ASOS (LON:ASC) Insider Purchases £3,825,078.55 in Stock

Key Points

• Insider purchase: William Barker acquired 1,627,693 ASOS shares at GBX 235 on April 23, a transaction totaling £3,825,078.55.
• Weak quarterly results: ASOS reported GBX (109.90) EPS with a negative net margin of 12.11% and a negative return on equity of 111.93%, indicating continued losses.
• Analyst sentiment: The stock has a "Moderate Buy" consensus with a mean price target of GBX 352.67 and several buy ratings, including Berenberg's GBX 600 target.

ASOS Plc (LON:ASC - Get Free Report) insider William Barker acquired 1,627,693 shares of the business's stock in a transaction that occurred on Thursday, April 23rd. The stock was purchased at an average price of GBX 235 per share, for a total transaction of £3,825,078.55.

ASOS Trading Up 3.0%

Shares of LON:ASC opened at GBX 257.57 on Friday. The company has a market cap of £307.65 million, a PE ratio of -1.03, a P/E/G ratio of -1.26 and a beta of 2.25. The company's 50-day moving average price is GBX 243.25 and its 200 day moving average price is GBX 259.21. ASOS Plc has a fifty-two week low of GBX 206.50 and a fifty-two week high of GBX 375.30. The company has a quick ratio of 0.39, a current ratio of 1.02 and a debt-to-equity ratio of 342.80.

ASOS (LON:ASC - Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The company reported GBX (109.90) earnings per share for the quarter. The firm had revenue of GBX 111.60 billion during the quarter. ASOS had a negative net margin of 12.11% and a negative return on equity of 111.93%. Sell-side analysts anticipate that ASOS Plc will post 12.4165252 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Berenberg Bank restated a "buy" rating and set a GBX 600 price target on shares of ASOS in a research report on Thursday. Shore Capital Group restated a "buy" rating on shares of ASOS in a research report on Thursday. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 352.67.

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.

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