ASOS (LON:ASC) Insider Acquires £15,365.06 in Stock

ASOS Plc (LON:ASC) insider William Barker purchased 5,527 shares of the business’s stock in a transaction on Friday, January 2nd. The shares were bought at an average price of GBX 278 per share, for a total transaction of £15,365.06.

William Barker also recently made the following trade(s):

• On Tuesday, December 30th, William Barker bought 4,344 shares of ASOS stock. The shares were bought at an average price of GBX 276 per share, for a total transaction of £11,989.44.
• On Wednesday, December 31st, William Barker bought 62,040 shares of ASOS stock. The stock was purchased at an average cost of GBX 275 per share, with a total value of £170,610.

ASOS Trading Down 0.9%

Shares of ASC stock opened at GBX 283.53 on Monday. The firm’s 50 day moving average price is GBX 253.53 and its two-hundred day moving average price is GBX 280.42. The stock has a market cap of £338.65 million, a price-to-earnings ratio of -1.13, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86. ASOS Plc has a fifty-two week low of GBX 215 and a fifty-two week high of GBX 445.40. The company has a quick ratio of 0.39, a current ratio of 1.61 and a debt-to-equity ratio of 187.55.

ASOS (LON:ASC) last issued its earnings results on Friday, November 21st. The company reported GBX (250.10) earnings per share for the quarter. ASOS had a negative return on equity of 59.37% and a negative net margin of 11.66%. On average, analysts anticipate that ASOS Plc will post 12.4165252 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on ASC shares. Panmure Gordon reiterated a “hold” rating and issued a GBX 350 target price on shares of ASOS in a research note on Monday, November 24th. Shore Capital reaffirmed a “buy” rating and issued a GBX 400 price objective on shares of ASOS in a research report on Thursday, December 4th. Peel Hunt reaffirmed an “add” rating and issued a GBX 335 target price on shares of ASOS in a research report on Thursday, November 13th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 600 price objective on shares of ASOS in a research report on Thursday, November 13th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on ASOS from GBX 440 to GBX 375 and set a “buy” rating for the company in a report on Friday, November 21st. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 383.33.

About ASOS

ASOS Plc operates as an online fashion retailer in the United Kingdom, the United States, Australia, France, Germany, Spain, Italy, Sweden, the Netherlands, Denmark, Poland, and internationally. It offers womenswear and menswear products. The company sells its products under the ASOS Design, ASOS Edition, ASOS Luxe, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge, HIIT, AsYou, Dark Future, UNRVLLD/SPPLY, Crooked Tongues, Daysocial, Actual, and Weekend Collective brands, as well as through third-party brands.