TSE:ACQ

AutoCanada - ACQ Stock Forecast, Price & News

C$18.12

+0.19 (+1.06%)

(As of 03/24/2023 12:00 AM ET)

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Today's Range: C$17.66
▼
C$18.13
50-Day Range: C$17.93
▼
C$30.49
52-Week Range: C$17.58
▼
C$36.50

Volume: 32,288 shs
Average Volume: 84,487 shs
Market Capitalization: C$425.82 million

P/E Ratio: 6.08
Dividend Yield: 6.34%
Price Target: C$37.58

AutoCanada MarketRank™ Forecast

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 107.4% Upside
C$37.58 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.54 out of 5 stars

3.1

Analyst's Opinion

Consensus Rating
AutoCanada has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$37.58, AutoCanada has a forecasted upside of 107.4% from its current price of C$18.12.
Amount of Analyst Coverage
AutoCanada has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for ACQ.

1.7

Dividend Strength

Dividend Leadership
AutoCanada is a leading dividend payer. It pays a dividend yield of 6.34%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
AutoCanada does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ACQ.

2.2

News and Social Media Coverage

News Sentiment
AutoCanada has a news sentiment score of -0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.33 average news sentiment score of Consumer Cyclical companies.
Search Interest
10 people have searched for ACQ on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.
MarketBeat Follows
2 people have added AutoCanada to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AutoCanada insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.30% of the stock of AutoCanada is held by insiders.
Percentage Held by Institutions
56.28% of the stock of AutoCanada is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of AutoCanada is 6.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.60.
Price to Earnings Ratio vs. Sector
The P/E ratio of AutoCanada is 6.08, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 409.59.
Price to Earnings Growth Ratio
AutoCanada has a PEG Ratio of 0.30. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
AutoCanada has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About AutoCanada (TSE:ACQ) Stock

AutoCanada Inc., through its subsidiaries, operates franchised automobile dealerships. 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, extended service contracts, and vehicle protection and other after-market products. It also arranges financing and insurance for vehicle purchases by its customers through third-party finance and insurance sources. The company sells its vehicles under the Chrysler, Dodge, Jeep, Ram, FIAT, Alfa Romeo, Chevrolet, GMC, Buick, Cadillac, Ford, Infiniti, Nissan, Hyundai, Subaru, Audi, Volkswagen, Kia, Mazda, Mercedes-Benz, BMW, MINI, Volvo, Toyota, Lincoln, Acura, Honda, and Porsche brands. As of November 7, 2022, it operated 81 franchised dealerships in eight provinces in Canada, as well as in Illinois, the United States. The company also offers used vehicles online. AutoCanada Inc. was incorporated in 2009 and is headquartered in Edmonton, Canada.

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ACQ Stock News Headlines

March 18, 2023 | americanbankingnews.com

AutoCanada Inc. (TSE:ACQ) Receives Average Recommendation of "Hold" from Analysts

March 2, 2023 | finance.yahoo.com

AUTOCANADA REPORTS FOURTH QUARTER 2022 RESULTS

March 25, 2023 | Behind the Markets (Ad)

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February 27, 2023 | finance.yahoo.com

AUTOCANADA ACQUIRES DCCHAIL, A LEADING HAIL DAMAGE REPAIR COMPANY

February 21, 2023 | finance.yahoo.com

AUTO CANADA ANNOUNCES CONFERENCE CALL AND WEBCAST DETAILS FOR FY2022 FINANCIAL RESULTS

December 25, 2022 | finance.yahoo.com

With 54% ownership, AutoCanada Inc. (TSE:ACQ) boasts of strong institutional backing

December 22, 2022 | finance.yahoo.com

AUTOCANADA RECEIVES TSX APPROVAL FOR RENEWAL OF NORMAL COURSE ISSUER BID

December 20, 2022 | finance.yahoo.com

AUTOCANADA ANNOUNCES APPOINTMENT OF AZIM LALANI AS ITS NEW CHIEF FINANCIAL OFFICER

March 25, 2023 | Behind the Markets (Ad)

Buy THIS stock before Taiwan is attacked

December 20, 2022 | finance.yahoo.com

AUTOCANADA ANNOUNCES INTENTION TO RENEW NORMAL COURSE ISSUER BID

December 14, 2022 | theglobeandmail.com

AutoCanada: Top 10 Undervalued Consumer Cyclical Sector Stocks on TSX (ACQ)

December 10, 2022 | finance.yahoo.com

Here's Why We Think AutoCanada (TSE:ACQ) Is Well Worth Watching

December 1, 2022 | finance.yahoo.com

AUTOCANADA FURTHER EXPANDS INTO SOUTHERN ONTARIO WITH ACQUISITION OF STERLING HONDA

November 12, 2022 | finance.yahoo.com

AutoCanada Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags

November 8, 2022 | finance.yahoo.com

Should You Be Excited About AutoCanada Inc.'s (TSE:ACQ) 37% Return On Equity?

