Jefferies Financial Group Comments on ASOS PLC/ADR’s FY2022 Earnings (OTCMKTS:ASOMY)

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ASOS PLC/ADR (OTCMKTS:ASOMY) – Stock analysts at Jefferies Financial Group issued their FY2022 earnings estimates for shares of ASOS PLC/ADR in a report issued on Thursday, October 17th. Jefferies Financial Group analyst C. Gulliver anticipates that the company will post earnings per share of $1.37 for the year. Jefferies Financial Group currently has a “Underperform” rating on the stock.

Several other brokerages have also issued reports on ASOMY. JPMorgan Chase & Co. lowered ASOS PLC/ADR from an “overweight” rating to a “neutral” rating in a research report on Sunday, July 21st. Barclays lowered ASOS PLC/ADR from an “overweight” rating to an “equal weight” rating in a research report on Friday, July 19th. HSBC lowered ASOS PLC/ADR from a “buy” rating to a “hold” rating in a research report on Thursday, July 25th. Stifel Nicolaus raised ASOS PLC/ADR from a “sell” rating to a “hold” rating in a research report on Thursday. Finally, Zacks Investment Research raised ASOS PLC/ADR from a “sell” rating to a “hold” rating in a research report on Wednesday, October 16th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $48.00.

Shares of ASOS PLC/ADR stock opened at $42.37 on Monday. ASOS PLC/ADR has a 1 year low of $25.99 and a 1 year high of $77.43. The firm has a market cap of $3.69 billion, a PE ratio of 111.51, a P/E/G ratio of 8.62 and a beta of 2.79. The stock has a fifty day moving average price of $31.83 and a 200-day moving average price of $37.24.

About ASOS PLC/ADR

ASOS Plc, together with its subsidiaries, operates as an online fashion retailer in the United Kingdom, the United States, Australia, France, Germany, Spain, Italy, Sweden, the Netherlands, and Russia. The company offers womenswear, menswear, and sportswear products. It sells approximately 85,000 branded and ASOS brand products primarily through its Website, asos.com, as well as through social media platforms and magazines.

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