William Barker Buys 17,198 Shares of ASOS (LON:ASC) Stock

ASOS Plc (LON:ASC) insider William Barker acquired 17,198 shares of the stock in a transaction that occurred on Friday, January 16th. The stock was purchased at an average price of GBX 300 per share, with a total value of £51,594.

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

• On Thursday, January 15th, William Barker bought 1,967 shares of ASOS stock. The shares were acquired at an average price of GBX 296 per share, for a total transaction of £5,822.32.
• On Tuesday, December 30th, William Barker bought 4,344 shares of ASOS stock. The stock was acquired at an average cost of GBX 276 per share, for a total transaction of £11,989.44.
• On Wednesday, December 31st, William Barker purchased 62,040 shares of ASOS stock. The shares were acquired at an average price of GBX 275 per share, with a total value of £170,610.
• On Friday, January 2nd, William Barker purchased 5,527 shares of ASOS stock. The shares were acquired at an average cost of GBX 278 per share, with a total value of £15,365.06.

ASOS Trading Up 1.9%

Shares of LON ASC opened at GBX 301 on Thursday. ASOS Plc has a fifty-two week low of GBX 215 and a fifty-two week high of GBX 445.40. The firm has a market capitalization of £359.52 million, a P/E ratio of -1.20, a P/E/G ratio of -1.26 and a beta of 2.86. 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’s 50 day simple moving average is GBX 267.83 and its 200 day simple moving average is GBX 279.47.

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

Analysts Set New Price Targets

A number of brokerages have issued reports on ASC. Berenberg Bank restated a “buy” rating and set a GBX 600 target price on shares of ASOS in a report on Thursday, November 13th. JPMorgan Chase & Co. cut their price target 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 reissued a “hold” rating and set a GBX 350 price objective on shares of ASOS in a research note on Monday, November 24th. Peel Hunt reaffirmed an “add” rating and issued a GBX 335 target price on shares of ASOS in a research note on Thursday, November 13th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of ASOS from GBX 440 to GBX 375 and set a “buy” rating for the company in a report on Friday, November 21st. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average 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.