Cormark Has Bullish Outlook for AutoCanada FY2025 Earnings

AutoCanada Inc. (TSE:ACQ - Free Report) - Stock analysts at Cormark increased their FY2025 earnings estimates for AutoCanada in a research note issued on Thursday, July 17th. Cormark analyst D. Ocampo now forecasts that the company will earn $2.44 per share for the year, up from their previous estimate of $2.41. The consensus estimate for AutoCanada's current full-year earnings is $2.43 per share. Cormark also issued estimates for AutoCanada's Q1 2026 earnings at $0.70 EPS, Q2 2026 earnings at $1.36 EPS, Q3 2026 earnings at $1.17 EPS, Q4 2026 earnings at $1.03 EPS and FY2026 earnings at $4.50 EPS.

Other research analysts have also issued research reports about the stock. ATB Capital raised their price objective on shares of AutoCanada from C$18.00 to C$18.50 and gave the company a "sector perform" rating in a report on Thursday, March 27th. Acumen Capital raised shares of AutoCanada from a "hold" rating to a "speculative buy" rating and lifted their price target for the company from C$20.00 to C$22.50 in a research report on Friday, March 21st. Cibc World Mkts raised shares of AutoCanada from a "strong sell" rating to a "hold" rating in a research report on Thursday, May 15th. CIBC lifted their price target on shares of AutoCanada from C$23.00 to C$27.50 in a research report on Thursday. Finally, Canaccord Genuity Group lifted their price target on shares of AutoCanada from C$24.00 to C$28.00 and gave the company a "buy" rating in a research report on Monday. Six investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of C$21.25.

AutoCanada Price Performance

Shares of ACQ stock traded down C$0.77 on Friday, reaching C$28.37. The company had a trading volume of 6,657 shares, compared to its average volume of 26,058. The stock has a market capitalization of C$660.22 million, a PE ratio of -13.09, a price-to-earnings-growth ratio of 0.30 and a beta of 2.54. The company has a quick ratio of 0.25, a current ratio of 1.03 and a debt-to-equity ratio of 451.54. AutoCanada has a one year low of C$13.75 and a one year high of C$30.65. The business's 50-day moving average is C$21.96 and its 200 day moving average is C$18.78.

Insider Buying and Selling at AutoCanada

In related news, insider EdgePoint Investment Group Inc. purchased 4,880 shares of the firm's stock in a transaction dated Wednesday, May 21st. The shares were purchased at an average cost of C$19.78 per share, for a total transaction of C$96,548.36. Insiders bought 88,280 shares of company stock worth $1,809,060 in the last quarter. Corporate insiders own 4.90% of the company's stock.

AutoCanada Company Profile

AutoCanada Inc operates car dealerships in Canada. The company offers new and used vehicles, spare parts, maintenance services, and customer financing. AutoCanada retails brands such as Chrysler, Dodge, Jeep, Ram, Cadillac, Chevrolet, Buick, GMC, Audi, Volkswagen, BMW, Mini, Infiniti, Nissan, Hyundai, Kia, Fiat, Mitsubishi, and Subaru.

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