Key Points
- Insider William Barker bought a total of 71,911 shares of ASOS across three transactions (Dec 30–Jan 2) at GBX 275–278, spending about £197,964.50.
- ASOS shares recently opened at GBX 292.50; the company has a market cap of £349.36 million and reported weak profitability with quarterly EPS of GBX (250.10), a net margin of -11.66% and ROE of -59.37%.
- Analysts have a consensus rating of "Moderate Buy" with an average price target of GBX 383.33, while individual targets range roughly from GBX 240 to GBX 400.
ASOS Plc (LON:ASC - Get Free Report) insider William Barker purchased 4,344 shares of the stock in a transaction dated Tuesday, December 30th. The shares were purchased at an average cost of GBX 276 per share, for a total transaction of £11,989.44.
William Barker also recently made the following trade(s):
- On Wednesday, December 31st, William Barker acquired 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.
- On Friday, January 2nd, William Barker acquired 5,527 shares of ASOS stock. The shares were purchased at an average price of GBX 278 per share, with a total value of £15,365.06.
ASOS Price Performance
Shares of ASC stock opened at GBX 292.50 on Tuesday. The company has a debt-to-equity ratio of 187.55, a current ratio of 1.61 and a quick ratio of 0.39. The company has a market capitalization of £349.36 million, a PE ratio of -1.17, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86. The firm's 50-day moving average is GBX 254.32 and its two-hundred day moving average is GBX 280.33. ASOS Plc has a 12 month low of GBX 215 and a 12 month high of GBX 445.40.
ASOS (LON:ASC - Get Free Report) last posted its quarterly earnings results 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%. Analysts predict that ASOS Plc will post 12.4165252 earnings per share for the current year.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. cut their target price on ASOS from GBX 270 to GBX 240 and set a "neutral" rating for the company in a research note on Monday, November 24th. Panmure Gordon reiterated a "hold" rating and set a GBX 350 price target on shares of ASOS in a report on Monday, November 24th. Peel Hunt restated an "add" rating and issued a GBX 335 price objective on shares of ASOS in a report on Thursday, November 13th. Shore Capital reaffirmed a "buy" rating and issued a GBX 400 target price on shares of ASOS in a research report on Thursday, December 4th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of ASOS from GBX 440 to GBX 375 and set a "buy" rating for the company in a research note on Friday, November 21st. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of GBX 383.33.
View Our Latest Report on ASC
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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
