Ascena Retail Grp Cmn (NASDAQ:ASNA) shares traded -3.74% down during most recent session to reach at the closing price of $2.06. The stock exchanged hands 2.52 Million shares versus average trading capacity of 2.53 Million shares, yielding a market cap of $419.5 Million. Wall Street analysts covering the stock are projecting that the stock will reach $2.38 within the next 52-weeks. The mean target projections are based on 4 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 $3 and with a conservative view have low price target of $1.5.
FBR Capital “Maintained” Ascena Retail Grp Cmn (NASDAQ:ASNA) in a research note issued to investors on 8/15/17 to Neutral with price target of $3.
Additionally on 3/21/17 KeyBanc “Downgrades” Ascena Retail Grp Cmn (NASDAQ:ASNA) to Sector Weight setting price target at $0 and on 3/09/17 Guggenheim “Initiates Coverage On” the stock to Neutral at $0. Furthermore on 3/07/17 Citigroup “Downgrades” the stock to Sell at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 42.63 along with Average True Range (ATR 14) of 0.15, Consequently Ascena Retail Grp Cmn (NASDAQ:ASNA)’s weekly and monthly volatility is 6.43%, 6.04% respectively. The company’s beta value is at 2.06.
In terms of Buy, Sell or Hold recommendations, Ascena Retail Grp Cmn (NASDAQ:ASNA) has analysts’ mean recommendation of 3.3. 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 $-0.11 and can go high up to $-0.08. The consensus mean EPS for the current quarter is at $-0.1 derived from a total of 7 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.07 earnings per share for the same quarter during last year.
Previously Ascena Retail Grp Cmn (NASDAQ:ASNA) reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11 by $0. The company posted an earnings surprise of 0%.
While considering growth estimates of the company, it has next quarter growth estimates of 40% whereas during current quarter it has -42.9% estimations over growth, comparing to the estimations of -36.4% during current year and 14.3% for next year. Past 5 years growth of Ascena Retail Grp Cmn (NASDAQ:ASNA) observed at -30.71%, 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 $1.63 Billion according to 5 number of analysts, for the current quarter the company has high revenue estimates of $1.65 Billion in contradiction of low revenue estimates of $1.61 Billion. For the current year the company’s revenue estimates are $6.28 Billion compared to low analyst estimates of $6.2 Billion and high estimates of $6.36 Billion according to 5 number of analysts.
Currently Ascena Retail Grp Cmn (NASDAQ:ASNA)’s shares owned by insiders are 6.3%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded -1.72%, as well as three-month change in the institutional ownership was recorded 1.12%.
Ascena Retail Grp Cmn (NASDAQ:ASNA) 52-week high price stands at $6.32 and low price stands at $1.65, its price distance from 52-week high is -67.41% while its distance from 52-week low price is 24.85%. The stock hit its 52-week high on 01/09/17, and 52-week low on 05/18/17.
Ascena Retail Grp Cmn (NASDAQ:ASNA)’s trailing twelve month revenues are $6.56 Billion, whereas its price to sales ratio for the same period is 0.06. Its book value per share for the most recent quarter is $4.25 while its price to book ratio for the same period is 0.48, as for as the company’s cash per share for the most recent quarter is $1.49, however its price to cash per share ratio for the same period is 1.38. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.