Ann Taylor (NYSE: ANN) issued its quarterly earnings data on Friday. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.04. The company had revenue of $607.70 million for the quarter, compared to the consensus estimate of $617.82 million. During the same quarter in the previous year, the company posted $0.10 earnings per share. The company’s revenue for the quarter was up 7.2% on a year-over-year basis.
Several analysts have also recently commented on the stock. Analysts at Zacks downgraded shares of Ann Taylor from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, February 12th. They now have a $27.10 price target on the stock. On the ratings front, analysts at Avondale Partners downgraded shares of Ann Taylor from an “outperform” rating to a “market perform” rating in a research note to investors on Friday, February 8th. Finally, analysts at Janney Montgomery Scott reiterated a “fair value” rating on shares of Ann Taylor in a research note to investors on Tuesday, January 29th. They now have a $30.00 price target on the stock.
Shares of Ann Taylor (ANN) opened at 29.00 on Friday. Ann Taylor (ANN) has a 52 week low of $23.93 and a 52 week high of $39.78. The stock’s 50-day moving average is currently $29.67. The company has a market cap of $1.384 billion and a P/E ratio of 14.05.
ANN INC., through its wholly owned subsidiaries, is a specialty retailer of women’s apparel, shoes and accessories sold primarily under the Ann Taylor and LOFT brands.
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