AutoNation (AN) Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoNation in the last twelve months. There are currently 2 sell ratings, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" AN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AN, but not buy additional shares or sell existing shares.
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5 brokers have issued 1 year price targets for AutoNation's shares. Their AN share price forecasts range from $117.00 to $245.00. On average, they expect the company's share price to reach $174.57 in the next year. This suggests a possible upside of 14.4% from the stock's current price.
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AutoNation's stock was trading at $107.30 at the start of the year. Since then, AN stock has increased by 42.2% and is now trading at $152.5550.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our AN earnings forecast.

AutoNation, Inc. (NYSE:AN) announced its quarterly earnings results on Friday, July, 21st. The company reported $6.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.91 by $0.38. The company earned $6.89 billion during the quarter, compared to analyst estimates of $6.78 billion. AutoNation had a trailing twelve-month return on equity of 58.35% and a net margin of 4.50%. The business's revenue for the quarter was up .3% on a year-over-year basis. During the same period last year, the company posted $6.48 EPS.

ETFs with the largest weight of AutoNation (NYSE:AN) stock in their portfolio include Inspire Faithward Mid Cap Momentum ETF (GLRY), First Trust Dorsey Wright Momentum & Value ETF (DVLU), Cambria Value and Momentum ETF (VAMO), iShares Focused Value Factor ETF (FOVL), Invesco S&P MidCap Value with Momentum ETF (XMVM), Cambria Shareholder Yield ETF (SYLD), SPDR S&P Retail ETF (XRT) and Euclidean Fundamental Value ETF (ECML).

AutoNation announced that its Board of Directors has authorized a stock buyback plan on Thursday, October 21st 2021, which authorizes the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 10.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's management believes its stock is undervalued.

41 employees have rated AutoNation Chief Executive Officer Mike Jackson on Glassdoor.com. Mike Jackson has an approval rating of 67% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other AutoNation investors own include NVIDIA (NVDA), General Motors (GM), Micron Technology (MU), American International Group (AIG), Best Buy (BBY), Ford Motor (F), Tesla (TSLA), QUALCOMM (QCOM), Advanced Micro Devices (AMD) and Bank of America (BAC).

AutoNation trades on the New York Stock Exchange (NYSE) under the ticker symbol "AN."

Shares of AN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AN stock can currently be purchased for approximately $152.56.

AutoNation (NYSE:AN) has a market capitalization of $6.72 billion and generates $26.65 billion in revenue each year. The company earns $1.38 billion in net income (profit) each year or $24.12 on an earnings per share basis.

The company employs 23,600 workers across the globe.

AutoNation's mailing address is 200 SW 1ST AVE SUITE 1600, FORT LAUDERDALE FL, 33301. The official website for the company is www.autonation.com. The company can be reached via phone at (954) 769-6000, via email at quartaror@autonation.com, or via fax at 302-636-5454.