Key Points
- ASOS insider buying: William Barker bought 15,779 ASOS shares on May 28 at GBX 258 each, totaling about £40,710. This follows two earlier purchases in May and April, including a much larger buy of 1.63 million shares.
- Stock moved higher: ASOS shares were up 3.0% and opened at GBX 273. The stock is trading above its 50-day average but below its 200-day average.
- Analyst sentiment remains positive: Recent research reports include several Buy ratings, and MarketBeat shows a consensus rating of Moderate Buy with an average target price of GBX 364.33.
ASOS Plc (LON:ASC - Get Free Report) insider William Barker acquired 15,779 shares of the business's stock in a transaction that occurred on Thursday, May 28th. The stock was bought at an average cost of GBX 258 per share, for a total transaction of £40,709.82.
William Barker also recently made the following trade(s):
- On Tuesday, May 26th, William Barker bought 89,691 shares of ASOS stock. The stock was acquired at an average price of GBX 229 per share, with a total value of £205,392.39.
- On Thursday, April 23rd, William Barker bought 1,627,693 shares of ASOS stock. The stock was acquired at an average price of GBX 235 per share, with a total value of £3,825,078.55.
ASOS Trading Up 3.0%
Shares of ASC stock opened at GBX 273 on Friday. The company has a market cap of £326.64 million, a P/E ratio of -1.41, a PEG ratio of -1.26 and a beta of 2.22. The stock has a 50 day simple moving average of GBX 230.58 and a two-hundred day simple moving average of GBX 258.35. The company has a debt-to-equity ratio of 855.63, a quick ratio of 0.39 and a current ratio of 0.95. ASOS Plc has a fifty-two week low of GBX 206.50 and a fifty-two week high of GBX 375.30.
ASOS (LON:ASC - Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The company reported GBX (109.90) EPS for the quarter. The firm had revenue of GBX 111.60 billion for the quarter. ASOS had a negative net margin of 10.10% and a negative return on equity of 155.17%. Research analysts forecast that ASOS Plc will post 12.4165252 earnings per share for the current year.
Wall Street Analyst Weigh In
ASC has been the topic of a number of recent analyst reports. Berenberg Bank reissued a "buy" rating and set a GBX 600 price target on shares of ASOS in a research report on Monday, May 11th. Shore Capital Group reaffirmed a "buy" rating on shares of ASOS in a research report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft upped their price target on ASOS from GBX 375 to GBX 400 and gave the company a "buy" rating in a research report on Tuesday, May 12th. Finally, JPMorgan Chase & Co. raised their target price on ASOS from GBX 240 to GBX 285 and gave the stock a "neutral" rating in a research note on Tuesday, May 12th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, ASOS presently has a consensus rating of "Moderate Buy" and an average target price of GBX 364.33.
View Our Latest Analysis on ASC
About ASOS
(
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.
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