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

Auto Trader Group plc (LON:AUTO) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 585 and last traded at GBX 585.40, with a volume of 1769816 shares changing hands. The stock had previously closed at GBX 586.60.

Analyst Upgrades and Downgrades

AUTO has been the subject of several recent research reports. Citigroup reduced their price objective on Auto Trader Group from GBX 924 to GBX 880 and set a “buy” rating for the company in a research report on Friday, November 28th. JPMorgan Chase & Co. increased their price objective on shares of Auto Trader Group from GBX 630 to GBX 635 and gave the stock an “underweight” rating in a research note on Wednesday, December 3rd. Finally, Berenberg Bank reissued a “hold” rating and issued a GBX 830 price objective on shares of Auto Trader Group in a report on Thursday, November 6th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 781.67.

Auto Trader Group Stock Down 0.2%

The company has a debt-to-equity ratio of 6.26, a current ratio of 1.66 and a quick ratio of 1.50. The company has a market cap of £5.01 billion, a price-to-earnings ratio of 17.61, a P/E/G ratio of 3.99 and a beta of 0.78. The firm has a 50-day moving average price of GBX 682.09 and a 200 day moving average price of GBX 761.49.

Auto Trader Group (LON:AUTO) last announced its 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%. Sell-side analysts predict that Auto Trader Group plc will post 32.7973074 EPS for the current year.

Auto Trader Group Company Profile

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.