AutoNation, Inc. (AN) Set to Announce Earnings on Thursday
AutoNation, Inc. (NYSE:AN) is set to release its earnings data before the market opens on Thursday, July 27th. Analysts expect AutoNation to post earnings of $0.98 per share for the quarter.
AutoNation (NYSE:AN) last issued its quarterly earnings data on Tuesday, April 25th. The company reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.06. AutoNation had a return on equity of 18.40% and a net margin of 2.00%. The firm had revenue of $5.14 billion during the quarter, compared to analyst estimates of $5.33 billion. During the same quarter last year, the firm earned $0.93 EPS. AutoNation’s quarterly revenue was up .4% on a year-over-year basis. On average, analysts expect AutoNation to post $3.90 EPS for the current fiscal year and $4.17 EPS for the next fiscal year.
Shares of AutoNation, Inc. (NYSE:AN) opened at 42.43 on Thursday. AutoNation, Inc. has a 52 week low of $38.20 and a 52 week high of $54.15. The firm’s 50-day moving average price is $41.05 and its 200-day moving average price is $44.00. The firm has a market cap of $4.30 billion, a price-to-earnings ratio of 10.04 and a beta of 1.25.
Several equities analysts have recently weighed in on AN shares. Morgan Stanley decreased their price objective on AutoNation from $57.00 to $53.00 and set an “overweight” rating for the company in a report on Friday, June 9th. Deutsche Bank AG restated a “hold” rating and issued a $50.00 price objective (down previously from $52.00) on shares of AutoNation in a report on Saturday, April 29th. ValuEngine cut AutoNation from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Wells Fargo & Company restated a “market perform” rating and issued a $45.00 price objective (down previously from $48.50) on shares of AutoNation in a report on Monday. Finally, BidaskClub upgraded AutoNation from a “strong sell” rating to a “sell” rating in a report on Thursday, June 29th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $47.78.
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AutoNation Company Profile
AutoNation, Inc (AutoNation) is an automotive retailer in the United States. The Company offers a range of automotive products and services, including new vehicles, used vehicles, parts and service, which includes automotive repair and maintenance services, as well as wholesale parts and collision businesses, and automotive finance and insurance products, including vehicle service and other protection products, as well as the arranging of financing for vehicle purchases through third-party finance sources.
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