|Bid||46.49 x 800|
|Ask||48.00 x 1100|
|Day's Range||43.70 - 47.99|
|52 Week Range||32.83 - 49.22|
|Beta (3Y Monthly)||1.14|
|PE Ratio (TTM)||10.59|
|Earnings Date||Jul 30, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||42.80|
AutoNation reported adjusted EPS at $1.20, beating the consensus expectation of $1.07. AutoNation’s EPS is particularly impressive, given that U.S. Retail SAAR declined by around 4% year-on-year, while New Vehicle Units came is about 4% lower than consensus. AutoNation’s management shuffle came as a surprise, with CEO Carl Liebert being replaced by former CFO Cheryl Miller.
Mike Jackson, former longtime CEO of AutoNation, said the company took a risk by appointing Carl Liebert to lead the automotive retailer, but he "wasn't a good fit." Jackson addressed Liebert's abrupt resignation from the nation's largest automotive retailer (NYSE: AN) during a Tuesday earnings call that followed the announcement. "It was just a bridge too far," he said of Liebert's prior experience, which lacked automotive companies. "I don't feel the need to drag things out after admitting it wasn’t working, so we made the decision unanimously for Cheryl [Miller]." Miller was named CEO Monday, effective immediately, after Liebert's tenure of just five months.
Parting is such sweet sorrow—sometimes. On Monday evening, both AutoNation and TD Ameritrade reported upbeat earnings and CEO departures, but only the former’s stock is getting a major bounce.
AutoNation soared after it named its second new CEO this year, tapping its chief financial officer, Cheryl Miller, for the top job. Miller succeeds Carl Liebert, who the Fort Lauderdale, Florida, car retailer said in a statement was leaving by mutual agreement to pursue other interests. Liebert had been named CEO in February.
Cheryl Miller is AutoNation's new CEO and president after serving as the company's CFO for the last five years. Miller replaces Carl Liebert in the role, effective immediately. A Monday statement from the Fort Lauderdale-based automotive giant (NYSE: AN) said Liebert is leaving the company to "pursue other interests," but will remain for the next 30 days to help with the transition.
AutoNation (AN) delivered earnings and revenue surprises of 11.11% and 0.29%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
AutoNation Inc. shares were unchanged in the extended session Monday after the auto retailer reported earnings and named a new chief executive. AutoNation shares were flat after hours, following a 0.2% decline to close the regular session at $41.95. The company reported second-quarter net income of $100.8 million, or $1.12 a share, compared with $97.6 million, or $1.07 a share, in the year-ago period. Revenue declined to $5.34 billion from $5.39 billion in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of $1.07 a share on revenue of $5.29 billion. AutoNation also named its Chief Financial Officer Cheryl Miller as CEO and president effective immediately, replacing Carl Liebert, and Christopher Cade as interim CFO while an executive search is conducted.
AutoNation Inc , the largest U.S. auto dealership chain, on Monday named a new chief executive four months after picking someone else for the position, while posting a stronger-than-expected quarterly profit. Cheryl Miller, who was AutoNation's chief financial officer, immediately replaces Carl Liebert, who will remain for 30 days to assist with the transition. Liebert assumed the CEO position on March 11, a month after his hiring was announced from financial services company USAA, where he had been chief operating officer.
- EPS from continuing operations for the second quarter was a record $1.12 and included a non-cash franchise rights impairment charge of $0.08 per share - Net income from continuing operations was $101 ...
FORT LAUDERDALE, Fla., July 22, 2019 /PRNewswire/ -- AutoNation, Inc. (AN), America's largest automotive retailer, today announced that Cheryl Miller, AutoNation's Chief Financial Officer, has been appointed Chief Executive Officer and President, effective today, July 22, 2019, replacing Carl Liebert. Carl and the Board of Directors of AutoNation mutually agreed that he would leave to pursue other interests. Carl will remain with the Company for the next 30 days to assist with the transition.
Wall Street expects Tuesday's report to show a year-over-year decline in earnings on lower revenue for the multi-brand car dealership.
AutoNation (AN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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FORT LAUDERDALE, Fla. , June 28, 2019 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, today announced that it will release its financial results for the second quarter ...
AutoNation, Inc. (AN), America's largest automotive retailer with more than 325 locations from coast to coast, announced the company plans to recruit and hire more than 500 service technicians to fill positions in its service and collision centers. “There is a tremendous career path for automotive service technicians as the rapid pace of advancements in vehicle technology continues,” said Scott Arnold, Executive Vice President of Customer Care and Brand Extensions at AutoNation. AutoNation offers a competitive compensation package, free technical training, performance incentives and a clear career path with ample opportunity for advancement for both part- and fulltime employees.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
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The Mazda dealership's closure comes after notice that a Volkswagen dealership at the Roseville Automall will shut down at the end of next month.
AutoNation Inc NYSE:ANView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate and declining * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is moderate for AN with between 5 and 10% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 7. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding AN totaled $155.01 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. AN credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.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.