Brokerages Set ASOS Plc (LON:ASC) PT at GBX 391

ASOS Plc (LON:ASC) has received a consensus recommendation of “Hold” from the six research firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is GBX 391 ($4.88).

Separately, Shore Capital reaffirmed a “hold” rating on shares of ASOS in a research report on Tuesday, November 5th.

ASOS Stock Performance

ASC stock opened at GBX 403.80 ($5.04) on Friday. The firm has a market cap of £480.97 million, a price-to-earnings ratio of -202.91, a PEG ratio of -1.26 and a beta of 2.86. ASOS has a twelve month low of GBX 328.84 ($4.10) and a twelve month high of GBX 454.20 ($5.67). The company has a quick ratio of 0.39, a current ratio of 1.51 and a debt-to-equity ratio of 158.84. The business’s fifty day simple moving average is GBX 405.01 and its two-hundred day simple moving average is GBX 391.82.

ASOS (LON:ASC) last announced its quarterly earnings data on Tuesday, November 5th. The company reported GBX (284.40) (($3.55)) earnings per share for the quarter. ASOS had a negative net margin of 7.72% and a negative return on equity of 35.11%. Analysts predict that ASOS will post 12.4165252 earnings per share for the current year.

Insider Buying and Selling at ASOS

In other news, insider William Barker bought 381,673 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The stock was bought at an average price of GBX 361 ($4.51) per share, with a total value of £1,377,839.53 ($1,719,719.83). Also, insider José Antonio Ramos Calamonte sold 1,991 shares of ASOS stock in a transaction on Friday, November 8th. The stock was sold at an average price of GBX 336 ($4.19), for a total transaction of £6,689.76 ($8,349.68). Insiders own 51.44% of the company’s stock.

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.