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Investor Insights

This summary was created by AI, based on 8 opinions in the last 12 months.

AutoCanada Inc. (ACQ-T) is an operator of auto dealership franchises with a network of 65 locations in North America. The company has been steadily growing its cash reserves while aggressively retiring debt and buying back shares. Recent earnings reports have shown strong increases in net income and earnings per share, leading to high upside potential and positive analyst price targets. ACQ is currently trading at a low multiple of earnings and under book value, making it an attractive option for investors looking for a undervalued stock with potential for growth.

Consensus
positive
Valuation
Undervalued
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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).

PAST TOP PICK
AutoCanada Inc.
(A Top Pick Sep 21/23, Down 7.6%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with ACQ has triggered its stop at $23.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment gain of 16%, when combined with our previous recommendations.  

specialty stores
premium

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).

PAST TOP PICK
AutoCanada Inc.
(A Top Pick Sep 21/23, Up 8.1%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with ACQ is progressing well.  To remain disciplined, we recommend trailing up the stop (from $21) to $23 at this time.  

specialty stores
premium

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.
Stockchase Research Editor: Michael O'Reilly

ACQ, who holds 65 auto locations and has over 15,000 vehicles in inventory, is reiterated as a TOP PICK.  Recently reported earnings showed a 30% increase in EPS.  Cash reserves are being prudently used to aggressively retire debt.  It trades at 7x earnings, 1.2x book and supports a 21% ROE.  We continue to recommend a stop at $21, looking to achieve $31 -- upside potential of 24%.  Yield 0%   

(Analysts’ price target is $31.50)
specialty stores
premium

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).

PAST TOP PICK
AutoCanada Inc.
(A Top Pick Aug 08/23, Up 38.3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with ACQ has achieved its target at $26.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $17) to $21.  

specialty stores
premium

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.
Stockchase Research Editor: Michael O'Reilly

With a network of 65 auto dealerships in North America, we reiterate ACQ as a TOP PICK.  It trades at 7x earnings, supports a 17% ROE and is right at book value.  Cash reserves are growing, while the company aggressively retires debt and buys back shares.  We recommend trailing up the stop (from $15) to $17, looking to achieve $26 -- upside potential of 23%.  Yield 0% 

(Analysts’ price target is $26.35)
specialty stores
premium

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.
Stockchase Research Editor: Michael O'Reilly

We reiterate ACQ as a TOP PICK.  Strong consumer demand and constraints on light vehicle supply have combined to create record industry profitability in the auto dealership sector.  Higher interest rates have taken away some of the momentum, but the company recently reported higher cash reserves, while they aggressively retired debt and bought back shares.  It trades under book value and 7x earnings.  We continue to recommend a stop-loss at $15, looking to achieve $26 -- upside potential of 31%.  Yield 0%

(Analysts’ price target is $26.35)
specialty stores
premium

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.
Stockchase Research Editor: Michael O'Reilly

We reiterate this operator of auto dealership franchises as a TOP PICK.  It trades at 7x earnings and under book value.  It supports a ROE of 19%.  Cash reserves are growing while debt is aggressively retired and shares bought back.  We recommend trailing up the stop (from $13) to $15, looking to achieve $26 -- upside potential of 40%.  Yield 0% 

(Analysts’ price target is $26.35)
specialty stores
premium

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.
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)
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DON'T BUY
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.
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PAST TOP PICK
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.
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TOP PICK
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)
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BUY
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.
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BUY
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

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BUY
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.
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COMMENT
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.
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Showing 1 to 15 of 206 entries

AutoCanada Inc.(ACQ-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

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, 3 stock analysts published opinions about ACQ-T. 3 analysts recommended to BUY the stock. 0 analysts 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?

3 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 2024-03-01, AutoCanada Inc. (ACQ-T) stock closed at a price of $21.43.