Auto Trader Group (LON:AUTO) Reaches New 12-Month Low – Time to Sell?

Auto Trader Group plc (LON:AUTO) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 445.60 and last traded at GBX 448.59, with a volume of 32979027 shares traded. The stock had previously closed at GBX 452.60.

Analyst Ratings Changes

A number of analysts recently issued reports on AUTO shares. UBS Group restated a “sell” rating and issued a GBX 470 price target on shares of Auto Trader Group in a research report on Monday. JPMorgan Chase & Co. lowered their price target on Auto Trader Group from GBX 630 to GBX 515 and set an “underweight” rating for the company in a research report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft lowered their price target 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. Finally, Citigroup lowered their price target on Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of GBX 598.40.

Auto Trader Group Stock Performance

The firm has a market capitalization of £3.68 billion, a P/E ratio of 13.58, a P/E/G ratio of 3.99 and a beta of 0.69. The firm has a 50-day moving average price of GBX 488.20 and a two-hundred day moving average price of GBX 547.55. The company has a debt-to-equity ratio of 10.48, a current ratio of 1.77 and a quick ratio of 1.50.

Auto Trader Group (LON:AUTO) last released its earnings results on Thursday, May 21st. The company reported GBX 34.17 earnings per share for the quarter. Auto Trader Group had a return on equity of 51.86% and a net margin of 47.69%.The business had revenue of £624.30 million during the quarter. On average, analysts forecast that Auto Trader Group plc will post 32.7973074 EPS for the current fiscal year.

Insider Buying and Selling at Auto Trader Group

In other news, insider Amanda James purchased 5,477 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were purchased at an average price of GBX 454 per share, for a total transaction of £24,865.58. Also, insider Matt Davies purchased 5,532 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were purchased at an average price of GBX 452 per share, for a total transaction of £25,004.64. Company insiders own 3.31% of the company’s stock.

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.