Research Analysts Issue Forecasts for AutoCanada Q2 Earnings

AutoCanada Inc. (TSE:ACQ) – Investment analysts at National Bank Financial boosted their Q2 2025 earnings estimates for AutoCanada in a research note 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.

Several other research analysts have also issued reports on ACQ. Acumen Capital raised shares of AutoCanada from a “hold” rating to a “speculative buy” rating and increased their target price for the stock from C$20.00 to C$22.50 in a research note on Friday. CIBC cut their target price on shares of AutoCanada from C$17.00 to C$15.00 and set an “underperform” rating on the stock in a research note on Thursday. Finally, Canaccord Genuity Group increased their target price on shares of AutoCanada from C$17.00 to C$22.00 in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, AutoCanada currently has an average rating of “Hold” and a consensus target price of C$19.98.

AutoCanada Stock Down 3.2 %

ACQ stock opened at C$17.52 on Friday. The firm has a market capitalization of C$407.72 million, a PE ratio of -8.08, a P/E/G ratio of 0.30 and a beta of 2.54. AutoCanada has a 12 month low of C$13.75 and a 12 month high of C$27.44. The company’s 50 day simple moving average is C$17.93 and its 200-day simple moving average is C$17.08. The company has a debt-to-equity ratio of 451.54, a current ratio of 1.03 and a quick ratio of 0.25.

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.