Seaport Res Ptn Boosts Earnings Estimates for AutoNation

AutoNation, Inc. (NYSE:AN) – Investment analysts at Seaport Res Ptn increased their FY2025 earnings per share estimates for AutoNation in a report released on Monday, November 10th. Seaport Res Ptn analyst G. Chin now expects that the company will earn $20.15 per share for the year, up from their previous estimate of $19.94. The consensus estimate for AutoNation’s current full-year earnings is $18.15 per share. Seaport Res Ptn also issued estimates for AutoNation’s FY2026 earnings at $20.87 EPS.

Other equities analysts also recently issued research reports about the stock. JPMorgan Chase & Co. lifted their target price on shares of AutoNation from $230.00 to $235.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Stephens boosted their price objective on AutoNation from $190.00 to $200.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 29th. Wall Street Zen lowered AutoNation from a “buy” rating to a “hold” rating in a research report on Saturday, September 13th. Guggenheim lowered their target price on AutoNation from $230.00 to $228.00 and set a “buy” rating for the company in a report on Monday, August 11th. Finally, Bank of America reduced their price objective on shares of AutoNation from $255.00 to $250.00 and set a “buy” rating for the company in a research report on Wednesday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $234.75.

AutoNation Stock Down 0.4%

Shares of NYSE AN opened at $193.08 on Tuesday. The company’s 50 day moving average price is $213.85 and its 200-day moving average price is $202.33. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.20 and a current ratio of 0.79. AutoNation has a 52-week low of $148.33 and a 52-week high of $228.92. The company has a market capitalization of $7.04 billion, a P/E ratio of 11.36, a price-to-earnings-growth ratio of 0.91 and a beta of 0.87.

AutoNation (NYSE:AN) last posted its quarterly earnings data on Thursday, October 23rd. The company reported $5.01 EPS for the quarter, topping analysts’ consensus estimates of $4.85 by $0.16. AutoNation had a return on equity of 31.84% and a net margin of 2.38%.The company had revenue of $7.04 billion for the quarter, compared to analyst estimates of $6.74 billion. During the same period in the previous year, the firm earned $4.02 earnings per share. The firm’s quarterly revenue was up 6.9% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in AN. Cerity Partners LLC lifted its position in AutoNation by 95.3% in the 1st quarter. Cerity Partners LLC now owns 5,247 shares of the company’s stock valued at $850,000 after acquiring an additional 2,561 shares in the last quarter. CWM LLC raised its position in AutoNation by 558.0% in the 1st quarter. CWM LLC now owns 5,817 shares of the company’s stock valued at $942,000 after buying an additional 4,933 shares during the last quarter. Edgestream Partners L.P. lifted its stake in AutoNation by 462.5% during the 1st quarter. Edgestream Partners L.P. now owns 54,071 shares of the company’s stock valued at $8,755,000 after acquiring an additional 44,458 shares in the last quarter. Larson Financial Group LLC boosted its holdings in AutoNation by 16.7% during the 1st quarter. Larson Financial Group LLC now owns 1,919 shares of the company’s stock worth $311,000 after acquiring an additional 275 shares during the last quarter. Finally, Dynasty Wealth Management LLC grew its stake in shares of AutoNation by 6.5% in the 1st quarter. Dynasty Wealth Management LLC now owns 5,310 shares of the company’s stock worth $860,000 after acquiring an additional 325 shares in the last quarter. 94.62% of the stock is currently owned by institutional investors and hedge funds.

AutoNation declared that its board has authorized a share repurchase plan on Friday, October 31st that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the company to purchase up to 13.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

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.