AUTO LN

Auto Trader Group PLC

TMT, Consumer, Industrial/Transportation


Presented:11/10/2017
Price:£3.32
Cap:$4.98B
Current Price:£8.78
Cap:$12.06B

Presented

Date11/10/2017
Price£3.32
Market Cap$4.98B
Ent Value$6.47B
P/E Ratio21.25x
Book ValueN/A
Div Yield2.11%
Shares O/S975.06M
Ave Daily Vol4,581,725
Short IntN/A

Current

Price£8.78
Market Cap$12.06B
Auto Trader Group Plc engages in the digital automotive business. It offers online procurement site for automotive. The company sells cars, bikes, vans, motor homes, caravans, and trucks. It also offers automotive insurance products. The company was founded in 1977 and is headquartered in Manchester, the United Kingdom.

Publicly traded companies mentioned herein: Auto Trader Group PLC (AUTO LN), CarGurus Inc (CARG), Cars.com Inc (CARS), Schibsted ASA (SCHA NO)

Highlights

The presenter is short shares of Auto Trader (AUTO LN), seeing meaningful competition in the near future that will threaten AUTO LN’s near monopoly position, and pressure margins as a result. Should his thesis prove correct, AUTO LN shares can trade down as much as 60% over the next 12 – 24 months, as competitors enter the market and put pressures on top line, pricing, and advertising costs.

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Idea Discussion

Commentor 1 - 2 weeks ago

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