Shares of Auto Trader Group plc (LON:AUTO - Get Free Report) dropped 11.3% during trading on Friday . The stock traded as low as GBX 769.40 ($10.35) and last traded at GBX 798.60 ($10.75). Approximately 11,321,527 shares changed hands during mid-day trading, an increase of 53% from the average daily volume of 7,387,826 shares. The stock had previously closed at GBX 900 ($12.11).
Analyst Ratings Changes
AUTO has been the topic of several recent analyst reports. JPMorgan Chase & Co. reissued an "underweight" rating and set a GBX 746 ($10.04) price objective on shares of Auto Trader Group in a research note on Thursday, March 20th. Berenberg Bank reissued a "hold" rating and set a GBX 830 ($11.17) price objective on shares of Auto Trader Group in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat, Auto Trader Group presently has a consensus rating of "Hold" and a consensus price target of GBX 864.25 ($11.63).
Check Out Our Latest Analysis on Auto Trader Group
Auto Trader Group Stock Performance
The company has a quick ratio of 1.50, a current ratio of 1.66 and a debt-to-equity ratio of 6.26. The company has a market cap of £6.96 billion, a PE ratio of 27.95, a P/E/G ratio of 3.99 and a beta of 0.78. The stock's 50 day simple moving average is GBX 814.03 and its two-hundred day simple moving average is GBX 798.15.
Auto Trader Group (LON:AUTO - Get Free Report) last announced its quarterly earnings results on Thursday, May 29th. The company reported GBX 31.66 ($0.43) EPS for the quarter. Auto Trader Group had a return on equity of 47.03% and a net margin of 45.00%. As a group, research analysts anticipate that Auto Trader Group plc will post 32.7973074 earnings per share for the current year.
Insider Buying and Selling
In related news, insider Nathan Coe sold 2,083,252 shares of the company's stock in a transaction on Thursday, March 27th. The shares were sold at an average price of GBX 386 ($5.19), for a total transaction of £8,041,352.72 ($10,819,904.09). 1.04% of the stock is owned by corporate insiders.
About Auto Trader Group
(
Get Free Report)
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.
Read More
Before you consider Auto Trader Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Auto Trader Group wasn't on the list.
While Auto Trader Group currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
