AutoNation, Inc. (NYSE:AN) COO James R. Bender sold 767 shares of AutoNation stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $48.35, for a total value of $37,084.45. Following the completion of the sale, the chief operating officer now directly owns 2,318 shares of the company’s stock, valued at approximately $112,075.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
AN stock traded up $0.61 during trading on Friday, reaching $47.55. 16,191 shares of the stock traded hands, compared to its average volume of 1,050,729. The business’s 50 day moving average price is $44.81 and its 200-day moving average price is $39.85. AutoNation, Inc. has a 52-week low of $32.83 and a 52-week high of $49.61. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.83 and a quick ratio of 0.20. The firm has a market capitalization of $4.36 billion, a PE ratio of 10.59, a P/E/G ratio of 3.15 and a beta of 1.06.
AutoNation (NYSE:AN) last posted its quarterly earnings results on Monday, July 22nd. The company reported $1.20 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.08 by $0.12. AutoNation had a return on equity of 15.10% and a net margin of 1.89%. The firm had revenue of $5.35 billion during the quarter, compared to the consensus estimate of $5.29 billion. During the same quarter in the previous year, the business earned $1.14 earnings per share. The firm’s quarterly revenue was down .8% compared to the same quarter last year. On average, equities research analysts predict that AutoNation, Inc. will post 4.44 earnings per share for the current year.
A number of equities research analysts have recently commented on the company. ValuEngine downgraded AutoNation from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st. Morgan Stanley boosted their price target on AutoNation from $35.00 to $39.00 and gave the company an “underweight” rating in a research report on Friday, August 2nd. SunTrust Banks boosted their price target on AutoNation to $43.00 and gave the company a “hold” rating in a research report on Tuesday, April 30th. Longbow Research reissued a “hold” rating on shares of AutoNation in a research report on Sunday, July 7th. Finally, TheStreet raised AutoNation from a “c+” rating to a “b” rating in a research report on Tuesday, July 23rd. Four investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $41.38.
AutoNation Company Profile
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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