image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

SIGN UP NOW
Updates

Auto Trader - This July ‘15 idea has gained 150%

January 2024

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • AUTO
  • Price:
  • 742p
Auto Trader shares jumped £1 to over £7 after its interim results came in ahead of expectations. The group, best known for autotrader.co.uk, the UK’s largest website for used cars, said revenues rose 12% to £280.5m (Numis forecast: £270m) with adjusted operating profit £179.3m (Numis: £173.9m). That leads to eps of 14.3p (Numis: 13.7p). The performance was driven by the core business with average revenue per vehicle retailer (ARPR) up 12% to £2,783 while the number of dealer customers rose 1% to 13,710. Its market leading position alongside the scalability of the model meant operating margins were an impressive 71%. Autorama, the leading platform for aggregating vehicle leasing deals, which was acquired in March 2022 for up ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

Auto Trader (August 2023)
Auto Trader - £200m acquisition of online car leasing marketplace (July 2022)
Auto Trader - Shares soar over £7 (January 2022)
Auto Trader (August 2021)
Auto Trader (February 2021)
Auto Trader (August 2020)
Auto Trader - Dominating the online used car market-place (June 2020)
Auto Trader - New share issue provides firepower to burn rivals (May 2020)
Auto Trader - Trading ahead of expectations (December 2019)
Auto Trader (August 2019)
Auto Trader (January 2019)
Auto Trader (August 2018)
Auto Trader (January 2018)
Auto Trader (August 2017)
Auto Trader - Operating margins soar 6% (February 2017)
Auto Trader - Massive fall in net debt (August 2016)
Auto Trader - Price target raised to 439p (April 2016)
Auto Trader - Shares hit new high (January 2016)
Auto Trader - Maiden results lead to upgrades (August 2015)
Auto Trader - Largest online market for second hand cars growing rapidly (July 2015)
Auto Trader - Largest online market place for cars enjoys strong debut (June 2015)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X