Q1 Earnings Estimate for AutoNation Issued By Zacks Research

AutoNation, Inc. (NYSE:AN) – Stock analysts at Zacks Research cut their Q1 2027 earnings per share estimates for shares of AutoNation in a research report issued to clients and investors on Tuesday, June 30th. Zacks Research analyst Team now forecasts that the company will post earnings of $5.39 per share for the quarter, down from their prior estimate 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.

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

Several other equities analysts have also recently commented on the stock. UBS Group assumed coverage on shares of AutoNation in a research note on Wednesday, May 27th. They set a “buy” rating and a $234.00 target price on the stock. Bank of America assumed coverage on shares of AutoNation in a research note on Wednesday, March 4th. They issued a “buy” rating for the company. Citigroup increased their price objective on shares of AutoNation from $269.00 to $287.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Barclays raised their price objective on shares of AutoNation from $240.00 to $255.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Finally, Weiss Ratings raised AutoNation from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, May 6th. Nine equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $246.90.

AutoNation Stock Performance

AN stock opened at $184.15 on Thursday. The company has a market capitalization of $6.16 billion, a P/E ratio of 9.98, a PEG ratio of 0.99 and a beta of 0.74. The company has a 50-day simple moving average of $193.57 and a 200 day simple moving average of $199.58. AutoNation has a fifty-two week low of $176.62 and a fifty-two week high of $228.92. The company has a quick ratio of 0.20, a current ratio of 0.81 and a debt-to-equity ratio of 2.62.

Insiders Place Their Bets

In related news, CAO Kimberly Dees sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was 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 $298,348.96. This trade represents a 63.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On AutoNation

Hedge funds and other institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. boosted its position in shares of AutoNation by 37.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 235 shares of the company’s stock valued at $38,000 after purchasing an additional 64 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of AutoNation in the 4th quarter worth approximately $41,000. Employees Retirement System of Texas bought a new stake in shares of AutoNation in the 3rd quarter worth approximately $48,000. Smartleaf Asset Management LLC lifted its stake in AutoNation by 49.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 259 shares of the company’s stock valued at $54,000 after purchasing an additional 86 shares during the last quarter. Finally, Sound Income Strategies LLC acquired a new stake in AutoNation during the fourth quarter valued at approximately $57,000. 94.62% of the stock is currently owned by institutional investors.

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.