AutoNation, Inc. (NYSE:AN) CEO Carl C. Liebert III purchased 2,575 shares of the stock in a transaction that occurred on Wednesday, May 15th. The stock was acquired at an average cost of $38.95 per share, with a total value of $100,296.25. Following the completion of the acquisition, the chief executive officer now directly owns 2,575 shares of the company’s stock, valued at $100,296.25. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of AN stock traded up $0.40 during trading hours on Friday, hitting $40.13. The stock had a trading volume of 11,689 shares, compared to its average volume of 1,075,816. The company has a market capitalization of $3.48 billion, a P/E ratio of 8.94, a PEG ratio of 3.56 and a beta of 1.12. AutoNation, Inc. has a twelve month low of $32.83 and a twelve month high of $51.99. The company has a current ratio of 0.82, a quick ratio of 0.18 and a debt-to-equity ratio of 0.57.
AutoNation (NYSE:AN) last posted its quarterly earnings data on Friday, April 26th. The company reported $1.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.92 by $0.13. The business had revenue of $4.98 billion during the quarter, compared to the consensus estimate of $5.21 billion. AutoNation had a return on equity of 15.48% and a net margin of 1.87%. The company’s revenue was down 5.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.01 earnings per share. Research analysts predict that AutoNation, Inc. will post 4.26 EPS for the current fiscal year.
A number of brokerages recently issued reports on AN. ValuEngine raised AutoNation from a “strong sell” rating to a “sell” rating in a report on Friday, April 26th. SunTrust Banks upped their price target on AutoNation to $43.00 and gave the company a “hold” rating in a report on Tuesday, April 30th. Morgan Stanley upped their price target on AutoNation from $27.00 to $36.00 and gave the company an “underweight” rating in a report on Monday, May 6th. JPMorgan Chase & Co. began coverage on AutoNation in a report on Tuesday, February 19th. They issued an “underweight” rating and a $40.00 price target for the company. Finally, Seaport Global Securities started coverage on AutoNation in a report on Wednesday, February 13th. They issued a “neutral” rating and a $38.06 price target for the company. Four equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. AutoNation currently has a consensus rating of “Hold” and a consensus price target of $41.01.
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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.
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