AutoNation (NYSE:AN – Get Free Report) is scheduled to be releasing its earnings data before the market opens on Friday, October 25th. Analysts expect AutoNation to post earnings of $4.62 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.
AutoNation (NYSE:AN – Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $3.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.31 by ($0.32). The business had revenue of $6.48 billion for the quarter, compared to analysts’ expectations of $6.72 billion. AutoNation had a net margin of 2.93% and a return on equity of 36.50%. The business’s quarterly revenue was down 5.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $6.29 earnings per share. On average, analysts expect AutoNation to post $18 EPS for the current fiscal year and $19 EPS for the next fiscal year.
AutoNation Trading Up 0.1 %
NYSE AN opened at $162.00 on Thursday. The firm has a market cap of $6.43 billion, a PE ratio of 8.87, a price-to-earnings-growth ratio of 3.38 and a beta of 1.19. AutoNation has a 1-year low of $123.81 and a 1-year high of $197.18. The stock has a 50-day moving average of $171.07 and a 200-day moving average of $167.76. The company has a current ratio of 0.78, a quick ratio of 0.21 and a debt-to-equity ratio of 1.65.
Analysts Set New Price Targets
Read Our Latest Report on AutoNation
Insiders Place Their Bets
In related news, major shareholder Edward S. Lampert sold 500 shares of the company’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $182.06, for a total value of $91,030.00. Following the sale, the insider now directly owns 3,825,338 shares of the company’s stock, valued at $696,441,036.28. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, major shareholder Edward S. Lampert sold 39,194 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $183.43, for a total value of $7,189,355.42. Following the sale, the insider now owns 3,786,144 shares in the company, valued at $694,492,393.92. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, major shareholder Edward S. Lampert sold 500 shares of AutoNation stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $182.06, for a total value of $91,030.00. Following the transaction, the insider now owns 3,825,338 shares of the company’s stock, valued at $696,441,036.28. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 93,256 shares of company stock worth $17,641,954 over the last three months. Company insiders own 0.74% of the company’s stock.
About AutoNation
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.
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