ASOS (LON:ASC) Insider William Barker Acquires 1,627,693 Shares of Stock

ASOS Plc (LON:ASC) insider William Barker purchased 1,627,693 shares of ASOS stock in a transaction that occurred on Thursday, April 23rd. The stock was acquired at an average cost of GBX 235 per share, with a total value of £3,825,078.55.

ASOS Stock Performance

LON ASC opened at GBX 258.50 on Friday. The stock has a market capitalization of £308.75 million, a price-to-earnings ratio of -1.03, a PEG ratio of -1.26 and a beta of 2.25. ASOS Plc has a twelve month low of GBX 206.50 and a twelve month high of GBX 375.30. The company has a current ratio of 0.95, a quick ratio of 0.39 and a debt-to-equity ratio of 855.63. The stock has a 50-day moving average of GBX 242.72 and a 200 day moving average of GBX 259.20.

ASOS (LON:ASC) last released its quarterly earnings results 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 business had revenue of GBX 111.60 billion during the quarter. Sell-side analysts anticipate that ASOS Plc will post 12.4165252 EPS for the current fiscal year.

Trending Headlines about ASOS

Here are the key news stories impacting ASOS this week:

• Positive Sentiment: Insider buying: Director William Barker purchased 1,627,693 shares at GBX 235 (≈£3.83m total), signaling management confidence and providing a tangible bullish signal for investors.
• Positive Sentiment: Broker support: Berenberg reaffirmed a “buy” rating with a GBX 600 target and Shore Capital also reaffirmed a “buy” — these upgrades/reaffirmations can lift sentiment and attract demand from institutional and retail buyers. Broker Views More Broker Views
• Positive Sentiment: Media/turnaround narrative: Investors Chronicle reports ASOS’s turnaround is gathering pace as losses narrow — a narrative that supports continued multiple expansion if management sustains margin improvement. Article: Asos turnaround gathers pace as losses narrow
• Negative Sentiment: Quarterly results remain loss-making: ASOS reported GBX (109.90) EPS and a negative net margin of 12.11% with ROE -111.93%, despite GBX 111.60bn revenue — the persistent losses and weak profitability keep financial risk elevated. Conference call and slide deck available for details. Earnings Transcript Slide Deck

Analyst Ratings Changes

ASC has been the subject of a number of research analyst reports. Berenberg Bank reissued a “buy” rating and set a GBX 600 target price on shares of ASOS in a report on Thursday. Shore Capital Group reissued a “buy” rating on shares of ASOS in a report on Thursday. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 352.67.

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.