AutoNation (AN) a Buy or a Sell? What does Wolfe Research Think?

October 2, 2018 - By Linda Rogers

AutoNation, Inc. (NYSE:AN) Logo

Investors sentiment decreased to 0.71 in 2018 Q2. Its down 0.31, from 1.02 in 2018Q1. It dropped, as 53 investors sold AutoNation, Inc. shares while 91 reduced holdings. 29 funds opened positions while 73 raised stakes. 58.94 million shares or 2.16% less from 60.24 million shares in 2018Q1 were reported.

Cibc Asset Mgmt Inc accumulated 4,558 shares. Utah Retirement holds 10,200 shares. Strs Ohio accumulated 977,219 shares or 0.2% of the stock. Markel holds 22,200 shares or 0.02% of its portfolio. Horizon Kinetics Ltd Liability Com accumulated 10,707 shares. Bessemer Grp reported 525 shares. Teacher Retirement System Of Texas accumulated 0% or 12,095 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0% or 3,234 shares. Retirement Of Alabama, Alabama-based fund reported 76,462 shares. Gemmer Asset Management Ltd Liability stated it has 0% in AutoNation, Inc. (NYSE:AN). Savant Capital Limited Liability Company invested 0.06% in AutoNation, Inc. (NYSE:AN). Tyvor Capital Limited Co reported 261,325 shares. 10,787 were reported by Cibc World Inc. The Wisconsin-based Northern Cap Limited Company has invested 1.14% in AutoNation, Inc. (NYSE:AN). Boston Private Wealth Llc, Massachusetts-based fund reported 12,447 shares.

Since June 15, 2018, it had 0 buys, and 4 sales for $4.60 million activity. 33,006 shares were sold by JACKSON MICHAEL J, worth $1.63 million. $225,979 worth of AutoNation, Inc. (NYSE:AN) was sold by BURDICK RICK L on Thursday, August 16.

How Wolfe Research Currently Rates AutoNation (AN)

EU: AutoNation (AN) coverage was started with a Underperform rating by stock analysts at Wolfe Research. This was revealed in analysts report on Tuesday, 2 October.

The stock decreased 1.37% or $0.57 during the last trading session, reaching $40.96. About 392,748 shares traded. AutoNation, Inc. (AN) has declined 4.43% since October 2, 2017 and is downtrending. It has underperformed by 20.05% the S&P500.

Analysts await AutoNation, Inc. (NYSE:AN) to report earnings on November, 1. They expect $1.25 earnings per share, up 15.74 % or $0.17 from last year’s $1.08 per share. AN’s profit will be $112.34M for 8.19 P/E if the $1.25 EPS becomes a reality. After $1.14 actual earnings per share reported by AutoNation, Inc. for the previous quarter, Wall Street now forecasts 9.65 % EPS growth.

AutoNation, Inc., through its subsidiaries, operates as an automotive retailer in the United States. The company has market cap of $3.68 billion. The firm operates in three divisions: Domestic, Import, and Premium Luxury. It has a 8.68 P/E ratio. It offers a range of automotive services and products, including new and used vehicles; and parts and services, such as automotive repair and maintenance services, and wholesale parts and collision services.

More recent AutoNation, Inc. (NYSE:AN) news were published by: which released: “What Will AutoNation Focus on in CEO Search?” on September 19, 2018. Also published the news titled: “Tesla starts making car carriers” on September 25, 2018.‘s news article titled: “Largest stock market losses and gains for South Florida public companies Sept. 24-28” with publication date: October 01, 2018 was also an interesting one.

AutoNation, Inc. (NYSE:AN) Ratings Chart

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