AutoNation - AN Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoNation in the last year. There are currently 2 sell ratings, 1 hold rating and 5 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.
View AN analyst ratings or view top-rated stocks.

8 Wall Street analysts have issued 12-month price targets for AutoNation's shares. Their AN share price forecasts range from $96.00 to $238.00. On average, they predict the company's share price to reach $152.38 in the next year. This suggests a possible upside of 19.6% from the stock's current price.
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AutoNation's stock was trading at $107.30 at the beginning of the year. Since then, AN stock has increased by 18.8% and is now trading at $127.43.
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AutoNation saw a decline in short interest in the month of February. As of February 28th, there was short interest totaling 5,770,000 shares, a decline of 14.5% from the February 13th total of 6,750,000 shares. Based on an average daily volume of 824,500 shares, the short-interest ratio is currently 7.0 days. Approximately 20.5% of the company's stock are sold short.
View AutoNation's Short Interest.

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

AutoNation, Inc. (NYSE:AN) released its quarterly earnings results on Friday, February, 17th. The company reported $6.37 earnings per share for the quarter, topping the consensus estimate of $5.89 by $0.48. The business earned $6.70 billion during the quarter, compared to analyst estimates of $6.52 billion. AutoNation had a trailing twelve-month return on equity of 62.12% and a net margin of 5.10%. The firm's revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $5.76 earnings per share.

ETFs with the largest weight of AutoNation (NYSE:AN) stock in their portfolio include Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), Inspire Faithward Mid Cap Momentum ETF (GLRY), iShares Focused Value Factor ETF (FOVL), First Trust Dorsey Wright Momentum & Value ETF (DVLU), Cambria Value and Momentum ETF (VAMO), First Trust Consumer Discretionary AlphaDEX Fund (FXD), Distillate Small/Mid Cash Flow ETF (DSMC) and Invesco S&P MidCap 400 Revenue ETF (RWK).

AutoNation declared that its Board of Directors has initiated a share buyback program on Thursday, October 21st 2021, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 10.7% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management 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 many different retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (5.06%), Arrowstreet Capital Limited Partnership (2.25%), Artisan Partners Limited Partnership (2.06%), AQR Capital Management LLC (2.05%), JPMorgan Chase & Co. (1.57%) and Geode Capital Management LLC (1.12%). 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 $127.43.

AutoNation (NYSE:AN) has a market capitalization of $5.98 billion and generates $26.99 billion in revenue each year. The company earns $1.38 billion in net income (profit) each year or $24.29 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.