AutoNation (AN) Earning Somewhat Favorable Media Coverage, Study Finds

News headlines about AutoNation (NYSE:AN) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AutoNation earned a daily sentiment score of 0.06 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.5328163615639 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the headlines that may have impacted Accern’s scoring:

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AN opened at $46.47 on Monday. The firm has a market capitalization of $4,267.11, a P/E ratio of 12.20, a P/E/G ratio of 1.11 and a beta of 1.40. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.25 and a current ratio of 0.85. AutoNation has a 12-month low of $38.20 and a 12-month high of $62.02.

AutoNation (NYSE:AN) last posted its quarterly earnings results on Thursday, February 1st. The company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.10. The firm had revenue of $5.68 billion for the quarter, compared to analysts’ expectations of $5.57 billion. AutoNation had a net margin of 2.02% and a return on equity of 16.24%. The firm’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.86 earnings per share. equities research analysts anticipate that AutoNation will post 4.91 EPS for the current fiscal year.

Several brokerages have recently weighed in on AN. ValuEngine downgraded shares of AutoNation from a “buy” rating to a “hold” rating in a research note on Wednesday, March 28th. Jefferies Group restated a “hold” rating and issued a $60.00 target price on shares of AutoNation in a research note on Friday, February 2nd. Bank of America restated a “hold” rating and issued a $65.00 target price on shares of AutoNation in a research note on Thursday, February 1st. Finally, Morgan Stanley upped their target price on shares of AutoNation from $49.00 to $57.00 and gave the company an “overweight” rating in a research note on Wednesday, March 14th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $50.78.

In related news, Director Robert R. Grusky sold 5,000 shares of the company’s stock in a transaction on Monday, January 22nd. The shares were sold at an average price of $60.00, for a total value of $300,000.00. Following the sale, the director now directly owns 37,677 shares of the company’s stock, valued at $2,260,620. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 2.80% of the company’s stock.

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AutoNation Company Profile

AutoNation, Inc, through its subsidiaries, operates as an automotive retailer in the United States. The company operates through three segments: Domestic, Import, and Premium Luxury. It offers a range of automotive products and services, including new and used vehicles; and parts and services, such as automotive repair and maintenance, and wholesale parts and collision services.

Insider Buying and Selling by Quarter for AutoNation (NYSE:AN)

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