Auto Trader Group (LON:AUTO) Reaches New 12-Month Low – Time to Sell?

Auto Trader Group plc (LON:AUTO)’s share price hit a new 52-week low during trading on Friday . The stock traded as low as GBX 445.60 and last traded at GBX 448.59, with a volume of 32979027 shares trading hands. The stock had previously closed at GBX 452.60.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on AUTO shares. Citigroup cut their price target on Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. JPMorgan Chase & Co. cut their target price on Auto Trader Group from GBX 630 to GBX 515 and set an “underweight” rating on the stock in a research note on Thursday, March 19th. UBS Group reiterated a “sell” rating and issued a GBX 470 target price on shares of Auto Trader Group in a research note on Monday. Finally, Deutsche Bank Aktiengesellschaft cut their target price on Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating on the stock in a research note on Friday, March 27th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of GBX 598.40.

Auto Trader Group Price Performance

The firm has a market cap of £3.68 billion, a PE ratio of 13.58, a price-to-earnings-growth ratio of 3.99 and a beta of 0.69. The company has a quick ratio of 1.50, a current ratio of 1.77 and a debt-to-equity ratio of 10.48. The stock has a 50 day moving average price of GBX 488.20 and a two-hundred day moving average price of GBX 547.55.

Auto Trader Group (LON:AUTO) last posted its quarterly earnings data on Thursday, May 21st. The company reported GBX 34.17 earnings per share (EPS) for the quarter. Auto Trader Group had a net margin of 47.69% and a return on equity of 51.86%. The firm had revenue of £624.30 million for the quarter. As a group, equities analysts expect that Auto Trader Group plc will post 32.7973074 earnings per share for the current year.

Insider Activity

In related news, insider Amanda James acquired 5,477 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were purchased at an average price of GBX 454 per share, for a total transaction of £24,865.58. Also, insider Matt Davies acquired 5,532 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were bought at an average price of GBX 452 per share, for a total transaction of £25,004.64. Corporate insiders own 3.31% of the company’s stock.

Auto Trader Group Company Profile

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.