Auto Trader Group (LON:AUTO) Hits New 12-Month Low – Here’s Why

Auto Trader Group plc (LON:AUTO)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 549.80 and last traded at GBX 550.40, with a volume of 6352387 shares. The stock had previously closed at GBX 565.42.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Berenberg Bank cut their target price on Auto Trader Group from GBX 830 to GBX 665 and set a “buy” rating on the stock in a research note on Friday, January 9th. Citigroup cut their price target on shares of Auto Trader Group from GBX 924 to GBX 880 and set a “buy” rating on the stock in a research report on Friday, November 28th. Finally, JPMorgan Chase & Co. reissued an “underweight” rating on shares of Auto Trader Group in a research note on Wednesday. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of GBX 725.

Auto Trader Group Stock Performance

The company has a current ratio of 1.66, a quick ratio of 1.50 and a debt-to-equity ratio of 6.26. The stock’s 50 day moving average is GBX 598.67 and its two-hundred day moving average is GBX 724.48. The stock has a market capitalization of £4.70 billion, a price-to-earnings ratio of 16.70, a price-to-earnings-growth ratio of 3.99 and a beta of 0.78.

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