|Bid||33.45 x 900|
|Ask||33.45 x 900|
|Day's Range||32.95 - 33.54|
|52 Week Range||32.83 - 51.99|
|Beta (3Y Monthly)||0.84|
|PE Ratio (TTM)||7.72|
|Earnings Date||Apr 29, 2019 - May 3, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||38.50|
AutoNation Inc NYSE:ANView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is moderate Bearish sentimentShort interest | PositiveShort interest is moderate for AN with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold AN had net inflows of $2.09 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. AN credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
FORT LAUDERDALE, Fla. , March 7, 2019 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, today announced thirty-five (35) of its stores have been certified in the J.D. ...
The Zacks Analyst Blog Highlights: Sonic Automotive, Copart, AutoNation and Magna International
Magna's (MGA) revenues beat estimates while that of Sonic Automotive (SAH), Copart (CPRT) and AutoNation (AN) miss.
Leveraging new technologies will be key in AutoNation Inc.'s return to growth territory, said Carl Liebert, the incoming CEO of AutoNation Inc.
Struggles across Domestic, Import and Luxury Premium segments hurt AutoNation's (AN) revenues and earnings in fourth-quarter 2018.
How does the old saying go? When it rains, it pours? Well, Tesla (NASDAQ:TSLA) CEO Elon Musk is experiencing a storm right now. After Tesla stock already lost ground in the wake of a few too many red flags, there's now news that Consumer Reports is dropping its recommendation of the Tesla Model 3 due to reliability and quality concerns.Source: Flickr The news knocked another 4% off the value of Tesla stock, bringing the ten-week rout to a little more than 20%. Musk responded, of course, explaining the company has already addressed the chief concerns brought up by Consumer Reports based on surveys that ended in September. And, perhaps the typical Model 3 rolling off the line now is indeed a better machine than the ones manufactured just a few months ago. * 7 Healthy Dividend Stocks to Buy for Extra Stability The truth of the matter means much less than investors' (and consumers') perception of the company though, which is a headache Musk largely created for himself.InvestorPlace - Stock Market News, Stock Advice & Trading Tips What Consumer Reports SaidThe official opinion from Consumer Reports:"While Teslas perform well in Consumer Reports' road tests and have excellent owner satisfaction, their reliability has not been consistent, according to our members, which has resulted in changes to their recommended status."The refreshed stance on the Model 3 went on to say, however:"In most cases, reliability issues will undermine satisfaction," Fisher adds. "But when a vehicle has an enthusiastic following, like with Tesla, owners may overlook some issues."It's almost a vindication. And, Musk made a good point when he reminded the world that the National Highway Traffic Safety Administration (NHTSA) has given all the company's electric vehicles its highest of safety ratings.The accolades do little to reassure current and prospective owners of Tesla stock.In short, Tesla remains a company that's spinning out of control, struggling to find any semblance of stability. Tesla Stock's Road Is Lined With Red FlagsThe latest ancillary evidence? Shortly before Consumer Reports retracted its enthusiasm for the Model 3, the company's in-house lead attorney Dane Butswinkas -- the same Dane Butswinkas that represented Musk following the "taking Tesla private" tweet the SEC didn't particularly like -- has resigned after only two months on the job.That's still not the shortest-lived stint among executives though. In September, Tesla Chief Accounting Officer Dave Morton stepped down after only one month on the job.There's more, though it's potentially more of a reprisal of past trouble. On Tuesday, new tweets from Musk surfaced that loosely suggested a production outlook for the current year. As part of his settlement with the SEC, Musk's tweets were supposed to be approved by someone inside the company other than Musk, and are supposed to steer clear of anything that might directly affect the value of Tesla stock.Musk may be slipping back into his old ego-driven ways, perhaps leading to renewed legal trouble in the process.And that's not all.Just a few days before Musk's ill-advised tweets pointing to production rates, the company hinted it would offer leasing options for the Model 3 before the end of the year. CFRA analyst Garrett Nelson believes the prospect of leasing, which had largely been ruled out until now, is an indications of waning demand driven by the expiration of tax credits on the purchase of electric vehicles.Nelson added "Looking past the near term, we expect TSLA to face significantly increased EV competition starting with the 2021 model year," perhaps referring to ramped-up (and some new) electric vehicle production from the likes of Ford (NYSE:F), Nio (NYSE:NIO) and others.Just a few days before that, Musk suggested Tesla will be able to manufacture a fully-self-driving car before the end of the year… a prediction so outlandish, according to AutoNation (NYSE:AN) CEO Mike Jackson, that it's "almost unethical."Around the same time, word began to spread that returns of purchase deposits and refunds on returned cars were taking months to receive, perhaps pointing to liquidity challenges, but at the very least indicating inattentive service.And all of this happened in a week. A week. Bottom Line for Tesla StockIt would be comforting to think the past week was a highly unusual one for Tesla, and Musk. And to be fair, it certainly wasn't the norm.On the other hand, it's not as if anyone could fairly say the tsunami of alarming news and events was unheard of. We've seen this kind of frenzy up-end the stock before.In total, unfortunately, it's a sign that chaos is still the norm for Tesla. While "flying by the seat of your pants" may work for startups and small businesses, it doesn't work for $50 billion companies trying to reshape an entire industry with an armada of competition ready to stage a direct attack. Musk, and now Tesla, are far too old to not have the operation fine-tuned into a well-oiled and effective EV-making machine. * 9 High-Growth Stocks to Buy Now for Monster Returns If it hasn't happened yet…why should investors believe Tesla will ever get its act together?As of this writing, James Brumley held a long position in Ford. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Hot Stocks For Goldman Sachs' New Investing Strategy * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now Compare Brokers The post Consumer Reports News Adds to a Growing List of Tesla's Red Flags appeared first on InvestorPlace.
