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.
Investment analysts gave a few price targets for ASNA. The most optimistic analyst gave a price target of 5, which equates to a potential upside of 114.13 percent. The most pessimistic analyst gave a price target of 1.5, which equates to a potential downside 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. The average change in earnings estimates over the last 90 days is -120.59 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. 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, compared to 0 analysts that revised their FY estimates downwards.
In the last 52-weeks, ASNA has achieved a high of 9.12 and a low of 1.65. Today's price is 41.52 percent above the 52-week low, and 74.4 percent below the 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.