FY2025 EPS Estimates for AutoNation Cut by Seaport Res Ptn

AutoNation, Inc. (NYSE:AN - Free Report) - Analysts at Seaport Res Ptn dropped their FY2025 EPS estimates for AutoNation in a research report issued to clients and investors on Thursday, January 16th. Seaport Res Ptn analyst G. Chin now forecasts that the company will post earnings per share of $16.93 for the year, down from their prior estimate of $17.01. The consensus estimate for AutoNation's current full-year earnings is $16.71 per share.

A number of other equities analysts have also recently issued reports on the company. Wells Fargo & Company raised their target price on AutoNation from $169.00 to $170.00 and gave the stock an "equal weight" rating in a report on Wednesday, January 15th. JPMorgan Chase & Co. cut their target price on shares of AutoNation from $190.00 to $180.00 and set a "neutral" rating on the stock in a report on Tuesday, November 5th. Guggenheim decreased their price target on shares of AutoNation from $190.00 to $189.00 and set a "buy" rating for the company in a report on Thursday, November 21st. Morgan Stanley raised AutoNation from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $145.00 to $200.00 in a research note on Wednesday, September 25th. Finally, Bank of America decreased their target price on AutoNation from $220.00 to $215.00 and set a "buy" rating for the company in a research note on Monday, October 14th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $197.71.

AutoNation Trading Up 1.5 %

Shares of NYSE:AN traded up $2.73 during midday trading on Monday, hitting $185.53. The company had a trading volume of 382,258 shares, compared to its average volume of 384,429. The company has a current ratio of 0.80, a quick ratio of 0.20 and a debt-to-equity ratio of 1.58. AutoNation has a 12 month low of $136.35 and a 12 month high of $197.18. The firm has a fifty day simple moving average of $173.32 and a 200 day simple moving average of $171.01. The stock has a market cap of $7.36 billion, a price-to-earnings ratio of 10.70, a PEG ratio of 3.28 and a beta of 1.26.

Hedge Funds Weigh In On AutoNation

Several hedge funds have recently made changes to their positions in the business. Fortitude Family Office LLC grew its holdings in shares of AutoNation by 581.8% in the 4th quarter. Fortitude Family Office LLC now owns 150 shares of the company's stock valued at $25,000 after acquiring an additional 128 shares in the last quarter. Venturi Wealth Management LLC lifted its holdings in AutoNation by 403.6% during the 3rd quarter. Venturi Wealth Management LLC now owns 282 shares of the company's stock valued at $50,000 after purchasing an additional 226 shares during the last quarter. GAMMA Investing LLC grew its stake in AutoNation by 54.0% in the 3rd quarter. GAMMA Investing LLC now owns 311 shares of the company's stock valued at $56,000 after buying an additional 109 shares during the last quarter. Quarry LP increased its stake in shares of AutoNation by 498.5% during the second quarter. Quarry LP now owns 407 shares of the company's stock worth $65,000 after purchasing an additional 339 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its position in shares of AutoNation by 1,507.3% in the second quarter. EverSource Wealth Advisors LLC now owns 884 shares of the company's stock valued at $141,000 after acquiring an additional 829 shares during the period. 94.62% of the stock is owned by institutional investors.

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.