What is Cormark’s Forecast for AutoCanada Q2 Earnings?

AutoCanada Inc. (TSE:ACQ) – Research analysts at Cormark cut their Q2 2025 earnings per share estimates for shares of AutoCanada in a research report issued to clients and investors on Friday, November 15th. Cormark analyst D. Ocampo now expects that the company will post earnings of $0.60 per share for the quarter, down from their previous forecast of $0.75. The consensus estimate for AutoCanada’s current full-year earnings is $2.43 per share. Cormark also issued estimates for AutoCanada’s FY2025 earnings at $1.20 EPS.

ACQ has been the topic of a number of other research reports. Royal Bank of Canada reduced their price objective on AutoCanada from C$21.00 to C$18.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 14th. National Bankshares raised AutoCanada from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from C$17.00 to C$21.00 in a research note on Thursday. Canaccord Genuity Group reduced their price objective on AutoCanada from C$18.00 to C$15.00 and set a “hold” rating on the stock in a research note on Wednesday, August 14th. CIBC reduced their price objective on AutoCanada from C$15.50 to C$15.00 in a research note on Friday. Finally, Acumen Capital reduced their price objective on AutoCanada from C$21.50 to C$19.75 in a research note on Thursday, August 15th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of C$19.44.

AutoCanada Price Performance

Shares of ACQ stock opened at C$18.90 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 firm has a market cap of C$438.29 million, a price-to-earnings ratio of -12.04, a P/E/G ratio of 0.30 and a beta of 2.54. The stock’s fifty day simple moving average is C$15.56 and its 200 day simple moving average is C$17.65. AutoCanada has a one year low of C$13.75 and a one year high of C$27.44.

Insider Activity at AutoCanada

In related news, insider EdgePoint Investment Group Inc. acquired 37,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 18th. The stock was acquired at an average price of C$14.98 per share, for a total transaction of C$554,400.60. Over the last quarter, insiders purchased 119,500 shares of company stock worth $1,779,856. 4.90% of the stock is owned by insiders.

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.