Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Auction Technology Group PLC ( (GB:ATG) ) has issued an announcement.
Auction Technology Group plc reported that its FY25 revenue and adjusted EBITDA are expected to align with revised market expectations, with revenue growth accelerating in the second half. The company anticipates a non-cash goodwill impairment due to macroeconomic conditions and a previous trading announcement. Looking ahead, ATG expects FY26 performance to meet current market expectations, with a focus on reducing adjusted net leverage.
The most recent analyst rating on (GB:ATG) stock is a Hold with a £336.00 price target. To see the full list of analyst forecasts on Auction Technology Group PLC stock, see the GB:ATG Stock Forecast page.
Spark’s Take on GB:ATG Stock
According to Spark, TipRanks’ AI Analyst, GB:ATG is a Neutral.
The overall stock score of 60 reflects a combination of solid financial performance and moderate valuation, offset by bearish technical indicators. The company’s strong profitability and stable financial structure are positive, but the downward price trend and lack of dividend yield present challenges. The absence of recent earnings call data and corporate events means these factors did not influence the score.
To see Spark’s full report on GB:ATG stock, click here.
More about Auction Technology Group PLC
Auction Technology Group plc (ATG) is a leading operator of auction and list price marketplaces, connecting millions of buyers with unique items. Operating across the Arts & Antiques and Industrial & Commercial sectors, ATG facilitates the sale of over 24 million unique secondary items annually, valued at over $13 billion, through ten branded online marketplaces. The company has offices in North America, the UK, Germany, and Mexico.
Average Trading Volume: 444,945
Technical Sentiment Signal: Sell
Current Market Cap: £380.3M
For an in-depth examination of ATG stock, go to TipRanks’ Overview page.