Analyst Ratings for Ascena Retail Group Inc. (ASNA)Updated: 2017-07-27
Ascena Retail Group Inc. (NASDAQ:ASNA) was awarded an average rating of Hold from investment analysts following the stock. Last month, ASNA received an average rating of Hold.
A buy rating was issued by 0 analysts, 0 issued an overweight rating, 6 issued a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Several price targets were given for ASNA by the analysts covering the stock. The highest price target was 5, implying a possible profit of 114.13 percent. The lowest price target was 1.5, implying a possible loss of -35.76 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -120.59 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -70.57 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
ASNA has traded between a high of 9.12 and a low of 1.65 over the past year. Currently the stock is 41.52 percent higher than its low, and 74.4 percent lower than its 52-week high. ASNA has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The ASNA value stock report compares ASNA to some of its peers using value stock charts. The stock has a market capitalization of $0.35887 billion. ASNA's next earnings release will be on 0000-00-00, which is days away.