Analyst Coverage That Needs Your Attention: Extreme Networks, Inc. (NASDAQ:EXTR), Ascena Retail Group, Inc. (NASDAQ:ASNA)

Extreme Networks, Inc. (NASDAQ:EXTR) showed a growth of 0.38% from the market’s prior closing price. That gain sent the price at $5.35 per share as of January 13,2017 when the total trading capacity was higher compared with their three months average volume of 736.59TH shares. The consensus analyst PT for this stock has now been moved to $5.45.

Extreme Networks, Inc. (EXTR) Price Indications

The firm keeps price-to-earnings ratio at – in 12 months. In last trade, the intraday high was $5.45, putting the share price -2.55% below its 52-week high and trades 130.60% higher from the lowest price they have traded at during the previous year. It turned higher 12.93% from its 50-day simple moving average. The current price is up 33.36% from the average market prices over a 200-day period.

Extreme Networks, Inc. (NASDAQ:EXTR) Thorough Brokerage Views

There are numerous brokerage names which are spending time researching on this stock. Of them, 0 have a Sell, 1 suggested Buy, 3 said Outperform and 2 called Hold rating for the stock, based on Thomson Reuters I/B/E/S. 0 recommends the stock is “underperforming”. The company has a Consensus Recommendation of 2.17, according to Thomson Reuters data.

On January 13,2017, Ascena Retail Group, Inc. (NASDAQ:ASNA) closed session down at $5.42 with -0.18%. The institutional holdings in the company makes up 99.20% while the Beta factor is 1.93. The stock’s RSI (Relative Strength Index) reached 31.87.

Ascena Retail Group, Inc. (ASNA) Price Potential

In recent trade, the price was -24.88% down its 200 day moving average and was brought -14.85% down versus its 50-day simple moving average. The stock exchanged hands at a volume of 2.01M shares whereas, the average volume was 4.76M shares. In the past 12 months, the share price floated in the $4.68 -$11.26 range. The market capitalization arrived at market cap 1.06 billion. After the day trading kicked off at $5.48, the stock was seen approaching $5.41 as its bottom price and $5.63 as its intraday high price. In previous session, the price was settled at $5.43.

Ascena Retail Group, Inc. (NASDAQ:ASNA) Analyst Point of Interest

There were more than a few analysts who recently mentioned the stock in their research. Currently the stock is holding a ‘Buy’ rating from 0 equity analysts. 0 Wall Street brokerages assign ‘Sell’ rating for the firm. 9 analysts are of a belief the stock is a ‘Hold’. ‘Underperform’ verdict was provided by 0 analysts and ‘Overweight’ verdict was shared by 2 analysts. The company has a Mean Recommendation of 2.82 based on a scale of 1-5 provided by Thomson Reuters.

Brokerage Ratings Worth Looking At: Exact Sciences Corporation (NASDAQ:EXAS), Ascena Retail Group, Inc. (NASDAQ:ASNA)

Exact Sciences Corporation (NASDAQ:EXAS) showed a growth of 6.20% from the market’s prior closing price. That gain sent the price at $18.66 per share as of January 11,2017 when the total trading capacity was higher compared with their three months average volume of 2.58M shares. The consensus analyst PT for this stock has now been moved to $20.00.

Exact Sciences Corporation (EXAS) Price Indications

The firm keeps price-to-earnings ratio at – in 12 months. In last trade, the intraday high was $18.77, putting the share price -18.16% below its 52-week high and trades 299.57% higher from the lowest price they have traded at during the previous year. It turned higher 24.19% from its 50-day simple moving average. The current price is up 36.17% from the average market prices over a 200-day period.

Exact Sciences Corporation (NASDAQ:EXAS) Thorough Brokerage Views

There are numerous brokerage names which are spending time researching on this stock. Of them, 0 have a Sell, 5 suggested Buy, 1 said Outperform and 6 called Hold rating for the stock, based on Thomson Reuters I/B/E/S. 0 recommends the stock is “underperforming”. The company has a Consensus Recommendation of 2.08, according to Thomson Reuters data.

On January 11,2017, Ascena Retail Group, Inc. (NASDAQ:ASNA) closed session up at $5.59 with 3.33%. The institutional holdings in the company makes up 99.20% while the Beta factor is 1.94. The stock’s RSI (Relative Strength Index) reached 35.23.

