ASOS Plc (LON:ASC) Receives Average Recommendation of “Hold” from Analysts

ASOS Plc (LON:ASC) has been assigned a consensus recommendation of “Hold” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 391 ($4.86).

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

Insider Buying and Selling at ASOS

In related news, insider William Barker acquired 381,673 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were purchased at an average price of GBX 361 ($4.49) per share, for a total transaction of £1,377,839.53 ($1,713,517.63). Insiders own 51.44% of the company’s stock.

ASOS Stock Performance

Shares of LON:ASC opened at GBX 396.80 ($4.93) on Friday. ASOS has a 1 year low of GBX 328.84 ($4.09) and a 1 year high of GBX 454.20 ($5.65). The stock has a market capitalization of £472.63 million, a price-to-earnings ratio of -199.40, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86. The company has a debt-to-equity ratio of 158.84, a current ratio of 1.51 and a quick ratio of 0.39. The company’s 50 day simple moving average is GBX 406.27 and its 200 day simple moving average is GBX 392.16.

ASOS (LON:ASC) last posted its earnings results on Tuesday, November 5th. The company reported GBX (284.40) (($3.54)) EPS for the quarter. ASOS had a negative return on equity of 35.11% and a negative net margin of 7.72%. As a group, research analysts predict that ASOS will post 12.4165252 EPS for the current fiscal year.

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.