Analysts Issue Forecasts for AutoNation FY2025 Earnings

AutoNation, Inc. (NYSE:AN) – Investment analysts at Seaport Res Ptn lowered their FY2025 earnings per share (EPS) estimates for shares of AutoNation in a research report issued to clients and investors on Sunday, October 20th. Seaport Res Ptn analyst G. Chin now anticipates that the company will post earnings per share of $17.47 for the year, down from their previous estimate of $18.19. The consensus estimate for AutoNation’s current full-year earnings is $17.57 per share.

A number of other equities research analysts have also weighed in on AN. Stephens began coverage on AutoNation in a research note on Thursday, September 12th. They set an “overweight” rating and a $210.00 price objective for the company. Morgan Stanley upgraded AutoNation from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $145.00 to $200.00 in a research note on Wednesday, September 25th. Bank of America lowered their price objective on AutoNation from $220.00 to $215.00 and set a “buy” rating for the company in a research note on Monday, October 14th. Wells Fargo & Company decreased their target price on AutoNation from $187.00 to $181.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 15th. Finally, JPMorgan Chase & Co. lifted their target price on AutoNation from $160.00 to $190.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 10th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, AutoNation presently has a consensus rating of “Moderate Buy” and a consensus target price of $200.38.

AutoNation Price Performance

Shares of NYSE AN opened at $162.00 on Tuesday. AutoNation has a fifty-two week low of $123.81 and a fifty-two week high of $197.18. The business has a 50 day moving average price of $171.07 and a two-hundred day moving average price of $167.76. The company has a quick ratio of 0.21, a current ratio of 0.78 and a debt-to-equity ratio of 1.65. The firm has a market cap of $6.43 billion, a PE ratio of 8.87, a price-to-earnings-growth ratio of 3.38 and a beta of 1.19.

AutoNation (NYSE:AN) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $3.99 earnings per share for the quarter, missing analysts’ consensus estimates of $4.31 by ($0.32). AutoNation had a net margin of 2.93% and a return on equity of 36.50%. The business had revenue of $6.48 billion for the quarter, compared to analyst estimates of $6.72 billion. During the same quarter last year, the business earned $6.29 EPS. AutoNation’s revenue for the quarter was down 5.9% compared to the same quarter last year.

Insider Activity at AutoNation

In related news, major shareholder Edward S. Lampert sold 500 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $182.06, for a total transaction of $91,030.00. Following the completion of the transaction, the insider now owns 3,825,338 shares in the company, valued at $696,441,036.28. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, major shareholder Edward S. Lampert sold 500 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $182.06, for a total transaction of $91,030.00. Following the completion of the transaction, the insider now owns 3,825,338 shares in the company, valued at $696,441,036.28. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder Edward S. Lampert sold 39,194 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $183.43, for a total value of $7,189,355.42. Following the transaction, the insider now owns 3,786,144 shares of the company’s stock, valued at $694,492,393.92. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 93,256 shares of company stock worth $17,641,954 in the last 90 days. 0.74% of the stock is currently owned by company insiders.

Institutional Trading of AutoNation

Several hedge funds have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP raised its stake in AutoNation by 2.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,605,708 shares of the company’s stock valued at $255,910,000 after acquiring an additional 41,712 shares in the last quarter. Boston Partners bought a new stake in AutoNation during the 1st quarter valued at $170,270,000. LSV Asset Management raised its stake in AutoNation by 0.6% during the 2nd quarter. LSV Asset Management now owns 781,825 shares of the company’s stock valued at $124,607,000 after acquiring an additional 4,350 shares in the last quarter. WINTON GROUP Ltd bought a new stake in AutoNation during the 2nd quarter valued at $15,832,000. Finally, Principal Financial Group Inc. raised its stake in AutoNation by 2.6% during the 1st quarter. Principal Financial Group Inc. now owns 97,885 shares of the company’s stock valued at $16,208,000 after acquiring an additional 2,497 shares in the last quarter. Institutional investors own 94.62% of the company’s stock.

About AutoNation

AutoNation, Inc, through its subsidiaries, operates as an automotive retailer in the United States. The company operates through three segments: Domestic, Import, and Premium Luxury. It offers a range of automotive products and services, including new and used vehicles; and parts and services, such as automotive repair and maintenance, and wholesale parts and collision services.