Research Analysts Issue Forecasts for AutoCanada Q2 Earnings

AutoCanada Inc. (TSE:ACQ) – Analysts at National Bank Financial upped their Q2 2025 earnings estimates for AutoCanada in a report issued on Wednesday, March 19th. National Bank Financial analyst M. Sytchev now forecasts that the company will post earnings per share of $0.71 for the quarter, up from their prior estimate of $0.61. The consensus estimate for AutoCanada’s current full-year earnings is $2.43 per share. National Bank Financial also issued estimates for AutoCanada’s FY2025 earnings at $1.87 EPS and FY2026 earnings at $4.02 EPS.

A number of other analysts also recently issued reports on the stock. Acumen Capital upgraded shares of AutoCanada from a “hold” rating to a “speculative buy” rating and raised their price objective for the stock from C$20.00 to C$22.50 in a report on Friday. CIBC reduced their target price on shares of AutoCanada from C$17.00 to C$15.00 and set an “underperform” rating for the company in a research note on Thursday. Finally, Canaccord Genuity Group lifted their target price on shares of AutoCanada from C$17.00 to C$22.00 in a research note on Thursday. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, AutoCanada has a consensus rating of “Hold” and an average price target of C$19.98.

AutoCanada Stock Performance

TSE ACQ opened at C$17.52 on Friday. AutoCanada has a 52-week low of C$13.75 and a 52-week high of C$27.44. The company has a 50-day simple moving average of C$17.93 and a 200 day simple moving average of C$17.08. The company has a debt-to-equity ratio of 451.54, a quick ratio of 0.25 and a current ratio of 1.03. The company has a market capitalization of C$407.72 million, a PE ratio of -8.08, a price-to-earnings-growth ratio of 0.30 and a beta of 2.54.

About AutoCanada

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.