Q1 Earnings Estimate for AutoNation Issued By Zacks Research

Key Points

• Zacks Research has increased its Q1 2027 earnings estimate for AutoNation from $5.01 to $5.25 per share, reflecting a positive outlook for the company.
• Morgan Stanley and JPMorgan Chase have both raised their price targets for AutoNation stock, with Morgan Stanley setting a new target of $220.00 and JPMorgan at $205.00.
• AutoNation recently reported a 7.6% increase in revenue year-over-year, totaling $6.97 billion, alongside earnings per share of $5.46 for the last quarter, exceeding analysts' expectations.

AutoNation, Inc. (NYSE:AN - Free Report) - Investment analysts at Zacks Research raised their Q1 2027 earnings estimates for shares of AutoNation in a research report issued on Thursday, September 18th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $5.25 for the quarter, up from their previous estimate of $5.01. The consensus estimate for AutoNation's current full-year earnings is $18.15 per share.

AutoNation (NYSE:AN - Get Free Report) last released its quarterly earnings data on Friday, July 25th. The company reported $5.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.70 by $0.76. AutoNation had a net margin of 2.31% and a return on equity of 31.12%. The business had revenue of $6.97 billion during the quarter, compared to analysts' expectations of $6.77 billion. During the same period in the prior year, the company earned $3.99 EPS. The firm's quarterly revenue was up 7.6% compared to the same quarter last year.

A number of other brokerages have also issued reports on AN. Wells Fargo & Company raised their price objective on shares of AutoNation from $209.00 to $221.00 and gave the company an "equal weight" rating in a report on Monday, July 28th. JPMorgan Chase & Co. lifted their price target on shares of AutoNation from $185.00 to $205.00 and gave the stock a "neutral" rating in a report on Tuesday, August 5th. Bank of America decreased their price objective on AutoNation from $255.00 to $250.00 and set a "buy" rating for the company in a report on Wednesday, September 10th. Stephens lifted their target price on AutoNation from $190.00 to $200.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 29th. Finally, Guggenheim reduced their price target on AutoNation from $230.00 to $228.00 and set a "buy" rating on the stock in a research report on Monday, August 11th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, AutoNation currently has a consensus rating of "Moderate Buy" and a consensus price target of $222.63.

AutoNation Price Performance

AN traded up $1.34 on Monday, reaching $219.16. The stock had a trading volume of 420,194 shares, compared to its average volume of 432,248. The company has a current ratio of 0.81, a quick ratio of 0.21 and a debt-to-equity ratio of 1.84. The company has a market capitalization of $8.26 billion, a price-to-earnings ratio of 11.39, a price-to-earnings-growth ratio of 1.00 and a beta of 0.88. AutoNation has a fifty-two week low of $148.33 and a fifty-two week high of $228.92. The firm has a 50-day moving average of $209.90 and a 200-day moving average of $191.05.

Institutional Investors Weigh In On AutoNation

Several hedge funds and other institutional investors have recently modified their holdings of the company. Curat Global LLC bought a new stake in shares of AutoNation in the 1st quarter worth $36,000. Geneos Wealth Management Inc. grew its position in AutoNation by 37.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 235 shares of the company's stock worth $38,000 after purchasing an additional 64 shares in the last quarter. GAMMA Investing LLC increased its stake in AutoNation by 81.1% in the 1st quarter. GAMMA Investing LLC now owns 460 shares of the company's stock valued at $74,000 after buying an additional 206 shares during the last quarter. Parallel Advisors LLC increased its stake in AutoNation by 45.3% in the 2nd quarter. Parallel Advisors LLC now owns 375 shares of the company's stock valued at $74,000 after buying an additional 117 shares during the last quarter. Finally, SVB Wealth LLC bought a new position in shares of AutoNation during the 1st quarter worth approximately $86,000. Institutional investors own 94.62% 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.