AutoNation (AN) Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AutoNation in the last year. There are currently 2 sell ratings, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research 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.
View AN analyst ratings or view top-rated stocks.

7 Wall Street analysts have issued 12-month price targets for AutoNation's stock. Their AN share price forecasts range from $96.00 to $238.00. On average, they anticipate the company's share price to reach $153.14 in the next twelve months. This suggests a possible upside of 5.6% 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 35.2% and is now trading at $145.05.
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AutoNation saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 5,680,000 shares, a decline of 8.5% from the April 15th total of 6,210,000 shares. Based on an average daily volume of 762,600 shares, the short-interest ratio is presently 7.4 days. Approximately 20.4% of the shares of the stock are short sold.
View AutoNation's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023.
View our AN earnings forecast.

AutoNation, Inc. (NYSE:AN) released its quarterly earnings data on Thursday, April, 20th. The company reported $6.07 earnings per share for the quarter, beating analysts' consensus estimates of $5.60 by $0.47. The firm had revenue of $6.40 billion for the quarter, compared to the consensus estimate of $6.63 billion. AutoNation had a trailing twelve-month return on equity of 61.01% and a net margin of 4.90%. The business's revenue for the quarter was down 5.2% on a year-over-year basis. During the same period in the previous year, the firm earned $5.78 EPS.

ETFs with the largest weight of AutoNation (NYSE:AN) stock in their portfolio include Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), Aztlan Global Stock Selection DM SMID ETF (AZTD), Inspire Faithward Mid Cap Momentum ETF (GLRY), iShares Focused Value Factor ETF (FOVL), First Trust Dorsey Wright Momentum & Value ETF (DVLU), Invesco S&P MidCap Value with Momentum ETF (XMVM), Cambria Value and Momentum ETF (VAMO) and Cambria Shareholder Yield ETF (SYLD).

AutoNation announced that its board has initiated a stock buyback program on Thursday, October 21st 2021, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 10.7% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board believes its shares are 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."

AutoNation's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.16%), Dimensional Fund Advisors LP (4.96%), Arrowstreet Capital Limited Partnership (2.60%), State Street Corp (2.32%), AQR Capital Management LLC (2.03%) and LSV Asset Management (1.91%). Insiders that own company stock include C Coleman Edmunds, Cascade Investment, LLC, Christopher Cade, David B Edelson, Edward S Lampert, George Lawrence Mikan III, James R Bender, Marc G Cannon, Marc G Cannon, Michael J Jackson, Michael J Jackson, Rick L Burdick and Robert R Grusky.
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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 $145.05.

AutoNation (NYSE:AN) has a market capitalization of $6.62 billion and generates $26.99 billion in revenue each year. The company earns $1.38 billion in net income (profit) each year or $24.58 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.