Autonation Inc. [AN] stock prices are up 1.46% to $151.98 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AN shares have gain 7.84% over the last week, with a monthly amount glided 8.82%, and seem to be holding up well over a long-time horizon.
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On 13, February 2024, AutoNation Reports Fourth Quarter and Full Year Results. In a post published today on Yahoo Finance, Q4 2023 GAAP EPS $5.04, and adjusted EPS $5.02.
From an analyst’s perspective:
Autonation Inc. [NYSE: AN] stock has seen the most recent analyst activity on February 29, 2024, when Morgan Stanley upgraded its rating to a Equal-Weight and also boosted its price target to $140 from $117. Previously, Evercore ISI started tracking the stock with Outperform rating on January 17, 2024, and set its price target to $185. On October 31, 2023, upgrade upgraded it’s rating to Neutral but maintained its price target of $145 on the stock. JP Morgan downgraded its rating to a Underweight and increased its price target to $130 on February 21, 2023. Morgan Stanley downgraded its rating to a Underweight and reduced its price target to $96 on January 17, 2023. Wells Fargo downgraded its rating to Equal Weight for this stock on January 13, 2023, but kept the price target unchanged to $126. In a note dated October 06, 2022, JP Morgan downgraded an Neutral rating on this stock but restated the target price of $125.
The stock price of Autonation Inc. [AN] has been fluctuating between $120.26 and $182.08 over the past year. Currently, Wall Street analysts expect the stock to reach $143.75 within the next 12 months. Autonation Inc. [NYSE: AN] shares were valued at $151.98 at the most recent close of the market. An investor can expect a potential drop of -5.42% based on the average AN price forecast.
Analyzing the AN fundamentals
The Autonation Inc. [NYSE:AN] reported sales of 26.95B for trailing twelve months, representing a surge of 1.05%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.48 and Total Capital is 0.24. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.8.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 148.93 points at the first support level, and at 145.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 153.76, and for the 2nd resistance point, it is at 155.55.
Autonation Inc. [AN] reported earnings per share of $5.02 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $4.95/share, meaning a difference of $0.07 and a surprise factor of 1.40%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $5.54 per share as compared to estimates of $5.49 per share, a difference of $0.05 representing a surprise of 0.90%.
Ratios To Look Out For
It’s worth pointing out that Autonation Inc. [NYSE:AN]’s Current Ratio is 0.77. Also, the Quick Ratio is 0.23, while the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 0.23, the price to book ratio is 2.86 and price to earnings (TTM) ratio is 6.71.
Transactions by insiders
We now turn our attention to insider trading, which in the past 3 months has resulted in 0 insider buyings of 0 shares and 2 insider sellings of 150,963 shares. Recent insider trading involved Szlosek Thomas A, EVP & CFO, that happened on Feb 23 when 1421.0 shares were purchased. Director, TRAVISANO JACQUELINE A completed a deal on Feb 14 to sell 3671.0 shares. Meanwhile, 10% Owner LAMPERT EDWARD S sold 10804.0 shares on Feb 12.
