Ascena Retail Group (NASDAQ:ASNA) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 1.57 by 7 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 2 Brokerage Firms have advised hold.
Ascena Retail Group (NASDAQ:ASNA): The mean short term price target for Ascena Retail Group (NASDAQ:ASNA) has been established at $12.57 per share. The higher price target estimate is at $17 and the lower price target estimate is expected at $8 according to 7 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $3.46
Ascena Retail Group (NASDAQ:ASNA) witnessed a decline in the market cap on Tuesday as its shares dropped 1.89% or 0.14 points. After the session commenced at $7.41, the stock reached the higher end at $7.41 while it hit a low of $7.175. With the volume soaring to 1,460,264 shares, the last trade was called at $7.27. The company has a 52-week high of $17.59. The company has a market cap of $1,411 million and there are 194,123,040 shares in outstanding. The 52-week low of the share price is $6.33.
Shares of Ascena Retail Group Inc. rose by 3.12% in the last five trading days and 0.55% for the last 4 weeks. Ascena Retail Group Inc. has dropped 31.48% during the last 3-month period . Year-to-Date the stock performance stands at -26.19%.
Ascena Retail Group, Inc. is a specialty retailer, which offers clothing, shoes and accessories for missy and plus-size women. The Company offers its products under the Ann Taylor, LOFT, Lane Bryant, maurices, dressbarn, Catherines and Justice brands. It operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment consists of specialty retail, outlet and e-commerce operations of Ann Taylor and LOFT brands. The Justice merchandise mix includes apparel, accessories, footwear, intimates and lifestyle products. The Lane Bryant segment offers apparel, including intimate apparel, wear-to-work and casual sportswear, accessories, select footwear and social occasion apparel. The maurices brand caters customers in ages between over 20 and 30, including core and plus-size offerings. The dressbarn brand caters female consumers in ages between approximately 30 and 50. Catherines offers apparel and accessories for wear-to-work and casual lifestyles.