Headlines about AutoNation (NYSE:AN) have trended somewhat positive recently, Alpha One reports. The research group, a service of Accern, scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. AutoNation earned a daily sentiment score of 0.08 on Alpha One’s scale. Alpha One also assigned press coverage about the company an impact score of 90 out of 100, meaning that recent news coverage is very likely to have an effect on the company’s share price in the immediate future.

Here are some of the news stories that may have impacted AlphaOne Sentiment’s rankings:

Several analysts have commented on AN shares. Susquehanna Bancshares Inc started coverage on shares of AutoNation in a report on Thursday, February 2nd. They issued a “neutral” rating and a $49.00 price objective for the company. Evercore ISI lowered shares of AutoNation from a “buy” rating to a “hold” rating in a report on Monday, February 6th. Jefferies Group LLC restated a “hold” rating and issued a $49.00 price objective on shares of AutoNation in a report on Monday, February 6th. TheStreet lowered shares of AutoNation from a “b-” rating to a “c+” rating in a report on Wednesday, March 1st. Finally, Deutsche Bank AG reiterated a “hold” rating and set a $50.00 target price (down from $52.00) on shares of AutoNation in a report on Saturday, April 29th. Seven research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. AutoNation currently has an average rating of “Hold” and a consensus price target of $48.40.

Shares of AutoNation (NYSE:AN) traded up 0.56% during midday trading on Friday, hitting $39.46. 298,899 shares of the company traded hands. The stock has a market capitalization of $4.00 billion, a P/E ratio of 9.33 and a beta of 1.05. AutoNation has a 52 week low of $38.94 and a 52 week high of $54.15. The company has a 50-day moving average price of $41.13 and a 200-day moving average price of $45.53.

AutoNation (NYSE:AN) last issued its quarterly earnings data on Tuesday, April 25th. The company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.06. The business had revenue of $5.14 billion during the quarter, compared to the consensus estimate of $5.33 billion. AutoNation had a net margin of 1.99% and a return on equity of 19.32%. The company’s revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.93 EPS. Analysts anticipate that AutoNation will post $3.92 earnings per share for the current fiscal year.

In other AutoNation news, EVP Jonathan P. Ferrando sold 110,430 shares of the business’s stock in a transaction on Wednesday, March 15th. The shares were sold at an average price of $44.86, for a total value of $4,953,889.80. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Jonathan P. Ferrando sold 247,499 shares of the business’s stock in a transaction on Friday, March 10th. The shares were sold at an average price of $45.21, for a total transaction of $11,189,429.79. The disclosure for this sale can be found here. In the last quarter, insiders sold 375,490 shares of company stock valued at $16,939,525. 2.90% of the stock is owned by insiders.

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AutoNation Company Profile

AutoNation, Inc (AutoNation) is an automotive retailer in the United States. The Company offers a range of automotive products and services, including new vehicles, used vehicles, parts and service, which includes automotive repair and maintenance services, as well as wholesale parts and collision businesses, and automotive finance and insurance products, including vehicle service and other protection products, as well as the arranging of financing for vehicle purchases through third-party finance sources.

5 Day Chart for NYSE:AN

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