Markets

Harvest Capital Strategies LLC Raised Its Ascena Retail Group INC (ASNA) Position

Harvest Capital Strategies LLC Raised Its Ascena Retail Group INC (ASNA) Position

Therefore 56% are positive.

Ascena Retail Grp Cmn (NASDAQ:ASNA) 52-week high price stands at $8.19 and low price stands at $1.65, its price distance from 52-week high is -69.84% while its distance from 52-week low price is 49.7%. Ascena Retail Group presently has an average rating of "Hold" and a consensus price target of $3.50. Finally, ValuEngine downgraded Ascena Retail Group from a buy rating to a hold rating in a report on Tuesday, November 7th.

"Our first quarter adjusted earnings per share of 11 cents was in the middle of our guidance range, but represented a disappointing quarter", said CEO David Jaffe. FBR Capital maintained Ascena Retail Group, Inc. FBR Capital has "Outperform" rating and $15 target. (NASDAQ:ASNA) on Tuesday, September 20 with "Market Perform" rating. The stock of KeyCorp (NYSE:KEY) earned "Buy" rating by Piper Jaffray on Thursday, July 20. The company was upgraded on Thursday, February 11 by Goldman Sachs.

Selective Insurance Group Incorporated (NASDAQ:SIGI) had a decrease of 20.91% in short interest. Its down 20.91% from 497,300 shares previously. The stock decreased 0.16% or $0.1 during the last trading session, reaching $60.9.

Analysts await Ascena Retail Group, Inc. (NASDAQ:SIGI) has risen 41.43% since December 5, 2016 and is uptrending.

Investors sentiment decreased to 0.94 in 2017 Q2. Its book value per share for the most recent quarter is $4.21 while its price to book ratio for the same period is 0.59, as for as the company's cash per share for the most recent quarter is $1.68, however its price to cash per share ratio for the same period is 1.47. After $0.05 actual earnings per share reported by Ascena Retail Group, Inc. for the previous quarter, Wall Street now forecasts 120.00% EPS growth. "Finally, we have made some changes in key leadership areas and are working to fill remaining open positions with the top talent to drive each of our brands forward".




The corporation reported net income of $7 million, or three cents per diluted share in the first quarter of fiscal 2018, compared to net income of $14 million in the year-ago period, seven cents per diluted share.

In terms of earnings per share, 6 analysts have a -0.03 EPS mean target for the quarter ending Jul-17, for the quarter ending Oct-18, 1 analyst has a 0.12 EPS mean target and for the quarter ending Oct-18 there are 6 estimates of 0.13 EPS. Goldman Sachs Gru Inc, a New York-based fund reported 2.78M shares. 46,160 were accumulated by Hartford Investment Mgmt. Reliance Trust Of Delaware reported 35,139 shares or 0.1% of all its holdings. Currently, 123.27 million total shares are owned by the public and among those 115.67 million shares have been available to trade. Harvest Cap Strategies Ltd Com invested in 12.06 million shares. Comerica Retail Bank reported 181,322 shares. Crossmark Global Holdings Inc. purchased a new stake in Ascena Retail Group in the third quarter valued at approximately $172,000. 13,136,977 shares of the company's stock were exchanged, compared to its average volume of 3,205,179. Nomura holds 0.1% or 19.09 million shares in its portfolio. Moreover, Ameritas Inv Prtn Inc has 0% invested in Ascena Retail Group, Inc. The original version of this article can be accessed at https://www.truebluetribune.com/2017/12/04/909172-shares-in-ascena-retail-group-inc-asna-acquired-by-okumus-fund-management-ltd.html.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. It has a market cap of $479.97 Million. A negative earnings surprise will usually result in a decline in share price. (NYSE:FL) traded up 5.66% in the last session while performance was up 45.76% in the last five days. About 15.61 million shares traded or 36.61% up from the average.

Ascena is struggling as it tries to turn itself around, an effort that includes shuttering more than 250 locations, or 25% of its fleet, by the end of 2019. (NASDAQ:ASNA) has declined 70.94% since December 5, 2016 and is downtrending.

Ascena Retail Group (NASDAQ:ASNA) last released its quarterly earnings results on Monday, September 25th. Sei holds 0% or 211 shares in its portfolio. ASNA's profit will be $21.22 million for 4.67 P/E if the $0.11 EPS becomes a reality.

More notable recent Ascena Retail Group, Inc. The current consensus recommendation provided by covering analysts is 3.30. Therefore 21% are positive. Ascena Retail Group had 28 analyst reports since September 24, 2015 according to SRatingsIntel. As per Monday, June 12, the company rating was maintained by RBC Capital Markets. Wood reinitiated Selective Insurance Group, Inc. The firm has "Market Perform" rating given on Tuesday, January 12 by Telsey Advisory Group. (NASDAQ:ISRG) has "Buy" rating given on Monday, October 16 by Wells Fargo. Keefe Bruyette & Woods maintained it with "Hold" rating and $55.0 target in Friday, October 27 report. The firm bought 909,172 shares of the specialty retailer's stock, valued at approximately $2,227,000. The company was maintained on Friday, July 31 by RBC Capital Markets. The rating was downgraded by RBC Capital Markets to "Sector Perform" on Tuesday, September 20.


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