Auto Trader Group (LON:AUTO) Reaches New 1-Year Low – Here’s What Happened

Shares of Auto Trader Group plc (LON:AUTO) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 531 and last traded at GBX 533.20, with a volume of 5093031 shares. The stock had previously closed at GBX 538.

Analyst Ratings Changes

A number of research analysts have weighed in on AUTO shares. Berenberg Bank lowered their target price on Auto Trader Group from GBX 830 to GBX 665 and set a “buy” rating on the stock in a report on Friday, January 9th. Citigroup lowered their price objective on shares of Auto Trader Group from GBX 924 to GBX 880 and set a “buy” rating on the stock in a research note on Friday, November 28th. Finally, JPMorgan Chase & Co. restated an “underweight” rating on shares of Auto Trader Group in a research report on Wednesday, January 28th. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, Auto Trader Group has an average rating of “Hold” and a consensus price target of GBX 725.

Auto Trader Group Stock Down 0.9%

The company has a market capitalization of £4.21 billion, a PE ratio of 15.09, a price-to-earnings-growth ratio of 3.99 and a beta of 0.78. The company’s fifty day moving average is GBX 584.05 and its 200-day moving average is GBX 712.82. The company has a debt-to-equity ratio of 6.26, a quick ratio of 1.50 and a current ratio of 1.66.

Auto Trader Group (LON:AUTO) last posted its quarterly earnings results on Thursday, November 6th. The company reported GBX 17.26 earnings per share for the quarter. Auto Trader Group had a net margin of 45.00% and a return on equity of 47.03%. As a group, analysts predict that Auto Trader Group plc will post 32.7973074 EPS for the current fiscal year.

Auto Trader Group Company Profile

About Auto Trader

Auto Trader Group plc is the UK’s largest automotive platform. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.
Auto Trader’s purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices.
With the largest number of car buyers and the largest choice of trusted stock, Auto Trader’s marketplace sits at the heart of the UK car buying process.