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AutoCanada Inc. (ACQ-T)

94 watching

TSE:ACQ

17.66
0.05 (0.28%) 1d
Jun 2, 2023, 7:59 pm
0
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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

AutoCanada Inc.(ACQ-T)

04/05/2023
AutoCanada Inc.
Stockchase Research Editor: Michael O'Reilly

ACQ operates 85 auto dealerships in Canada and also in Illinois.  They also operate service and repair centres, which processed 900,000 orders in 2022.  Recently reported earnings showed an almost doubling of net income.  It trades at 7x earnings, 1.1x book value and supports an 18% ROE.  Cash reserves were steady, despite aggressively retiring debt and buying back stock.  We recommend a stop-loss at $13, looking to achieve $30 -- upside over 75%.  Yield 0%  

(Analysts’ price target is $35.31)
specialty stores
The Panic-Proof Portfolio (Stockchase Research)
$16.730
Unknown
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DON'T BUY

AutoCanada Inc.(ACQ-T)

07/11/2022
AutoCanada Inc.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Struggling with broad market weakness. Investors are throwing in the towel. Has to prove it can meet expectations. Turnaround might be taking hold.
specialty stores
Stockchase Insights
$21.180
Unknown
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PAST TOP PICK

AutoCanada Inc.(ACQ-T)

14/09/2022
AutoCanada Inc.
(A Top Pick Sep 22/21, Down 44%) Underlying trends are still solid. Trades at 6x. The war in Ukraine, further supply problems, Fed really hiking. Super cheap. Company's buying back shares. You can add on dips, be patient for a 3-5 year horizon. No dividend.
specialty stores
Greg Newman
$27.300
Owned
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TOP PICK

AutoCanada Inc.(ACQ-T)

22/09/2021
AutoCanada Inc.
New vehicle growth is still 15% below 2019 levels, so there's still growth. He bought it at $43, and then it had a huge move yesterday. Still lots of upside. Solid balance sheet to fund acquisitions. 500 million new transactions in the pipeline. Digital strategy. Undemanding multiple of 8x. Still underowned. No dividend. (Analysts’ price target is $64.13)
specialty stores
Greg Newman
$49.860
Owned
UnlockRating
BUY

AutoCanada Inc.(ACQ-T)

07/09/2021
AutoCanada Inc.
It's a volatile name, so don't be expected by recent volatility. Supplying dealerships is a problem in the near future, given the global--but temporary--chip shortage. ACQ has good price momentum and a high ROI. PE is 11x. They had a strong recent beat. However, their balance sheet is a little stretched.
specialty stores
Jason Mann
$45.190
Owned
UnlockRating
BUY

AutoCanada Inc.(ACQ-T)

26/04/2021
AutoCanada Inc.

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Up 100% this year. A leveraged recovery play. EPS should more than double this year. Debt and execution is the main risk for the company. Balance sheet is heavily levered but its inventory has value. 20x earnings but it has beat estimates by 51%. Unlock Premium - Try 5i Free

specialty stores
Stockchase Insights
$48.800
Unknown
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BUY

AutoCanada Inc.(ACQ-T)

12/04/2021
AutoCanada Inc.
ROE is 15%. Earnings should rise and there should be 26% growth in 2022. Assuming the reopening happens, this is a buy. Meanwhile, the price of used cars is holding up extremely well.
specialty stores
Robert McWhirter
$32.640
No
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COMMENT

AutoCanada Inc.(ACQ-T)

09/04/2021
AutoCanada Inc.
Evaluates on reasonable valuation, good price trend and prefer lower volatility. For ACQ, it has good price momentum and good value characteristics. 7.5x cashflow. Debt is a bit heavy. With less debt, he would look closer at it.
specialty stores
Jason Mann
$32.330
No
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DON'T BUY

AutoCanada Inc.(ACQ-T)

23/09/2020
AutoCanada Inc.

