AutoNation stock: buy or sell?
September 20th, 2019
AutoNation, Inc., through its subsidiaries, operates as an automotive retailer in the United States. The company operates through three segments: Domestic, Import, and Premium Luxury.
Should I buy AutoNation stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, AutoNation stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is AutoNation stock a buy?
Financial institutions and banks publish stock ratings everyday.At Stocks2.com, we gathered 6 ratings published for AN stock in the last 30 days. The general sentiment of these ratings is bearish for AN stock, with 3 negative ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-2-26||Bank of America||Buy||Buy|
|2019-2-19||JPMorgan Chase & Co.||n/a||Underweight|
|2019-2-13||Seaport Global Securities||n/a||Neutral|
AutoNation stock analysis
AutoNation shares decreased -0.39% to $50.51 today.
AutoNation closed today at $50.51 and decreased a lame -0.39%. Since July when SMA100d and SMA200d crossed up, AN price gained $8.17 per share (19.30%). AN is retaking the upward trend marking a new rising bottom heading to break out over $52.56. On May AN price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock.
AutoNation shares stayed steady 0.46% this week, ending at $50.51. Counting this, it's been 4 climbing weeks in a row, soaring a 8.68%.
AutoNation stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Since mid June when SMA20w and SMA40w crossed up, AN price gained $9.26 per share (22.45%). Since late April when AN stock price broke up the SMA40w line, it gained $12.68 (33.52%).
AutoNation stock price history
AutoNation IPO was on May 11th, 1990 at $2.80 per share1. Since then, AN stock surged a 1,703.90%, with an average of 58.80% per year. If you had invested $1,000 in AutoNation stock in 1990, it would worth $17,039.00 today.
1: Adjusted price after possible price splits or reverse-splits.
AutoNation stock historical price chart
AN stock reached 52-week highs on Sep 12th at $52.56, and all-time highs 2015-04-22 with a price of 67.5.
AutoNation stock price target is $42.60How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we found 5 price forecasts for AutoNation stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-2||Morgan Stanley||Raises Target||$35.00||$39.00||11.4%|
|2019-5-6||Morgan Stanley||Raises Target||$27.00||$36.00||33.3%|
|2019-4-30||SunTrust Banks||Raises Target||n/a||$43.00||-|
|2019-2-26||Bank of America||Reiterates||$59.00||$55.00||-6.8%|
|2019-2-19||JPMorgan Chase & Co.||Initiates||n/a||$40.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareAutoNation failed analysts on February when it reported an Earnings per Share (EPS) of $1.10 when the analysts' forecast was $1.14.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw a tight movement of -0.57% to $21,412.80 million dollars. When comparing 2018 vs 2017, in the same way, profit margin (that is, the net income divided by revenues) remained steady a -0.17% to 1.85%.
|2013||$17,520 M||-||$376 M2.1%||-|
|2014||$19,109 M||9.07%||$419 M2.2%||11.42%|
|2015||$20,862 M||9.17%||$443 M2.1%||5.71%|
|2016||$21,609 M||3.58%||$431 M2.0%||-2.73%|
|2017||$21,535 M||-0.34%||$435 M2.0%||0.95%|
|2018||$21,413 M||-0.57%||$396 M1.8%||-8.88%|
Quarterly financial resultsAutoNation posted $5,411.70 M in sales for 2018-Q4, a 1.17% up compared to previous quarter. Reported quarter income marked $92.70 M with a profit margin of 1.71%. Profit margin stayed steady a -0.38% compared to previous quarter when profit margin was 2.09%. When comparing sales to same quarter last year, AutoNation sales marked a tragic correction and depreciated a -4.78%.
|2017-Q2||$5,280 M||-||$88 M1.7%||-|
|2017-Q3||$5,432 M||2.89%||$98 M1.8%||11.17%|
|2017-Q4||$5,684 M||4.62%||$151 M2.7%||55.18%|
|2018-Q1||$5,260 M||-7.45%||$94 M1.8%||-38.07%|
|2018-Q2||$5,392 M||2.51%||$98 M1.8%||4.16%|
|2018-Q3||$5,349 M||-0.79%||$112 M2.1%||14.75%|
|2018-Q4||$5,412 M||1.17%||$93 M1.7%||-17.23%|
|2019-Q1||$4,982 M||-7.94%||$92 M1.8%||-0.76%|
AutoNation ownershipWhen you are planning to buy a company, it's always worth to have a look its ownership structure.
AutoNation shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 13.56% of all shares.
Bearish positions for AN stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$4.5 B||$1.9 B||$18.9 B||$1.6 B||$14.0 B|
|Total shares||89.1 M||19.4 M||229.1 M||18.6 M||165.6 M|
|Float shares||60.0 M||17.2 M||200.5 M||15.7 M||154.8 M|
|- Institutional holdings (%)||87.1%||109.4%||86.9%||106.4%||106.1%|
|- Insider holdings (%)||13.6%||2.2%||12.9%||6.8%||0.5%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$50.13 - $51.04|
|Average true range||$1.32|
|50d mov avg||$47.58|
|100d mov avg||$44.25|
|200d mov avg||$40.24|
AutoNation performanceTo better understand AutoNation performance you must compare its gains with other related stocks in same sector or industry. In the following table, we compare AutoNation to Asbury Automotive, Copart, Group 1 Automotive, CarMax, Lithia Motors, Penske Automotive, Rush Enterprises and Sonic Automotive:
|GPIGroup 1 Automotiv...||10.75%||43.06%||22.83%|