AutoNation downgraded by JP Morgan with a new price target
$AN
Retail-Auto Dealers and Gas Stations
Consumer Discretionary
JP Morgan downgraded AutoNation from Overweight to Neutral and set a new price target of $125.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/25/2024 | $145.00 → $200.00 | Equal-Weight → Overweight | Morgan Stanley |
| 9/12/2024 | $210.00 | Overweight | Stephens |
| 2/29/2024 | $117.00 → $140.00 | Underweight → Equal-Weight | Morgan Stanley |
| 1/17/2024 | $185.00 | Outperform | Evercore ISI |
| 10/31/2023 | $145.00 | Underweight → Neutral | JP Morgan |
| 2/21/2023 | $125.00 → $130.00 | Neutral → Underweight | JP Morgan |
| 1/17/2023 | $104.00 → $96.00 | Equal-Weight → Underweight | Morgan Stanley |
| 1/13/2023 | $126.00 | Overweight → Equal Weight | Wells Fargo |
Q3 2024 EPS $4.61, adjusted EPS $4.02Strong Same Store New Vehicle unit sales growth of 2%Record After-Sales gross profit of $558 millionAN Finance growth continues with $700 million in YTD originationsFORT LAUDERDALE, Fla., Oct. 25, 2024 /PRNewswire/ -- AutoNation, Inc. (NYSE:AN), today reported third quarter 2024 revenue of $6.6 billion, EPS of $4.61, and adjusted EPS of $4.02. Third quarter 2024 results were adversely impacted by the residual effects of the CDK outage in July, which reduced earnings per share by an estimated $0.21 per share. Adjusted EPS excludes $0.59 of net favorable items, primarily related to gains on business and property dispositions, partially offset by other items
FORT LAUDERDALE, Fla., Oct. 7, 2024 /PRNewswire/ -- AutoNation, Inc. (NYSE:AN), today announced that it will release its financial results for the third quarter ended September 30, 2024, on Friday, October 25, 2024, before the market opens. AutoNation management will discuss these results and other information regarding the Company during a conference call and audio webcast that same day at 9:00 a.m. Eastern Time. The conference call may be accessed by telephone at 833-470-1428 (Conference ID: 356177) or on AutoNation's investor relations website at investors.autonation.com. The webcast will also be available on AutoNation's website following the call under "Events & Presentations" after 12:
Q2 2024 EPS $3.20, adjusted EPS $3.99After-Sales gross profit margin improved by 60 basis points from Q2 2023 (to 48.0%) and improving recent trends in vehicle unit profitabilityStrong free cash flow conversionContinued focus on capital allocation - YTD share repurchases $350 millionOperational continuity now restored post-CDK outage; impacted Q2 2024 EPS by an estimated $1.55FORT LAUDERDALE, Fla., July 31, 2024 /PRNewswire/ -- AutoNation, Inc. (NYSE:AN), today reported second quarter 2024 revenue of $6.5 billion, EPS of $3.20, and adjusted EPS of $3.99. Results for the second quarter 2024 were adversely impacted by the outage of AutoNation's dealer management system due to a cyber incident
4 - AUTONATION, INC. (0000350698) (Issuer)
4 - AUTONATION, INC. (0000350698) (Issuer)
4 - AUTONATION, INC. (0000350698) (Issuer)
Across the recent three months, 5 analysts have shared their insights on AutoNation (NYSE:AN), expressing a variety of opinions spanning from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 2 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 1 0 0 0 3M Ago 1 0 2 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $190.2, with a high estimate of $220.00 and a low estimate of $155.00. Observing a 8.81% increase, the
B of A Securities analyst John Murphy maintains AutoNation (NYSE:AN) with a Buy and raises the price target from $210 to $220.
