Sunday, November 29, 2020

AutoNation Inc. [AN] moved down -5.80: Why It’s Important

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AutoNation Inc. [NYSE: AN] price plunged by -5.80 percent to reach at -$2.51. A sum of 1067648 shares traded at recent session while its average daily volume was at 1.12M shares. AutoNation Inc. shares reached a high of $43.13 and dropped to a low of $40.61 until finishing in the latest session at $40.73.

The one-year AN stock forecast points to a potential upside of 0.66. The average equity rating for AN stock is currently 2.70, trading closer to a bullish pattern in the stock market.


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Guru’s Opinion on AutoNation Inc. [AN]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AN shares is $41.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AN stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Northcoast have made an estimate for AutoNation Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 27, 2020. The new note on the price target was released on March 11, 2020, representing the official price target for AutoNation Inc. stock.

The Average True Range (ATR) for AutoNation Inc. is set at 2.09, with the Price to Sales ratio for AN stock in the period of the last 12 months amounting to 0.16. The Price to Book ratio for the last quarter was 1.29, with the Price to Cash per share for the same quarter was set at 4.90. Price to Free Cash Flow for AN in the course of the last twelve months was 9.19 with Quick ratio for the last quarter at 0.20.

AN Stock Performance Analysis:

AutoNation Inc. [AN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.67. With this latest performance, AN shares gained by 3.40% in over the last four-week period, additionally sinking by -19.63% over the last 6 months – not to mention a drop of -0.37% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AN stock in for the last two-week period is set at 54.31, with the RSI for the last a single of trading hit 50.47, and the three-weeks RSI is set at 54.71 for AutoNation Inc. [AN]. The present Moving Average for the last 50 days of trading for this stock 35.49, while it was recorded at 42.57 for the last single week of trading, and 43.92 for the last 200 days.

Insight into AutoNation Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and AutoNation Inc. [AN] shares currently have an operating margin of +3.67 and a Gross Margin at +15.67. AutoNation Inc.’s Net Margin is presently recorded at +2.11.

Return on Total Capital for AN is now 8.46, given the latest momentum, and Return on Invested Capital for the company is 9.31. Return on Equity for this stock inclined to 15.34, with Return on Assets sitting at 4.19. When it comes to the capital structure of this company, AutoNation Inc. [AN] has a Total Debt to Total Equity ratio set at 190.57. Additionally, AN Total Debt to Total Capital is recorded at 65.58, with Total Debt to Total Assets ending up at 56.34. Long-Term Debt to Equity for the company is recorded at 59.56, with the Long-Term Debt to Total Capital now at 20.50.

Reflecting on the efficiency of the workforce at the company, AutoNation Inc. [AN] managed to generate an average of $18,032 per employee. Receivables Turnover for the company is 21.91 with a Total Asset Turnover recorded at a value of 1.98.AutoNation Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.20 and a Current Ratio set at 1.00.

AN Stock EPS

With the latest financial reports released by the company, AutoNation Inc. posted 1.12/share EPS, while the average EPS was predicted by analysts to be reported at 1.06/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 5.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for AutoNation Inc. go to 3.50%.

AutoNation Inc. [AN] Insider Position Details

There are presently around $2,424 million, or 87.40% of AN stock, in the hands of institutional investors. The top three institutional holders of AN stocks are: VANGUARD GROUP INC with ownership of 7,409,001, which is approximately 6.33% of the company’s market cap and around 0.60% of the total institutional ownership; BLACKROCK INC., holding 5,448,389 shares of the stock with an approximate value of $235.59 million in AN stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $207.73 million in AN stock with ownership of nearly 5.719% of the company’s market capitalization.

Positions in AutoNation Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 128 institutional holders increased their position in AutoNation Inc. [NYSE:AN] by around 5,533,313 shares. Additionally, 126 investors decreased positions by around 8,139,251 shares, while 48 investors held positions by with 42,389,854 shares. The mentioned changes placed institutional holdings at 56,062,418 shares, according to the latest SEC report filing. AN stock had 34 new institutional investments in for a total of 1,565,010 shares, while 66 institutional investors sold positions of 1,525,498 shares during the same period.

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