ASOS Plc (LON:ASC) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of ASOS Plc (LON:ASC) have received a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 383.33.

Several research analysts have weighed in on ASC shares. Peel Hunt reiterated an “add” rating and issued a GBX 335 price target on shares of ASOS in a report on Thursday, November 13th. Panmure Gordon reaffirmed a “hold” rating and set a GBX 350 price target on shares of ASOS in a research report on Monday, November 24th. Deutsche Bank Aktiengesellschaft lowered their target price on ASOS from GBX 440 to GBX 375 and set a “buy” rating for the company in a research note on Friday, November 21st. Berenberg Bank reaffirmed a “buy” rating and set a GBX 600 price target on shares of ASOS in a research note on Thursday, November 13th. Finally, Shore Capital reaffirmed a “buy” rating and issued a GBX 400 target price on shares of ASOS in a research report on Thursday, December 4th.

ASOS Trading Up 0.9%

Shares of ASC opened at GBX 270 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 firm has a 50 day simple moving average of GBX 246.86 and a 200-day simple moving average of GBX 283.87. The stock has a market cap of £322.49 million, a price-to-earnings ratio of -1.08, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86. ASOS has a 1-year low of GBX 215 and a 1-year high of GBX 454.20.

ASOS (LON:ASC) last issued its quarterly earnings data on Friday, November 21st. The company reported GBX (250.10) earnings per share (EPS) for the quarter. ASOS had a negative net margin of 11.66% and a negative return on equity of 59.37%. Equities analysts forecast that ASOS will post 12.4165252 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Aaron Izzard sold 604 shares of ASOS stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of GBX 219, for a total value of £1,322.76. Also, insider José Antonio Ramos Calamonte sold 13,061 shares of ASOS stock in a transaction on Monday, November 24th. The stock was sold at an average price of GBX 219, for a total transaction of £28,603.59. Company insiders own 18.03% of the company’s stock.

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.