AutoNation (AN) Releases Quarterly Earnings Results, Misses Estimates By $0.03 EPS
AutoNation (NYSE:AN) posted its quarterly earnings results on Thursday. The company reported $0.83 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.86 by $0.03, Analyst Ratings Network.com reports. The company had revenue of $4.80 billion for the quarter, compared to the consensus estimate of $4.79 billion.
AN has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of AutoNation in a research note on Thursday, July 3rd. They now have a $63.00 price target on the stock. Analysts at Goldman Sachs upgraded shares of AutoNation from a “neutral” rating to a “buy” rating in a research note on Friday, June 20th. They now have a $65.00 price target on the stock, up previously from $56.00. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. AutoNation presently has a consensus rating of “Hold” and an average price target of $55.00.
Shares of AutoNation (NYSE:AN) opened at 60.83 on Thursday. AutoNation has a 1-year low of $43.56 and a 1-year high of $61.29. The stock has a 50-day moving average of $58.34 and a 200-day moving average of $53.69. The company has a market cap of $7.263 billion and a price-to-earnings ratio of 19.29.
AutoNation, Inc (NYSE:AN) is an automotive retailer in the United States.
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