AutoNation FY2025 EPS Forecast Lowered by Seaport Res Ptn

AutoNation, Inc. (NYSE:AN) – Investment analysts at Seaport Res Ptn dropped their FY2025 EPS estimates for AutoNation in a research note issued to investors on Thursday, January 16th. Seaport Res Ptn analyst G. Chin now expects that the company will post earnings per share of $16.93 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 research analysts have also commented on AN. JPMorgan Chase & Co. lowered their price objective on shares of AutoNation from $190.00 to $180.00 and set a “neutral” rating for the company in a research note on Tuesday, November 5th. Bank of America reduced their target price on shares of AutoNation from $220.00 to $215.00 and set a “buy” rating on the stock in a report on Monday, October 14th. Wells Fargo & Company raised their target price on shares of AutoNation from $169.00 to $170.00 and gave the company an “equal weight” rating in a report on Wednesday, January 15th. Guggenheim reduced their target price on shares of AutoNation from $190.00 to $189.00 and set a “buy” rating on the stock in a report on Thursday, November 21st. Finally, Morgan Stanley raised shares of AutoNation from an “equal weight” rating to an “overweight” rating and raised 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 data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $197.71.

AutoNation Trading Down 0.2 %

NYSE AN opened at $184.93 on Monday. The firm has a 50 day simple moving average of $174.07 and a 200-day simple moving average of $171.39. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.20 and a current ratio of 0.80. AutoNation has a one year low of $136.35 and a one year high of $197.18. The firm has a market cap of $7.33 billion, a price-to-earnings ratio of 10.66, a PEG ratio of 3.56 and a beta of 1.26.

Institutional Trading of AutoNation

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Whalen Wealth Management Inc. purchased a new position in AutoNation in the 4th quarter valued at $255,000. Davis Capital Management lifted its stake in shares of AutoNation by 0.8% in the 4th quarter. Davis Capital Management now owns 9,703 shares of the company’s stock worth $1,648,000 after acquiring an additional 79 shares during the period. Perpetual Ltd boosted its holdings in shares of AutoNation by 104.7% in the fourth quarter. Perpetual Ltd now owns 3,685 shares of the company’s stock valued at $626,000 after acquiring an additional 1,885 shares in the last quarter. Merit Financial Group LLC acquired a new stake in AutoNation in the fourth quarter valued at about $223,000. Finally, HCR Wealth Advisors lifted its position in AutoNation by 0.8% in the fourth quarter. HCR Wealth Advisors now owns 24,842 shares of the company’s stock valued at $4,219,000 after purchasing an additional 185 shares during the period. Institutional investors and hedge funds own 94.62% of the company’s stock.

AutoNation Company Profile

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.