A long drive ahead of it. Not the best brands in their dealership package. Overextended, so it's having a garage sale. Exposed to the west, which is struggling. Canadian consumer is one of the most indebted in the OECD. Economic cycle is still questionable. An alternative is APR.UN, with about an 8% yield. They own the dealership buildings and property and lease them. Attractive proposition.

specialty stores
John O'Connell, CFA
$16.500
Unknown
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HOLD

AutoCanada Inc.(ACQ-T)

06/01/2020
AutoCanada Inc.
He has recommended the stock. It has been a poor performer over the last few years. They released more positive earnings recently, rocketed to $14 and then pulled back to $12. Their acquisition in the US went quite poorly and the management team was discarded a year ago. It is a show me story for the market. Quantitative investors are looking at it now and boosting it. He may be looking to exit in the future but there is no reason to well at these levels. The dividend is well protected. (Analysts’ price target is $14.00)
specialty stores
Ryan Bushell
$12.320
Owned
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PARTIAL SELL

AutoCanada Inc.(ACQ-T)

19/11/2019
AutoCanada Inc.
It peaked in 2014 and has fallen way off. Doesn't see a catalyst to move it higher and, no, he doesn't buy a stock on the way down. He would lighten up this position.
specialty stores
Elliott Fishman
$12.760
Unknown
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BUY ON WEAKNESS

AutoCanada Inc.(ACQ-T)

18/11/2019
AutoCanada Inc.
Last year was a disaster for them. A US acquisition turned out not good and management was fired. This stock had a big run-up last week after results were released. Management is turning this company around. It is still undervalued. Average down at $10-$10.50 range. (Analysts’ price target is $23.63)
specialty stores
Ryan Bushell
$12.730
Owned
UnlockRating
DON'T BUY

AutoCanada Inc.(ACQ-T)

26/07/2019
AutoCanada Inc.
He shorted this. It's fallen too far for him to short again. A beaten-up stock. They have negative ROE and EBITDA, so they'll have trouble covering their huge debt. The stock may be worthless if they re-structure. Maybe they climb out of this hole, but they could recover.
specialty stores
Jason Mann
$9.100
No
UnlockRating
DON'T BUY

AutoCanada Inc.(ACQ-T)

10/06/2019
AutoCanada Inc.
The economy in Edmonton is not great. Car selling is competitive. ACQ-T has a lot of management turnover. He would not be into it.
specialty stores
Fabrice Taylor
$11.560
No
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PAST TOP PICK

AutoCanada Inc.(ACQ-T)

27/02/2019
AutoCanada Inc.
(A Top Pick Mar 12/18, Down 36%) Pretty much anything that could go wrong did go wrong. They overpaid for an acquisition that caused a lot of problems. He bought more on a pullback and has helped reduce the pain. He thinks the future still remains bright and will continue to hold on.
specialty stores
Ryan Bushell
$12.980
Owned
UnlockRating
Showing 1 to 15 of 199 entries
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AutoCanada Inc.(ACQ-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for AutoCanada Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

AutoCanada Inc.(ACQ-T) Frequently Asked Questions

What is AutoCanada Inc. stock symbol?

AutoCanada Inc. is a Canadian stock, trading under the symbol ACQ-T on the Toronto Stock Exchange (ACQ-CT). It is usually referred to as TSX:ACQ or ACQ-T

Is AutoCanada Inc. a buy or a sell?

In the last year, 2 stock analysts published opinions about ACQ-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for AutoCanada Inc..

Is AutoCanada Inc. a good investment or a top pick?

AutoCanada Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for AutoCanada Inc..

Why is AutoCanada Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is AutoCanada Inc. worth watching?

2 stock analysts on Stockchase covered AutoCanada Inc. In the last year. It is a trending stock that is worth watching.

What is AutoCanada Inc. stock price?

On 2023-06-02, AutoCanada Inc. (ACQ-T) stock closed at a price of $17.66.

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