Turners Automotive Group Limited
AU:
TRA
-
AUD
AUTO & TRUCK DEALERSHIPS
A$2.85
0.00%
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Turners Automotive Group Limited is an auto & truck dealerships business based in Australia. Turners Automotive Group shares (TRA) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Turners Automotive Group has a trailing 12-month revenue of around $296.7 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Turners Automotive Group
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Turners Automotive Group . Find the share by name or ticker symbol: TRA. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Turners Automotive Group reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Turners Automotive Group . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
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What's in this guide?
- Turners Automotive Group key stats
- Compare share trading platforms
- Is Turners Automotive Group stock a buy or sell?
- Turners Automotive Group performance over time
- Are Turners Automotive Group shares over-valued?
- Turners Automotive Group 's financials
- How volatile are Turners Automotive Group shares?
- Does Turners Automotive Group pay a dividend?
- Other common questions
Turners Automotive Group stock price (ASX:TRA)
Use our graph to track the performance of TRA stocks over time.Turners Automotive Group shares at a glance
Information last updated 2021-09-24.
| 52-week range | $1.8558 - $2.85 |
|---|---|
| 50-day moving average | $2.85 |
| 200-day moving average | $2.85 |
| Target price | N/A |
| PE ratio | 9.375 |
| Dividend yield | $0.2 (7.02%) |
| Earnings per share (TTM) | $0.304 |
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Is it a good time to buy Turners Automotive Group stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Turners Automotive Group price performance over time
Historical closes compared with the last close of A$2.85
| 1 week (2021-09-20) | 2.85 |
|---|---|
| 1 month (2021-08-27) | 2.85 |
| 3 months (2021-06-25) | 2.85 |
| 6 months (2021-03-26) | 2.85 |
| 1 year (2020-09-25) | 42.50% |
|---|---|
| 2 years (2019-09-27) | 31.94% |
| 3 years (2018-09-27) | -5.00% |
Is Turners Automotive Group under- or over-valued?
Valuing Turners Automotive Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Turners Automotive Group 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Turners Automotive Group 's P/E ratio
Turners Automotive Group 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Turners Automotive Group shares trade at around 9x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Turners Automotive Group 's EBITDA
Turners Automotive Group 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $45.6 million (£0.0 million).
The EBITDA is a measure of a Turners Automotive Group 's overall financial performance and is widely used to measure a its profitability.
Turners Automotive Group financials
| Revenue TTM | $296.7 million |
|---|---|
| Operating margin TTM | 13.98% |
| Gross profit TTM | $117.2 million |
| Return on assets TTM | 3.63% |
| Return on equity TTM | 11.77% |
| Profit margin | 9.05% |
| Book value | 2.73 |
| Market capitalisation | $367 million |
TTM: trailing 12 months
Turners Automotive Group share dividends
Dividend payout ratio: 67.41% of net profits
Recently Turners Automotive Group has paid out, on average, around 67.41% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.89% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Turners Automotive Group shareholders could enjoy a 6.89% return on their shares, in the form of dividend payments. In Turners Automotive Group 's case, that would currently equate to about A$0.2 per share.
Turners Automotive Group 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 12 July 2021 (the "ex-dividend date").
Turners Automotive Group share price volatility
Over the last 12 months, Turners Automotive Group 's shares have ranged in value from as little as $1.8558 up to $2.85. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Turners Automotive Group 's is 1.0924. This would suggest that Turners Automotive Group 's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Turners Automotive Group overview
Turners Automotive Group Limited engages in the automotive retail business in New Zealand and Australia. It operates through: Automotive Retail, Finance, Credit Management, and Insurance segments. The Automotive retail segment engages in the purchasing and remarketing of motor vehicles, trucks, heavy machinery, and commercial goods. The Finance segment provides asset-based finance to consumers and SME's. The Credit Management segment provides collection services, credit management, and debt recovery services to the corporate and SME sectors. The Insurance segment engages in the marketing and administration of a range of life and consumer insurance products. Further, it is involved in trustee and auction businesses; property business; and provision of vehicle subscription services. The company was formerly known as Turners Limited and changed its name to Turners Automotive Group Limited in May 2017. Turners Automotive Group Limited was incorporated in 1984 and is based in Auckland, New Zealand.
Turners Automotive Group in the news
What Turners Automotive Group Limited's (NZSE:TRA) ROE Can Tell Us
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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