Q4 EPS Estimates for AutoCanada Decreased by Analyst

AutoCanada Inc. (TSE:ACQ) – Equities research analysts at National Bank Financial cut their Q4 2024 EPS estimates for shares of AutoCanada in a research report issued to clients and investors on Wednesday, January 22nd. National Bank Financial analyst M. Sytchev now forecasts that the company will post earnings per share of $0.04 for the quarter, down from their prior estimate of $0.35. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for AutoCanada’s current full-year earnings is $2.43 per share. National Bank Financial also issued estimates for AutoCanada’s Q4 2025 earnings at $0.22 EPS.

Several other equities research analysts have also commented on the stock. BMO Capital Markets lowered their price target on shares of AutoCanada from C$19.50 to C$19.00 in a report on Thursday, November 14th. CIBC upped their target price on AutoCanada from C$15.00 to C$16.00 and gave the stock an “underperform” rating in a research note on Monday, January 13th. Finally, National Bankshares raised AutoCanada from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from C$17.00 to C$21.00 in a report on Thursday, November 14th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of C$19.56.

AutoCanada Stock Down 0.8 %

TSE:ACQ opened at C$19.87 on Monday. The company has a debt-to-equity ratio of 444.38, a current ratio of 1.03 and a quick ratio of 0.25. The company’s fifty day moving average price is C$18.14 and its 200-day moving average price is C$16.92. AutoCanada has a 1-year low of C$13.75 and a 1-year high of C$27.44. The firm has a market capitalization of C$460.79 million, a P/E ratio of -12.66, a PEG ratio of 0.30 and a beta of 2.54.

AutoCanada Company Profile

AutoCanada Inc, through its subsidiaries, operates franchised automobile dealerships and related business. The company offers a range of automotive products and services, including new and used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, and extended service contracts; and vehicle protection, after-market products, and auction services.