42.45 0.00 (0.00%)
After hours: 4:17PM EST
|Bid||42.01 x 1100|
|Ask||50.86 x 800|
|Day's Range||42.31 - 43.90|
|52 Week Range||32.83 - 53.19|
|Beta (5Y Monthly)||1.05|
|PE Ratio (TTM)||8.54|
|Earnings Date||Apr 23, 2020 - Apr 27, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||50.75|
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
While Toyota (TM) tops earnings estimates in third-quarter fiscal 2020, Honda (HMC) lags the same. Meanwhile, Tesla (TSLA) issues recall for most of the Model X SUVs built before mid-October 2016.
AutoNation (AN) delivered earnings and revenue surprises of 13.91% and -0.39%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
AutoNation Inc. shares rose 6% in premarket trade Tuesday, after the auto retailer swept past profit estimates for the fourth quarter. The company said it had net income of $157.7 million, or $1.74 a share, in the quarter, up from $92.7 million, or $1.02 a share, in the year-earlier period. The number includes net gains from store and property divestitures of $20 million after-tax, or 22 cents a share, and a non-cash gain related to an investment in Vroom of $19 million after-tax, or 21 cents a share. Revenue rose to $5.548.9 billion from $5.411.7 billion, also ahead of the $5.533 billion FactSet consensus. Same-store sales rose 4.0% to beat the 3.8% FactSet consensus. New vehicle sales fell to $3.025.4 billion from $3.066.6 billion, used car sales rose to $1.344.6 billion from $1.212.4 billion, parts and service revenue rose to $891.3 million from $868.0 million and finance and insurance revenue rose to $265.4 million from $245.4 million. Shares have gained 18% in the last 12 months, while the S&P 500 has gained 24%.
AutoNation Inc on Tuesday reported a 70% rise in quarterly profit, as higher demand for used vehicles helped the largest U.S. auto dealership chain offset a decline in new-vehicle sales. AutoNation has been investing in expanding its used-car business and branded car parts and services, such as collision repair centers, to boost future profitability. AutoNation's used-car and parts and services businesses, which carry higher margins than new-car sales, could help the company lessen its dependence on automakers that dictate strict terms to retailers.
AutoNation, Inc. (NYSE: AN), America's largest and most recognized automotive retailer, today announced that its Board of Directors appointed Lisa Lutoff-Perlo to the AutoNation Board, effective February 3, 2020. Ms. Lutoff-Perlo will serve as an independent director.
AutoNation, Inc. (NYSE: AN), AutoNation, America's largest and most recognized automotive retailer, today presented a check for $720,000 to the Breast Cancer Research Foundation (BCRF), the highest-rated breast cancer organization in the United States.
AutoNation (AN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
United Parcel Service Inc on Wednesday said it is ordering 10,000 electric delivery trucks from the UK-based Arrival Ltd and teaming with self-driving startup Waymo as package carriers work to cut costs and tail pipe pollution. The UPS/Arrival partnership includes a minority investment from the world's biggest package delivery firm and lands four months after customer-turned-rival Amazon.com Inc ordered 100,000 electric vans from Rivian, a Michigan startup partially funded by the world's largest online retailer. Its six-month test with Waymo, the self-driving unit of Google parent Alphabet Inc, starts next month.
If you own shares in AutoNation, Inc. (NYSE:AN) then it's worth thinking about how it contributes to the volatility of...
AutoNation (AN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Buying the stocks of good companies on bad news is my favorite investing method. The trick is to find bad news that is real but probably temporary Continue reading...
AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, today announced that it will release its financial results for the fourth quarter and year ended December 31, 2019 on Tuesday, February 11, 2020. AutoNation management will discuss these results and other information regarding the Company during a conference call and audio webcast that same day at 11:00 a.m. Eastern Time.
While highly-priced new vehicles amid mounting R&D costs could deter debt-weary millennials to make big ticket purchases, the demand for used vehicles is likely to remain robust.
Auto retail stocks are acting bullishly as holiday car sales ramp up. CarMax stock leads 5 auto retailers near buy points. CarMax earnings are due Friday.