Ascena Retail Group has a consensus rating of “Hold” and a consensus target price of $10.92. Royal Bank Of Canada lowered Ascena Retail Group from an “outperform” rating to a “sector perform” rating and reduced their target price for the company from $12.00 to $7.00 in a report on Tuesday.
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11 number of analysts provided their estimates on Avon Products, Inc., where the Average Price Target for the stock is $5.48. While some analysts have maintained their ratings, the reality is that some appear to have only just trimmed their targets prices. Ascena Retail Group (NASDAQ:ASNA): The stock opened at $7.82 and touched an intraday high of $8.335 on Friday. Ascena Retail Group Inc has logged a 50-day average of $8.03 and two hundred day average of $8.34. Analysts expect the variance to be within $3.2 of the average price. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $17 and the lowest price target forecast is $8. For the fourth quarter of Fiscal 2016, the Firm reported non-GAAP adjusted earnings of $0.08 per diluted share which excludes the purchase accounting expenses and acquisition and integration costs associated with the acquisition of ANN, as well as the estimated impact of the 53rd week. (NASDAQ:SBGI) quarterly performance is -5.19% while its price to sale ratio is 1.12 and price to book ratio is 4.78. Ascena Retail Group had a positive return on equity of 6.15% and a negative net margin of 5.50%. Fiscal 2016 reflected a 53-week fiscal year for the Company, and as a result, the Company’s fourth quarter GAAP results for Fiscal 2016 reflect a 14-week period, while non-GAAP adjusted results reflect a 13-week period comparable to the prior year 13-week period. There is a difference between $0.22 and the actual EPS reported for the 12 months quarter, which is 178.13%.
Ascena Retail Group Inc has a one-year low of $6.33 and a one-year high of $14.76. Tower Research Capital LLC TRC raised its position in Ascena Retail Group by 1,026.9% in the second quarter. Wellington Management Group LLP now owns 5,790,076 shares of the company’s stock worth $64,038,000 after buying an additional 295,448 shares during the period. Year-to-Date the stock performance stands at -19.09%.
Earnings growth is an important factor to look at when investing in stocks and investors identify companies that have been successful at growing their earnings by at least 25% over the past 3 years. (NASDAQ:ASNA) started the last market session with a price of $8.05 and finished the session with the price of $7.97 showing surge of 1.88 Percent.
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Ascena Retail Group, Inc. The Company offers its products under the Ann Taylor, LOFT, Lane Bryant, maurices, dressbarn, Catherines and Justice brands. The company operates through five segments: Justice, Lane Bryant, maurices, dressbarn, and Catherines.
