp Cmn (NASDAQ:ASNA) observed at -31.85%, looking forward for the next 5 years it has a strong prediction of 21% over growth.
Ascena Retail Grp Cmn (NASDAQ:ASNA)’s revenue estimates for the current quarter are $1.58 Billion according to 5 number of analysts, for the current quarter the company has high revenue estimates of $1.62 Billion in contradiction of low revenue estimates of $1.53 Billion. For the current year the company’s revenue estimates are $6.56 Billion compared to low analyst estimates of $6.51 Billion and high estimates of $6.61 Billion according to 5 number of analysts.
Currently Ascena Retail Grp Cmn (NASDAQ:ASNA)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 74.7%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -0.23%.
Ascena Retail Grp Cmn (NASDAQ:ASNA) 52-week high price stands at $9.11 and low price stands at $1.65, its price distance from 52-week high is -74.44% while its distance from 52-week low price is 41.21%. The stock hit its 52-week high on 08/23/16, and 52-week low on 05/18/17.
Ascena Retail Grp Cmn (NASDAQ:ASNA)’s trailing twelve month revenues are $6.8 Billion, whereas its price to sales ratio for the same period is 0.07. Its book value per share for the most recent quarter is $4.27 while its price to book ratio for the same period is 0.55, 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. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.