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Morgan Stanley upgraded AutoNation from Equal-Weight to Overweight and set a new price target of $200.00 from $145.00 previously
Stephens initiated coverage of AutoNation with a rating of Overweight and set a new price target of $210.00
Morgan Stanley upgraded AutoNation from Underweight to Equal-Weight and set a new price target of $140.00 from $117.00 previously
4 - AUTONATION, INC. (0000350698) (Issuer)
FORT LAUDERDALE, Fla., Nov. 12, 2024 /PRNewswire/ -- For more than a decade, AutoNation (NYSE:AN) has donated and raised more than $40M to advance life-saving cancer research and treatment to help create the possibility of a cancer-free world. Through Drive Pink (DRV PNK), AutoNation's largest social impact program, throughout October, the company extended its year-round commitment to supporting cancer-fighting organizations through its 8th Annual DRV PNK Across America campaign. "Each day at AutoNation, we show up committed to answering the call to ensure everyone impacted by cancer has the opportunity to detect, fight and survive this life-threatening disease,
Gempton brings nearly two decades of automotive experience, including 13 years at AutoNation leading acquisitions and divestitures for the company; will expand Kerrigan Advisors' footprint with the opening of a new office in Miami, Florida Kerrigan Advisors, the leading sell-side advisory firm and thought partner to auto dealers in the U.S., today announced that Chris Gempton has joined the firm as Senior Vice President, Sell-Side Advisory. Gempton brings nearly two decades of automotive experience, including 13 years at AutoNation (NYSE:AN), where he most recently served as Vice President of Corporate Development. Gempton will open Kerrigan Advisors' Florida office in Midtown Miami to se
FORT LAUDERDALE, Fla., July 11, 2024 /PRNewswire/ -- AutoNation, Inc. (NYSE:AN), a provider of personalized transportation services and America's most admired automotive retailer, today announced that its Board of Directors appointed Claire Bennett to the AutoNation Board, effective July 8, 2024. Ms. Bennett will serve as an independent director. "We are pleased to have Claire join the AutoNation Board," said Rick Burdick, AutoNation's Board Chairman. "We look forward to the experience and insight she will bring to the Board." Ms. Bennett is a tenured global leader with an extensive customer experience, general management and consumer services background. She has worked as a senior executiv
FORT LAUDERDALE, Fla., Nov. 12, 2024 /PRNewswire/ -- For more than a decade, AutoNation (NYSE:AN) has donated and raised more than $40M to advance life-saving cancer research and treatment to help create the possibility of a cancer-free world. Through Drive Pink (DRV PNK), AutoNation's largest social impact program, throughout October, the company extended its year-round commitment to supporting cancer-fighting organizations through its 8th Annual DRV PNK Across America campaign. "Each day at AutoNation, we show up committed to answering the call to ensure everyone impacted by cancer has the opportunity to detect, fight and survive this life-threatening disease,
The donation to Onco-Ballet Foundation was made as part of AutoNation's commitment to drive out cancer by supporting cancer patients and survivors through the healing power of ballet. FORT LAUDERDALE, Fla., Oct. 31, 2024 /PRNewswire/ -- AutoNation, Inc., (NYSE:AN), one of the largest automotive retailers in the U.S and America's Most Admired Retailer, surprised a former professional ballerina, two-time breast cancer survivor and founder of the nonprofit Onco-Ballet Foundation with a $25,000 donation to support cancer patients and survivors through the healing power of ballet. The donation was highlighted on Thursday, October 24, during "The Drew Barrymore Show", a nationally syndicated talk
FORT LAUDERDALE, Fla., Oct. 29, 2024 /PRNewswire/ -- In respect and recognition of their contributions to our nation, this Veteran's Day AutoNation (NYSE:AN) salutes the generations of patriots who selflessly defend our country's values and freedom with an exclusive 20% discount on all services in-store at AutoNation-branded locations* nationwide and conveniently at your preferred location via AutoNation Mobile Service** from November 11th - 16th, 2024. "We owe an incredible debt to the brave men and women and the more than 1,000 patriots right here at AutoNation who have earned the title American Veteran," said Christian Treiber, AutoNation's President of After-Sales. "Thank you to our acti
10-Q - AUTONATION, INC. (0000350698) (Filer)
8-K - AUTONATION, INC. (0000350698) (Filer)
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