Should I buy or sell AutoCanada stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AutoCanada in the last twelve months. There are currently 5 hold ratings and 2 buy ratings 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 target for 2024?

7 equities research analysts have issued 12 month target prices for AutoCanada's shares. Their ACQ share price targets range from C$18.00 to C$62.00. On average, they anticipate the company's stock price to reach C$27.65 in the next year. This suggests a possible upside of 13.7% 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 2024?

AutoCanada's stock was trading at C$22.90 on January 1st, 2024. Since then, ACQ stock has increased by 6.2% and is now trading at C$24.31. View the best growth stocks for 2024 here .

When is AutoCanada's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our ACQ earnings forecast .

How were AutoCanada's earnings last quarter?

AutoCanada Inc. (TSE:ACQ) released its quarterly earnings data on Thursday, March, 7th. The company reported $0.69 EPS for the quarter, topping analysts' consensus estimates of $0.56 by $0.13. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.43 billion. AutoCanada had a trailing twelve-month return on equity of 10.23% and a net margin of 0.78%.

Is AutoCanada a good dividend stock?

AutoCanada (TSE:ACQ) pays an annual dividend of C$0.40 per share and currently has a dividend yield of 6.34%. ACQ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 19.42%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for ACQ .

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) .

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 .

TSE:ACQ

AutoCanada (ACQ) Stock Price, News & Analysis

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Free ACQ Stock Alerts

C$24.31

+0.31 (+1.29%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$24.11
▼
C$24.41
50-Day Range: C$20.47
▼
C$26.88
52-Week Range: C$15.14
▼
C$27.54

Volume: 10,925 shs
Average Volume: 32,381 shs
Market Capitalization: C$573.96 million

P/E Ratio: 11.80
Dividend Yield: 1.65%
Price Target: C$27.65

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

Get AutoCanada alerts:

AutoCanada MarketRank™ Stock Analysis

Analyst Rating: Hold
2.29 Rating Score
Upside/Downside: 13.7% Upside
C$27.65 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.37
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
C$766,165 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.01 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 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.
Amount of Analyst Coverage
AutoCanada has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

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

2.5

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.
Dividend Coverage
The dividend payout ratio of AutoCanada is 19.42%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

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

3.5

News and Social Media Coverage

News Sentiment
AutoCanada has a news sentiment score of 1.37. 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 higher news sentiment than the 0.35 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for AutoCanada this week, compared to 1 article on an average week.
Search Interest
2 people have searched for ACQ on MarketBeat in the last 30 days.
MarketBeat Follows
Only 1 people have added AutoCanada to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AutoCanada insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$766,165.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
Only 4.70% of the stock of AutoCanada is held by insiders.
Percentage Held by Institutions
49.50% of the stock of AutoCanada is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of AutoCanada is 11.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of AutoCanada is 11.80, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 345.70.
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 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About AutoCanada Stock (TSE:ACQ)

AutoCanada Inc., through its subsidiaries, operates franchised automobile dealerships and related business. 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, and extended service contracts; and vehicle protection, after-market products, and auction services. 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, Infiniti, Nissan, Hyundai, Subaru, Audi, Volkswagen, Mazda, Mercedes-Benz, BMW, MINI, Ford, Acura, Honda, Kia, and Porsche brands. It operates franchised dealerships in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nova Scotia, and New Brunswick 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 based in Edmonton, Canada.

ACQ Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ACQ Stock News Headlines

April 18, 2024 | insidertrades.com

Insider Buying: AutoCanada Inc. (TSE:ACQ) Insider Buys 4,700 Shares of Stock

March 26, 2024 | insidertrades.com

AutoCanada Inc. (TSE:ACQ) Insider EdgePoint Investment Group Inc. Buys 21,200 Shares

April 18, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

March 19, 2024 | insidertrades.com

AutoCanada Inc. (TSE:ACQ) Insider Acquires C$89,694.38 in Stock

April 16, 2024 | finance.yahoo.com

Is There An Opportunity With AutoCanada Inc.'s (TSE:ACQ) 28% Undervaluation?

April 11, 2024 | americanbankingnews.com

AutoCanada Inc. (TSE:ACQ) Given Consensus Recommendation of "Hold" by Analysts

April 10, 2024 | americanbankingnews.com

AutoCanada (TSE:ACQ) Shares Pass Above Two Hundred Day Moving Average of $22.51

April 4, 2024 | finance.yahoo.com

AUTOCANADA ANNOUNCES CONFERENCE CALL AND WEBCAST DETAILS FOR Q1 2024 FINANCIAL RESULTS AND 2024 ANNUAL MEETING OF SHAREHOLDERS

April 18, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

March 25, 2024 | finance.yahoo.com

Those who invested in AutoCanada (TSE:ACQ) five years ago are up 154%

March 7, 2024 | theglobeandmail.com

Auto dealership company AutoCanada reports fourth-quarter loss, sales up from year ago

March 7, 2024 | markets.businessinsider.com

AutoCanada Posts Loss In Q4 - Quick Facts

March 7, 2024 | finance.yahoo.com

AUTOCANADA ANNOUNCES FOURTH QUARTER RESULTS

March 3, 2024 | finance.yahoo.com

AutoCanada Inc. (TSE:ACQ) Delivered A Better ROE Than Its Industry

February 22, 2024 | benzinga.com

Mountain Crest Acq Corp Stock (NASDAQ:MCAF) Dividends: History, Yield and Dates

February 10, 2024 | wsj.com

AutoCanada Inc.

