Key Points
- Insider buying: Jamie Warner bought 4,377 shares of Auto Trader Group on May 21 at GBX 457 each, totaling about £20,003.
- Stock performance: Auto Trader Group shares were down 3% and opened at GBX 439.20, near the lower end of their 12-month range of GBX 431.40 to GBX 920.
- Analyst sentiment remains cautious: Recent broker moves included multiple target price cuts, with the consensus rating now at “Reduce” and an average price target of GBX 553.40.
Auto Trader Group plc (LON:AUTO - Get Free Report) insider Jamie Warner acquired 4,377 shares of Auto Trader Group stock in a transaction dated Thursday, May 21st. The stock was bought at an average price of GBX 457 per share, for a total transaction of £20,002.89.
Auto Trader Group Stock Down 3.0%
Shares of LON AUTO opened at GBX 439.20 on Wednesday. The stock has a market cap of £3.58 billion, a P/E ratio of 13.21, a PEG ratio of 3.99 and a beta of 0.69. The company has a current ratio of 1.73, a quick ratio of 1.50 and a debt-to-equity ratio of 50.60. Auto Trader Group plc has a 12-month low of GBX 431.40 and a 12-month high of GBX 920. The business's fifty day simple moving average is GBX 485.72 and its 200-day simple moving average is GBX 540.71.
Auto Trader Group (LON:AUTO - Get Free Report) last announced its quarterly earnings data on Thursday, May 21st. The company reported GBX 34.17 earnings per share (EPS) for the quarter. The business had revenue of £624.30 million for the quarter. Auto Trader Group had a return on equity of 60.53% and a net margin of 47.08%. As a group, equities analysts predict that Auto Trader Group plc will post 32.7973074 EPS for the current fiscal year.
Analyst Ratings Changes
Several analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reduced their price objective on Auto Trader Group from GBX 850 to GBX 816 and set a "buy" rating on the stock in a research note on Friday, March 27th. Berenberg Bank reduced their price objective on Auto Trader Group from GBX 580 to GBX 510 and set a "hold" rating on the stock in a research note on Tuesday. Citigroup reduced their price objective on Auto Trader Group from GBX 880 to GBX 526 and set a "neutral" rating on the stock in a research note on Thursday, April 9th. JPMorgan Chase & Co. dropped their target price on Auto Trader Group from GBX 515 to GBX 445 and set an "underweight" rating on the stock in a report on Friday, May 22nd. Finally, UBS Group reissued a "sell" rating and issued a GBX 470 target price on shares of Auto Trader Group in a report on Monday, May 18th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Reduce" and a consensus target price of GBX 553.40.
Check Out Our Latest Analysis on Auto Trader Group
About Auto Trader Group
(
Get Free Report)
Autotrader Group plc is the UK's largest automotive marketplace and a leading digital platform for the automotive industry. Listed on the London Stock Exchange since March 2015, the company is a member of the FTSE 100 Index.
Autotrader's purpose is Driving Change Together. Responsibly. The company uses advanced data science, artificial intelligence and scalable technology to improve how vehicles are bought and sold, while building stronger partnerships with its customers and the wider automotive ecosystem.
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