William Barker Buys 132,455 Shares of ASOS (LON:ASC) Stock

ASOS Plc (LON:ASC) insider William Barker bought 132,455 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The shares were acquired at an average price of GBX 381 per share, with a total value of £504,653.55.

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

• On Thursday, January 15th, William Barker acquired 1,967 shares of ASOS stock. The stock was bought at an average price of GBX 296 per share, for a total transaction of £5,822.32.
• On Friday, January 16th, William Barker bought 17,198 shares of ASOS stock. The shares were bought at an average price of GBX 300 per share, with a total value of £51,594.
• On Tuesday, December 30th, William Barker purchased 4,344 shares of ASOS stock. The stock was bought at an average cost of GBX 276 per share, with a total value of £11,989.44.
• On Wednesday, December 31st, William Barker acquired 62,040 shares of ASOS stock. The shares were bought at an average price of GBX 275 per share, for a total transaction of £170,610.
• On Friday, January 2nd, William Barker acquired 5,527 shares of ASOS stock. The shares were bought at an average cost of GBX 278 per share, with a total value of £15,365.06.

ASOS Stock Up 2.1%

LON ASC opened at GBX 316.50 on Friday. ASOS Plc has a twelve month low of GBX 215 and a twelve month high of GBX 445.40. The company has a debt-to-equity ratio of 187.55, a quick ratio of 0.39 and a current ratio of 1.61. The stock has a market cap of £378.03 million, a PE ratio of -1.27, a PEG ratio of -1.26 and a beta of 2.86. The firm has a 50-day simple moving average of GBX 269.72 and a 200 day simple moving average of GBX 279.54.

ASOS (LON:ASC) last posted its quarterly earnings results 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%. On average, research analysts forecast that ASOS Plc will post 12.4165252 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on ASC shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 600 price objective on shares of ASOS in a research note on Thursday, November 13th. Deutsche Bank Aktiengesellschaft reduced their target price on ASOS from GBX 440 to GBX 375 and set a “buy” rating on the stock in a report on Friday, November 21st. Panmure Gordon reaffirmed a “hold” rating and set a GBX 350 price target on shares of ASOS in a report on Monday, November 24th. Shore Capital reissued a “buy” rating and issued a GBX 400 price objective on shares of ASOS in a research note on Thursday, December 4th. Finally, JPMorgan Chase & Co. decreased their target price on ASOS from GBX 270 to GBX 240 and set a “neutral” rating on the stock in a report on Monday, November 24th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, ASOS presently has an average rating of “Moderate Buy” and a consensus 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.