February 10, 2024 | benzinga.com

Digital World Acq Stock (NASDAQ:DWAC) Dividends: History, Yield and Dates

January 29, 2024 | ca.finance.yahoo.com

Stocks in play: AutoCanada Inc.

December 27, 2023 | finance.yahoo.com

Canadian Investment Regulatory Organization Trade Resumption - ACQ

December 21, 2023 | theglobeandmail.com

Closing Bell: Autocanada Inc flat on Friday (ACQ)

December 15, 2023 | finance.yahoo.com

AutoCanada (TSE:ACQ) Is Experiencing Growth In Returns On Capital

December 12, 2023 | morningstar.com

AutoCanada Inc ACQ

November 16, 2023 | finance.yahoo.com

AUTOCANADA ANNOUNCES AWARD OF PORSCHE CLASSIC & SERVICE CENTRE WINDSOR

November 11, 2023 | markets.businessinsider.com

AutoCanada (ACQ) Receives a Hold from RBC Capital

November 9, 2023 | finance.yahoo.com

AUTOCANADA ANNOUNCES THIRD QUARTER RESULTS

November 8, 2023 | finance.yahoo.com

Estimating The Intrinsic Value Of AutoCanada Inc. (TSE:ACQ)

October 31, 2023 | morningstar.com

Digital World Acquisition Corp Class A DWAC

See More Headlines

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Company Calendar

Last Earnings: 3/07/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/02/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Consumer Cyclical
Industry: Auto & Truck Dealerships
Sub-Industry: N/A
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 Target: C$27.65
High Stock Price Target: C$62.00
Low Stock Price Target: C$18.00
Potential Upside/Downside: +13.7%
Consensus Rating: Hold
Rating Score (0-4): 2.29
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.06
Trailing P/E Ratio: 11.81
Forward P/E Ratio: 7.99
P/E Growth: 0.3
Net Income: C$50.49 million
Net Margins: 0.78%
Pretax Margin: N/A
Return on Equity: 10.23%
Return on Assets: 4.56%

Debt

Debt-to-Equity Ratio: 396.08
Current Ratio: 1.04
Quick Ratio: 0.25

Sales & Book Value

Annual Sales: C$6.44 billion
Price / Sales: 0.09
Cash Flow: C$3.84 per share
Price / Cash Flow: 6.34
Book Value: C$22.66 per share
Price / Book: 1.07

Miscellaneous

Outstanding Shares: 23,610,000
Free Float: N/A
Market Cap: C$574.20 million
Optionable: Not Optionable
Beta: 2.60

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Key Executives

Mr. Paul W. Antony (Age 56)
Executive Chairman
Comp: $1.41M
Mr. Peter Hong
Chief Strategy Officer & General Counsel
Mr. Jeffrey Thorpe
President North American Operations
Mr. Jim Douvas
Vice President of U.S. Operations
Mr. Azim Lalani CPA
CA, CBV, Chief Financial Officer
Mr. Brian Feldman
Chief Operating Officer
Mr. Drew Forret
Chief Administrative & Transformation Officer
Jennifer Lennox
Vice President of People & Culture
Mr. Lee Wittick
Senior Vice President of Operations & OEM Relations
Ms. Cynthia Hill
Vice President of Legal & Sustainability

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

ACQ Stock Analysis - Frequently Asked Questions

Should I buy or sell AutoCanada stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AutoCanada in the last twelve months. There are currently 5 hold ratings and 2 buy ratings 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 target for 2024?: 7 equities research analysts have issued 12 month target prices for AutoCanada's shares. Their ACQ share price targets range from C$18.00 to C$62.00. On average, they anticipate the company's stock price to reach C$27.65 in the next year. This suggests a possible upside of 13.7% 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 2024?: AutoCanada's stock was trading at C$22.90 on January 1st, 2024. Since then, ACQ stock has increased by 6.2% and is now trading at C$24.31.
View the best growth stocks for 2024 here.
When is AutoCanada's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our ACQ earnings forecast.

How were AutoCanada's earnings last quarter?: AutoCanada Inc. (TSE:ACQ) released its quarterly earnings data on Thursday, March, 7th. The company reported $0.69 EPS for the quarter, topping analysts' consensus estimates of $0.56 by $0.13. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.43 billion. AutoCanada had a trailing twelve-month return on equity of 10.23% and a net margin of 0.78%.
Is AutoCanada a good dividend stock?: AutoCanada (TSE:ACQ) pays an annual dividend of C$0.40 per share and currently has a dividend yield of 6.34%. ACQ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 19.42%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ACQ.
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).
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.

This page (TSE:ACQ) was last updated on 4/18/2024 by MarketBeat.com Staff

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AutoCanada (ACQ) Stock Price, News & Analysis

AutoCanada MarketRank™ Stock Analysis

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

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About AutoCanada Stock (TSE:ACQ)

ACQ Stock Price History

ACQ Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

ACQ Stock Analysis - Frequently Asked Questions

Overall MarketRank^™