- AutoCanada’s revenue from continuing operations for the third quarter was reported at C$1.20 billion, falling short of the estimated C$1.33 billion.
- The company reported a loss per share from continuing operations of C$0.14, compared to an estimated earnings per share of C$0.89.
- Adjusted EBITDA from continuing operations was slightly above expectations at C$58.1 million, compared to the estimate of C$57.9 million.
- Comparable sales decreased by 12.4% during the same period.
- Analyst recommendations for AutoCanada stock include 6 buys and 2 holds, with no current sell recommendations.
A look at AutoCanada Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
AutoCanada Inc, a retailer of automobiles in Canada, is positioned well for the long term based on the Smartkarma Smart Scores analysis. With strong scores in Value and Momentum at 4 each, the company appears to be undervalued and exhibiting positive price trends, which could lead to potential growth opportunities. However, its lower scores in Dividend and Growth at 1 and 2, respectively, suggest a need for improvement in these areas to attract income-focused and growth-oriented investors. Additionally, with a Resilience score of 3, AutoCanada Inc demonstrates moderate stability in the face of market fluctuations.
In summary, AutoCanada Inc, a dealership that sells a variety of American, European, and Asian automobiles in Canada, shows promise in terms of value and momentum but may need to focus on enhancing its dividend payouts and growth prospects to appeal to a wider range of investors. Its overall outlook, as indicated by the Smart Scores, suggests a mix of positive and challenging factors that should be considered by potential investors looking at the long-term prospects of the company.
Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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