ASOS Plc (LON:ASC) Receives Consensus Rating of "Hold" from Analysts

ASOS Plc (LON:ASC - Get Free Report) has been assigned an average recommendation of "Hold" from the six analysts that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 391 ($4.89).

Separately, Shore Capital reiterated a "hold" rating on shares of ASOS in a report on Tuesday, November 5th.

ASOS Stock Down 1.1 %

ASC stock traded down GBX 4.45 ($0.06) during trading hours on Friday, reaching GBX 399.35 ($4.99). 120,869 shares of the stock were exchanged, compared to its average volume of 256,733. The company has a market cap of £475.67 million, a price-to-earnings ratio of -200.68, a PEG ratio of -1.26 and a beta of 2.86. The firm's 50-day moving average is GBX 405.69 and its 200-day moving average is GBX 392.11. The company has a debt-to-equity ratio of 158.84, a current ratio of 1.51 and a quick ratio of 0.39. ASOS has a 12 month low of GBX 328.84 ($4.11) and a 12 month high of GBX 454.20 ($5.68).

ASOS (LON:ASC - Get Free Report) last announced its earnings results on Tuesday, November 5th. The company reported GBX (284.40) (($3.56)) EPS for the quarter. ASOS had a negative return on equity of 35.11% and a negative net margin of 7.72%. On average, equities research analysts expect that ASOS will post 12.4165252 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider José Antonio Ramos Calamonte sold 1,991 shares of ASOS stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of GBX 336 ($4.20), for a total value of £6,689.76 ($8,363.25). Also, insider William Barker bought 150,000 shares of the business's stock in a transaction that occurred on Wednesday, November 20th. The shares were acquired at an average price of GBX 367 ($4.59) per share, with a total value of £550,500 ($688,211.03). 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.