Ascena Retail Group, Inc. (ASNA) Price Potential

In recent trade, the price was -23.08% down its 200 day moving average and was brought -11.83% down versus its 50-day simple moving average. The stock exchanged hands at a volume of 5.3M shares whereas, the average volume was 4.72M shares. In the past 12 months, the share price floated in the $4.68 -$11.26 range. The market capitalization arrived at market cap 1.10 billion. After the day trading kicked off at $5.29, the stock was seen approaching $5.10 as its bottom price and $5.62 as its intraday high price. In previous session, the price was settled at $5.41.

Ascena Retail Group, Inc. (NASDAQ:ASNA) Analyst Point of Interest

There were more than a few analysts who recently mentioned the stock in their research. Currently the stock is holding a ‘Buy’ rating from 0 equity analysts. 0 Wall Street brokerages assign ‘Sell’ rating for the firm. 9 analysts are of a belief the stock is a ‘Hold’. ‘Underperform’ verdict was provided by 0 analysts and ‘Overweight’ verdict was shared by 2 analysts. The company has a Mean Recommendation of 2.82 based on a scale of 1-5 provided by Thomson Reuters.

Ascena Retail predicts downbeat earnings due to excessive promotions

The apparel retailer, Ascena Retail Group Inc. (NASDAQ:ASNA) has announced warnings for investors that that company’s fiscal second-quarter losses would be way larger than anticipated, as unsatisfactory holiday traffic steered to do more promotional activity.

Ascena Retail Group Inc. (NASDAQ:ASNA), which store brands include Ann Taylor and Loft, now is predicting an adjusted per-share drop of 11 cents to 8 cents, in contrast with the FactSet prediction for a loss of 3 cents.

The company now anticipates fiscal 2017 adjusted earnings per share of 37 cents to 42 cents, less than the FactSet consent of 58 cents.

Meanwhile company’s same-store sales for the holiday period–Nov. 19 through Jan. 2 have dropped 3.1%, with Ann Taylor sales plunging 8.2%, Loft sales dropped 1.8% and Lane Bryant sales slumped 5.1%.

“Outside of discrete peaks during the holiday season, we experienced stronger than expected store traffic headwinds,” said Chief Executive David Jaffe. “As a result, we were forced into a more highly promotional stance in order to move through inventory in the face of softer overall consumer demand.”

Furthermore Ascena Retail Group, (NASDAQ:ASNA) stock, which was still inactive in premarket trade, has plummeted 43% over the past 12 months, while the SPDR S&P Retail ETF has added 6.9% and the S&P 500 has gathered 18%.

A Look At Analyst Coverage On Two Stocks: Ascena Retail Group, Inc. (NASDAQ:ASNA), Array BioPharma Inc. (NASDAQ:ARRY)

Ascena Retail Group, Inc. (NASDAQ:ASNA) Detailed Analyst Recommendation

There are a handful of analysts covering the stock. Of them, 0 have a “buy”, 0 suggested “sell”, 9 said “hold” and 0 called “underperform” rating for the stock, according to Thomson Reuters data. 2 recommends the stock is “outperforming”. The company has an Average Rating of 2.82 based on analysts tracked by Thomson Reuters.

Ascena Retail Group, Inc. (NASDAQ:ASNA) made a -6.65% move from the market’s previous close, putting the price on the $6.04 per share as of 01/05/2017. The total volume of shares traded was below their three months average volume of 4,680,000 shares. The firm maintains a P/E ratio of 56.98 in 12 months. Ascena Retail Group, Inc. consensus analyst price target has now moved to $7.70. On a given day, the intraday low was $5.88. That means the share price went down -46.36% from its 52-week low and trades up 29.06% versus the highest price the stock has traded at during the previous year. It shifted down -17.90% versus its 200 day moving average. The current price dropped -3.70% from the average market prices over a 50-day period.

Array BioPharma Inc. recently traded 15.36% above its 50-day simple moving average and went up 84.22% from its 200-day simple moving average. The institutional ownership stake in the corporation is 92.40% while the Beta value stands at 2.20. Its RSI (Relative Strength Index) reached 60.30.

On 01/05/2017, Array BioPharma Inc. (NASDAQ:ARRY) ended trading lower at $8.82 with -3.82%. The firm exchanged hands at a volume of 3,814,757 whereas, the average volume was 3.80M shares. In the past 52 weeks, the share price moved between $2.38 and $9.25. The market cap landed at $1.47B. After the day began at $9.13, the stock was seen hitting $9.18 as its intraday high price and $8.70 as its bottom price. The prior close was recorded at $9.17.

