Autocanada Inc Stock Forecast:
Canaccord Capital raises the target price on Autocanada Inc to $40 from $35 and maintains the Buy rating on the company.
The average 12-month analyst target price for Autocanada Inc is CAD 36.11, according to 8 analysts’ stock projections for the company. The average analyst rating for Autocanada Inc. is Strong Buy. Autocanada Inc’s stock analysis by Stock Target Advisor is Very Bullish and is based on 18 positive and 1 negative signal. The stock price of Autocanada Inc. was CAD 22.35 at the most recent close. The stock price of Autocanada Inc. changed by -14.73% over the previous week, -13.51% over the previous month, and -39.53% over the previous year.
Fundamental Stock Analysis:
Positive Fundamentals:
Market capitalization is high:
This organization is among the top quartile and is one of the biggest in its industry. These businesses are typically more reliable.
Superior returns on risk:
In the top quartile, this stock has outperformed its sector rivals on a risk-adjusted basis over the course of at least a 12-month holding period.
Low turbulence:
For a hold duration of at least 12 months, the stock’s yearly returns have been stable and constant when compared to peers in its industry, and they are in the top quartile. Although stability is desirable, it can also restrict returns.
Outstanding total returns:
The stock is in the top quartile and has beaten its sector rivals over the previous five years (for a hold duration of at least 12 months).
A high dividend yield:
The stock has outperformed its industry rivals over the past 5 years (for a hold duration of at least 12 months) and is in the top percentile in terms of average annual dividend returns. For investors seeking high income yields, this could be an excellent purchase, especially if it is excelling on a total return basis.
Affordable given the earnings:
On a price to earnings metric, the stock is trading at a low price compared to its peers and is in the top quartile. Although it can be priced too low, be sure there isn’t a specific explanation by looking at its financial performance.
Priced below what the book would bear:
On a price to book value metric, the stock is trading at a low price compared to its peers and is in the top quartile. Although it can be priced too low, be sure there isn’t a specific explanation by looking at its financial performance.
Underpriced based on cash flow:
On a price to cash flow ratio, the stock is trading at a low price compared to its peers and is in the top quartile.
Excellent return on equity:
The management of the company has outperformed its competitors in terms of return on equity over the last four quarters, ranking it in the top quartile.
Superior capital efficiency:
In the last four quarters, firm management outperformed its counterparts in terms of return on invested capital, putting it in the top quartile.
Excellent return on assets:
The management of the company has outperformed its counterparts in terms of return on assets over the last four quarters, putting it in the top quartile.
Small debt:
The company is more flexible since it is less leveraged than its competitors and is in the top quartile.
A healthy cash flow:
The last four quarters saw positive total cash flow for the organization.
A favourable free cash flow:
The last four quarters saw the company generate positive total free cash flow.
Unreasonably cheap based on free cash flow:
On a price to free cash flow ratio, the stock is trading at a low price compared to its peers and is in the top quartile. Although it can be priced too low, be sure there isn’t a specific explanation by looking at its financial performance.
Superior growth in earnings:
In the preceding five years, this stock’s profits growth was in the top quartile for its industry.
Superior growth in revenue:
Compared to its industry, this stock’s revenue growth over the previous five years has been in the top quartile.
High Asset to Gross Profit Ratio: When compared to its rivals, this stock’s Gross Profit to Asset Ratio is in the top quartile. Value investors choose this metric because it exhibits superior long-term returns.
Negative Fundamentals:
Priced excessively based on free cash flow:
On a price to free cash flow basis, the stock is trading at a premium to that of its competitors. Its pricing is higher than the sector median.
Fundamental Analysis Conclusion:
Autocanada Inc. stock analysis scores a 9.5 out of 10, where 0 is very bearish and 10 is very optimistic, which suggests the stock is bullish.
