Media stories about AutoNation (NYSE:AN) have been trending somewhat positive recently, according to Accern. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. AutoNation earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.548911051069 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- AutoNation Announces Fourth Quarter and Full Year 2017 Earnings Conference Call and Audio Webcast Scheduled for Thursday, February 1, 2018 (prnewswire.com)
- Mike Jackson of Autonation to chair the Federal Reserve Bank of Atlanta board of directors (floridatrend.com)
- AutoNation CEO Mike Jackson appointed chair of Atlanta Fed (bizjournals.com)
- AutoNation’s Jackson named chair of Atlanta Fed (autonews.com)
- Robert R. Grusky Sells 5,000 Shares of AutoNation, Inc. (AN) Stock (americanbankingnews.com)
Shares of AutoNation (NYSE AN) traded up $0.26 during midday trading on Friday, hitting $57.96. The stock had a trading volume of 487,942 shares, compared to its average volume of 902,311. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.73 and a quick ratio of 0.17. AutoNation has a one year low of $38.20 and a one year high of $58.44. The company has a market cap of $5,300.00, a P/E ratio of 14.60, a P/E/G ratio of 2.13 and a beta of 1.28.
AutoNation (NYSE:AN) last issued its earnings results on Thursday, November 2nd. The company reported $1.00 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.84 by $0.16. AutoNation had a return on equity of 16.40% and a net margin of 1.87%. The company had revenue of $5.43 billion during the quarter, compared to the consensus estimate of $5.58 billion. During the same period in the previous year, the company posted $1.05 EPS. The firm’s revenue for the quarter was down 2.4% compared to the same quarter last year. equities analysts predict that AutoNation will post 3.76 EPS for the current fiscal year.
A number of research firms have weighed in on AN. Wells Fargo & Co restated a “market perform” rating and issued a $50.00 price target (up from $40.00) on shares of AutoNation in a research note on Monday, November 6th. Susquehanna Bancshares restated a “negative” rating on shares of AutoNation in a research note on Thursday, September 28th. ValuEngine upgraded AutoNation from a “hold” rating to a “buy” rating in a research note on Thursday, November 2nd. Jefferies Group raised their price target on AutoNation from $44.00 to $50.00 and gave the company a “hold” rating in a research note on Friday, November 3rd. Finally, Moffett Nathanson started coverage on AutoNation in a research note on Monday, December 4th. They set a “neutral” rating for the company. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $46.88.
In related news, Director Robert R. Grusky sold 10,000 shares of AutoNation stock in a transaction that occurred on Wednesday, January 3rd. The stock was sold at an average price of $51.99, for a total transaction of $519,900.00. Following the completion of the sale, the director now directly owns 32,677 shares of the company’s stock, valued at approximately $1,698,877.23. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, COO Lance E. Iserman sold 5,886 shares of AutoNation stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $52.46, for a total value of $308,779.56. Following the sale, the chief operating officer now directly owns 4,860 shares of the company’s stock, valued at $254,955.60. The disclosure for this sale can be found here. Over the last three months, insiders have sold 27,733 shares of company stock valued at $1,471,647. 3.10% of the stock is currently owned by 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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