Analysts Offer Predictions for AutoCanada FY2025 Earnings

AutoCanada Inc. (TSE:ACQ) – Analysts at Atb Cap Markets cut their FY2025 earnings per share estimates for AutoCanada in a research note issued on Sunday, November 16th. Atb Cap Markets analyst C. Murray now forecasts that the company will post earnings of $1.37 per share for the year, down from their prior estimate of $2.45. The consensus estimate for AutoCanada’s current full-year earnings is $2.43 per share.

A number of other analysts also recently issued reports on the stock. Royal Bank Of Canada dropped their target price on shares of AutoCanada from C$27.00 to C$23.00 and set a “sector perform” rating for the company in a research report on Friday, August 15th. ATB Capital decreased their price target on shares of AutoCanada from C$30.00 to C$25.00 in a research report on Monday. BMO Capital Markets raised shares of AutoCanada from a “hold” rating to an “outperform” rating and increased their price objective for the company from C$20.00 to C$40.00 in a research report on Thursday, August 14th. Acumen Capital lifted their target price on AutoCanada from C$30.50 to C$39.00 and gave the stock a “speculative buy” rating in a research report on Thursday, August 14th. Finally, Cibc World Mkts raised shares of AutoCanada from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, AutoCanada currently has a consensus rating of “Moderate Buy” and a consensus price target of C$33.14.

AutoCanada Stock Performance

AutoCanada stock opened at C$19.70 on Wednesday. The company has a market cap of C$456.06 million, a price-to-earnings ratio of -49.25, a price-to-earnings-growth ratio of 0.30 and a beta of 2.37. AutoCanada has a 12 month low of C$14.03 and a 12 month high of C$35.48. The company has a debt-to-equity ratio of 451.54, a current ratio of 1.03 and a quick ratio of 0.25. The stock’s 50-day moving average is C$28.62 and its 200-day moving average is C$26.36.

About AutoCanada

AutoCanada Inc operates car dealerships in Canada. The company offers new and used vehicles, spare parts, maintenance services, and customer financing. AutoCanada retails brands such as Chrysler, Dodge, Jeep, Ram, Cadillac, Chevrolet, Buick, GMC, Audi, Volkswagen, BMW, Mini, Infiniti, Nissan, Hyundai, Kia, Fiat, Mitsubishi, and Subaru.