Auto Trader Group (LON:AUTO) Sets New 12-Month Low - What's Next?

Auto Trader Group plc (LON:AUTO - Get Free Report)'s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 592.20 and last traded at GBX 592.96, with a volume of 3902607 shares traded. The stock had previously closed at GBX 596.Get Auto Trader Group alerts:Analyst Ratings ChangesSeveral research analysts recently issued reports on AUTO shares. Citigroup dropped their price objective on Auto Trader Group from GBX 924 to GBX 880 and set a "buy" rating on the stock in a research note on Friday, November 28th. JPMorgan Chase & Co. increased their price target on Auto Trader Group from GBX 630 to GBX 635 and gave the stock an "underweight" rating in a research report on Wednesday, December 3rd. Finally, Berenberg Bank restated a "hold" rating and set a GBX 830 price target on shares of Auto Trader Group in a research note on Thursday, November 6th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of GBX 781.67.Read Our Latest Research Report on Auto Trader GroupAuto Trader Group Price PerformanceThe company has a current ratio of 1.66, a quick ratio of 1.50 and a debt-to-equity ratio of 6.26. The firm has a market cap of £5.07 billion, a P/E ratio of 17.83, a PEG ratio of 3.99 and a beta of 0.78. The firm has a 50-day simple moving average of GBX 696.91 and a 200-day simple moving average of GBX 767.47. Auto Trader Group (LON:AUTO - Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The company reported GBX 17.26 EPS for the quarter. Auto Trader Group had a return on equity of 47.03% and a net margin of 45.00%. As a group, analysts forecast that Auto Trader Group plc will post 32.7973074 EPS for the current year. Auto Trader Group Company Profile (Get Free Report)About Auto Trader Auto Trader Group plc is the UK's largest automotive platform. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index. Auto Trader's purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices. With the largest number of car buyers and the largest choice of trusted stock, Auto Trader's marketplace sits at the heart of the UK car buying process.Recommended StoriesFive stocks we like better than Auto Trader GroupDo not delete, read immediatelyINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffCan Any Expenses Be Deducted From Capital Gains Tax?Buffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyThe Last Gold Bull Market This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Auto Trader Group Right Now?Before you consider Auto Trader Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Auto Trader Group wasn't on the list.While Auto Trader Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here