Auto Trader Group plc (LON:AUTO) Given Average Rating of “Reduce” by Brokerages

Shares of Auto Trader Group plc (LON:AUTO) have been given a consensus recommendation of “Reduce” by the six research firms that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is GBX 550.33.

A number of equities research analysts have weighed in on AUTO shares. Deutsche Bank Aktiengesellschaft lowered their price objective on Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating on the stock in a report on Friday, March 27th. Berenberg Bank reduced their price target on Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating for the company in a report on Tuesday, May 26th. Royal Bank Of Canada decreased their price target on Auto Trader Group from GBX 830 to GBX 535 and set a “sector perform” rating on the stock in a research note on Friday. UBS Group reaffirmed a “sell” rating and set a GBX 470 price objective on shares of Auto Trader Group in a report on Monday, May 18th. Finally, JPMorgan Chase & Co. cut their price objective on Auto Trader Group from GBX 515 to GBX 445 and set an “underweight” rating for the company in a research report on Friday, May 22nd.

Insider Buying and Selling at Auto Trader Group

In related news, insider Megan Quinn acquired 10,900 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were purchased at an average price of GBX 462 per share, with a total value of £50,358. Also, insider Matt Davies bought 5,643 shares of the stock in a transaction on Wednesday, May 27th. The shares were bought at an average price of GBX 443 per share, for a total transaction of £24,998.49. Over the last 90 days, insiders acquired 69,952 shares of company stock worth $31,918,459. Company insiders own 3.42% of the company’s stock.

Auto Trader Group Stock Down 2.1%

AUTO stock opened at GBX 505.78 on Friday. The stock has a market capitalization of £3.98 billion, a PE ratio of 14.85, a price-to-earnings-growth ratio of 3.99 and a beta of 0.69. The company has a fifty day moving average of GBX 481.18 and a 200-day moving average of GBX 498.41. The company has a debt-to-equity ratio of 50.60, a quick ratio of 1.50 and a current ratio of 1.73. Auto Trader Group has a one year low of GBX 418.60 and a one year high of GBX 844.40.

Auto Trader Group (LON:AUTO) last issued its quarterly earnings results on Thursday, May 21st. The company reported GBX 34.17 earnings per share (EPS) for the quarter. The business had revenue of £624.30 million for the quarter. Auto Trader Group had a net margin of 47.08% and a return on equity of 60.53%. As a group, analysts expect that Auto Trader Group will post 32.7973074 EPS for the current year.

Auto Trader Group Company Profile

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.