Analysts expect that AutoNation, Inc. (NYSE:AN) will announce $0.91 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Seventeen analysts have provided estimates for AutoNation’s earnings, with the highest EPS estimate coming in at $1.06 and the lowest estimate coming in at $0.81. AutoNation reported earnings of $0.96 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 5.2%. The firm is expected to announce its next earnings report before the market opens on Tuesday, April 25th.

According to Zacks, analysts expect that AutoNation will report full-year earnings of $4.00 per share for the current year, with EPS estimates ranging from $3.62 to $4.41. For the next financial year, analysts anticipate that the business will report earnings of $4.44 per share, with EPS estimates ranging from $4.02 to $5.70. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that that provide coverage for AutoNation.

AutoNation (NYSE:AN) last announced its quarterly earnings results on Friday, February 3rd. The company reported $0.95 earnings per share for the quarter, missing analysts’ consensus estimates of $0.96 by $0.01. AutoNation had a net margin of 1.99% and a return on equity of 19.32%. The company earned $5.50 billion during the quarter, compared to analysts’ expectations of $5.58 billion. During the same period last year, the firm earned $0.96 earnings per share. AutoNation’s revenue was up 2.6% on a year-over-year basis.

A number of brokerages have recently commented on AN. TheStreet downgraded shares of AutoNation from a “b-” rating to a “c+” rating in a research note on Wednesday, March 1st. Jefferies Group LLC reissued a “hold” rating and issued a $49.00 target price on shares of AutoNation in a research note on Monday, February 6th. Evercore ISI downgraded shares of AutoNation from a “buy” rating to a “hold” rating in a research note on Monday, February 6th. Finally, Susquehanna Bancshares Inc began coverage on shares of AutoNation in a research note on Thursday, February 2nd. They issued a “neutral” rating and a $49.00 target price on the stock. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $49.40.

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Shares of AutoNation (NYSE:AN) traded up 3.03% during midday trading on Thursday, reaching $41.55. 2,941,185 shares of the company were exchanged. AutoNation has a 52-week low of $39.13 and a 52-week high of $54.15. The company has a market capitalization of $4.19 billion, a PE ratio of 10.02 and a beta of 1.05. The stock’s 50-day moving average price is $43.21 and its 200-day moving average price is $46.60.

In related news, Director Robert R. Grusky sold 5,000 shares of the firm’s stock in a transaction on Thursday, February 9th. The shares were sold at an average price of $47.76, for a total transaction of $238,800.00. Following the completion of the sale, the director now directly owns 29,213 shares of the company’s stock, valued at approximately $1,395,212.88. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Edward S. Lampert sold 4,773 shares of the firm’s stock in a transaction on Thursday, January 26th. The shares were sold at an average price of $53.32, for a total transaction of $254,496.36. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 434,610 shares of company stock valued at $19,844,902. Company insiders own 2.90% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. Burgundy Asset Management Ltd. raised its stake in AutoNation by 3.6% in the fourth quarter. Burgundy Asset Management Ltd. now owns 3,363,682 shares of the company’s stock worth $163,643,000 after buying an additional 117,726 shares during the last quarter. State Street Corp raised its stake in AutoNation by 3.8% in the fourth quarter. State Street Corp now owns 3,199,310 shares of the company’s stock worth $155,657,000 after buying an additional 116,925 shares during the last quarter. Chilton Investment Co. LLC raised its stake in AutoNation by 5.9% in the third quarter. Chilton Investment Co. LLC now owns 3,012,133 shares of the company’s stock worth $146,721,000 after buying an additional 166,893 shares during the last quarter. Artisan Partners Limited Partnership raised its stake in AutoNation by 8.5% in the fourth quarter. Artisan Partners Limited Partnership now owns 2,733,102 shares of the company’s stock worth $132,965,000 after buying an additional 214,832 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in AutoNation by 10.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,770,085 shares of the company’s stock worth $86,116,000 after buying an additional 167,115 shares during the last quarter. 66.90% of the stock is owned by institutional investors and hedge funds.

About AutoNation

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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