Auto Trader Group (LON:AUTO) Insider Acquires £50,358 in Stock

Auto Trader Group plc (LON:AUTO) insider Megan Quinn purchased 10,900 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was bought at an average cost of GBX 462 per share, with a total value of £50,358.

Auto Trader Group Trading Down 3.0%

Shares of LON:AUTO opened at GBX 439.20 on Tuesday. Auto Trader Group plc has a 12-month low of GBX 431.40 and a 12-month high of GBX 920. The company has a market capitalization of £3.58 billion, a PE ratio of 13.21, a PEG ratio of 3.99 and a beta of 0.69. The business has a 50 day moving average of GBX 486.82 and a two-hundred day moving average of GBX 543. The company has a current ratio of 1.73, a quick ratio of 1.50 and a debt-to-equity ratio of 50.60.

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

Analysts Set New Price Targets

AUTO has been the subject of several research analyst reports. Berenberg Bank reduced their target price on Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating for the company in a research note on Tuesday. Deutsche Bank Aktiengesellschaft reduced their target price on Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating for the company in a research note on Friday, March 27th. JPMorgan Chase & Co. reduced their target price on Auto Trader Group from GBX 515 to GBX 445 and set an “underweight” rating for the company in a research note on Friday. UBS Group reaffirmed a “sell” rating and set a GBX 470 target price on shares of Auto Trader Group in a research note on Monday, May 18th. Finally, Citigroup decreased their target price on Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Auto Trader Group currently has an average rating of “Reduce” and a consensus target price of GBX 553.40.

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.