Q1 Earnings Estimate for AutoNation Issued By Zacks Research

AutoNation, Inc. (NYSE:AN) – Research analysts at Zacks Research reduced their Q1 2027 earnings per share estimates for AutoNation in a report released on Tuesday, June 30th. Zacks Research analyst Team now anticipates that the company will earn $5.39 per share for the quarter, down from their previous forecast of $5.51. The consensus estimate for AutoNation’s current full-year earnings is $21.24 per share. Zacks Research also issued estimates for AutoNation’s Q2 2027 earnings at $6.49 EPS, Q1 2028 earnings at $6.06 EPS and Q2 2028 earnings at $6.65 EPS.

AN has been the subject of several other research reports. UBS Group began coverage on shares of AutoNation in a research note on Wednesday, May 27th. They set a “buy” rating and a $234.00 target price for the company. Weiss Ratings upgraded shares of AutoNation from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, May 6th. Bank of America assumed coverage on shares of AutoNation in a report on Wednesday, March 4th. They issued a “buy” rating for the company. Barclays boosted their price objective on shares of AutoNation from $240.00 to $255.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $240.00 price objective on shares of AutoNation in a research note on Thursday, May 7th. Nine research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $246.90.

AutoNation Stock Performance

AN stock opened at $184.15 on Thursday. The stock’s 50 day simple moving average is $193.57 and its 200 day simple moving average is $199.58. AutoNation has a 12-month low of $176.62 and a 12-month high of $228.92. The firm has a market cap of $6.16 billion, a P/E ratio of 9.98, a P/E/G ratio of 0.99 and a beta of 0.74. The company has a current ratio of 0.81, a quick ratio of 0.20 and a debt-to-equity ratio of 2.62.

AutoNation (NYSE:AN) last issued its earnings results on Friday, May 1st. The company reported $4.69 EPS for the quarter, missing the consensus estimate of $4.71 by ($0.02). AutoNation had a return on equity of 31.45% and a net margin of 2.47%.The firm had revenue of $6.55 billion during the quarter, compared to analyst estimates of $6.65 billion. During the same quarter in the previous year, the business posted $4.68 EPS. AutoNation’s revenue was down 2.1% compared to the same quarter last year.

Insider Transactions at AutoNation

In other news, CAO Kimberly Dees sold 2,500 shares of the business’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $204.91, for a total transaction of $512,275.00. Following the completion of the transaction, the chief accounting officer owned 1,456 shares of the company’s stock, valued at approximately $298,348.96. The trade was a 63.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 1.40% of the company’s stock.

Institutional Trading of AutoNation

A number of large investors have recently modified their holdings of the company. Redwood Investment Management LLC lifted its position in AutoNation by 1.1% in the 1st quarter. Redwood Investment Management LLC now owns 5,372 shares of the company’s stock valued at $1,049,000 after purchasing an additional 61 shares during the last quarter. DV Trading LLC bought a new position in AutoNation in the 1st quarter worth about $247,000. Edgestream Partners L.P. increased its stake in shares of AutoNation by 54.4% in the first quarter. Edgestream Partners L.P. now owns 53,948 shares of the company’s stock valued at $10,534,000 after purchasing an additional 19,002 shares during the period. Kentucky Retirement Systems acquired a new stake in shares of AutoNation in the first quarter valued at approximately $1,041,000. Finally, Bull Harbor Capital LLC acquired a new stake in shares of AutoNation in the first quarter valued at approximately $381,000. Institutional investors and hedge funds own 94.62% 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.