Watch Auto Trader Group (AUTO) by Royston Roche in The Motley Fool CLOSED

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  • Performance

    –

  • Price at start

    571.00p

    (bid)

  • Price at close

    566.20p

    (ask)

  • Tip made

    18/01/2021

  • Tip Status

    Closed

    19/01/2024

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Tip Notes

"... the company has a good brand image, decent revenue growth and good operating cash flows. However, Auto Trader shares trade at a price-to-earnings ratio of 34.51 and a price-to-sales ratio of 18.20, which looks too expensive for me to consider buying the shares right now. Instead, I’ll watch and wait for the share price to come down and offer an attractive buying opportunity when they’re better value." - Royston Roche, the Motley Fool

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