AutoCanada (ACQ) Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoCanada in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ACQ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ACQ, but not buy additional shares or sell existing shares.
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4 Wall Street analysts have issued twelve-month price objectives for AutoCanada's stock. Their ACQ share price forecasts range from C$18.00 to C$65.00. On average, they predict the company's share price to reach C$30.22 in the next twelve months. This suggests a possible upside of 21.7% from the stock's current price.
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AutoCanada's stock was trading at C$23.31 at the beginning of the year. Since then, ACQ shares have increased by 6.5% and is now trading at C$24.83.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our ACQ earnings forecast.

AutoCanada Inc. (TSE:ACQ) issued its earnings results on Thursday, August, 10th. The company reported $1.75 earnings per share for the quarter, topping analysts' consensus estimates of $0.97 by $0.78. The firm had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.73 billion. AutoCanada had a trailing twelve-month return on equity of 21.25% and a net margin of 1.52%.

Based on aggregate information from My MarketBeat watchlists, some companies that other AutoCanada investors own include Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Rogers Communications (RCI), Open Text (OTEX), Valeant Pharmaceuticals International (VRX) and Toronto-Dominion Bank (TD).

AutoCanada trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ACQ."

Shares of ACQ stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of ACQ stock can currently be purchased for approximately C$24.83.

AutoCanada (TSE:ACQ) has a market capitalization of C$586.24 million and generates C$6.31 billion in revenue each year. The company earns C$95.64 million in net income (profit) each year or C$3.67 on an earnings per share basis.

The company employs 2,550 workers across the globe.

AutoCanada's mailing address is 200-15511 123 Ave NW, EDMONTON, AB T5V 0C3, Canada. The official website for the company is www.autocan.ca. The company can be reached via phone at +1-888-7173558.