Ascena Retail Group (ASNA) Receives Daily Media Impact Rating of 0.08

News headlines about Ascena Retail Group (NASDAQ:ASNA) have trended somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Ascena Retail Group earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news articles about the specialty retailer an impact score of 46.3158137798641 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the news articles that may have impacted Accern’s scoring:

Ascena Retail Group (NASDAQ:ASNA) traded down 7.92% during mid-day trading on Thursday, reaching $1.86. 5,482,423 shares of the company’s stock traded hands. The company’s market cap is $357.10 million. The stock has a 50 day moving average of $2.14 and a 200 day moving average of $2.56. Ascena Retail Group has a 12-month low of $1.65 and a 12-month high of $8.19.

Ascena Retail Group (NASDAQ:ASNA) last released its earnings results on Monday, September 25th. The specialty retailer reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.08. Ascena Retail Group had a negative net margin of 16.05% and a positive return on equity of 3.13%. The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter in the previous year, the firm earned $0.08 earnings per share. The company’s quarterly revenue was down 8.5% compared to the same quarter last year. On average, equities research analysts predict that Ascena Retail Group will post $0.17 earnings per share for the current fiscal year.

Several equities research analysts have recently commented on ASNA shares. Zacks Investment Research raised shares of Ascena Retail Group from a “sell” rating to a “hold” rating in a research report on Monday, September 18th. FBR & Co set a $3.00 price objective on shares of Ascena Retail Group and gave the stock a “hold” rating in a research report on Tuesday, August 15th. BidaskClub raised shares of Ascena Retail Group from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. Royal Bank Of Canada set a $3.00 price objective on shares of Ascena Retail Group and gave the stock a “hold” rating in a research report on Saturday, October 7th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Ascena Retail Group in a research report on Wednesday. Three investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company. Ascena Retail Group has a consensus rating of “Hold” and a consensus price target of $3.50.

ILLEGAL ACTIVITY NOTICE: “Ascena Retail Group (ASNA) Receives Daily Media Impact Rating of 0.08” was first reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this piece on another site, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this piece can be viewed at https://sportsperspectives.com/2017/10/12/ascena-retail-group-asna-receives-daily-media-impact-rating-of-0-08.html.

Ascena Retail Group Company Profile

Ascena Retail Group, Inc is a specialty retailer of apparel for women and tween girls. The Company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands.

Insider Buying and Selling by Quarter for Ascena Retail Group (NASDAQ:ASNA)

Receive News & Ratings for Ascena Retail Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ascena Retail Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply