Auto Trader Group (LON:AUTO) Sets New 52-Week Low – Time to Sell?

Auto Trader Group plc (LON:AUTO)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 560.40 and last traded at GBX 563.20, with a volume of 2753300 shares. The stock had previously closed at GBX 569.40.

Analyst Ratings Changes

A number of brokerages have recently issued reports on AUTO. Citigroup reduced their price objective on shares of Auto Trader Group from GBX 924 to GBX 880 and set a “buy” rating for the company in a research note on Friday, November 28th. JPMorgan Chase & Co. lowered their price objective on Auto Trader Group from GBX 635 to GBX 630 and set an “underweight” rating on the stock in a research report on Monday, January 12th. Finally, Berenberg Bank cut their target price on Auto Trader Group from GBX 830 to GBX 665 and set a “buy” rating for the company in a research report on Friday, January 9th. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of GBX 725.

Auto Trader Group Price Performance

The firm has a market cap of £4.76 billion, a PE ratio of 16.91, a PEG ratio of 3.99 and a beta of 0.78. The firm has a fifty day simple moving average of GBX 614.85 and a two-hundred day simple moving average of GBX 735.37. The company has a debt-to-equity ratio of 6.26, a quick ratio of 1.50 and a current ratio of 1.66.

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