In the past week, AN stock has gone up by 3.73%, with a monthly decline of -0.96% and a quarterly surge of 16.02%. The volatility ratio for the week is 2.46%, and the volatility levels for the last 30 days are 2.37% for Autonation Inc. The simple moving average for the last 20 days is 1.68% for AN’s stock, with a simple moving average of 8.02% for the last 200 days.
Is It Worth Investing in Autonation Inc. (NYSE: AN) Right Now?
The price-to-earnings ratio for Autonation Inc. (NYSE: AN) is above average at 7.08x. The 36-month beta value for AN is also noteworthy at 1.22. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 12 rating it as “hold,” and 2 rating it as “sell.”
The public float for AN is 27.26M, and at present, short sellers hold a 10.72% of that float. The average trading volume of AN on April 26, 2024 was 470.18K shares.
AN) stock’s latest price update
The stock price of Autonation Inc. (NYSE: AN) has jumped by 0.54 compared to previous close of 159.52. Despite this, the company has seen a gain of 3.73% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-24 that Besides Wall Street’s top -and-bottom-line estimates for AutoNation (AN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.
Analysts’ Opinion of AN
Many brokerage firms have already submitted their reports for AN stocks, with Morgan Stanley repeating the rating for AN by listing it as a “Equal-Weight.” The predicted price for AN in the upcoming period, according to Morgan Stanley is $140 based on the research report published on February 29, 2024 of the current year 2024.
Evercore ISI, on the other hand, stated in their research note that they expect to see AN reach a price target of $185. The rating they have provided for AN stocks is “Outperform” according to the report published on January 17th, 2024.
JP Morgan gave a rating of “Neutral” to AN, setting the target price at $145 in the report published on October 31st of the previous year.
AN Trading at 4.75% from the 50-Day Moving Average
After a stumble in the market that brought AN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.92% of loss for the given period.
Volatility was left at 2.37%, however, over the last 30 days, the volatility rate increased by 2.46%, as shares sank -4.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.50% upper at present.
During the last 5 trading sessions, AN rose by +3.73%, which changed the moving average for the period of 200-days by -9.48% in comparison to the 20-day moving average, which settled at $157.37. In addition, Autonation Inc. saw 6.79% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AN starting from LAMPERT EDWARD S, who sale 163,100 shares at the price of $164.64 back on Mar 21 ’24. After this action, LAMPERT EDWARD S now owns 4,004,170 shares of Autonation Inc., valued at $26,852,311 using the latest closing price.
LAMPERT EDWARD S, the 10% Owner of Autonation Inc., sale 100,000 shares at $161.26 during a trade that took place back on Mar 20 ’24, which means that LAMPERT EDWARD S is holding 4,167,270 shares at $16,125,600 based on the most recent closing price.
Stock Fundamentals for AN
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.19 for the gross margin
The net margin for Autonation Inc. stands at 0.04. The total capital return value is set at 0.24. Equity return is now at value 47.91, with 8.97 for asset returns.
Based on Autonation Inc. (AN), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 1.8. The interest coverage ratio of the stock is 5.74.
Currently, EBITDA for the company is 1.73 billion with net debt to EBITDA at 2.52. When we switch over and look at the enterprise to sales, we see a ratio of 0.42. The receivables turnover for the company is 25.34for trailing twelve months and the total asset turnover is 2.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.77.
Conclusion
In summary, Autonation Inc. (AN) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