Array BioPharma Inc. (NASDAQ:ARRY) Analyst Research Coverage

A number of Wall Street analysts recently commented on the stock. Currently the company has earned ‘Buy’ from 4 equity analysts. 0 analysts assign ‘Sell’ rating for the stock. 0 analysts have suggested the company is a ‘Hold’. ‘Underperform’ verdict was shared by 0 analysts and ‘Overweight’ recommendation was issued by 5 analysts. The company has an Average Rating of 1.56 based on Thomson Reuters I/B/E/S scale of 1-5.

Analyst Reports On Watch List: Ascena Retail Group, Inc. (NASDAQ:ASNA), Highwoods Properties, Inc. (NYSE:HIW)

Ascena Retail Group, Inc. (NASDAQ:ASNA) Detailed Analyst Recommendation

There are a handful of analysts covering the stock. Of them, 0 have a “buy”, 0 suggested “sell”, 9 said “hold” and 0 called “underperform” rating for the stock, according to Thomson Reuters data. 2 recommends the stock is “outperforming”. The company has an Average Rating of 2.82 based on analysts tracked by Thomson Reuters.

Ascena Retail Group, Inc. (NASDAQ:ASNA) made a -0.96% move from the market’s previous close, putting the price on the $6.22 per share as of 12/29/2016. The total volume of shares traded was below their three months average volume of 4,680,000 shares. The firm maintains a P/E ratio of 58.68 in 12 months. Ascena Retail Group, Inc. consensus analyst price target has now moved to $7.70. On a given day, the intraday low was $6.12. That means the share price went down -44.76% from its 52-week low and trades up 32.91% versus the highest price the stock has traded at during the previous year. It shifted down -16.42% versus its 200 day moving average. The current price escalated 0.98% from the average market prices over a 50-day period.

Highwoods Properties, Inc. recently traded 5.19% above its 50-day simple moving average and went up 3.76% from its 200-day simple moving average. The debt-to-equity ratio (D/E) remains 0.90. The institutional ownership stake in the corporation is – while the Beta value stands at 0.90. Its RSI (Relative Strength Index) reached 63.81.

On 12/29/2016, Highwoods Properties, Inc. (NYSE:HIW) ended trading higher at $50.33 with 2.07%. The firm exchanged hands at a volume of 968,958 whereas, the average volume was 687.57K shares. In the past 52 weeks, the share price moved between $36.15 and $54.42. The market cap landed at $5.06B. After the day began at $49.47, the stock was seen hitting $50.50 as its intraday high price and $49.20 as its bottom price. The prior close was recorded at $49.31.

Highwoods Properties, Inc. (NYSE:HIW) Analyst Research Coverage

A number of Wall Street analysts recently commented on the stock. Currently the company has earned ‘Buy’ from 4 equity analysts. 0 analysts assign ‘Sell’ rating for the stock. 7 analysts have suggested the company is a ‘Hold’. ‘Underperform’ verdict was shared by 0 analysts and ‘Overweight’ recommendation was issued by 0 analysts. The company has an Average Rating of 2.27 based on Thomson Reuters I/B/E/S scale of 1-5.

Analyst Reports On Watch List: Cobalt International Energy, Inc. (NYSE:CIE), Ascena Retail Group, Inc. (NASDAQ:ASNA)

Cobalt International Energy, Inc. (NYSE:CIE) Detailed Analyst Recommendation

There are a handful of analysts covering the stock. Of them, 3 have a “buy”, 0 suggested “sell”, 5 said “hold” and 0 called “underperform” rating for the stock, according to Thomson Reuters data. 1 recommends the stock is “outperforming”. The company has an Average Rating of 2.22 based on analysts tracked by Thomson Reuters.

Cobalt International Energy, Inc. (NYSE:CIE) made a 6.19% move from the market’s previous close, putting the price on the $1.20 per share as of 12/20/2016. The total volume of shares traded was above their three months average volume of 5,140,000 shares. The firm maintains a P/E ratio of – in 12 months. Cobalt International Energy, Inc. consensus analyst price target has now moved to $2.67. On a given day, the intraday low was $1.14. That means the share price went down -79.49% from its 52-week low and trades up 55.84% versus the highest price the stock has traded at during the previous year. It shifted down -33.15% versus its 200 day moving average. The current price escalated 5.10% from the average market prices over a 50-day period.

Ascena Retail Group, Inc. recently traded 18.42% above its 50-day simple moving average and went down -5.76% from its 200-day simple moving average. The debt-to-equity ratio (D/E) remains 0.85. The institutional ownership stake in the corporation is 99.10% while the Beta value stands at 2.09. Its RSI (Relative Strength Index) reached 56.31.

