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.
Many analysts weighed in on price targets for ASNA. The maximum price target given was 5, which equates to a potential upside of 114.13 percent. The lowest price target was 1.5, implying potential capital losses of -35.76 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
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. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. 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. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. 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. The current market price is above the trailing year's low by 41.52 percent, and below the high by 74.4 percent. 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 market cap of ASNA is $0.35887 billion. ASNA will post this quarters earnings in days, on 0000-00-00.