Even if the bottom line meets expectations without beating, the buybacks alone give some boost to the price. Cash rich business with long-term growth prospect |
Notice of Results
Auto Trader Group plc, (LSE: AUTO), the UK's largest digital automotive marketplace, will be announcing its full year results for the year ended 31 March 2017 on Thursday 8 June 2017. |
The problem with using just ARPR is we don't know how many have been sold and new entrants arrived. Auto makes the same amount from ads regardless how quickly a vehicle is sold ;) |
Downgraded to underperform by Credit Suisse to 360p It's covered on FT Markets Live:
"Downgrade to Underperform: We downgrade AutoTrader (AUTOA) to
Underperform and reduce our target price to 360p (from 390p) as we believe
the current valuation doesn't correctly reflect short-medium term risks around
the cycle, with (Average Revenue Per Retailer) ARPR gains likely to become
harder to obtain and longer term risks around autonomous vehicles" |
Profit warning ?? |
Looks like an opportunity to get in here today! |
Anyone know how many shares will be purchased back and how what level are we ? |
Revving up today :-) |
Almost took at last break but down we go again |
Liberium reiterate BUY and 530p target |
Interesting
Auto Retail Live: Q1 Targets Briefing
3:00pm, 2nd February 2017
Auto Trader has partnered with the Auto Retail Network to bring you its first live, online business briefing, Auto Retail Live: Q1 Targets, which will look at trade market performance in 2016, the impact of Brexit and what we can expect during the year ahead.
Taking place at 3:00pm on Thursday 2nd February, the 30 minute webcast will feature an exclusive panel of senior industry experts, answering your questions and sharing their key insight and advice to help you meet your targets in 2017.
Nathan Coe, Auto Trader's Operations Director, will join Nigel McMinn, Managing Director of Lookers motors division and Mark Squires, former Chief Executive of Benfield, and now Chairman of the NFDA. The session will be hosted by Al Clarke.
To register for this live webcast...
Follow the #ARNlive hashtag for updates. |
GS start coverage today with a buy rating on AUTOTRADER |
Cannacord reiterate BUY. up target to 456p from 395p |
Just outside the top 100 ranking as is RMV. Such a dominant position in it's marketplace. Buy backs starting now - has done wonders for RMV. Premium rating deserved here - might add more. dyor
Auto Trader: An Excellent First Year |
mkt cap 4,180m .. could it be moving into ftse 100 any time soon?? |
Peel Hunt retains BUY and 445p target |
Auto Trader: full speed ahead
Auto Trader shares have climbed more than 3 per cent this morning, after the largest UK used car sales website put its foot to the floor, driving up profits and sales amid decent consumer confidence and easy car credit conditions.
The group’s pre-tax profits leapt to from £10.9m last year to £155m in the year to March, thanks to rising revenues and a £107.6m fall in its own finance costs.
The company, whose shares have climbed 48 per cent since its IPO in March 2015, said its revenues rose 10 per cent to £281.6m.
It highlighted “consumer confidence and economic recovery” as a catalyst for its performance, but also said:
The availability of competitive and diverse finance options (often heavily incentivised) has made it easier than ever to secure bespoke and affordable funding arrangements for new or used cars. |
Results this Thursday. Price moving nicely ahead. dyor |
Worth a read >> An open letter to Auto Trader: https://www.linkedin.com/pulse/open-letter-autotrader-jim-reid |
Auto Trader Group plc, (LSE: AUTO), the UK's largest digital automotive marketplace, will be announcing its full year results for the year ended 27 March 2016 on the morning of Thursday 9 June 2016. |
Peel Hunt upgrades to BUY and sets 445p target |
Added more today. AUTO is a gorilla in it's sector. Run it for a few years imo |
well, the share price has held up pretty well considering the massive placing.
Not sure if now is time to invest so I will leave it a few days to see how it holds. |
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