On 12/20/2016, Ascena Retail Group, Inc. (NASDAQ:ASNA) ended trading higher at $7.12 with 0.14%. The firm exchanged hands at a volume of 5,879,137 whereas, the average volume was 5.25M shares. In the past 52 weeks, the share price moved between $4.68 and $11.26. The market cap landed at $1.43B. After the day began at $7.17, the stock was seen hitting $7.35 as its intraday high price and $7.01 as its bottom price. The prior close was recorded at $7.11.

Ascena Retail Group, Inc. (NASDAQ:ASNA) Analyst Research Coverage

A number of Wall Street analysts recently commented on the stock. Currently the company has earned ‘Buy’ from 0 equity analysts. 0 analysts assign ‘Sell’ rating for the stock. 9 analysts have suggested the company is a ‘Hold’. ‘Underperform’ verdict was shared by 0 analysts and ‘Overweight’ recommendation was issued by 2 analysts. The company has an Average Rating of 2.82 based on Thomson Reuters I/B/E/S scale of 1-5.

Latest Ascena Retail Group, Inc. (NASDAQ:ASNA) Target Price Suggests Stock Is Worth $7.91/Share

Ascena Retail Group, Inc. (NASDAQ:ASNA), with -9.86% losses in previous 5 sessions, is under coverage of 0 analysts who collectively assign a hold rating on stock. 0 of the brokerages firms have a buy or better rating; the 0 sells versus 0 underperforms. The 11 stock analysts who cover the stock have an average PT at $7.91, with individual targets in the range of $5 to $12. The shares ended last trade at $7.31, implying that Wall Street analysts see shares climbing about 8.21 per cent in 12 months’ time.

Insider Trading News: Insiders at the company look pessimistic about the outlook as they seem to offload shares while they have -25.79 retreated so far this year. A Chairman at Ascena Retail Group, Inc. (ASNA) sold shares in a trading activity completed on Monday December 12, 2016. Jaffe Elliot S offloaded 9,150 shares in the company at a per-share price of $7.61 and ended up generating $69,630 in proceeds. Jaffe Elliot S retains 1,947,055 shares in the stock after this transaction. A Chairman in the company, Jaffe Elliot S, on Tuesday September 27, 2016 collected $6,740 from the sale of 1,190 shares at a per-share price of $7.61. Insiders are expected to have better knowledge about the health and prospects of their company, which is why insiders’ move deserves attention.

Ascena Retail Group, Inc. (NASDAQ:ASNA) Earnings on Tap

Investors interested in trading ASNA stock at the current market price of $7.31/share should know the company will next release quarterly results for the January 2016 quarter. For the reporting quarter, equity analysts expect the stock to deliver -$0.02 in earnings per share (EPS). That would represent a -300 per cent year-over-year decrease. Revenue for the same quarter is predicted to arrive at $1.76B.

Historical Quarterly Earnings: Last quarter, Ascena Retail Group, Inc. generated nearly $1.68B in sales and net income of $0.18/share. That compares with the mean forecast $1.72B and $0.2/share, respectively. For the prior quarter revenue for the stock hit $1.81B, with EPS at $0.08.

Ascena Retail Group, Inc. (ASNA) Analyst Rating News

Goldman is following shares of Ascena Retail Group, Inc. (ASNA), so its rating change is noteworthy. The company stock was initiated at Neutral, wrote analysts at Goldman, in a research note issued to clients on Thursday December 15, 2016. There was another key research note provided by FBR & Co. on Tuesday September 20, 2016. The firm lowered its rating on ASNA from Outperform to Mkt Perform.

Price Potential: Even though the stock has posted -3.18% fall in value, its new closing price reflects a -35.08% fall in value from company’s one year high of $11.26. The stock is currently holding above its 50-day SMA of $6.28 and below its 200-day SMA of $6.89. Over the last 3 months and over the last 6 months, the shares of Ascena Retail Group, Inc. (ASNA), have changed -8.28% and 0.41%, respectively.

December 10, 2016 — The Board of Directors of Ascena Retail Group, Inc. (NASDAQ:ASNA) announced at the Company’s 2016 Annual Meeting of Stockholders held on Thursday, December 8, 2016, the appointment of David Jaffe as Chairman of the Board. Mr. Jaffe also serves as the Company’s President and Chief Executive Officer. The Board also announced the honorary title of Chairman Emeritus to Elliot Jaffe (“EJ”) in recognition of his many years of service to the Company.

