FY2025 EPS Estimates for AutoNation Reduced by Analyst

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

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

AutoNation Stock Up 1.5 %

AutoNation stock opened at $185.53 on Monday. The company has a current ratio of 0.80, a quick ratio of 0.20 and a debt-to-equity ratio of 1.58. The firm’s fifty day moving average price is $173.32 and its two-hundred day moving average price is $171.01. The firm has a market capitalization of $7.36 billion, a price-to-earnings ratio of 10.70, a price-to-earnings-growth ratio of 3.28 and a beta of 1.26. AutoNation has a 1-year low of $136.35 and a 1-year high of $197.18.

Hedge Funds Weigh In On AutoNation

Several hedge funds have recently bought and sold shares of AN. Wealth Enhancement Advisory Services LLC increased its stake in AutoNation by 2.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,845 shares of the company’s stock worth $509,000 after acquiring an additional 62 shares during the last quarter. OLD National Bancorp IN grew its holdings in shares of AutoNation by 2.2% during the third quarter. OLD National Bancorp IN now owns 3,100 shares of the company’s stock worth $555,000 after purchasing an additional 68 shares in the last quarter. Sei Investments Co. increased its position in shares of AutoNation by 0.5% in the second quarter. Sei Investments Co. now owns 15,130 shares of the company’s stock worth $2,413,000 after purchasing an additional 72 shares during the last quarter. Davis Capital Management raised its stake in AutoNation by 0.8% in the fourth quarter. Davis Capital Management now owns 9,703 shares of the company’s stock valued at $1,648,000 after purchasing an additional 79 shares in the last quarter. Finally, Mutual of America Capital Management LLC lifted its position in AutoNation by 0.6% during the third quarter. Mutual of America Capital Management LLC now owns 14,152 shares of the company’s stock valued at $2,532,000 after purchasing an additional 87 shares during the last quarter. Hedge funds and other 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.