Matt Davies Buys 5,532 Shares of Auto Trader Group (LON:AUTO) Stock

Auto Trader Group plc (LON:AUTO) insider Matt Davies bought 5,532 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were acquired at an average price of GBX 452 per share, with a total value of £25,004.64.

Auto Trader Group Stock Performance

AUTO traded down GBX 29 during midday trading on Thursday, hitting GBX 467.30. 32,566,344 shares of the company were exchanged, compared to its average volume of 32,305,139. The company’s 50 day simple moving average is GBX 488.77 and its 200 day simple moving average is GBX 549.88. The firm has a market capitalization of £3.81 billion, a price-to-earnings ratio of 14.05, a price-to-earnings-growth ratio of 3.99 and a beta of 0.69. The company has a current ratio of 1.77, a quick ratio of 1.50 and a debt-to-equity ratio of 10.48. Auto Trader Group plc has a 1-year low of GBX 445.80 and a 1-year high of GBX 920.

Auto Trader Group (LON:AUTO) last issued 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 return on equity of 51.86% and a net margin of 47.69%.The business had revenue of £624.30 million during the quarter. As a group, sell-side analysts predict that Auto Trader Group plc will post 32.7973074 earnings per share for the current year.

Analyst Ratings Changes

AUTO has been the topic of several recent research reports. Citigroup lowered their price objective on Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating for the company in a research note on Friday, March 27th. UBS Group reissued a “sell” rating and set a GBX 470 price target on shares of Auto Trader Group in a report on Monday. Finally, JPMorgan Chase & Co. dropped their price target on shares of Auto Trader Group from GBX 630 to GBX 515 and set an “underweight” rating on the stock in a research report on Thursday, March 19th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of GBX 598.40.

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.