AutoNation FY2025 EPS Estimate Reduced by Seaport Res Ptn

AutoNation, Inc. (NYSE:AN) – Stock analysts at Seaport Res Ptn dropped their FY2025 earnings estimates for shares of AutoNation in a note issued to investors on Thursday, January 16th. Seaport Res Ptn analyst G. Chin now anticipates that the company will post earnings per share of $16.93 for the year, down from their previous forecast of $17.01. The consensus estimate for AutoNation’s current full-year earnings is $16.71 per share.

Other equities research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. reduced their price objective on AutoNation from $190.00 to $180.00 and set a “neutral” rating for the company in a research note on Tuesday, November 5th. Guggenheim reduced their target price on shares of AutoNation from $190.00 to $189.00 and set a “buy” rating for the company in a report on Thursday, November 21st. Morgan Stanley upgraded AutoNation from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $145.00 to $200.00 in a research report on Wednesday, September 25th. Bank of America lowered their target price on AutoNation from $220.00 to $215.00 and set a “buy” rating on the stock in a research note on Monday, October 14th. Finally, Wells Fargo & Company increased their price target on AutoNation from $169.00 to $170.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 15th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $197.71.

AutoNation Stock Up 1.5 %

AN opened at $185.53 on Monday. AutoNation has a one year low of $136.35 and a one year high of $197.18. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.20 and a current ratio of 0.80. The stock has a market capitalization of $7.36 billion, a P/E ratio of 10.70, a price-to-earnings-growth ratio of 3.28 and a beta of 1.26. The business’s 50-day simple moving average is $173.67 and its 200-day simple moving average is $171.19.

Hedge Funds Weigh In On AutoNation

Several hedge funds have recently bought and sold shares of AN. Fortitude Family Office LLC increased its position in AutoNation by 581.8% during the fourth quarter. Fortitude Family Office LLC now owns 150 shares of the company’s stock worth $25,000 after buying an additional 128 shares in the last quarter. Venturi Wealth Management LLC raised its stake in AutoNation by 403.6% in the 3rd quarter. Venturi Wealth Management LLC now owns 282 shares of the company’s stock valued at $50,000 after purchasing an additional 226 shares during the last quarter. GAMMA Investing LLC lifted its holdings in AutoNation by 54.0% in the 3rd quarter. GAMMA Investing LLC now owns 311 shares of the company’s stock valued at $56,000 after purchasing an additional 109 shares in the last quarter. Quarry LP grew its holdings in shares of AutoNation by 498.5% during the second quarter. Quarry LP now owns 407 shares of the company’s stock worth $65,000 after buying an additional 339 shares in the last quarter. Finally, NBC Securities Inc. raised its position in shares of AutoNation by 28.1% in the third quarter. NBC Securities Inc. now owns 802 shares of the company’s stock valued at $143,000 after buying an additional 176 shares during the last quarter. 94.62% of the stock is owned by hedge funds and other institutional investors.

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.