Insider Buying: ASOS (LON:ASC) Insider Buys £51,594 in Stock

ASOS Plc (LON:ASC) insider William Barker bought 17,198 shares of the company’s stock in a transaction on Friday, January 16th. The stock was bought 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 purchased 1,967 shares of ASOS stock. The shares were bought at an average price of GBX 296 per share, for a total transaction of £5,822.32.
• On Tuesday, December 30th, William Barker purchased 4,344 shares of ASOS stock. The shares were 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 cost of GBX 275 per share, with a total value of £170,610.
• On Friday, January 2nd, William Barker acquired 5,527 shares of ASOS stock. The shares were purchased at an average price of GBX 278 per share, with a total value of £15,365.06.

ASOS Price Performance

Shares of ASC stock opened at GBX 310 on Friday. 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 has a market capitalization of £370.27 million, a PE ratio of -1.24, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86. The firm’s 50-day moving average is GBX 268.77 and its two-hundred day moving average is GBX 279.68. ASOS Plc has a 12 month low of GBX 215 and a 12 month high of GBX 445.40.

ASOS (LON:ASC) last posted its quarterly earnings results 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%. Analysts predict that ASOS Plc will post 12.4165252 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on ASC shares. Peel Hunt reiterated an “add” rating and set a GBX 335 price target on shares of ASOS in a report on Thursday, November 13th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 600 target price on shares of ASOS in a research note on Thursday, November 13th. Panmure Gordon reiterated a “hold” rating and set a GBX 350 price target on shares of ASOS in a research report on Monday, November 24th. Shore Capital restated a “buy” rating and issued a GBX 400 price objective on shares of ASOS in a report on Thursday, December 4th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of ASOS from GBX 440 to GBX 375 and set a “buy” rating for the company in a research report on Friday, November 21st. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently 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.