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Cormark Has Bullish Outlook for AutoCanada FY2025 Earnings

AutoCanada logo with Consumer Cyclical background

AutoCanada Inc. (TSE:ACQ - Free Report) - Stock analysts at Cormark upped their FY2025 EPS estimates for shares of AutoCanada in a report issued on Thursday, July 17th. Cormark analyst D. Ocampo now forecasts that the company will post earnings per share of $2.44 for the year, up from their prior 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.

A number of other equities research analysts have also recently issued reports on the company. ATB Capital boosted their price objective on AutoCanada from C$18.00 to C$18.50 and gave the stock a "sector perform" rating in a report on Thursday, March 27th. Canaccord Genuity Group boosted their price objective on AutoCanada from C$24.00 to C$28.00 and gave the stock a "buy" rating in a report on Monday, July 14th. Cibc World Mkts upgraded shares of AutoCanada from a "strong sell" rating to a "hold" rating in a research note on Thursday, May 15th. Finally, CIBC upped their price target on shares of AutoCanada from C$23.00 to C$27.50 in a research note on Thursday. Six research 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 stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of C$21.25.

Get Our Latest Research Report on AutoCanada

AutoCanada Stock Performance

Shares of TSE ACQ traded up C$0.12 during mid-day trading on Friday, reaching C$28.93. 4,105 shares of the company were exchanged, compared to its average volume of 26,273. AutoCanada has a twelve month low of C$13.75 and a twelve month high of C$30.65. The stock has a market capitalization of C$673.25 million, a P/E ratio of -13.35, a P/E/G ratio of 0.30 and a beta of 2.54. The company's 50-day simple moving average is C$22.18 and its 200-day simple moving average is C$18.88. The company has a quick ratio of 0.25, a current ratio of 1.03 and a debt-to-equity ratio of 451.54.

Insider Buying and Selling

In related news, insider EdgePoint Investment Group Inc. purchased 80,840 shares of the company's stock in a transaction that occurred on Friday, May 16th. The stock was acquired at an average price of C$20.50 per share, with a total value of C$1,657,317.01. Insiders bought a total of 88,280 shares of company stock valued at $1,809,060 over the last three months. 4.90% of the stock is owned by insiders.

AutoCanada Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for AutoCanada (TSE:ACQ)

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