AutoCanada Inc. (TSE:ACQ - Get Free Report) insider EdgePoint Investment Group Inc. bought 1,200 shares of AutoCanada stock in a transaction dated Monday, April 22nd. The stock was acquired at an average price of C$23.95 per share, with a total value of C$28,740.00.
EdgePoint Investment Group Inc. also recently made the following trade(s):
- On Friday, April 19th, EdgePoint Investment Group Inc. bought 2,400 shares of AutoCanada stock. The stock was acquired at an average price of C$24.00 per share, with a total value of C$57,588.00.
- On Tuesday, April 16th, EdgePoint Investment Group Inc. bought 1,400 shares of AutoCanada stock. The stock was acquired at an average price of C$23.83 per share, with a total value of C$33,362.00.
- On Friday, April 12th, EdgePoint Investment Group Inc. bought 4,700 shares of AutoCanada stock. The stock was acquired at an average price of C$23.75 per share, with a total value of C$111,604.79.
- On Tuesday, March 19th, EdgePoint Investment Group Inc. bought 21,200 shares of AutoCanada stock. The stock was acquired at an average price of C$26.64 per share, with a total value of C$564,865.52.
- On Wednesday, March 13th, EdgePoint Investment Group Inc. bought 3,750 shares of AutoCanada stock. The stock was acquired at an average price of C$23.92 per share, with a total value of C$89,694.38.
AutoCanada Price Performance
Shares of ACQ opened at C$24.20 on Tuesday. AutoCanada Inc. has a 1-year low of C$15.14 and a 1-year high of C$27.54. The stock has a market cap of C$571.36 million, a PE ratio of 11.75, a P/E/G ratio of 0.30 and a beta of 2.60. The firm has a 50-day simple moving average of C$23.92 and a two-hundred day simple moving average of C$22.48. The company has a debt-to-equity ratio of 396.08, a current ratio of 1.04 and a quick ratio of 0.25.
The 1,000X Crypto Playbook
From True Market Insiders | Ad
Chris Rowe has created a “Crypto Playbook” that anyone can follow… potentially turning small investments into pers
#1 Crypto for 2024, completely FREE.
AutoCanada (TSE:ACQ - Get Free Report) last posted its quarterly earnings data on Thursday, March 7th. The company reported C$0.69 EPS for the quarter, beating the consensus estimate of C$0.56 by C$0.13. AutoCanada had a net margin of 0.78% and a return on equity of 10.23%. The business had revenue of C$1.48 billion during the quarter, compared to analyst estimates of C$1.43 billion. As a group, analysts forecast that AutoCanada Inc. will post 3.0424469 EPS for the current year.
Analysts Set New Price Targets
Several research firms recently issued reports on ACQ. Canaccord Genuity Group cut their price objective on shares of AutoCanada from C$22.00 to C$20.00 and set a "hold" rating for the company in a research report on Friday, March 8th. CIBC raised their price objective on shares of AutoCanada from C$22.00 to C$25.00 and gave the stock a "neutral" rating in a research report on Friday, April 19th. Scotiabank raised their price objective on shares of AutoCanada from C$26.00 to C$28.00 and gave the stock an "outperform" rating in a research report on Friday, March 8th. BMO Capital Markets cut their price objective on shares of AutoCanada from C$24.00 to C$23.00 and set a "market perform" rating for the company in a research report on Friday, March 8th. Finally, Acumen Capital cut their price objective on shares of AutoCanada from C$33.00 to C$24.50 and set a "speculative buy" rating for the company in a research report on Friday, March 8th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of C$27.95.
View Our Latest Stock Report on ACQ
About AutoCanada
(
Get Free Report)
AutoCanada Inc, through its subsidiaries, operates franchised automobile dealerships and related business. The company offers a range of automotive products and services, including new and used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, and extended service contracts; and vehicle protection, after-market products, and auction services.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
