AutoNation, Inc. (NYSE:AN – Get Rating) major shareholder Edward S. Lampert sold 200 shares of the firm’s stock in a transaction dated Tuesday, April 12th. The shares were sold at an average price of $107.41, for a total value of $21,482.00. Following the completion of the transaction, the insider now owns 9,294,350 shares in the company, valued at approximately $998,306,133.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
AN stock opened at $101.46 on Friday. The company has a market cap of $6.23 billion, a P/E ratio of 5.43, a price-to-earnings-growth ratio of 0.21 and a beta of 1.35. AutoNation, Inc. has a fifty-two week low of $88.32 and a fifty-two week high of $133.48. The stock’s 50 day simple moving average is $109.05 and its 200 day simple moving average is $114.80. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.31 and a current ratio of 0.92.
AutoNation (NYSE:AN – Get Rating) last announced its quarterly earnings data on Thursday, February 17th. The company reported $5.76 earnings per share for the quarter, beating the consensus estimate of $5.00 by $0.76. AutoNation had a return on equity of 50.46% and a net margin of 5.31%. The business had revenue of $6.58 billion during the quarter, compared to analyst estimates of $6.37 billion. During the same period in the prior year, the company earned $2.43 earnings per share. AutoNation’s revenue was up 13.8% compared to the same quarter last year. Equities analysts predict that AutoNation, Inc. will post 20.16 earnings per share for the current year.
AN has been the topic of a number of research analyst reports. JPMorgan Chase & Co. raised AutoNation from a “neutral” rating to an “overweight” rating and dropped their price target for the stock from $140.00 to $130.00 in a research report on Thursday, April 7th. Morgan Stanley lifted their target price on AutoNation from $103.00 to $108.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 8th. Wells Fargo & Company assumed coverage on AutoNation in a research note on Tuesday, January 18th. They set an “overweight” rating and a $135.00 target price for the company. Finally, StockNews.com upgraded AutoNation from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 9th. Three equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, AutoNation has a consensus rating of “Buy” and a consensus target price of $142.86.
AutoNation Company Profile (Get Rating)
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.
- Get a free copy of the StockNews.com research report on AutoNation (AN)
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