AutoNation FY2027 EPS Forecast Reduced by Zacks Research

AutoNation, Inc. (NYSE:AN) – Investment analysts at Zacks Research cut their FY2027 earnings per share (EPS) estimates for shares of AutoNation in a report issued on Friday, August 14th. Zacks Research analyst Team now expects that the company will post earnings of $23.51 per share for the year, down from their prior estimate of $24.27. The consensus estimate for AutoNation’s current full-year earnings is $21.69 per share. Zacks Research also issued estimates for AutoNation’s Q4 2027 earnings at $6.03 EPS, Q1 2028 earnings at $6.22 EPS and FY2028 earnings at $26.11 EPS.

AutoNation (NYSE:AN) last announced its quarterly earnings data on Friday, July 31st. The company reported $5.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.48 by $0.08. The firm had revenue of $6.93 billion for the quarter, compared to analysts’ expectations of $7 billion. AutoNation had a return on equity of 31.24% and a net margin of 2.82%.The firm’s revenue for the quarter was down .6% on a year-over-year basis. During the same period last year, the business posted $2.26 earnings per share.

Other equities research analysts have also issued reports about the company. UBS Group reaffirmed a “buy” rating and issued a $248.00 target price on shares of AutoNation in a research report on Monday, August 3rd. Stephens upped their price target on shares of AutoNation from $220.00 to $232.00 and gave the stock an “equal weight” rating in a research report on Monday, August 10th. Morgan Stanley increased their price objective on shares of AutoNation from $240.00 to $250.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Seaport Research Partners reiterated a “buy” rating and issued a $255.00 price objective on shares of AutoNation in a research report on Monday, August 3rd. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of AutoNation in a research note on Monday, August 3rd. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, AutoNation has an average rating of “Moderate Buy” and an average price target of $250.00.

AutoNation Trading Down 2.1%

NYSE:AN opened at $204.93 on Tuesday. The firm has a market capitalization of $6.77 billion, a P/E ratio of 9.49, a P/E/G ratio of 0.87 and a beta of 0.71. The business has a 50 day simple moving average of $200.12 and a 200 day simple moving average of $198.04. The company has a debt-to-equity ratio of 2.68, a current ratio of 0.78 and a quick ratio of 0.18. AutoNation has a 12-month low of $176.62 and a 12-month high of $235.81.

Institutional Investors Weigh In On AutoNation

Hedge funds and other institutional investors have recently modified their holdings of the stock. Brandywine Global Investment Management LLC increased its position in shares of AutoNation by 27.1% during the 4th quarter. Brandywine Global Investment Management LLC now owns 57,269 shares of the company’s stock valued at $11,825,000 after purchasing an additional 12,210 shares during the period. WINTON GROUP Ltd acquired a new stake in shares of AutoNation in the fourth quarter valued at $6,443,000. Evolve Private Wealth LLC bought a new position in AutoNation during the fourth quarter valued at about $4,077,000. Intech Investment Management LLC boosted its stake in AutoNation by 180.1% during the fourth quarter. Intech Investment Management LLC now owns 13,206 shares of the company’s stock valued at $2,727,000 after buying an additional 8,491 shares in the last quarter. Finally, Leonteq Securities AG acquired a new position in AutoNation during the fourth quarter worth about $2,247,000. 94.62% of the stock is currently owned by institutional investors.

Insider Transactions at AutoNation

In other news, Director Lisa Lutoff-Perlo sold 900 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $220.00, for a total value of $198,000.00. Following the completion of the transaction, the director owned 7,989 shares of the company’s stock, valued at approximately $1,757,580. This represents a 10.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 1.40% of the company’s stock.

AutoNation Company Profile

AutoNation, Inc is the largest automotive retailer in the United States, operating a network of franchised new vehicle dealerships, pre-owned vehicle superstores and collision-repair centers. The company offers a comprehensive range of automotive products and services, including the sale of new cars and light trucks from leading manufacturers, certified pre-owned vehicles and a wide selection of used models. In addition to retail vehicle sales, AutoNation provides financing, insurance and extended service contracts through its in-house financial services division, as well as genuine and aftermarket parts, factory-recommended maintenance and collision-repair services.

Headquartered in Fort Lauderdale, Florida, AutoNation was founded in 1996 by entrepreneur H.