carsales.com.au Ltd

Carsales.com's principal activities consists of: online advertising services, which include classified advertising and display advertising services; data and research services, which include software, analysis, research and reporting, valuation services, website development and hosting as well as photography services; finance and related services, which include the Stratton Finance Pty Ltd subsidiary that provides finance arrangements for vehicles, boats, and other leisure items, vehicle procurement and other related services to customers; and international services, in which Co. has operations in overseas countries through both subsidiaries and equity accounted associate investments.
  • TickerCAR
  • ISINAU000000CAR3
  • ExchangeAustralian Securities Exchange
  • SectorMedia
  • CountryAustralia

CARSALES.COM LIMITED sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of CARSALES.COM LIMITED (AU), a company active in the Media Agencies industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date May 8, 2020, the closing price was AUD 14.26 and its potential was estimated at AUD 16.34.

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior

MarketLine Department

Penske Automotive Group Inc - Strategy, SWOT and Corporate Finance Report

Summary Penske Automotive Group Inc - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. KeyHighlights Penske Automotive Group Inc (PAG) is an international transportation company. The company operates automotive and commercial truck dealerships, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services. The company’s portfolio i...

Gareth James

Morningstar | Carsales.com Sensibly Sells Problematic Stratton Investment; Fair Value Maintained at AUD 14.50

We are pleased, but not particularly surprised, that narrow-moat Carsales.com has decided to sell its 50.1% shareholding in Stratton Finance. The company bought its Stratton shareholding in 2014 for AUD 60 million but the business has faced several challenges recently; including regulatory change, competition, and weak new cars sales caused by falling real estate prices and the associated wealth effect. The Stratton investment was impaired last December to about AUD 12 million, an immaterial value relative to Carsales.com’s market capitalisation of AUD 3.4 billion, and we expect Stratton to co...

Gareth James

Morningstar | Carsales.com Unlikely to Be Significantly Affected by New Car Sales Weakness

Carsales leverages its audiences to extract value for car manufacturers eager to inform potential car buyers of their products. Carsales not only attracts the largest audience of buyers and sellers of motor vehicles, but also offers a highly engaged audience to advertisers. This is a significant competitive advantage and is attractive to the vehicle industry because vendors can now target their advertising expenditure directly to potential customers, rather than the scatter-gun approach through print and TV media. We expect Carsales can attract a disproportionate share of the car advertising m...

1 director bought

A director at Carsales.Com Limited bought 4,395 shares at 11.395AUD and the significance rating of the trade was 57/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names o...

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior