Should I buy Turners Automotive Group stock in 2025?

What is Turners Automotive Group?

How much is the Turners Automotive Group stock?

The price of Turners Automotive Group stock is rising this week. As of now, the share trades at NZ$6.50, up 5.18% over the last 24 hours and showing an impressive 8.3% gain for the week.

The company holds a market capitalisation of NZ$584.31 million, with an average three-month daily volume of 48,467 shares. Turners Automotive sits at a price/earnings ratio of 15.12, delivering a robust dividend yield of 5.81%, and features a low beta of 0.17, indicating very limited price volatility.

This stability, combined with strong growth momentum, positions Turners Automotive Group as a compelling option for NZ investors looking for both income and resilience.

Our full analysis on the Turners Automotive Group stock

After an in-depth review of Turners Automotive Group’s FY2025 results and a thorough assessment of the stock’s exceptional performance over the last three years, we have employed our proprietary algorithms—combining advanced financial metrics, technical data, sector trends, and peer analysis—to provide a multidimensional outlook. Turners Automotive Group now stands at a critical juncture, boasting robust earnings momentum and strong market positioning. So, why might Turners Automotive Group once again become a strategic entry point into New Zealand’s dynamic automotive and financial services sector in 2025?

Recent Performance and Market Context

Turners Automotive Group (TRA.NZ) has demonstrated considerable shareholder value creation, posting a 57.38% gain over the past 12 months, significantly outperforming the broader NZX index and most of its sectoral peers. The stock recently surged to NZ$6.50, an intraday advance of 5.18%, capping a week marked by an 8.3% gain and extending its six-month rally to nearly 21%.

Several positive events have reinforced investor confidence, notably the May 2025 release of annual results that exceeded analysts’ expectations by a notable 5.4% revenue beat. The appointment of longstanding CEO Todd Hunter as Executive Director further stabilises executive leadership and underlines strategic continuity. Equally important, the company announced an increase in its dividend to NZ$0.082 per share, reaffirming commitment to capital returns and income visibility.

From a macro perspective, New Zealand’s resilient post-pandemic economic recovery, strong consumer demand in auto retail, and supportive interest rate environment create fertile ground for Turners’ multidimensional business model. Sector tailwinds—such as digitalisation of automotive retail, growth in asset-based lending, and renewed focus on value-added credit and insurance products—provide a robust backdrop for further growth.

Technical Analysis

TRA.NZ is exhibiting classic bullish technical markers, as evidenced by several key metrics:

• Relative Strength Index (RSI 14): Currently at 73.55, indicating temporary overbought conditions. While such levels can sometimes precede consolidation, they also signal a robust uptrend supported by strong buying pressure.
• MACD (12,26): Stands at 0.10, presenting a clear buy signal and reinforcing the stock’s momentum.
• Moving Averages: The current price of NZ$6.50 comfortably exceeds all major moving averages—NZ$6.11 (20d), NZ$5.92 (50d), NZ$5.80 (100d), and NZ$5.25 (200d)—suggesting persistent, multi-timeframe buyer control.

Moreover, the confirmation of a “golden cross” pattern across these averages points to potential for further upside in the short and intermediate term. Key technical support clusters at NZ$5.75 reinforce downside protection, while the stock has just cleared immediate resistance at NZ$6.39, offering a possible springboard towards its 52-week high and beyond (target price consensus: NZ$8.45). The 52-week range (NZ$3.87 - NZ$6.50) illustrates substantial upward price migration and broad market endorsement.

Fundamental Analysis

Turners Automotive Group’s fundamentals underscore a narrative of accelerating quality growth and judicious capital allocation:

• Revenue and Profitability: FY2025 revenue held steady at NZ$414.2 million, but crucially, EBIT rose by 6% (to NZ$62.3 million) and net profits expanded by 17% (to NZ$38.6 million), highlighting strengthening margins and increased operating leverage. Earnings per share reached NZ$0.43, bolstering the case for dividend sustainability.
• Valuation Multiples: The stock’s trailing P/E of 15.12 situates it attractively relative to both its historical range and comparable firms (many trading at premium multiples due to secular growth assumptions). Recent outperformance and steady double-digit net profit growth support further multiple expansion.
• Dividend Yield: At 5.81%, Turners offers a premium yield—well above NZX and global industry averages—aligning the stock with both capital growth and income-oriented strategies.
• Structural Strengths: Turners is the NZ market leader in integrated automotive retail, finance, credit management, and insurance, deploying innovation to enhance the full customer value proposition. The brand’s strong reputation, expansive distribution, and proven digital execution capabilities underpin defensible market share and recurring revenues.

The only notable caveats— elevated leverage (debt/equity: 156%) and a dividend payout not fully covered by free cash flow—remain actively managed, in context of robust top-line growth and ongoing strategic investment.

Volume and Liquidity

Turners’ liquidity profile is both stable and conducive to efficient price discovery:

• Average Trading Volume: At approximately 48,467 shares daily over three months, Turners enjoys consistent and rising liquidity—mirrored by increased institutional flows alongside robust retail participation.
• Market Capitalisation: With a current cap of NZ$584.31 million and a public float of 59.34 million shares, there is an attractive balance between accessibility and scarcity, often a hallmark of sustainably appreciating equities in midcap spaces.
• Insider and Institutional Holdings: Management holds 14.34%, while institutional holders account for 6.05%, instilling alignment and bolstering market confidence.

Elevated and sustained turnover signals deepening investor conviction and supports an active, healthy market for new entrants and existing holders alike.

Catalysts and Positive Outlook

Several key catalysts are poised to drive Turners’ next phase of growth:

• Distribution Expansion & Acquisition: The recent acquisition of My Auto Shop and targeted expansion of the distribution network are expected to further diversify revenue and strengthen the group’s omnichannel model.
• Innovative Finance Solutions: Proprietary premium lending initiatives target a higher-tier customer base, enhancing yield and reinforcing market leadership across automotive finance.
• Accelerated Profit Ambition: The already ahead-of-schedule guidance to achieve NZ$65 million pre-tax profit by FY28 points to management’s operational discipline and ambition.
• ESG Progress: Commitment to sustainable lending, vehicle lifecycle optimisation, and transparency across finance and insurance functions positions Turners favourably amidst rising regulatory and investor scrutiny.
• Market Sentiment: The prevailing “Strong Buy” analyst consensus, supportive regulatory environment, and robust demand for used vehicles in NZ reflect a generalized optimism about sector and company-specific prospects.

These drivers, combined with the sector’s inherent defensive characteristics and Turners’ strategic flexibility, set the stage for further rerating.

Investment Strategies

Turners may appeal to a spectrum of investment horizons and strategies:

• Short-Term: Recent technical breakouts, strong support at NZ$5.75, and recent positive earnings surprise offer compelling conditions for tactical positions, particularly as the stock establishes new highs and momentum persists.
• Medium-Term: Investors may find attractive entry on any near-term retracements (e.g., technical pullbacks or sector-wide cooling), particularly with further catalysts ahead (e.g., results updates, M&A integration).
• Long-Term: The combination of industry leadership, ambitious profit targets, multi-channel scalability, and a robust dividend yield offers a powerful compounding story for patient investors. Further strategic expansion into Australia, improvement in balance sheet metrics, and digital innovation all reinforce the multi-year upside.

In all cases, a potential positioning at or near a technical “low,” especially if market volatility temporarily revisits core support levels, could offer an optimal risk-reward dynamic ahead of projected growth catalysts.

Is it the Right Time to Buy Turners Automotive Group?

Turners Automotive Group clearly demonstrates a remarkable blend of sustained earnings growth, technical strength, and credible long-range ambition. The recent outperformance, premium yield, solid profitability, and forward-looking management combine to justify renewed interest.

The current valuations—supported by steady revenue (NZ$414.2M), a forecast 8.76% annualised earnings growth, and a PE ratio still below expansion-phase tech sector comparables—point to continuing rerating potential. Strategic moves such as the acquisition of My Auto Shop, expansion across Australia/New Zealand, and product innovation reinforce Turners’ leadership, while robust volume dynamics underscore widespread investor conviction.

While vigilance is prudent regarding leverage and dividend coverage, the robust momentum, pragmatic management, and the plethora of sectoral and operational tailwinds support an optimistic outlook. Given the breadth and durability of its competitive edge, the stock seems to represent an excellent opportunity for a wide range of investors seeking exposure to New Zealand’s most dynamic listed automotive and financial services group.

With ambitious growth targets, a clear roadmap for expansion, and consistently positive technical and fundamental signals, Turners Automotive Group may well be at the threshold of a new bullish phase—one that serious market participants will want to closely monitor for both capital gains and resilient income streams.

In summary, Turners Automotive Group exemplifies the rare confluence of operational excellence, strategic clarity, and market momentum—an opportunity that stands out in today’s NZ equity landscape for investors prepared to take a constructive, forward-looking view.

How to buy Turners Automotive Group stock in New Zealand?

Buying Turners Automotive Group shares online is straightforward and secure when you use a regulated broker in New Zealand. Investors can choose between two main methods: spot (cash) buying—where you own actual shares on the NZX—or trading Contracts for Difference (CFDs), which let you speculate on price movements without owning the stock. Each approach offers distinct risk and reward profiles. On this page, you’ll find a broker comparison tool further down to help you weigh your options before investing.

Cash buying

A cash purchase means you buy Turners Automotive Group shares outright via a broker, becoming a part-owner of the company and eligible for any dividends. In New Zealand, most online brokers charge a fixed commission per order, typically between NZ$3 and NZ$15, depending on the platform. For example, with a Turners Automotive Group share price of NZ$6.50, a NZ$1,000 investment would let you buy about 153 shares, accounting for a standard NZ$5 commission.

Example

Gain scenario:
If the share price rises by 10%, your shares would be worth NZ$1,100.
Result: that’s a NZ$100 gross gain—equivalent to +10% on your investment (not including taxes or fees).

Trading via CFD

CFD trading lets you speculate on movements in Turners Automotive Group’s share price without owning the actual shares. Instead, you enter into an agreement with your broker that mirrors the stock’s performance. Fees include the spread (the difference between buy and sell prices) and possible overnight financing costs, especially when using leverage. For example, with a NZ$1,000 deposit and 5x leverage, you could open a CFD position worth NZ$5,000.

Example

Gain scenario:
If the stock price increases by 8%, your position grows by 8% × 5 = 40%.
Result: You make NZ$400 on your NZ$1,000 input (excluding fees and possible overnight charges).

Final advice

Before investing, it’s crucial to compare brokers’ fees, services, and trading conditions to ensure they fit your needs. Whether you choose to buy Turners Automotive Group shares directly or trade them via CFDs depends on your investment goals and risk tolerance. You’ll find an up-to-date broker comparison tool to help you make an informed choice further down this page.

Our 7 tips for buying Turners Automotive Group stock

The latest news about Turners Automotive Group

Turners Automotive Group stock achieves 8.3% weekly gain and hits 52-week high of NZ$6.50. The share price surged over the last week, closing at NZ$6.50 on 30 May 2025 and registering an impressive intraday rise of 5.18%. This momentum has been supported by continued investor optimism and strong volume activity, reinforcing the stock's positive trajectory in the NZX. The company's 12-month growth now stands at 57.38%, outpacing peers in the financial services and automotive sectors and making Turners one of the top-performing NZX stocks for the period.

The 2025 annual results exceed analyst forecasts, marking robust profitability and revenue outperformance. Turners announced an annual revenue of NZ$414.2 million, with net profit climbing 17% year-on-year to NZ$38.6 million and a 6% increase in EBIT. These results not only demonstrated operational resilience but also beat consensus expectations by 5.4% on revenues, providing a powerful fundamental catalyst for further positive market sentiment among New Zealand investors and analysts.

Technical indicators and trading signals confirm strong upward momentum with all key averages in bullish alignment. The stock price is currently above its 20-, 50-, 100-, and 200-day moving averages, confirming a recent golden cross. The MACD remains in buy-territory at 0.10. While the 14-day RSI reads 73.55—signalling an overbought zone and the potential for short-term consolidation—the overall technical profile remains decisively positive. Such a configuration typically attracts technical and quantitative funds, bolstering market liquidity on the NZX.

Dividend policy strengthened with a further increase, highlighting management confidence and attractive shareholder returns. Following publication of the strong full-year results, Turners announced a dividend of NZ$0.082 per share, reinforcing its appeal for income-focused local investors. The current yield of 5.81% is above market average, reflecting both earnings growth and the company’s stable cash-generating capacity, even as management remains vigilant regarding dividend coverage and debt management.

Strategic growth initiatives, including network expansion and acquisition of My Auto Shop, drive upbeat medium-term outlook. Turners continues to consolidate its leadership in the New Zealand automotive financial services market through targeted acquisitions and growth in premium financing. The company’s ambitious target of NZ$65 million in pre-tax profit by FY28—now ahead of schedule—combined with a consensus “Strong Buy” rating from analysts, underscores widespread confidence in Turners’ strategy and market position among professional NZ investors.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.