Cormark Issues Pessimistic Estimate for AutoCanada Earnings

AutoCanada Inc. (TSE:ACQ) – Research analysts at Cormark cut their Q2 2025 earnings per share (EPS) estimates for shares of AutoCanada in a research report issued to clients and investors on Friday, November 15th. Cormark analyst D. Ocampo now forecasts that the company will post earnings of $0.60 per share for the quarter, down from their prior estimate of $0.75. The consensus estimate for AutoCanada’s current full-year earnings is $2.43 per share. Cormark also issued estimates for AutoCanada’s FY2025 earnings at $1.20 EPS.

Several other analysts also recently commented on ACQ. CIBC reduced their target price on shares of AutoCanada from C$15.50 to C$15.00 in a report on Friday, November 15th. Acumen Capital lowered their target price on AutoCanada from C$21.50 to C$19.75 in a research note on Thursday, August 15th. Canaccord Genuity Group reduced their price target on AutoCanada from C$18.00 to C$15.00 and set a “hold” rating for the company in a research note on Wednesday, August 14th. National Bankshares upgraded AutoCanada from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from C$17.00 to C$21.00 in a research report on Thursday, November 14th. Finally, BMO Capital Markets reduced their target price on shares of AutoCanada from C$19.50 to C$19.00 in a research report on Thursday, November 14th. One research analyst has rated the stock with a sell rating, six have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of C$19.44.

AutoCanada Price Performance

TSE:ACQ opened at C$18.64 on Monday. The company has a market cap of C$432.26 million, a P/E ratio of -11.87, a P/E/G ratio of 0.30 and a beta of 2.54. The firm’s fifty day moving average price is C$15.73 and its two-hundred day moving average price is C$17.63. AutoCanada has a one year low of C$13.75 and a one year high of C$27.44. The company has a debt-to-equity ratio of 444.38, a current ratio of 1.03 and a quick ratio of 0.25.

Insider Transactions at AutoCanada

In other AutoCanada news, insider EdgePoint Investment Group Inc. purchased 11,400 shares of the firm’s stock in a transaction dated Friday, September 6th. The shares were bought at an average price of C$14.33 per share, for a total transaction of C$163,349.46. In the last 90 days, insiders bought 111,900 shares of company stock valued at $1,670,917. Company insiders own 4.90% of the company’s stock.

About AutoCanada

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.