Ascena Retail Grp Cmn (NASDAQ:ASNA) shares traded -4.08% down during most recent session to reach at the closing price of $2.35. The stock exchanged hands 2.39 Million shares versus average trading capacity of 3 Million shares, yielding a market cap of $460.39 Million. Wall Street analysts covering the stock are projecting that the stock will reach $3.5 within the next 52-weeks. The mean target projections are based on 3 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 $4.5 and with a conservative view have low price target of $2.

Citigroup “Maintained” Ascena Retail Grp Cmn (NASDAQ:ASNA) in a research note issued to investors on 9/26/18 to Sell with price target of $2.

Additionally on 8/15/18 B. Riley FBR “Maintained” Ascena Retail Grp Cmn (NASDAQ:ASNA) to Neutral setting price target at $4.5 and on 3/06/18 B. Riley FBR “Maintained” the stock to Neutral at $2. Furthermore on 8/15/17 FBR Capital “Maintained” the stock to Neutral at $3.

On the other hand the company has Relative Strength Index (RSI 14) of 38.36 along with Average True Range (ATR 14) of 0.22, Consequently Ascena Retail Grp Cmn (NASDAQ:ASNA)’s weekly and monthly volatility is 9.28%, 7.67% respectively. The company’s beta value is at 1.55.

In terms of Buy, Sell or Hold recommendations, Ascena Retail Grp Cmn (NASDAQ:ASNA) has analysts’ mean recommendation of 0. 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 $-0.28 and can go high up to $-0.19. The consensus mean EPS for the current quarter is at $-0.24 derived from a total of 4 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.12 earnings per share for the same quarter during last year.

Previously Ascena Retail Grp Cmn (NASDAQ:ASNA) reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.02. The company posted an earnings surprise of 50%.

Ascena Retail Grp Cmn (NASDAQ:ASNA)’s revenue estimates for the current quarter are $1.71 Billion according to 4 number of analysts, for the current quarter the company has high revenue estimates of $1.74 Billion in contradiction of low revenue estimates of $1.69 Billion. For the current year the company’s revenue estimates are $6.51 Billion compared to low analyst estimates of $6.46 Billion and high estimates of $6.59 Billion according to 4 number of analysts.

Currently Ascena Retail Grp Cmn (NASDAQ:ASNA)’s shares owned by insiders are 6.5%, whereas shares owned by institutional owners are 99.8%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0.01%.

Ascena Retail Grp Cmn (NASDAQ:ASNA)’s trailing twelve month revenues are $6.58 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 $4.13 while its price to book ratio for the same period is 0.57, 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.