Brokerages expect AutoNation, Inc. (NYSE:AN) to report earnings of $0.94 per share for the current fiscal quarter, Zacks reports. Twelve analysts have provided estimates for AutoNation’s earnings. The highest EPS estimate is $1.03 and the lowest is $0.83. AutoNation posted earnings of $1.01 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 6.9%. The firm is scheduled to report its next earnings results on Tuesday, May 7th.

According to Zacks, analysts expect that AutoNation will report full-year earnings of $4.18 per share for the current year, with EPS estimates ranging from $3.54 to $4.60. For the next fiscal year, analysts forecast that the company will post earnings of $4.25 per share, with EPS estimates ranging from $3.02 to $4.80. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that cover AutoNation.

AutoNation (NYSE:AN) last announced its quarterly earnings data on Friday, February 22nd. The company reported $1.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.14 by ($0.04). The firm had revenue of $5.41 billion during the quarter, compared to analyst estimates of $5.63 billion. AutoNation had a net margin of 1.85% and a return on equity of 15.89%. The company’s quarterly revenue was down 4.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.02 EPS.

AN has been the topic of several research reports. Seaport Global Securities began coverage on AutoNation in a research report on Wednesday, February 13th. They issued a “neutral” rating and a $38.06 target price on the stock. JPMorgan Chase & Co. started coverage on AutoNation in a research note on Tuesday, February 19th. They set an “underweight” rating and a $40.00 target price for the company. Jefferies Financial Group restated a “hold” rating and set a $41.00 target price on shares of AutoNation in a research note on Sunday, February 24th. Finally, Bank of America restated a “buy” rating and set a $55.00 target price (down previously from $59.00) on shares of AutoNation in a research note on Tuesday, February 26th. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $41.38.

In other AutoNation news, Director Robert R. Grusky sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, January 2nd. The stock was sold at an average price of $35.36, for a total value of $88,400.00. Following the completion of the sale, the director now owns 39,611 shares in the company, valued at approximately $1,400,644.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David B. Edelson acquired 1,150 shares of AutoNation stock in a transaction on Monday, February 25th. The stock was purchased at an average price of $36.06 per share, with a total value of $41,469.00. Following the transaction, the director now directly owns 37,030 shares in the company, valued at approximately $1,335,301.80. The disclosure for this purchase can be found here. Insiders sold a total of 23,039 shares of company stock valued at $786,143 in the last quarter. Corporate insiders own 2.40% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the company. AlphaOne Investment Services LLC acquired a new position in shares of AutoNation in the 4th quarter worth approximately $25,000. Bessemer Group Inc. raised its holdings in shares of AutoNation by 67.8% in the 4th quarter. Bessemer Group Inc. now owns 881 shares of the company’s stock worth $31,000 after buying an additional 356 shares in the last quarter. We Are One Seven LLC acquired a new stake in AutoNation during the 4th quarter valued at $32,000. Quantamental Technologies LLC acquired a new stake in AutoNation during the 4th quarter valued at $67,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in AutoNation by 16.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,191 shares of the company’s stock valued at $150,000 after purchasing an additional 601 shares in the last quarter. 64.31% of the stock is owned by institutional investors and hedge funds.

Shares of AutoNation stock opened at $32.89 on Friday. The firm has a market capitalization of $3.01 billion, a PE ratio of 7.33, a PEG ratio of 3.17 and a beta of 1.05. The company has a quick ratio of 0.22, a current ratio of 0.86 and a debt-to-equity ratio of 0.71. AutoNation has a fifty-two week low of $32.85 and a fifty-two week high of $51.99.

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.

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Earnings History and Estimates for AutoNation (NYSE:AN)

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