AN Stock Recent News

The company posts fourth-quarter earnings of $5.02 a share on revenue of $6.77 billion.

Get a deeper insight into the potential performance of AutoNation (AN) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

While the Zacks Auto Retail & Whole Sales industry's rank paints a lackluster picture, companies like LAD, GPI and AN seem better positioned to navigate the challenges presented by the current market conditions.

Cascade Investment, LLC, managed by Bill Gates, is the largest shareholder of AutoNation owning 23% of the company's shares. Eddie Lampert, a hedge fund titan, is the second-largest shareholder with a 12.4% stake. AN has achieved strong financial performance and has a track record of outperforming the S&P 500.

Given that this may be the year of artificial intelligence, it's no surprise that while certain enterprises have hogged the spotlight, astute investors also enjoy compelling opportunities regarding stocks on sale. To be sure, this approach requires going off the beaten path.

AutoNation's (AN) third-quarter earnings beat thanks to higher-than-expected new and used vehicle revenues.

Automotive retailer AutoNation has launched a new eCommerce website that allows customers to purchase auto parts and accessories. The new AutoNationParts.com allows customers to purchase these products conveniently and at competitive prices, and have them delivered to their doorstep, AutoNation said in a Tuesday (Oct. 31) press release.

AutoNation Inc (NYSE:AN) stock is up 1.3% to trade at $130.90 at last check, after J.P. Morgan Securities just upgraded the auto retailer to "neutral" from "underweight," with a price-target cut to $145 from $150, citing the company's valuation. Stephens also threw in an adjustment, lowering AN's price target to $152 from $155.

AutoNation, Inc. (NYSE:AN ) Q3 2023 Results Conference Call October 27, 2023 9:00 AM ET Company Participants Derek Fiebig - Vice President of Investor Relations Mike Manley - Chief Executive Officer Tom Szlosek - Chief Financial Officer Conference Call Participants John Murphy - Bank of America Rajat Gupta - JPMorgan Daniel Imbro - Stephens Patrick Buckley - Jefferies David Whiston - Morningstar Operator Good morning. My name is Ellen, and I'll be your conference operator today.

The headline numbers for AutoNation (AN) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.