Q1 Earnings Forecast for AutoNation Issued By Zacks Research

AutoNation, Inc. (NYSE:AN) – Analysts at Zacks Research raised their Q1 2027 earnings per share estimates for AutoNation in a report released on Thursday, September 18th. Zacks Research analyst Team now expects 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) last announced its earnings results on Friday, July 25th. The company reported $5.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.70 by $0.76. AutoNation had a return on equity of 31.12% and a net margin of 2.31%.The business had revenue of $6.97 billion for the quarter, compared to analysts’ expectations of $6.77 billion. During the same period last year, the firm posted $3.99 earnings per share. The business’s revenue for the quarter was up 7.6% on a year-over-year basis.

Other analysts also recently issued research reports about the company. Stephens lifted their target price on AutoNation from $190.00 to $200.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 29th. Morgan Stanley lifted their target price on AutoNation from $195.00 to $220.00 and gave the company an “overweight” rating in a research note on Thursday, August 14th. Guggenheim decreased their target price on AutoNation from $230.00 to $228.00 and set a “buy” rating on the stock in a research note on Monday, August 11th. Wall Street Zen downgraded AutoNation from a “buy” rating to a “hold” rating in a research note on Saturday, September 13th. Finally, JPMorgan Chase & Co. lifted their price objective on AutoNation from $185.00 to $205.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $222.63.

AutoNation Stock Up 0.4%

NYSE AN opened at $220.15 on Monday. The stock’s 50-day moving average price is $210.19 and its 200-day moving average price is $191.25. The company has a market capitalization of $8.30 billion, a P/E ratio of 13.79, a price-to-earnings-growth ratio of 1.00 and a beta of 0.89. AutoNation has a 52 week low of $148.33 and a 52 week high of $228.92. The company has a quick ratio of 0.21, a current ratio of 0.81 and a debt-to-equity ratio of 1.84.

Institutional Trading of AutoNation

Hedge funds have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC boosted its stake in shares of AutoNation by 104.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 5,882 shares of the company’s stock worth $952,000 after buying an additional 3,001 shares during the last quarter. Cerity Partners LLC boosted its stake in shares of AutoNation by 95.3% in the first quarter. Cerity Partners LLC now owns 5,247 shares of the company’s stock worth $850,000 after buying an additional 2,561 shares during the last quarter. Bessemer Group Inc. boosted its stake in shares of AutoNation by 9.7% in the first quarter. Bessemer Group Inc. now owns 987 shares of the company’s stock worth $160,000 after buying an additional 87 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of AutoNation in the first quarter worth about $5,162,000. Finally, Jefferies Financial Group Inc. boosted its stake in shares of AutoNation by 66.4% in the first quarter. Jefferies Financial Group Inc. now owns 13,804 shares of the company’s stock worth $2,235,000 after buying an additional 5,506 shares during the last quarter. Hedge funds and other 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.