AutoNation, Inc. (NYSE:AN – Free Report) – Equities researchers at Zacks Research upped their Q3 2027 earnings per share estimates for shares of AutoNation in a research note issued on Tuesday, June 30th. Zacks Research analyst Team now expects that the company will earn $6.21 per share for the quarter, up from their prior forecast of $6.10. The consensus estimate for AutoNation’s current full-year earnings is $21.24 per share. Zacks Research also issued estimates for AutoNation’s Q4 2027 earnings at $6.17 EPS, FY2027 earnings at $24.27 EPS and FY2028 earnings at $25.92 EPS.
AN has been the topic of a number of other reports. UBS Group began coverage on shares of AutoNation in a research report on Wednesday, May 27th. They set a “buy” rating and a $234.00 price target on the stock. Bank of America assumed coverage on shares of AutoNation in a report on Wednesday, March 4th. They issued a “buy” rating for the company. Citigroup increased their target price on shares of AutoNation from $269.00 to $287.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Morgan Stanley reaffirmed an “overweight” rating and set a $240.00 target price on shares of AutoNation in a report on Thursday, May 7th. Finally, Wells Fargo & Company lifted their price target on shares of AutoNation from $207.00 to $208.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. Nine research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $246.90.
AutoNation Trading Down 1.6%
Shares of AutoNation stock opened at $185.90 on Wednesday. The firm has a 50-day moving average of $194.08 and a 200-day moving average of $199.83. The stock has a market cap of $6.22 billion, a PE ratio of 10.07, a PEG ratio of 1.01 and a beta of 0.74. AutoNation has a 52-week low of $176.62 and a 52-week high of $228.92. The company has a debt-to-equity ratio of 2.62, a quick ratio of 0.20 and a current ratio of 0.81.
AutoNation (NYSE:AN – Get Free Report) last posted its quarterly earnings data on Friday, May 1st. The company reported $4.69 earnings per share for the quarter, missing the consensus estimate of $4.71 by ($0.02). AutoNation had a return on equity of 31.45% and a net margin of 2.47%.The firm had revenue of $6.55 billion for the quarter, compared to the consensus estimate of $6.65 billion. During the same quarter in the previous year, the business earned $4.68 EPS. The firm’s quarterly revenue was down 2.1% on a year-over-year basis.
Institutional Investors Weigh In On AutoNation
Large investors have recently bought and sold shares of the company. Royal Bank of Canada increased its holdings in AutoNation by 8.9% in the 1st quarter. Royal Bank of Canada now owns 18,953 shares of the company’s stock valued at $3,070,000 after buying an additional 1,551 shares during the period. United Services Automobile Association bought a new stake in shares of AutoNation during the 1st quarter worth approximately $265,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of AutoNation by 10.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 98,610 shares of the company’s stock worth $15,967,000 after acquiring an additional 9,656 shares in the last quarter. Focus Partners Wealth boosted its position in shares of AutoNation by 17.3% during the 1st quarter. Focus Partners Wealth now owns 3,472 shares of the company’s stock worth $562,000 after acquiring an additional 511 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in AutoNation by 37.4% in the first quarter. Geneos Wealth Management Inc. now owns 235 shares of the company’s stock valued at $38,000 after acquiring an additional 64 shares during the last quarter. 94.62% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at AutoNation
In related news, CAO Kimberly Dees sold 2,500 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $204.91, for a total value of $512,275.00. Following the transaction, the chief accounting officer owned 1,456 shares in the company, valued at approximately $298,348.96. This trade represents a 63.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.40% of the company’s stock.
About AutoNation
AutoNation, Inc is the largest automotive retailer in the United States, operating a network of franchised new vehicle dealerships, pre-owned vehicle superstores and collision-repair centers. The company offers a comprehensive range of automotive products and services, including the sale of new cars and light trucks from leading manufacturers, certified pre-owned vehicles and a wide selection of used models. In addition to retail vehicle sales, AutoNation provides financing, insurance and extended service contracts through its in-house financial services division, as well as genuine and aftermarket parts, factory-recommended maintenance and collision-repair services.
Headquartered in Fort Lauderdale, Florida, AutoNation was founded in 1996 by entrepreneur H.
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