Auto Trader Group plc (LON:AUTO) Receives Consensus Recommendation of “Reduce” from Analysts

Shares of Auto Trader Group plc (LON:AUTO) have been assigned a consensus rating of “Reduce” from the six analysts that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 549.50.

Several analysts have issued reports on the company. UBS Group restated a “sell” rating and issued a GBX 470 price objective on shares of Auto Trader Group in a research note on Monday, May 18th. JPMorgan Chase & Co. reduced their target price on Auto Trader Group from GBX 445 to GBX 440 and set an “underweight” rating for the company in a research note on Wednesday, August 5th. Berenberg Bank decreased their target price on Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating on the stock in a report on Tuesday, May 26th. Finally, Royal Bank Of Canada decreased their target price on Auto Trader Group from GBX 830 to GBX 535 and set a “sector perform” rating on the stock in a report on Friday, July 17th.

Insider Activity

In other news, insider Matt Davies bought 5,643 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were purchased at an average cost of GBX 443 per share, with a total value of £24,998.49. Also, insider Jamie Warner sold 32,481 shares of Auto Trader Group stock in a transaction on Friday, July 17th. The shares were sold at an average price of GBX 497, for a total value of £161,430.57. Over the last ninety days, insiders have purchased 69,952 shares of company stock worth $31,918,459. Corporate insiders own 3.54% of the company’s stock.

Auto Trader Group Stock Up 0.5%

LON AUTO opened at GBX 522.80 on Tuesday. The firm has a market cap of £4.09 billion, a PE ratio of 15.34, a price-to-earnings-growth ratio of 3.99 and a beta of 0.69. Auto Trader Group has a one year low of GBX 418.60 and a one year high of GBX 831.20. The stock’s 50 day simple moving average is GBX 494.17 and its 200 day simple moving average is GBX 490.48. The company has a debt-to-equity ratio of 50.60, a current ratio of 1.73 and a quick ratio of 1.50.

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

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.