AutoNation (AN) Receives News Sentiment Score of 0.19
Press coverage about AutoNation (NYSE:AN) has trended somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. AutoNation earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.0528671563666 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- AutoNation, Inc. (AN) Expected to Post Earnings of $0.92 Per Share (americanbankingnews.com)
- Edge Therapeut Cm S (EDGE) and Autonation Inc (AN) Shares Needle Moving On Volume – Clawson News (clawsonnews.com)
- With Tax Savings, Some Employers to Boost 401(k) Contributions (msn.com)
- AutoNation CEO ‘honored’ to become chairman of Atlanta Fed (finance.yahoo.com)
- Auto industry has historic opportunity, AutoNation CEO says (autonews.com)
AN has been the topic of a number of recent analyst reports. Moffett Nathanson initiated coverage on shares of AutoNation in a research note on Monday, December 4th. They issued a “neutral” rating on the stock. Wells Fargo & Co reissued a “market perform” rating and set a $50.00 price target (up from $40.00) on shares of AutoNation in a research note on Monday, November 6th. Jefferies Group lifted their price target on shares of AutoNation from $44.00 to $50.00 and gave the stock a “hold” rating in a research note on Friday, November 3rd. ValuEngine raised shares of AutoNation from a “hold” rating to a “buy” rating in a research note on Thursday, November 2nd. Finally, Berenberg Bank started coverage on shares of AutoNation in a research note on Wednesday, October 4th. They set a “buy” rating and a $55.00 price target on the stock. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company. AutoNation has an average rating of “Hold” and an average price target of $46.88.
AutoNation (NYSE:AN) last released its quarterly earnings results on Thursday, November 2nd. The company reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.16. The business had revenue of $5.43 billion for the quarter, compared to analysts’ expectations of $5.58 billion. AutoNation had a net margin of 1.80% and a return on equity of 16.66%. The firm’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.05 earnings per share. equities analysts expect that AutoNation will post 3.75 EPS for the current year.
In related news, Director Robert R. Grusky sold 10,000 shares of AutoNation stock in a transaction on Wednesday, January 3rd. The shares were sold at an average price of $51.99, for a total value of $519,900.00. Following the sale, the director now owns 32,677 shares in the company, valued at $1,698,877.23. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Lance E. Iserman sold 5,886 shares of the business’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $52.46, for a total transaction of $308,779.56. Following the sale, the chief operating officer now owns 4,860 shares in the company, valued at approximately $254,955.60. The disclosure for this sale can be found here. In the last quarter, insiders sold 27,733 shares of company stock worth $1,471,647. 3.10% of the stock is currently owned by company insiders.
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AutoNation, Inc (AutoNation) is an automotive retailer in the United States. The Company offers a range of automotive products and services, including new vehicles, used vehicles, parts and service, which includes automotive repair and maintenance services, as well as wholesale parts and collision businesses, and automotive finance and insurance products, including vehicle service and other protection products, as well as the arranging of financing for vehicle purchases through third-party finance sources.
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