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.
ASNA was given price targets by several analysts. The maximum price target given was 5, implying potential capital gains of 114.13 percent. The most pessimistic analyst gave a price target of 1.5, implying a possible loss of -35.76 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing 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.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
ASNA has traded between a high of 9.12 and a low of 1.65 over the past year. Today's price is 41.52 percent above the 52-week low, and 74.4 percent lower than its 52-week high. ASNA has a price/earnings 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.