AutoNation Inc. , the nation’s largest car-dealership chain, has named Carl Liebert its new CEO, tapping an industry outsider to steer the company through a period of transformation in the auto-retailing sector. Mr. Liebert, a 53-year-old executive with experience in retailing and financial services, will take the top job as new technology and the rise in e-commerce are reshaping how consumers shop for and buy cars.
AutoNation news, including its earnings report and a change in CEOs, has AN stock down on Friday.Source: AutoNationStarting off with its earnings report for the fourth quarter of 2018, AutoNation (NYSE:AN) reported earnings per share of $1.02. This is the same as the company's earnings per share from the same time last year. However, it is bad news for AN stock by coming in below Wall Street's earnings per share estimate of $1.14 for the quarter.The AutoNation news also includes net income of $92.70 million for the fourth quarter of the year. The automotive retailer's net income from the same period of the year prior was $151.30 million.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOperating income reported by AutoNation in the fourth quarter of 2018 comes in at $197.30 million. This is a drop from the company's operating income of $229.30 million reported in the fourth quarter of 2017.Revenue in the AutoNation news release for its fourth quarter earnings report is $5.41 billion. This is down from the company's revenue of $5.68 billion reported in the fourth quarter of the previous year. It was also a blow to AN stock by missing analysts' revenue estimate of $5.63 billion for the period. * 9 High-Growth Stocks to Buy Now for Monster Returns The AutoNation news continues with President, CEO and Chairman Mike Jackson being replaced by Carl Liebert. Liebert will take over the roles of President and CEO on March 11, 2019. At this time, Jackson will become the Executive Chairman of the Board.AN stock was down 4% as of Friday afternoon. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Hot Stocks For Goldman Sachs' New Investing Strategy * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post AutoNation News: AN Stock Slips on Earnings Miss, New CEO Named appeared first on InvestorPlace.
AutoNation reported lower-than-expected quarterly profit and revenue as it sold fewer new vehicles and gross profits on new vehicle sales declined. AutoNation's profits have been under pressure as overall new vehicle sales have weakened. Liebert will take charge on March 11.
Outgoing AutoNation CEO Mike Jackson says investors should not buy auto stocks when the industry heads into a period of decline.
AutoNation, the country's largest auto dealership chain, went outside the auto industry to find its new chief executive, appointing a top leader from the USAA financial services company. The Fort Lauderdale, Florida, chain announced Friday that Carl Liebert will take over for the retiring Mike Jackson on March 11. Liebert is now USAA's chief operating officer, but he has retailing experience from working at The Home Depot, where he was executive vice president of stores for the home supply and lumber chain with more than 2,000 outlets.
Longtime AutoNation CEO Mike Jackson is retiring. On the way out, he had some bad news for automotive investors and for Elon Musk.
AutoNation (AN) delivered earnings and revenue surprises of -3.51% and -3.25%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
Shares of AutoNation Inc. were falling Friday morning after the company missed Wall Street's earnings estimates. The automotive retailer also announced it had named a new CEO to replace Mike Jackson, who's stepping down.
Tesla CEO Elon Musk is "overpromising" on autonomous vehicles, AutoNation CEO Mike Jackson says.
AutoNation Inc. reported a fourth-quarter drop in earnings and revenue fell more than expected, while naming a new CEO and implementing a restructuring plan. The auto retailer's stock was indicated down fractionally in premarket trade. Net income fell to $92.7 million, or $1.02 a share, from $151.3 million, or $1.64 a share, in the same period a year ago. The latest quarter included restructuring charges of 8 cents per share, while year-ago results included a 45-cents per share tax-reform benefit. The FactSet consensus for earnings per share was $1.15. Revenue fell to $5.41 billion from $5.68 billion, below the FactSet consensus of $5.63 billion, as new and used vehicle and parts and service revenue all missed expectations. The restructuring plan targets lowering costs by $50 million a year. Separately, the company named Carl Liebert its new CEO effective March 11. Liebert, currently Chief Operating Officer at USAA, will succeed current CEO Mike Jackson, who will assume the role of executive chairman on March 11. The stock has lost 26% over the past 12 months while the S&P 500 has gained 2.6%.
On a per-share basis, the Fort Lauderdale, Florida-based company said it had profit of $1.02. Earnings, adjusted for restructuring costs and to account for discontinued operations, were $1.10 per share. ...
Autonation in the red after earnings miss, while its CEO Mike Jackson, who will be stepping down, blasted Elon Musk for overpromising on autonomous vehicles. Yahoo Finance's Dan Roberts joins Jackie DeAngelis.
AutoNation CEO Mike Jackson criticized Tesla CEO Elon Musk's marketing of his autonomous vehicles as well as his practice of taking orders on the Model 3.