David Jaffe succeeds Company Co-Founder Elliot S. Jaffe who retired as Non-Executive Chairman of the Board of Directors at the end of the 2016 Annual Meeting of Stockholders. Elliot Jaffe co-founded dressbarn in 1962 and served as CEO until 2002. He was ascena’s Chairman of the Board until January 2011, when he transitioned to Non-Executive Chairman.

Ascena Retail Group, Inc. (NASDAQ:ASNA): Updated Analyst Ratings

Ascena Retail Group, Inc. (NASDAQ:ASNA), with 4.07% gains in previous 5 sessions, is under coverage of 11 analysts who collectively assign a hold rating on stock. 3 of the brokerages firms have a buy or better rating; the 0 sells versus 0 underperforms. The 10 stock analysts who cover the stock have an average PT at $8, with individual targets in the range of $5 to $12. The shares ended last trade at $7.67, implying that Wall Street analysts see shares climbing about 4.3 per cent in 12 months’ time.

Insider Trading News: Insiders at the company look pessimistic about the outlook as they seem to offload shares while they have -22.13 retreated so far this year. A Chairman at Ascena Retail Group, Inc. (ASNA) sold shares in a trading activity completed on Monday December 12, 2016. Jaffe Elliot S offloaded 9,150 shares in the company at a per-share price of $7.61 and ended up generating $69,630 in proceeds. Jaffe Elliot S retains 1,947,055 shares in the stock after this transaction. A Chairman in the company, Jaffe Elliot S, on Tuesday September 27, 2016 collected $6,740 from the sale of 1,190 shares at a per-share price of $7.61. Insiders are expected to have better knowledge about the health and prospects of their company, which is why insiders’ move deserves attention.

Ascena Retail Group, Inc. (NASDAQ:ASNA) Earnings on Tap

Investors interested in trading ASNA stock at the current market price of $7.67/share should know the company will next release quarterly results for the January 2016 quarter. For the reporting quarter, equity analysts expect the stock to deliver -$0.02 in earnings per share (EPS). That would represent a -300 per cent year-over-year decrease. Revenue for the same quarter is predicted to arrive at $1.76B.

Historical Quarterly Earnings: Last quarter, Ascena Retail Group, Inc. generated nearly $1.68B in sales and net income of $0.18/share. That compares with the mean forecast $1.72B and $0.2/share, respectively. For the prior quarter revenue for the stock hit $1.81B, with EPS at $0.08.

Ascena Retail Group, Inc. (ASNA) Analyst Rating News

FBR & Co. is following shares of Ascena Retail Group, Inc. (ASNA), so its rating change is noteworthy. The company stock was downgraded to Mkt Perform from Outperform, wrote analysts at FBR & Co., in a research note issued to clients on Tuesday September 20, 2016. There was another key research note provided by RBC Capital Mkts on Tuesday September 20, 2016. The firm lowered its rating on ASNA from Outperform to Sector Perform.

Price Potential: Even though the stock has posted 0.39% rise in value, its new closing price reflects a -31.88% fall in value from company’s one year high of $11.26. The stock is currently holding above its 50-day SMA of $6.14 and above its 200-day SMA of $6.88. Over the last 3 months and over the last 6 months, the shares of Ascena Retail Group, Inc. (ASNA), have changed 0.13% and 4.35%, respectively.

Looking At Recent Specialist Ratings: Ascena Retail Group, Inc. (NASDAQ:ASNA), Ares Capital Corporation (NASDAQ:ARCC)

Ascena Retail Group, Inc. (NASDAQ:ASNA) Detailed Analyst Recommendation

There are a handful of analysts covering the stock. Of them, 0 have a “buy”, 0 suggested “sell”, 8 said “hold” and 0 called “underperform” rating for the stock, according to Thomson Reuters data. 3 recommends the stock is “outperforming”. The company has an Average Rating of 2.73 based on analysts tracked by Thomson Reuters.

Ascena Retail Group, Inc. (NASDAQ:ASNA) made a -4.98% move from the market’s previous close, putting the price on the $7.64 per share as of 12/12/2016. The total volume of shares traded was below their three months average volume of 5,130,000 shares. The firm maintains a P/E ratio of 72.08 in 12 months. Ascena Retail Group, Inc. consensus analyst price target has now moved to $8.00. On a given day, the intraday low was $7.60. That means the share price went down -32.15% from its 52-week low and trades up 63.25% versus the highest price the stock has traded at during the previous year. It shifted up 0.40% versus its 200 day moving average. The current price escalated 31.56% from the average market prices over a 50-day period.

