Autonation Stock Today

AN Stock  USD 165.58  1.88  1.12%   

Performance

7 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 10

 
100  
 
Zero
Low
AutoNation is selling at 165.58 as of the 28th of March 2024; that is -1.12 percent down since the beginning of the trading day. The stock's open price was 167.46. AutoNation has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for AutoNation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
3rd of March 1992
Category
Consumer Cyclical
Classification
Consumer Discretionary
AutoNation, Inc., through its subsidiaries, operates as an automotive retailer in the United States. AutoNation, Inc. was founded in 1991 and is headquartered in Fort Lauderdale, Florida. Autonation operates under Auto Truck Dealerships classification in the United States and is traded on New York Stock Exchange. The company has 41.68 M outstanding shares of which 3.16 M shares are presently sold short in the market by investors with about 6.42 days to cover all shorted shares. More on AutoNation

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AutoNation Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. AutoNation's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AutoNation or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOCheryl Miller
Thematic IdeaRetail (View all Themes)
Old Names[Arena Minerals, Societe d'Edition de Canal Plus SA]
Business ConcentrationAutomotive Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NYSE Composite, SP Midcap 400, Retail, Consumer Discretionary, Specialty Retail, Auto & Truck Dealerships, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering AutoNation report their recommendations after researching AutoNation's financial statements, talking to executives and customers, or listening in on AutoNation's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering AutoNation. The AutoNation consensus assessment is calculated by taking the average forecast from all of the analysts covering AutoNation.
Financial Strength
Based on the analysis of AutoNation's profitability, liquidity, and operating efficiency, AutoNation is performing exceptionally good at the moment. It has a great risk to report excellent financial results in April. Financial strength of AutoNation is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.382.1811
Way Down
Pretty Stable
Total Current Liabilities3.2 B5.6 B
Way Down
Slightly volatile
Non Current Liabilities Total4.8 B4.6 B
Sufficiently Up
Slightly volatile
Total Assets7.6 B12.4 B
Way Down
Slightly volatile
Total Current Assets3.4 B4.3 B
Significantly Down
Slightly volatile
AutoNation's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to AutoNation's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
AutoNation's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of AutoNation's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand AutoNation's financial leverage. It provides some insight into what part of AutoNation's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on AutoNation's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how AutoNation deploys its capital and how much of that capital is borrowed.
Liquidity
AutoNation cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 4.69 B of total liabilities with total debt to equity ratio (D/E) of 2.42, which may imply that the company relies heavily on debt financing. AutoNation has a current ratio of 1.03, indicating that it is in a questionable position to pay out its debt commitments in time. Debt can assist AutoNation until it has trouble settling it off, either with new capital or with free cash flow. So, AutoNation's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like AutoNation sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AutoNation to invest in growth at high rates of return. When we think about AutoNation's use of debt, we should always consider it together with cash and equity.

Depreciation

139.9 Million
AutoNation (AN) is traded on New York Stock Exchange in USA. It is located in 200 SW 1st Avenue, Fort Lauderdale, FL, United States, 33301 and employs 25,300 people. AutoNation is listed under Automotive Retail category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 6.75 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AutoNation's market, we take the total number of its shares issued and multiply it by AutoNation's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. AutoNation is active under Specialty Retail sector as part of Consumer Discretionary industry. The entity has 41.68 M outstanding shares of which 3.16 M shares are presently sold short in the market by investors with about 6.42 days to cover all shorted shares. AutoNation reports about 72.6 M in cash with (89.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.93.
Check AutoNation Probability Of Bankruptcy
Ownership Allocation
AutoNation retains a total of 41.68 Million outstanding shares. The majority of AutoNation outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in AutoNation to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in AutoNation. Please pay attention to any change in the institutional holdings of AutoNation as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check AutoNation Ownership Details

AutoNation Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of AutoNation jumping above the current price in 90 days from now is near 1%. The AutoNation probability density function shows the probability of AutoNation stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.4703. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, AutoNation will likely underperform. Additionally, autoNation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 165.58HorizonTargetOdds Above 165.58
99.20%90 days
 165.58 
0.78%
Based on a normal probability distribution, the odds of AutoNation to move above the current price in 90 days from now is near 1 (This AutoNation probability density function shows the probability of AutoNation Stock to fall within a particular range of prices over 90 days) .

