Headlines about AutoNation (NYSE:AN) have trended somewhat positive recently, according to Accern. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. AutoNation earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.6646645184221 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
Several research analysts recently issued reports on the company. Bank of America reissued a “hold” rating and issued a $65.00 price objective on shares of AutoNation in a research note on Thursday, February 1st. Guggenheim assumed coverage on AutoNation in a research note on Monday, April 16th. They issued a “neutral” rating on the stock. Jefferies Group reissued a “hold” rating and issued a $60.00 price objective on shares of AutoNation in a research note on Friday, February 2nd. ValuEngine cut AutoNation from a “buy” rating to a “hold” rating in a research note on Wednesday, March 28th. Finally, Morgan Stanley increased their price objective on AutoNation from $49.00 to $57.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 14th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $50.78.
AutoNation stock opened at $45.99 on Tuesday. The company has a quick ratio of 0.25, a current ratio of 0.85 and a debt-to-equity ratio of 0.83. The firm has a market cap of $4,184.46, a price-to-earnings ratio of 12.07, a P/E/G ratio of 1.01 and a beta of 1.40. AutoNation has a twelve month low of $38.20 and a twelve month high of $62.02.
AutoNation (NYSE:AN) last posted its earnings results on Thursday, February 1st. The company reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.10. The company had revenue of $5.68 billion during the quarter, compared to analyst estimates of $5.57 billion. AutoNation had a return on equity of 16.24% and a net margin of 2.02%. AutoNation’s revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.86 earnings per share. analysts anticipate that AutoNation will post 4.89 earnings per share for the current fiscal year.
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AutoNation, Inc, through its subsidiaries, operates as an automotive retailer in the United States. The company operates through three segments: Domestic, Import, and Premium Luxury. It offers a range of automotive products and services, including new and used vehicles; and parts and services, such as automotive repair and maintenance, and wholesale parts and collision services.
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