The price of Autonation Inc (NYSE:AN) shares last traded on Wall Street rose 1.34% to $185.25.
AN stock price is now 7.31% away from the 50-day moving average and 9.98% away from the 200-day moving average. The market capitalization of the company currently stands at $7.34B.
With the price target enhanced from $145 to $200, Morgan Stanley Upgraded its rating from Equal-Weight to Overweight for Autonation Inc (NYSE: AN). On September 12, 2024, Stephens recently initiated its ‘Overweight’ rating on the stock quoting a target price of $210, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, GRUSKY ROBERT R, Director sold 1,000 shares of the company’s stock on Dec 05 ’24. The stock was sold for $179,789 at an average price of $179.79. Upon completion of the transaction, the Director now directly owns 44,595 shares in the company, valued at $8.26 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 05 ’24, Director GRUSKY ROBERT R bought 1,000 shares of the business’s stock. A total of $179,789 was incurred on buying the stock at an average price of $179.79. A total of 34.40% of the company’s stock is owned by insiders.
During the past 12 months, Autonation Inc has had a low of $135.55 and a high of $197.18. As of last week, the company has a debt-to-equity ratio of 2.09, a current ratio of 0.80, and a quick ratio of 0.20. According to the stock market information, the enterprise value for the company is $16037659648, which is based on a 10.68 price-to-earnings ratio, a 1.37 price-to-earnings-growth ratio, and a beta of 1.25. The fifty day moving average price for AN is $172.6378 and a two-hundred day moving average price translates $168.43675 for the stock.
The latest earnings results from Autonation Inc (NYSE: AN) was released for 2024-09-30. The net profit margin was 2.74% and return on equity was 32.01% for AN. The company reported revenue of $6.59 billion for the quarter, compared to $6.89 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.45 percent. For the current quarter, analysts expect AN to generate $6.75B in revenue.
