Auto Trader Group (LON:AUTO) Insider Nathan Coe Purchases 11,000 Shares

Auto Trader Group plc (LON:AUTO) insider Nathan Coe purchased 11,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was acquired at an average cost of GBX 448 per share, for a total transaction of £49,280.

Auto Trader Group Stock Down 3.0%

Shares of LON:AUTO opened at GBX 439.20 on Tuesday. The stock’s 50-day moving average price is GBX 486.82 and its two-hundred day moving average price is 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 plc has a 12-month low of GBX 431.40 and a 12-month high of GBX 920. The firm has a market cap of £3.58 billion, a price-to-earnings ratio of 13.21, a PEG ratio of 3.99 and a beta of 0.69.

Auto Trader Group (LON:AUTO) last issued 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 firm had revenue of £624.30 million for the quarter. On average, research analysts forecast that Auto Trader Group plc will post 32.7973074 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. UBS Group reiterated a “sell” rating and set a GBX 470 target price on shares of Auto Trader Group in a report on Monday, May 18th. Deutsche Bank Aktiengesellschaft decreased their target price on Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating for the company in a report on Friday, March 27th. Citigroup decreased their target price on Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating for the company in a report on Thursday, April 9th. JPMorgan Chase & Co. decreased their target price on Auto Trader Group from GBX 515 to GBX 445 and set an “underweight” rating for the company in a report on Friday. Finally, Berenberg Bank decreased their target price on Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating for the company in a report on Tuesday. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Auto Trader Group 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.