Auto Trader Group (LON:AUTO) Reaches New 1-Year Low – Should You Sell?

Auto Trader Group plc (LON:AUTO) shares hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 704.40 and last traded at GBX 704.60, with a volume of 17566510 shares trading hands. The stock had previously closed at GBX 729.40.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Berenberg Bank reiterated a “hold” rating and issued a GBX 830 price objective on shares of Auto Trader Group in a research note on Thursday, November 6th. JPMorgan Chase & Co. upped their price target on shares of Auto Trader Group from GBX 765 to GBX 770 and gave the stock an “underweight” rating in a research note on Friday, November 7th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of GBX 848.67.

Auto Trader Group Price Performance

The company has a debt-to-equity ratio of 6.26, a current ratio of 1.66 and a quick ratio of 1.50. The stock has a market capitalization of £6.06 billion, a P/E ratio of 22.26, a PEG ratio of 3.99 and a beta of 0.78. The stock’s fifty day moving average is GBX 782.34 and its 200-day moving average is GBX 812.48.

Auto Trader Group (LON:AUTO) last announced 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 return on equity of 47.03% and a net margin of 45.00%. On average, equities analysts anticipate that Auto Trader Group plc will post 32.7973074 earnings per share for the current 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.