AutoNation Inc. (NYSE:AN) went up by 0.41% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Auto & Truck Dealerships giant went up by $36.32 to trade ended Thursday trading at $36.17. This is up from the $36.17 price recorded on Wednesday’s trading session. Thanks to this latest performance, AN is closer to the higher price 52-week target of $58.00 and further from the lowest price target of $35.00. Its performance from the start of the year has also been negative, with AN down by -25.31% year-to-date.
AutoNation Inc. (AN) started the day trading at $36.03 and recorded an intraday high of $36.57. It also recorded an intraday low of $35.67 during Thursday’s trading session. AutoNation Inc. is a very active stock that recorded a trading volume that is less than -69.02% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 609405, which is less than -69.02 of the total average daily trading volume of 1.03 million.
AutoNation Inc. (NYSE:AN) 2020 Performance Impressive
The increase in AN’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of AN currently stands at $53.19, which is higher than the current trading price of the stock by 31.72%. However, AN’s current trading price is -76.4% lower than the 52-week low price of $20.59. In terms of trading volume, AutoNation Inc. currently experienced healthy participation during the last trading session. 609405 shares of AutoNation Inc. were traded on the stock exchange on Thursday, which is less than -69.02% of the 1.03 million average trading volume of the stock.
The performance of the stock has been positive over the past year. AN’s performance over the past one year has seen it plunge by -10.83%, while the stock has gone down by -25.67% in the last six months. The quarterly performance of AN currently stands at 15.85%, and it is down by -13.71% in the last month. The only negative figure was from the weekly performance, which currently reads -7.65%. At the time of writing AN’s report, the company has a total market cap of $3.28B, making it one of the largest publicly-traded companies in the world.AutoNation Inc. also has over 25000 employees all over the world.
AN Insider Activities
For AutoNation Inc., insiders hold 87.50% of all company shares. The insider transactions over the past six months are down by -3.60%. During that period, insiders bought 257,754 shares in 31 transactions. In that same period, insiders sold 522,870 of their shares in 14 transactions. After these transactions, insiders at AutoNation Inc. now hold 10.15M shares, which is over 84.45% of the total company stocks. Institutional investors currently hold a large chunk of the AN shares, as they control 11.64% of the company’s total stock.
AN Fundamental Analysis
For AutoNation Inc., the stock’s diluted earnings per share (EPS) stands at 1.38. In the coming year, analysts expect the EPS to be 4.25. The EPS growth will up over the next five years to 3.30% after surging by 7.10% in the previous five years. In terms of revenue, AutoNation Inc.’s quarterly sales (YOY) is growing at 0.04, which is lower than the average annual revenue of 7.10% over the past half a decade.
The Return on Investment (ROI) on AutoNation Inc.’s stock currently stands at 12.60%, and it has a net profit margin of 0.60%. The operating margin of the company is 2.00%, and its gross margin is 16.60%.
AN Analysts Prediction
and BofA/Merrill reiterate their Buy position on the stock ($59 and $55).
BofA/Merrill and Berenberg also believe that AutoNation Inc.’s stock is outperforming at the moment.
At the moment, AutoNation Inc.’s Total Debt to Equity ratio stands at 0.89, and they have a long-term Debt to Equity ratio of 0.73.
AN Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of AN currently stands at -9.41%, while the SMA50 is -3.09%. The biggest one is the SMA200, which is currently reading -16.43% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 40.96, while its price to earnings ratio (P/E) is 26.26.
