- AutoCanada’s revenue for the third quarter was C$1.63 billion, surpassing the estimate of C$1.54 billion.
- Comparable sales decreased by 3.3% during the same period.
- The company’s adjusted EBITDA was C$53.2 million, significantly beating the estimate of C$31.1 million.
- AutoCanada is advancing its strategic realignment in response to current market dynamics.
- Market analysts’ recommendations include 1 buy, 6 holds, and 1 sell for AutoCanada.
A look at AutoCanada Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 1 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
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 company that retails automobiles in Canada, shows a solid outlook based on a combination of various factors. With a high Value score of 5, the company is deemed to be undervalued compared to its peers, indicating potential for growth. However, the low Dividend score of 1 suggests that AutoCanada may not be a top choice for income-seeking investors.
When looking at growth potential, AutoCanada received a moderate score of 2, pointing to some room for improvement in expanding its market presence. In terms of Resilience and Momentum, the company scored 2 and 3 respectively, indicating an average ability to withstand economic downturns and a fair level of market momentum. Overall, AutoCanada Inc presents a mixed picture with strengths in value but areas of improvement in dividend and growth prospects.
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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