ASOS (LON:ASC) Insider Buys £205,392.39 in Stock

ASOS Plc (LON:ASC) insider William Barker acquired 89,691 shares of ASOS stock in a transaction on Tuesday, May 26th. The shares were bought at an average cost of GBX 229 per share, for a total transaction of £205,392.39.

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

• On Thursday, May 28th, William Barker acquired 15,779 shares of ASOS stock. The shares were bought at an average cost of GBX 258 per share, for a total transaction of £40,709.82.
• On Thursday, April 23rd, William Barker acquired 1,627,693 shares of ASOS stock. The shares were bought at an average cost of GBX 235 per share, for a total transaction of £3,825,078.55.

ASOS Trading Up 5.2%

Shares of LON ASC opened at GBX 278.66 on Friday. The business’s 50 day moving average is GBX 229.63 and its two-hundred day moving average is GBX 258.25. The company has a debt-to-equity ratio of 855.63, a current ratio of 0.95 and a quick ratio of 0.39. ASOS Plc has a 1-year low of GBX 206.50 and a 1-year high of GBX 375.30. The stock has a market capitalization of £333.41 million, a P/E ratio of -1.44, a PEG ratio of -1.26 and a beta of 2.22.

ASOS (LON:ASC) last posted its quarterly earnings data on Thursday, April 23rd. The company reported GBX (109.90) earnings per share for the quarter. ASOS had a negative return on equity of 155.17% and a negative net margin of 10.10%.The firm had revenue of GBX 111.60 billion during the quarter. As a group, research analysts expect that ASOS Plc will post 12.4165252 EPS for the current year.

Wall Street Analysts Forecast Growth

ASC has been the topic of a number of recent analyst reports. Berenberg Bank reissued a “buy” rating and issued a GBX 600 price objective on shares of ASOS in a research report on Monday, May 11th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of ASOS from GBX 375 to GBX 400 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. JPMorgan Chase & Co. increased their price objective on shares of ASOS from GBX 240 to GBX 285 and gave the stock a “neutral” rating in a research report on Tuesday, May 12th. Finally, Shore Capital Group reissued a “buy” rating on shares of ASOS in a research report on Thursday, April 23rd. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 364.33.

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.