AutoNation Inc (NYSE: AN) has reported E.P.S. of $4.61 for its third fiscal quarter (ending September 30) versus $5.59 for the same period a year ago — a decline of -18%. For the latest four quarters through September 30, E.P.S. were $17.39 versus $23.47 for the same period a year ago — a decline of -26%.
Recent Price Action
AutoNation Inc (NYSE: AN) stock declined by -4.5% on 10/25/24. The shares closed at $155.83. Moreover, this decline was accompanied by exceptionally high trading volume at 330% of normal. The stock has declined -7.8% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, AN is expected to continue to be a major Value Builder.
AutoNation has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. AutoNation has a slightly positive Power Rating of 64 and a good Appreciation Score of 77, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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