Key Points
- Insider sale: Director Aaron Izzard sold 604 ASOS shares on November 24 at an average price of GBX 219, generating £1,322.76.
- Financial snapshot: ASOS reported quarterly EPS of GBX (250.10) with a negative net margin (-11.66%) and ROE (-59.37%), a market cap of £273.53m, and the stock (opened GBX 229.50) trading below its 50- and 200-day moving averages.
- Analyst view: Coverage is mixed but the consensus is a Moderate Buy with an average target of GBX 383.33 (four Buys, two Holds) amid several recent price-target cuts.
ASOS Plc (LON:ASC - Get Free Report) insider Aaron Izzard sold 604 shares of the firm's stock in a transaction dated Monday, November 24th. The shares were sold at an average price of GBX 219, for a total value of £1,322.76.
ASOS Price Performance
ASC opened at GBX 229.50 on Wednesday. The company has a current ratio of 1.61, a quick ratio of 0.39 and a debt-to-equity ratio of 187.55. The stock has a market capitalization of £273.53 million, a P/E ratio of -0.93, a PEG ratio of -1.26 and a beta of 2.86. The stock has a 50-day moving average price of GBX 255.22 and a 200-day moving average price of GBX 290.68. ASOS Plc has a 12-month low of GBX 215 and a 12-month high of GBX 454.20.
ASOS (LON:ASC - Get Free Report) last announced its quarterly earnings data on Friday, November 21st. The company reported GBX (250.10) earnings per share for the quarter. ASOS had a negative net margin of 11.66% and a negative return on equity of 59.37%. Equities analysts predict that ASOS Plc will post 12.4165252 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on the stock. Panmure Gordon restated a "hold" rating and issued a GBX 350 price objective on shares of ASOS in a report on Monday. JPMorgan Chase & Co. decreased their target price on shares of ASOS from GBX 270 to GBX 240 and set a "neutral" rating on the stock in a research report on Monday. Shore Capital restated a "buy" rating and set a GBX 400 price target on shares of ASOS in a research report on Wednesday, October 1st. Deutsche Bank Aktiengesellschaft reduced their price objective on ASOS from GBX 440 to GBX 375 and set a "buy" rating on the stock in a research note on Friday, November 21st. Finally, Berenberg Bank reiterated a "buy" rating and issued a GBX 600 price objective on shares of ASOS in a report on Thursday, November 13th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of GBX 383.33.
View Our Latest Analysis on ASOS
ASOS Company Profile
(
Get Free Report)
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.
Further Reading
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