Autocanada Stock Today

ACQ Stock  CAD 18.79  0.04  0.21%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 28

 
High
 
Low
Below Average
Autocanada is selling at 18.79 as of the 30th of November 2024; that is 0.21 percent increase since the beginning of the trading day. The stock's open price was 18.75. Autocanada has about a 28 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Autocanada are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
Category
Consumer Cyclical
Classification
Consumer Discretionary
AutoCanada Inc., through its subsidiaries, operates franchised automobile dealerships in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nova Scotia, and New Brunswick, Canada and Illinois, the United States. AutoCanada Inc. was incorporated in 2009 and is headquartered in Edmonton, Canada. The company has 23.14 M outstanding shares of which 311.89 K shares are presently shorted by private and institutional investors with about 13.11 days to cover all short positions. More on Autocanada

Moving against Autocanada Stock

  0.6AEMC Alaska Energy MetalsPairCorr
  0.57CMC Cielo Waste SolutionsPairCorr
  0.46EOG Eco Atlantic OilPairCorr

Autocanada Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Autocanada's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Autocanada or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanPaul Antony
Business ConcentrationAutomotive Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, Consumer Discretionary, Specialty Retail, Auto & Truck Dealerships, Consumer Cyclical (View all Sectors)
Autocanada's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Autocanada's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Autocanada can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Autocanada's financial leverage. It provides some insight into what part of Autocanada's total assets is financed by creditors.
Liquidity
Autocanada cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Autocanada has accumulated 2.23 B in total debt with debt to equity ratio (D/E) of 4.73, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Autocanada has a current ratio of 0.95, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Autocanada until it has trouble settling it off, either with new capital or with free cash flow. So, Autocanada's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Autocanada sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Autocanada to invest in growth at high rates of return. When we think about Autocanada's use of debt, we should always consider it together with cash and equity.

Depreciation

61.95 Million
Autocanada (ACQ) is traded on Toronto Exchange in Canada and employs 21 people. Autocanada is listed under Automotive Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 434.83 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Autocanada's market, we take the total number of its shares issued and multiply it by Autocanada's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Autocanada operates under Specialty Retail sector and is part of Consumer Discretionary industry. The entity has 23.14 M outstanding shares of which 311.89 K shares are presently shorted by private and institutional investors with about 13.11 days to cover all short positions. Autocanada has accumulated about 0 in cash with 119.53 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.86.
Check Autocanada Probability Of Bankruptcy
Ownership Allocation
Autocanada holds a total of 23.14 Million outstanding shares. Over half of Autocanada's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Autocanada. Please watch out for any change in the institutional holdings of Autocanada as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Autocanada Ownership Details

Autocanada Risk Profiles

Although Autocanada's alpha and beta are two of the key measurements used to evaluate Autocanada's performance over the market, the standard measures of volatility play an important role as well.

Autocanada Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Autocanada without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Insider Screener Now

   

Insider Screener

Find insiders across different sectors to evaluate their impact on performance
All  Next Launch Module

Autocanada Corporate Directors

Elias OlmetaIndependent DirectorProfile
Barry JamesIndependent DirectorProfile
Stephen GreenIndependent DirectorProfile
Dennis DesRosiersIndependent DirectorProfile

Other Information on Investing in Autocanada Stock

Autocanada financial ratios help investors to determine whether Autocanada Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Autocanada with respect to the benefits of owning Autocanada security.