October 31, 2022 | finance.yahoo.com

AUTOCANADA ACQUIRES KAVIA AUTO BODY IN SASKATOON, SASKATCHEWAN

October 24, 2022 | finance.yahoo.com

AutoCanada Inc. (TSE:ACQ) insiders placed bullish bets worth CA$712k in the last 12 months

October 4, 2022 | finance.yahoo.com

AUTOCANADA ACQUIRES NORTH TORONTO AUCTION

October 3, 2022 | ca.finance.yahoo.com

Entrepreneur, Host, Author, Composer and Performer Marilou becomes new brand ambassador for Hyundai Auto Canada in Quebec - Yahoo Canada Finance

September 26, 2022 | marketwatch.com

AutoCanada Acquires Auto Gallery of Winnipeg - MarketWatch

September 26, 2022 | finance.yahoo.com

AUTOCANADA EXPANDS USED DIGITAL RETAIL DIVISION WITH ACQUISITION OF AUTO GALLERY OF WINNIPEG

August 24, 2022 | ca.finance.yahoo.com

AUTOCANADA ACQUIRES VELOCITY AUTOBODY IN MARKHAM, ONTARIO - Yahoo Canada Finance

August 23, 2022 | finance.yahoo.com

AUTOCANADA ACQUIRES VELOCITY AUTOBODY IN MARKHAM, ONTARIO - Yahoo Finance

August 22, 2022 | marketwatch.com

AutoCanada Expands Collision-Center Footprint With Velocity Autobody Acquisition - MarketWatch

August 16, 2022 | ca.finance.yahoo.com

Alameda CTC Issues an "Intent to Award" Electronic Transaction Consultants a Contract for Electronic Toll System Integration - Yahoo Canada Finance

August 16, 2022 | finance.yahoo.com

AutoCanada Announces Results of its Substantial Issuer Bid

August 11, 2022 | finance.yahoo.com

AUTOCANADA REPORTS RECORD SECOND QUARTER RESULTS

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ACQ Company Calendar

Today: 3/25/2023
Next Earnings (Estimated): 5/03/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Auto & Truck Dealerships
Sub-Industry: N/A
Sector: Consumer Cyclical
Current Symbol: TSE:ACQ
CUSIP: N/A
CIK: N/A
Web: www.autocan.ca
Phone: +1-888-7173558
Fax: N/A
Employees: 2,550
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$37.58
High Stock Price Forecast: C$80.00
Low Stock Price Forecast: C$26.00
Forecasted Upside/Downside: +107.4%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.98
Trailing P/E Ratio: 6.08
Forward P/E Ratio: 6.13
P/E Growth: 0.3
Net Income: C$85.44 million
Net Margins: 1.41%
Pretax Margin: N/A
Return on Equity: 18.10%
Return on Assets: 6.01%

Debt

Debt-to-Equity Ratio: 417.87
Current Ratio: 1.01
Quick Ratio: 0.25

Sales & Book Value

Annual Sales: C$6.04 billion
Price / Sales: 0.07
Cash Flow: C$2.86 per share
Price / Cash Flow: 6.34
Book Value: C$19.48 per share
Price / Book: 0.93

Miscellaneous

Outstanding Shares: 23,500,000
Free Float: N/A
Market Cap: C$425.82 million
Optionable: Not Optionable
Beta: 2.64

Key Executives

Mr. Paul W. Antony (Age 54)
Exec. Chairman
Comp: $1.24M

Mr. Michael A. Borys (Age 60)
Chief Financial Officer
Comp: $1.03M

Mr. Peter Hong
Chief Strategy Officer & Gen. Counsel

Mr. Jim Douvas
VP of U.S. Operations

Jennifer Lennox
VP of People & Culture

Mr. Jeffrey Thorpe
Pres of Canadian Operations

Mr. Brian Feldman
Sr. VP of Canadian Operations & Disruptive Technologies

Mr. Lee Wittick
Sr. VP of Operations & OEM Relations

Mr. Kevin McPherson
Director of Fin.

Casey Charleson
VP of Fin.

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

ACQ Stock - Frequently Asked Questions

Should I buy or sell AutoCanada stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AutoCanada in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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.
View ACQ analyst ratings or view top-rated stocks.
What is AutoCanada's stock price forecast for 2023?: 4 Wall Street research analysts have issued 12 month price targets for AutoCanada's shares. Their ACQ share price forecasts range from C$26.00 to C$80.00. On average, they predict the company's share price to reach C$37.58 in the next year. This suggests a possible upside of 107.4% from the stock's current price.
View analysts price targets for ACQ or view top-rated stocks among Wall Street analysts.
How have ACQ shares performed in 2023?: AutoCanada's stock was trading at C$23.31 at the beginning of the year. Since then, ACQ stock has decreased by 22.3% and is now trading at C$18.12.
View the best growth stocks for 2023 here.
When is AutoCanada's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our ACQ earnings forecast.
What other stocks do shareholders of AutoCanada own?: 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), Wheaton Precious Metals (WPM), Rogers Communications (RCI), Open Text (OTEX), Valeant Pharmaceuticals International (VRX) and Toronto-Dominion Bank (TD).

What is AutoCanada's stock symbol?: AutoCanada trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ACQ."
How do I buy shares of AutoCanada?: 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.
Compare Top Brokerages Here.
What is AutoCanada's stock price today?: One share of ACQ stock can currently be purchased for approximately C$18.12.
How much money does AutoCanada make?: AutoCanada (TSE:ACQ) has a market capitalization of C$425.82 million and generates C$6.04 billion in revenue each year. The company earns C$85.44 million in net income (profit) each year or C$2.98 on an earnings per share basis.
How many employees does AutoCanada have?: The company employs 2,550 workers across the globe.
How can I contact AutoCanada?: 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.

This page (TSE:ACQ) was last updated on 3/25/2023 by MarketBeat.com Staff

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AutoCanada - ACQ Stock Forecast, Price & News

AutoCanada MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About AutoCanada (TSE:ACQ) Stock

ACQ Stock News Headlines

ACQ Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

ACQ Stock - Frequently Asked Questions

Overall MarketRank^™