Insider Buying: ASOS (LON:ASC) Insider Acquires £5,822.32 in Stock

ASOS Plc (LON:ASC) insider William Barker acquired 1,967 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The shares were acquired at an average cost of GBX 296 per share, for a total transaction of £5,822.32.

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

• On Friday, January 16th, William Barker bought 17,198 shares of ASOS stock. The shares were acquired at an average cost of GBX 300 per share, with a total value of £51,594.
• On Tuesday, December 30th, William Barker bought 4,344 shares of ASOS stock. The shares were acquired at an average cost of GBX 276 per share, with a total value of £11,989.44.
• On Wednesday, December 31st, William Barker bought 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 stock was bought at an average cost of GBX 278 per share, for a total transaction of £15,365.06.

ASOS Stock Performance

ASOS stock opened at GBX 310 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 quick ratio of 0.39, a current ratio of 1.61 and a debt-to-equity ratio of 187.55. The company has a market capitalization of £370.27 million, a P/E ratio of -1.24, a PEG ratio of -1.26 and a beta of 2.86. The stock’s 50 day moving average is GBX 268.77 and its 200 day moving average is GBX 279.68.

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

Analysts Set New Price Targets

Several brokerages recently commented on ASC. Peel Hunt reissued an “add” rating and set a GBX 335 price objective on shares of ASOS in a research report on Thursday, November 13th. Deutsche Bank Aktiengesellschaft cut their price target on shares of ASOS from GBX 440 to GBX 375 and set a “buy” rating on the stock in a report on Friday, November 21st. JPMorgan Chase & Co. reduced their price target on shares of ASOS from GBX 270 to GBX 240 and set a “neutral” rating for the company in a research report on Monday, November 24th. Berenberg Bank restated a “buy” rating and issued a GBX 600 price objective on shares of ASOS in a report on Thursday, November 13th. Finally, Panmure Gordon reaffirmed a “hold” rating and issued a GBX 350 price objective on shares of ASOS in a research report on Monday, November 24th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus 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.