AutoNation (NASDAQ: AN) Market Updates – Analysis and Comparisons

AutoNation Inc day trading at USD 34.82 per share, then rallying to 35.78 and closing at USD 35.7 per share. A net gain of 2.52% for the day. Long term pricing analysis shows the stock trading at 32.73% lower than it’s 52week high and -67.58% higher than the 52week low. The share volume traded for the day was 595K which was 0 times the 50 Day Average Volume.

AutoNation Inc had a market cap of 3,113,580K as on 15th May 2020. The Earnings Per Share (EPS) for Q4 2019 is $ 1.38.

AutoNation Inc is an American automotive retailer, which provides new and pre-owned vehicles and associated services in the United States. The company was founded by Wayne Huizenga in 1996, and has more than 360 retail outlets.

Financial Results

AutoNation Inc Reports First Quarter Of Fiscal 2020.

  • AutoNation, Inc. (NYSE: AN), America’s largest and most recognized automotive retailer, reported first-quarter 2020 GAAP net loss from continuing operations of $232 million, or $2.58 per share, compared to net income from continuing operations of $92 million, or $1.02 per share, in the prior-year period.
  • First-quarter 2020 adjusted net income from continuing operations was $82 million, or $0.91 per share, compared to adjusted net income from continuing operations of $86 million, or $0.95 per share, in the prior-year period.
  • In the first quarter of 2020, the Company recorded non-cash goodwill, franchise rights, and other impairment charges totaling $315 million after-tax, or $3.49 per share.

AutoNation Inc (15th May 2020): The Institutional Ownership as of today stood at 62.52%and the Total Value of Holdings (millions) is $ 1,810.

New Institutional Holders and other activity – As of today, the total number of shares held is 54,529,763 by 293 institutional holders.

LATEST NEWS:

15-May-2020:-  SunTrust Banks Comments on AutoNation, Inc.’s Q2 2020 Earnings (NYSE: AN) – Modern Readers

AutoNation, Inc. (NYSE:AN) – Analysts at SunTrust Banks lifted their Q2 2020 earnings estimates for shares of AutoNation in a note issued to investors on Tuesday, May 12th. SunTrust Banks analyst S. Benjamin now anticipates that the company will post earnings per share of $0.10 for the quarter, up from their previous forecast of $0.06.

15-April-2020:-  Stone Ridge Asset Management LLC Increases Stock Holdings in AutoNation, Inc. (NYSE: AN)

Stone Ridge Asset Management LLC raised its stake in AutoNation, Inc. (NYSE: AN) by 86.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,607 shares of the company’s stock after purchasing an additional 10,453 shares during the quarter.

14-May-2020:-  Northcoast Research Comments on AutoNation, Inc.’s Q4 2020 Earnings (NYSE: AN)

AutoNation, Inc. (NYSE: AN) – Research analysts at Northcoast Research upped their Q4 2020 earnings per share (EPS) estimates for AutoNation in a note issued to investors on Tuesday, May 12th. Northcoast Research analyst J. Healy now expects that the company will earn $1.26 per share for the quarter, up from their prior estimate of $1.23.

 

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