William Barker Buys 4,344 Shares of ASOS (LON:ASC) Stock

ASOS Plc (LON:ASC) insider William Barker purchased 4,344 shares of the stock in a transaction that occurred on 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 price of GBX 275 per share, with a total value of £170,610.
• On Friday, January 2nd, William Barker bought 5,527 shares of ASOS stock. The shares were purchased at an average cost of GBX 278 per share, for a total transaction of £15,365.06.

ASOS Stock Performance

LON ASC opened at GBX 292 on Wednesday. The stock has a market capitalization of £348.77 million, a price-to-earnings ratio of -1.17, a PEG ratio of -1.26 and a beta of 2.86. ASOS Plc has a twelve month low of GBX 215 and a twelve month high of GBX 445.40. 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 50-day moving average of GBX 254.87 and a 200 day moving average of GBX 280.21.

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

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. JPMorgan Chase & Co. dropped 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, November 24th. Panmure Gordon reaffirmed a “hold” rating and issued a GBX 350 price target on shares of ASOS in a research note on Monday, November 24th. Peel Hunt reiterated an “add” rating and issued a GBX 335 price objective on shares of ASOS in a report on Thursday, November 13th. Berenberg Bank reissued a “buy” rating and set a GBX 600 target price on shares of ASOS in a report on Thursday, November 13th. Finally, Shore Capital restated a “buy” rating and issued a GBX 400 target price on shares of ASOS in a research report on Thursday, December 4th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 383.33.

ASOS Company Profile

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.