Auto Trader Group (LON:AUTO) Insider Adam Jay Acquires 10,846 Shares

Auto Trader Group plc (LON:AUTO) insider Adam Jay purchased 10,846 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were purchased at an average cost of GBX 459 per share, for a total transaction of £49,783.14.

Auto Trader Group Trading Down 3.0%

AUTO opened at GBX 439.20 on Tuesday. The firm has a market cap of £3.58 billion, a price-to-earnings ratio of 13.21, a price-to-earnings-growth ratio of 3.99 and a beta of 0.69. Auto Trader Group plc has a 52 week low of GBX 431.40 and a 52 week high of GBX 920. The business’s 50 day moving average is GBX 486.82 and its two-hundred day moving average is GBX 543. The company has a quick ratio of 1.50, a current ratio of 1.73 and a debt-to-equity ratio of 50.60.

Auto Trader Group (LON:AUTO) last released its quarterly earnings results on Thursday, May 21st. The company reported GBX 34.17 EPS for the quarter. The company had revenue of £624.30 million for the quarter. Auto Trader Group had a return on equity of 60.53% and a net margin of 47.08%. On average, research analysts predict that Auto Trader Group plc will post 32.7973074 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Citigroup cut their price target on Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft decreased their price objective on Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating for the company in a research report on Friday, March 27th. Berenberg Bank decreased their price objective on Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating for the company in a research report on Tuesday. UBS Group reissued a “sell” rating and issued a GBX 470 target price on shares of Auto Trader Group in a report on Monday, May 18th. Finally, JPMorgan Chase & Co. dropped their target price on Auto Trader Group from GBX 515 to GBX 445 and set an “underweight” rating on the stock in a report on Friday. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Auto Trader Group presently has an average rating of “Reduce” and a consensus price target of GBX 553.40.

About Auto Trader Group

Autotrader Group plc is the UK’s largest automotive marketplace and a leading digital platform for the automotive industry. Listed on the London Stock Exchange since March 2015, the company is a member of the FTSE 100 Index.

Autotrader’s purpose is Driving Change Together. Responsibly. The company uses advanced data science, artificial intelligence and scalable technology to improve how vehicles are bought and sold, while building stronger partnerships with its customers and the wider automotive ecosystem.