Analysts Estimate Report : What to Look Out for AutoNation (NYSE:AN)

Earnings results for AutoNation (NYSE:AN)

AutoNation, Inc. is expected* to report earnings on 04/20/2021 before market open. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 6 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.8. The reported EPS for the same quarter last year was $0.91.

AutoNation last released its quarterly earnings results on February 15th, 2021. The reported $2.43 EPS for the quarter, topping analysts’ consensus estimates of $2.01 by $0.42. The company earned $5.79 billion during the quarter, compared to analysts’ expectations of $5.61 billion. AutoNation has generated $4.55 earnings per share over the last year and currently has a price-to-earnings ratio of 22.2. AutoNation has confirmed that its next quarterly earnings report will be published on Tuesday, April 20th, 2021.

Analyst Opinion on AutoNation (NYSE:AN)

8 Wall Street analysts have issued ratings and price targets for AutoNation in the last 12 months. Their average twelve-month price target is $63.50, predicting that the stock has a possible downside of 34.92%. The high price target for AN is $80.00 and the low price target for AN is $40.00. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of “Hold.”

AutoNation has received a consensus rating of Hold. The company’s average rating score is 2.25, and is based on 3 buy ratings, 4 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $63.50, AutoNation has a forecasted downside of 34.9% from its current price of $97.57. AutoNation has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: AutoNation (NYSE:AN)

AutoNation does not currently pay a dividend. AutoNation does not have a long track record of dividend growth.

Insiders buying/selling: AutoNation (NYSE:AN)

In the past three months, AutoNation insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $15,322,523.00 in company stock. Only 2.10% of the stock of AutoNation is held by insiders. 63.36% of the stock of AutoNation is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of AutoNation (NYSE:AN

Earnings for AutoNation are expected to decrease by -0.15% in the coming year, from $6.73 to $6.72 per share. The P/E ratio of AutoNation is 22.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.65. The P/E ratio of AutoNation is 22.23, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 35.73. AutoNation has a PEG Ratio of 1.22. PEG Ratios above 1 indicate that a company could be overvalued. AutoNation has a P/B Ratio of 2.75. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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