William Barker Acquires 1,967 Shares of ASOS (LON:ASC) Stock

ASOS Plc (LON:ASC) insider William Barker bought 1,967 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The shares were purchased 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 purchased 17,198 shares of ASOS stock. The shares were purchased at an average price of GBX 300 per share, for a total transaction of £51,594.
• On Tuesday, December 30th, William Barker acquired 4,344 shares of ASOS stock. The stock was purchased at an average cost of GBX 276 per share, for a total transaction of £11,989.44.
• 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, with a total value of £15,365.06.

ASOS Price Performance

LON:ASC opened at GBX 289 on Tuesday. 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 business’s 50-day moving average price is GBX 265.03 and its 200 day moving average price is GBX 279.42. ASOS Plc has a 52-week low of GBX 215 and a 52-week high of GBX 445.40. The firm has a market cap of £345.18 million, a P/E ratio of -1.16, a PEG ratio of -1.26 and a beta of 2.86.

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

Analyst Ratings Changes

Several research firms have issued reports on ASC. Panmure Gordon reaffirmed a “hold” rating and issued a GBX 350 price target on shares of ASOS in a report on Monday, November 24th. Berenberg Bank restated a “buy” rating and issued a GBX 600 target price on shares of ASOS in a report on Thursday, November 13th. JPMorgan Chase & Co. reduced their target price on ASOS from GBX 270 to GBX 240 and set a “neutral” rating for the company in a report on Monday, November 24th. Peel Hunt reiterated an “add” rating and issued a GBX 335 price target on shares of ASOS in a research report on Thursday, November 13th. Finally, Shore Capital restated a “buy” rating and set a GBX 400 price objective on shares of ASOS in a 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 an average 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.