Latest news with #EagersAutomotiveLimited
Business Insider
6 days ago
- Automotive
- Business Insider
Canaccord Genuity Keeps Their Hold Rating on Eagers Automotive Limited (APE)
Canaccord Genuity analyst Andrew Hodge maintained a Hold rating on Eagers Automotive Limited (APE – Research Report) yesterday and set a price target of A$17.20. The company's shares opened today at A$17.86. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Hodge is a 2-star analyst with an average return of 1.7% and a 43.10% success rate. Hodge covers the Consumer Cyclical sector, focusing on stocks such as Eagers Automotive Limited, ARB Corporation , and Corporate Travel Management Limited. In addition to Canaccord Genuity, Eagers Automotive Limited also received a Hold from UBS's Timothy Piper in a report issued on May 30. However, on May 28, Morgans maintained a Buy rating on Eagers Automotive Limited (ASX: APE). Based on Eagers Automotive Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$5.73 billion and a net profit of A$89.08 million. In comparison, last year the company earned a revenue of A$5.03 billion and had a net profit of A$143.34 million Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is neutral on the stock.
Business Insider
30-05-2025
- Automotive
- Business Insider
Eagers Automotive Limited (APE) Gets a Hold from MA Financial Group
MA Financial Group analyst Sarah Mann maintained a Hold rating on Eagers Automotive Limited (APE – Research Report) on May 28 and set a price target of A$18.02. The company's shares opened today at A$17.49. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Mann is a 3-star analyst with an average return of 3.2% and a 40.28% success rate. The word on The Street in general, suggests a Hold analyst consensus rating for Eagers Automotive Limited with a A$16.97 average price target, which is a -2.97% downside from current levels. In a report released on May 26, UBS also maintained a Hold rating on the stock with a A$14.80 price target. Based on Eagers Automotive Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$5.73 billion and a net profit of A$89.08 million. In comparison, last year the company earned a revenue of A$5.03 billion and had a net profit of A$143.34 million Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is neutral on the stock.
Business Insider
29-05-2025
- Automotive
- Business Insider
Morgans Keeps Their Buy Rating on Eagers Automotive Limited (APE)
In a report released today, Scott Murdoch CFA from Morgans maintained a Buy rating on Eagers Automotive Limited (APE – Research Report), with a price target of A$19.15. The company's shares closed today at A$17.55. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Murdoch CFA is a 4-star analyst with an average return of 9.1% and a 50.89% success rate. Murdoch CFA covers the Financial sector, focusing on stocks such as Magellan Financial Group Ltd, HUB24 Limited, and GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh. In addition to Morgans, Eagers Automotive Limited also received a Buy from Macquarie's Sophia Mulligan in a report issued today. However, on May 26, UBS maintained a Hold rating on Eagers Automotive Limited (ASX: APE). APE market cap is currently A$4.61B and has a P/E ratio of 22.29.
Business Insider
08-05-2025
- Automotive
- Business Insider
Canaccord Genuity Reaffirms Their Buy Rating on Eagers Automotive Limited (APE)
Canaccord Genuity analyst Andrew Hodge maintained a Buy rating on Eagers Automotive Limited (APE – Research Report) on May 5 and set a price target of A$17.00. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Hodge is a 2-star analyst with an average return of 1.3% and a 41.07% success rate. Hodge covers the Consumer Cyclical sector, focusing on stocks such as ARB Corporation , Corporate Travel Management Limited, and Flight Centre Travel Group Limited. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Eagers Automotive Limited with a A$15.56 average price target. APE market cap is currently A$4.83B and has a P/E ratio of 23.06. Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is neutral on the stock.
Yahoo
17-03-2025
- Automotive
- Yahoo
Individual investors account for 43% of Eagers Automotive Limited's (ASX:APE) ownership, while private companies account for 36%
Eagers Automotive's significant individual investors ownership suggests that the key decisions are influenced by shareholders from the larger public A total of 12 investors have a majority stake in the company with 51% ownership Insiders have sold recently To get a sense of who is truly in control of Eagers Automotive Limited (ASX:APE), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are individual investors with 43% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Meanwhile, private companies make up 36% of the company's shareholders. In the chart below, we zoom in on the different ownership groups of Eagers Automotive. Check out our latest analysis for Eagers Automotive Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. Eagers Automotive already has institutions on the share registry. Indeed, they own a respectable stake in the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Eagers Automotive's earnings history below. Of course, the future is what really matters. Eagers Automotive is not owned by hedge funds. The company's largest shareholder is WFM Motors Pty Ltd, with ownership of 27%. For context, the second largest shareholder holds about 4.7% of the shares outstanding, followed by an ownership of 4.3% by the third-largest shareholder. A closer look at our ownership figures suggests that the top 12 shareholders have a combined ownership of 51% implying that no single shareholder has a majority. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our most recent data indicates that insiders own some shares in Eagers Automotive Limited. The insiders have a meaningful stake worth AU$123m. Most would see this as a real positive. If you would like to explore the question of insider alignment, you can click here to see if insiders have been buying or selling. The general public, who are usually individual investors, hold a 43% stake in Eagers Automotive. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. Our data indicates that Private Companies hold 36%, of the company's shares. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company. We can see that public companies hold 3.2% of the Eagers Automotive shares on issue. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Take risks for example - Eagers Automotive has 4 warning signs (and 1 which is concerning) we think you should know about. If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
