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Shares of AutoNation (NYSE:AN) have been given an average rating of “Hold” by the eight analysts that are currently covering the stock, reports. One equities 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 company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $55.00.

Several analysts have recently commented on the stock. 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.

AutoNation (NYSE:AN) opened at 53.54 on Wednesday. AutoNation has a 1-year low of $44.92 and a 1-year high of $61.29. The stock’s 50-day moving average is $57. and its 200-day moving average is $54.17. The company has a market cap of $6.347 billion and a P/E ratio of 16.41.

AutoNation (NYSE:AN) last announced its earnings results on Thursday, July 17th. The company reported $0.83 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.86 by $0.03. The company had revenue of $4.80 billion for the quarter, compared to the consensus estimate of $4.79 billion. During the same quarter in the prior year, the company posted $0.73 earnings per share. The company’s quarterly revenue was up 8.2% on a year-over-year basis. Analysts expect that AutoNation will post $3.35 EPS for the current fiscal year.

In other AutoNation news, major shareholder Edward S. Lampert sold 560,839 shares of the stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $56.85, for a total transaction of $31,883,697.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

AutoNation, Inc (NYSE:AN) is an automotive retailer in the United States.

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