AutoNation Stock Institutional Holders

Institutional Holdings refers to the ownership stake in AutoNation that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of AutoNation's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing AutoNation's value.
InstituionRecorded OnShares
Geode Capital Management, Llc2023-09-30
421.6 K
Barrow Hanley Mewhinney & Strauss Llc2023-12-31
414.4 K
Fuller & Thaler Asset Management Inc2023-12-31
368.9 K
Wedge Capital Management, Llp2023-12-31
342.9 K
Gabelli Funds Llc2023-12-31
327.1 K
Bank Of New York Mellon Corp2023-09-30
323.7 K
Horizon Asset Management Inc/ny2023-12-31
300.8 K
Charles Schwab Investment Management Inc2023-09-30
299.8 K
Norges Bank2023-12-31
284.6 K
Vanguard Group Inc2023-09-30
3.7 M
Blackrock Inc2023-09-30
2.8 M
View AutoNation Diagnostics

AutoNation Historical Income Statement

AutoNation Income Statement is one of the three primary financial statements used for reporting AutoNation's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of AutoNation revenue and expense. AutoNation Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, AutoNation's Non Recurring is very stable compared to the past year. As of the 28th of March 2024, Interest Income is likely to grow to about 212.9 M, while Depreciation And Amortization is likely to drop about 177.9 M. View More Fundamentals

AutoNation Stock Against Markets

Picking the right benchmark for AutoNation stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in AutoNation stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for AutoNation is critical whether you are bullish or bearish towards AutoNation at a given time. Please also check how AutoNation's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in AutoNation without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Analyst recommendations and target price estimates broken down by several categories
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AutoNation Corporate Directors

AutoNation corporate directors refer to members of an AutoNation board of directors. The board of directors generally takes responsibility for the AutoNation's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of AutoNation's board members must vote for the resolution. The AutoNation board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
David EdelsonIndependent DirectorProfile
Robert BrownIndependent DirectorProfile
Robert GruskyIndependent DirectorProfile
Mike MikanIndependent DirectorProfile

How to buy AutoNation Stock?

Before investing in AutoNation, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in AutoNation. To buy AutoNation stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of AutoNation. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase AutoNation stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located AutoNation stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased AutoNation stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as AutoNation, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy AutoNation Stock please use our How to Invest in AutoNation guide.

Already Invested in AutoNation?

The danger of trading AutoNation is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AutoNation is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AutoNation. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AutoNation is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether AutoNation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AutoNation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Autonation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Autonation Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AutoNation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in AutoNation Stock, please use our How to Invest in AutoNation guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running AutoNation's price analysis, check to measure AutoNation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AutoNation is operating at the current time. Most of AutoNation's value examination focuses on studying past and present price action to predict the probability of AutoNation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AutoNation's price. Additionally, you may evaluate how the addition of AutoNation to your portfolios can decrease your overall portfolio volatility.
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Is AutoNation's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AutoNation. If investors know AutoNation will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AutoNation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Earnings Share
22.72
Revenue Per Share
604.235
Quarterly Revenue Growth
0.011
Return On Assets
0.0937
The market value of AutoNation is measured differently than its book value, which is the value of AutoNation that is recorded on the company's balance sheet. Investors also form their own opinion of AutoNation's value that differs from its market value or its book value, called intrinsic value, which is AutoNation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AutoNation's market value can be influenced by many factors that don't directly affect AutoNation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AutoNation's value and its price as these two are different measures arrived at by different means. Investors typically determine if AutoNation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AutoNation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.