Ascena Retail Group, Inc. (ASNA), Calithera Biosciences, Inc. (CALA)

Gladys Abbott
June 19, 2017

(NASDAQ:ASNA) had its target price trimmed by Telsey Advisory Group from $6.00 to $3.00 in a report released on Thursday, May 18th, Marketbeat reports. Wall Street analysts covering the stock are projecting that the stock will reach $3.08 within the next 52-weeks. ValuEngine cut shares of Ascena Retail Group from a buy rating to a hold rating in a research report on Friday, June 2nd. Analysts reported that the Price Target for Ascena Retail Group Inc. might touch $5 high while the Average Price Target and Low price Target is $2.7 and $1.5 respectively. Guggenheim began coverage on shares of Ascena Retail Group in a research report on Thursday, March 9th. They issued a "neutral" rating for the company. Two analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. Ascena Retail Group now has an average rating of "Hold" and a consensus target price of $5.17.

Before looking at the financial values or the trading statistics of Ascena Retail Group Inc. (ASNA) traded with the volume of 5.08 Million shares while its average 3 months volume is at 4060 shares. (NASDAQ:ASNA) have been seen trading -56.34% away from the 200-day moving average and -28.00% off the 50-day moving average. The company's market cap is $437.53 million. The stock remained 12.68% unpredictable for the week and 9.73% for the month.

Ascena Retail Group (NASDAQ:ASNA) last posted its quarterly earnings results on Thursday, June 8th. The specialty retailer reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.02. The firm had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.54 billion.

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The stock of Ascena Retail Group Incorporated (NASDAQ:ASNA) registered an increase of 7.92% in short interest. The business's revenue for the quarter was down 5.1% on a year-over-year basis. During the same period a year ago, the business posted $0.15 earnings per share. On average, analysts forecast that Ascena Retail Group will post $0.12 earnings per share for the current year.

Cowen and Company reiterated their market perform rating on shares of Ascena Retail Group, Inc. If you are viewing this report on another domain, it was copied illegally and reposted in violation of United States & global trademark and copyright laws. Cowen and Company now has a $2.00 price objective on the specialty retailer's stock, down from their prior price objective of $6.00. Hedge funds and other institutional investors own 98.08% of the company's stock. FBR Capital maintained Ascena Retail Group Inc (NASDAQ:ASNA) rating on Wednesday, June 1. BlueCrest Capital Management Ltd now owns 36,405 shares of the specialty retailer's stock worth $155,000 after buying an additional 24,132 shares in the last quarter. Norges Bank acquired a new position in Ascena Retail Group during the fourth quarter worth about $32,459,000. Nomura Holdings Inc. now owns 19,090,378 shares of the specialty retailer's stock worth $81,377,000 after buying an additional 8,025,583 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in Ascena Retail Group by 11.4% in the third quarter. BlackRock Fund Advisors raised its position in Ascena Retail Group by 4.2% in the third quarter. Tudor Investment Corp ET AL now owns 106,800 shares of the specialty retailer's stock worth $455,000 after buying an additional 49,072 shares in the last quarter. Closely-held shares are those owned by insiders, major shareholders and employees, while restricted stock refers to insider shares that can not be traded because of a temporary restriction such as the lock-up period after an initial public offering.

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