ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

ATG Auction Technology Group Plc

493.00
-37.00 (-6.98%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Auction Technology Group Plc ATG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-37.00 -6.98% 493.00 16:35:22
Open Price Low Price High Price Close Price Previous Close
515.00 502.00 531.00 493.00 530.00
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Auction Technology ATG Dividends History

No dividends issued between 25 Apr 2014 and 25 Apr 2024

Top Dividend Posts

Top Posts
Posted at 10/12/2023 09:42 by goingloco
Blackrock and Jupiter selling. And now the Chairman, Breon Corcoran, has wandered off. Well maybe not completely, he's non-exec, but he has taken a very big job, CEO at IG Group. ATG is not going to be in the forefront of his mind.
Posted at 02/5/2023 15:49 by likeawalrus
agreed, in fact I said as much on here in June. I use the-saleroom all the time to find auction items but the 6% internet charge means I always check to see if the auction house has its own free bidding platform as ATG charges are too high
Posted at 02/5/2023 12:04 by likeawalrus
as ATG develops the US acquisition and assuming it becomes a significant revenue source, we may see ATG list on otcmarkets in the US in the next year or two?
Posted at 08/1/2023 15:16 by tole
Berenberg 'bullish' on diversifying Auction TechnologyBerenberg believes there are 'multiple levers' that can be pulled at Auction Technology Group (ATG) to generate outperformance.Analyst Bharath Nagaraj retained his 'buy' recommendation and target share price of 900p on the provider of online auction marketplaces, which was trading flat at 795p.The stock has gained 13% since Nagaraj initiated coverage in September 'but this is after it briefly zoomed past our 900p price target and then declined on the back of softer guidance from the company for full-year 2023'.He said this was driven by 'non-operational metrics' such as interest rates and currency movements.'While total hammer value could be at risk given a decline in asset prices in recent months, we believe this can be largely offset,' he said.'Our view remains that Auction Technology Group is a strong multi-year growth story that is rapidly diversifying through new revenue streams, such as payments and marketing. Thus, we remain bullish on the name despite it trading at 28x price/earnings.'
Posted at 14/6/2022 12:08 by likeawalrus
ATG having a bad day, could be an opportunity at this level but I'm happy to wait as it still seems over priced to me, if there's a global stock market 'correction' in the near future I can see the share price dipping below 600p (but not for long)...fortune favours the brave!
Posted at 19/5/2022 17:08 by km18
Auction Tech Group plc (ATG) issued an impressive set of HY results this morning. Revenue was £57.7m, up 16% on a proforma basis year-on-year and up 67% on a reported basis, driven by resilient growth in Total Hammer Value as well as strong growth in value-add services. Adjusted EBITDA was £26.8m, up 58% year-on-year, profit before tax was £3.3m, compared to a loss of £22.6m in the same period last year. Management increased revenue growth guidance and now expect low double digit proforma revenue growth for FY22. Margin guidance remains unchanged and management remain confident of achieving medium-term targets of mid-teens plus proforma revenue growth and mid-high 40's Adjusted EBITDA margin percentages. So more solid growth and profitable growth. Valuation is the main cloud, forward PE ratio is nearly 37x and comfortably bottom quartile for the Software & IT Services sector. A solid, profitable and high growth business. But also expensive, one to monitor for now....

...from WealthOracleAM
Posted at 19/4/2022 10:20 by harry_david
Gilts yields are rising sharply. Very dangerous for stocks like ATG.
Cannot see yields settling back in this mood.
Posted at 08/3/2022 10:52 by srichardson8
When I briefly looked at the Summer 2021 acquisition cost of Platinum Partners, it looked extremely expensive to me. $500mn for a company with revenues to December 2020 of $31mn and EBITDA of $16.5mn. Revenues and market share were growing very well but in retrospect it still seems too steep to me even given the obvious transformation in the auctions business. Am I wrong or does one just need to be patient and back Blackrock's judgement? (Let's ignore the Ukraine and higher interest rates for a moment).There are lots of growth companies still years off making a profit and on higher price to sales multiples and ATG is at least in the black and growing? I can't find any research on this company though I see three brokers cover it and all have it currently on Buy with Stockopedia showing the next two years (9/21 7 9/22) as revenues £110 & 130mn and net £24 then 34+mn. Current market cap is £985mn.
Posted at 03/2/2022 05:14 by brummy_git
Paul Jourdan of Amati Global talks positively about ATG here (starts 11:50)

www.youtube.com/watch?v=0nJJIpsI9Uo
Posted at 02/12/2021 10:57 by thefartingcommie
Strong operational and financial results ahead of expectations as we continue to support the transformation of the auction industry

Financial Highlights

• Revenue of £70.1m, a 34% increase on an aggregate basis year-on-year, with growth achieved in all six of the Group's marketplaces

• Adjusted EBITDA of £31.8m, a margin of 45%

• Loss before tax of £27.3m after share-based payments expense and charges for exceptional items, primarily related to the IPO and acquisition of LiveAuctioneers and intangible asset amortisation

• Refinancing complete, with a five-year New Senior Facilities Agreement, including a $204.0m term loan for the LiveAuctioneers acquisition and $49.0m revolving credit facility

• Strong cash generation, with £30.4m of adjusted free cash flow in the period and a closing net cash position of £24.6m





Since my last update, ATG has announced the acquisition of LiveAuctioneers, which looks transformational. LiveAuctioneers is an A&A portal with a strong US presence. It also brings into the fold an established payments business, which ATG will be able to roll out across its whole customer base - both I&C and A&A. Numis has lifted its eps forecast by 12% to 19.1p for the current year to end September. For the following year, eps rises 25% to 26.8p. Keep buying.

Your Recent History

Delayed Upgrade Clock