Auto Trader Group (LON:AUTO) Sets New 1-Year Low – Should You Sell?

Auto Trader Group plc (LON:AUTO)’s stock price reached a new 52-week low on Monday . The stock traded as low as GBX 585 and last traded at GBX 585.40, with a volume of 1769816 shares changing hands. The stock had previously closed at GBX 586.60.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on AUTO. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 830 price target on shares of Auto Trader Group in a research note on Thursday, November 6th. JPMorgan Chase & Co. boosted their price objective on shares of Auto Trader Group from GBX 630 to GBX 635 and gave the company an “underweight” rating in a report on Wednesday, December 3rd. Finally, Citigroup cut their target price on shares of Auto Trader Group from GBX 924 to GBX 880 and set a “buy” rating on the stock in a report on Friday, November 28th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Auto Trader Group presently has an average rating of “Hold” and an average target price of GBX 781.67.

Auto Trader Group Price Performance

The company has a current ratio of 1.66, a quick ratio of 1.50 and a debt-to-equity ratio of 6.26. The company has a fifty day moving average price of GBX 682.09 and a two-hundred day moving average price of GBX 761.49. The firm has a market cap of £5.01 billion, a P/E ratio of 17.61, a PEG ratio of 3.99 and a beta of 0.78.

Auto Trader Group (LON:AUTO) last announced its earnings results on Thursday, November 6th. The company reported GBX 17.26 EPS for the quarter. Auto Trader Group had a net margin of 45.00% and a return on equity of 47.03%. Equities analysts anticipate that Auto Trader Group plc will post 32.7973074 earnings per share for the current year.

About Auto Trader Group

About Auto Trader

Auto Trader Group plc is the UK’s largest automotive platform. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.
Auto Trader’s purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices.
With the largest number of car buyers and the largest choice of trusted stock, Auto Trader’s marketplace sits at the heart of the UK car buying process.