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AutoCanada Sees Revenue Growth Amid Cost Transformation Efforts

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Confident Investing Starts Here:

AutoCanada ( (TSE:ACQ) ) has provided an announcement.

AutoCanada reported a revenue increase of 2.3% to $1,240.1 million in the first quarter of 2025 compared to the previous year, driven by strong new vehicle sales and collision repair, despite declines in used vehicle sales and parts and service. The company is actively working on cost transformation efforts to mitigate economic uncertainties, achieving significant savings and aiming for $100 million in annual run rate cost savings by the end of 2025.

The most recent analyst rating on (TSE:ACQ) stock is a Buy with a C$21.00 price target. To see the full list of analyst forecasts on AutoCanada stock, see the TSE:ACQ Stock Forecast page.

Spark’s Take on TSE:ACQ Stock

According to Spark, TipRanks’ AI Analyst, TSE:ACQ is a Neutral.

AutoCanada faces significant challenges with declining revenue and net income, high leverage, and poor valuation reflected in a negative P/E ratio. While Canadian operations show some strength and cost-saving initiatives are underway, the overall financial and technical outlook remains cautious. The stock’s mixed technical indicators and absence of dividends further limit its appeal.

To see Spark’s full report on TSE:ACQ stock, click here.

More about AutoCanada

AutoCanada Inc. is a multi-location North American automobile dealership group. The company operates in the automotive retail industry, focusing on the sale of new and used vehicles, parts and service, and collision repair.

Average Trading Volume: 16,250

Technical Sentiment Signal: Sell

Current Market Cap: C$447.4M

For a thorough assessment of ACQ stock, go to TipRanks’ Stock Analysis page.

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