Ares Capital Corporation recently traded 8.05% above its 50-day simple moving average and went up 14.58% from its 200-day simple moving average. The debt-to-equity ratio (D/E) remains 0.71. The institutional ownership stake in the corporation is 53.10% while the Beta value stands at 0.69. Its RSI (Relative Strength Index) reached 76.85.

On 12/12/2016, Ares Capital Corporation (NASDAQ:ARCC) ended trading higher at $16.86 with 0.42%. The firm exchanged hands at a volume of 4,766,033 whereas, the average volume was 2.15M shares. In the past 52 weeks, the share price moved between $11.38 and $16.85. The market cap landed at $5.29B. After the day began at $16.79, the stock was seen hitting $16.91 as its intraday high price and $16.67 as its bottom price. The prior close was recorded at $16.79.

Ares Capital Corporation (NASDAQ:ARCC) Analyst Research Coverage

A number of Wall Street analysts recently commented on the stock. Currently the company has earned ‘Buy’ from 4 equity analysts. 0 analysts assign ‘Sell’ rating for the stock. 4 analysts have suggested the company is a ‘Hold’. ‘Underperform’ verdict was shared by 0 analysts and ‘Overweight’ recommendation was issued by 7 analysts. The company has an Average Rating of 2.00 based on Thomson Reuters I/B/E/S scale of 1-5.

Which way Ascena Retail Group, Inc. (NASDAQ:ASNA) insiders are heading

Ascena Retail Group, Inc. (NASDAQ:ASNA), with 12.19% gains in previous 5 sessions, is under coverage of 11 analysts who collectively assign a hold rating on stock. 3 of the brokerages firms have a buy or better rating; the 0 sells versus 0 underperforms. The 10 stock analysts who cover the stock have an average PT at $8, with individual targets in the range of $5 to $12. The shares ended last trade at $7.18, implying that Wall Street analysts see shares climbing about 11.42 per cent in 12 months’ time.

Insider Trading News: Insiders at the company look mixed about the outlook as they seem to trade shares both ways while they have -27.11 retreated so far this year. A Chairman at Ascena Retail Group, Inc. (ASNA) sold shares in a trading activity completed on Tuesday September 27, 2016. Jaffe Elliot S offloaded 1,190 shares in the company at a per-share price of $5.66 and ended up generating $6,740 in proceeds. Jaffe Elliot S retains 1,931,602 shares in the stock after this transaction. A EVP, CFO in the company, Giammatteo Robert, on Thursday June 02, 2016 spent $35,900 from the purchase of 5,000 shares at a per-share price of $5.66. Insiders are expected to have better knowledge about the health and prospects of their company, which is why insiders’ move deserves attention.

Ascena Retail Group, Inc. (NASDAQ:ASNA) Earnings on Tap

Investors interested in trading ASNA stock at the current market price of $7.18/share should know the company will next release quarterly results for the January 2016 quarter. For the reporting quarter, equity analysts expect the stock to deliver -$0.02 in earnings per share (EPS). That would represent a -300 per cent year-over-year decrease. Revenue for the same quarter is predicted to arrive at $1.77B.

Historical Quarterly Earnings: Last quarter, Ascena Retail Group, Inc. generated nearly $1.81B in sales and net income of $0.08/share. That compares with the mean forecast $1.77B and $0.16/share, respectively. For the prior quarter revenue for the stock hit $1.67B, with EPS at $0.08.

Ascena Retail Group, Inc. (ASNA) Analyst Rating News

FBR & Co. is following shares of Ascena Retail Group, Inc. (ASNA), so its rating change is noteworthy. The company stock was downgraded to Mkt Perform from Outperform, wrote analysts at FBR & Co., in a research note issued to clients on Tuesday September 20, 2016. There was another key research note provided by RBC Capital Mkts on Tuesday September 20, 2016. The firm lowered its rating on ASNA from Outperform to Sector Perform.

Price Potential: Even though the stock has posted 2.43% rise in value, its new closing price reflects a -39.97% fall in value from company’s one year high of $11.26. The stock is currently holding above its 50-day SMA of $5.6 and below its 200-day SMA of $6.86. Over the last 3 months and over the last 6 months, the shares of Ascena Retail Group, Inc. (ASNA), have changed -5.9% and -2.97%, respectively.