AutoNation (NYSE:AN - Get Free Report) released its quarterly earnings results on Tuesday. The company reported $4.97 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.26 by $0.71, Zacks reports. AutoNation had a net margin of 2.74% and a return on equity of 32.01%.
AutoNation Stock Up 0.2 %
NYSE:AN traded up $0.39 during mid-day trading on Friday, hitting $192.38. The stock had a trading volume of 199,327 shares, compared to its average volume of 457,208. AutoNation has a twelve month low of $136.35 and a twelve month high of $198.50. The stock has a 50-day simple moving average of $179.12 and a two-hundred day simple moving average of $173.37. The company has a current ratio of 0.80, a quick ratio of 0.20 and a debt-to-equity ratio of 1.58. The company has a market capitalization of $7.63 billion, a PE ratio of 11.11, a PEG ratio of 3.71 and a beta of 1.25.
Analysts Set New Price Targets
AN has been the topic of a number of research reports. Wells Fargo & Company upped their price target on AutoNation from $170.00 to $194.00 and gave the stock an "equal weight" rating in a research note on Wednesday. StockNews.com upgraded AutoNation from a "hold" rating to a "buy" rating in a report on Thursday. JPMorgan Chase & Co. lowered their target price on AutoNation from $190.00 to $180.00 and set a "neutral" rating for the company in a report on Tuesday, November 5th. Stephens boosted their price target on shares of AutoNation from $195.00 to $200.00 and gave the stock an "equal weight" rating in a research note on Wednesday. Finally, Guggenheim reissued a "buy" rating on shares of AutoNation in a research note on Wednesday. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $199.71.
Read Our Latest Analysis on AN
AutoNation Company Profile
(
Get Free Report)
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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