Auto Trader Group (LON:AUTO) Insider Purchases £49,280 in Stock

Auto Trader Group plc (LON:AUTO) insider Nathan Coe purchased 11,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was purchased at an average price of GBX 448 per share, with a total value of £49,280.

Auto Trader Group Trading Down 3.0%

Shares of AUTO stock opened at GBX 439.20 on Tuesday. The stock has a market cap of £3.58 billion, a P/E ratio of 13.21, a P/E/G ratio of 3.99 and a beta of 0.69. The business has a fifty day simple moving average of GBX 486.82 and a 200-day simple moving average of GBX 543. Auto Trader Group plc has a fifty-two week low of GBX 431.40 and a fifty-two week high of GBX 920. The company has a quick ratio of 1.50, a current ratio of 1.73 and a debt-to-equity ratio of 50.60.

Auto Trader Group (LON:AUTO) last posted its quarterly earnings data on Thursday, May 21st. The company reported GBX 34.17 EPS for the quarter. The firm had revenue of £624.30 million during the quarter. Auto Trader Group had a return on equity of 60.53% and a net margin of 47.08%. On average, analysts forecast that Auto Trader Group plc will post 32.7973074 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. UBS Group reiterated a “sell” rating and set a GBX 470 price objective on shares of Auto Trader Group in a research report on Monday, May 18th. JPMorgan Chase & Co. dropped their price objective on Auto Trader Group from GBX 515 to GBX 445 and set an “underweight” rating for the company in a research report on Friday. Citigroup dropped their price objective on Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft dropped their price objective on Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating for the company in a research report on Friday, March 27th. Finally, Berenberg Bank dropped their price objective on Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating for the company in a research report on Tuesday. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Auto Trader Group presently has a consensus rating of “Reduce” and a consensus price target of GBX 553.40.

Auto Trader Group Company Profile

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.