AutoCanada (AOCIF) Expected to Announce Quarterly Earnings on Thursday

AutoCanada (OTCMKTS:AOCIF) is projected to post its results before the market opens on Thursday, February 26th. Analysts expect AutoCanada to post earnings of $0.3439 per share and revenue of $1.1234 billion for the quarter.

AutoCanada Stock Performance

AutoCanada stock opened at $22.07 on Friday. The stock’s 50-day moving average is $18.83 and its 200-day moving average is $19.80. AutoCanada has a 12 month low of $10.73 and a 12 month high of $25.60.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada restated a “sector perform” rating on shares of AutoCanada in a report on Monday, November 17th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, AutoCanada currently has a consensus rating of “Moderate Buy”.

AutoCanada Company Profile

AutoCanada Inc is an independent multi-location automotive dealership group headquartered in Edmonton, Alberta. The company operates a network of franchised retail dealerships, pre-owned vehicle outlets and collision repair centers. AutoCanada’s dealerships represent leading national and international original equipment manufacturers (OEMs), offering new vehicles as well as certified pre-owned and used automobiles to retail customers. In addition to vehicle sales, the company provides parts and service operations, delivering maintenance, warranty work and genuine OEM parts for a variety of makes and models.

Founded in 2006 by automotive entrepreneur Paul Antony, AutoCanada has grown through strategic acquisitions and organic expansion.