Ascena Retail Group (ASNA) stock: is it overbought?

1:29 pm ET, 23 Sep 2018

Ascena Retail Group, Inc. (ASNA) shares are trading at $4.44. The company is announcing its quarterly earnings results on Monday, 9/24.  What's driving ASNA stock price, and what should investors know about the company?

Ascena Retail Group is a specialty retailer of apparel, shoes, and accessories for women. The stock has fallen in the last couple of years because of the weakness in the retail sector. Lately, the stock has performed well: it yielded a return of 90% in the past year.

Investors love the stock because of the improved outlook for the retail industry and the management’s efforts to reduce costs. On the other hand, some investors feel that online retailers will crush the margins of the company. The last quarter's revenue fell 4.5% to $1.5 billion.

Results for the next quarter will be released after market close on September 24, 2018.  For the upcoming report, analysts expect the company to earn $0.02 per share on revenue of $1.62 billion. The company has crushed analyst estimates in the previous four quarters.

What is the sentiment towards the ASNA stock? Our technical analysis shows that:

  • The stock short-term sentiment (next 30 days) is trending negative;
  • The mid-term sentiment (3-6 months) is trending positive;
  • The long-term sentiment (9-12 months) is trending positive. 

Over the last month, Ascena Retail Group, Inc. (ASNA) returned -12.88%.

Ascena Retail Group, Inc. (ASNA) short share of float is 25.11%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock.

Ascena Retail Group, Inc. (ASNA) average analyst price target ($3.67) is -9.61% below its current price ($4.06).

For the latest price and information on Ascena Retail Group, Inc., please visit Finstead and search for "ASNA price" or "ASNA news".

Ascena Retail Group, Inc. (ASNA) Stock Guide

Updated at: 6:25 pm ET, 16 Sep 2020

Before we start: if you're looking for ASNA stock price, you can quickly find it out by visiting Finny and typing "ASNA quote". If you're looking for a quick scoop on ASNA stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "ASNA". You'll get all this info in one place. Or you can just type "ASNA news" to get the latest stock news.

Looking to buy or sell Ascena Retail Group, Inc. (ASNA)? Interested in getting the full scoop on ASNA, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this ASNA stock guide, we'll address key questions about ASNA, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. ASNA buy or sell? What is ASNA Finny Score?
2. What are the reasons to buy ASNA? Why should I buy ASNA stock?
3. What are the reasons to sell ASNA? Why should I sell ASNA stock?
4. What are ASNA key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Analysis

1. ASNA buy or sell? What is ASNA Finny Score?

#{finnyScore:null}Our quantitative analysis shows 2 reasons to buy and 0 reasons to sell ASNA. ASNA doesn’t have an assigned Finny Score, because we don’t have sufficient data points to score the stock.

2. What are the reasons to buy ASNA? Why should I buy ASNA stock?

Here are the reasons to buy ASNA stock:

  • ASNA stock price ($0.29) is close to the 52-week low ($0.24). Perhaps now is a good time to buy? See ASNA price chart.
  • ASNA profitability is improving. The YoY profit margin change was 15.45 percentage points. See ASNA profitability chart.

3. What are the reasons to sell ASNA? Why should I sell ASNA stock?

We can’t think of any good reason to sell this stock, which doesn’t mean they don’t exist.

Key Stats

4. What are ASNA key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for ASNA:

Metrics ASNA
Price $0.60
Average Price Target / Upside N/A
Average Analyst Rating Hold
Forward Dividend Yield 0.00%
Industry Apparel Stores
Sector Consumer Cyclical
Number of Employees 63,000
Market Cap $00
Forward P/E Ratio N/A
Price/Book Ratio N/A
Revenue (TTM) N/A
YoY Quarterly Revenue Growth N/A
Profit Margin N/A

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