AutoNation FY2025 EPS Forecast Lowered by Seaport Res Ptn

AutoNation, Inc. (NYSE:AN) – Analysts at Seaport Res Ptn dropped their FY2025 earnings estimates for AutoNation in a report released on Sunday, October 20th. Seaport Res Ptn analyst G. Chin now anticipates that the company will earn $17.47 per share for the year, down from their prior forecast of $18.19. The consensus estimate for AutoNation’s current full-year earnings is $17.57 per share.

Several other analysts have also issued reports on AN. Stephens assumed coverage on shares of AutoNation in a research report on Thursday, September 12th. They issued an “overweight” rating and a $210.00 target price on the stock. Bank of America cut 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 on the stock in a research report on Tuesday, October 15th. JPMorgan Chase & Co. increased their price objective on AutoNation from $160.00 to $190.00 and gave the company a “neutral” rating in a research note on Tuesday, September 10th. Finally, Morgan Stanley raised shares of AutoNation from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $145.00 to $200.00 in a research note on Wednesday, September 25th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $200.38.

AutoNation Stock Performance

NYSE AN opened at $161.75 on Tuesday. The stock has a market capitalization of $6.42 billion, a price-to-earnings ratio of 8.85, a PEG ratio of 3.38 and a beta of 1.19. The stock has a 50-day moving average of $171.22 and a 200 day moving average of $167.80. The company has a current ratio of 0.78, a quick ratio of 0.21 and a debt-to-equity ratio of 1.65. AutoNation has a twelve month low of $123.81 and a twelve month high of $197.18.

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

In other AutoNation news, major shareholder Edward S. Lampert sold 500 shares of the company’s stock in a transaction 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 transaction, the insider now directly owns 3,825,338 shares in the company, valued at $696,441,036.28. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, major shareholder Edward S. Lampert sold 500 shares of the stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $182.06, for a total transaction of $91,030.00. Following the sale, the insider now owns 3,825,338 shares of the company’s stock, valued at approximately $696,441,036.28. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Edward S. Lampert sold 39,194 shares of AutoNation stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $183.43, for a total transaction of $7,189,355.42. Following the completion of the transaction, the insider now owns 3,786,144 shares of the company’s stock, valued at $694,492,393.92. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 93,256 shares of company stock valued at $17,641,954. Company insiders own 0.74% of the company’s stock.

Hedge Funds Weigh In On AutoNation

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC raised its holdings in shares of AutoNation by 90.6% in the 2nd quarter. GAMMA Investing LLC now owns 202 shares of the company’s stock valued at $32,000 after purchasing an additional 96 shares in the last quarter. Riverview Trust Co purchased a new stake in AutoNation during the 1st quarter worth about $33,000. Ashton Thomas Private Wealth LLC purchased a new stake in AutoNation during the 2nd quarter worth about $37,000. Denali Advisors LLC boosted its position in shares of AutoNation by 79.7% during the 1st quarter. Denali Advisors LLC now owns 248 shares of the company’s stock worth $41,000 after acquiring an additional 110 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new position in AutoNation in the first quarter valued at approximately $57,000. Hedge funds and other institutional investors own 94.62% of the company’s stock.

AutoNation Company Profile

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.