autonation inc
(AN:New York Consolidated)
autonation inc (AN) Snapshot
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Open
$46.23
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Previous Close
$46.12
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Day High
$46.95
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Day Low
$46.11
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52 Week High
02/1/13 - $48.92
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52 Week Low
06/27/12 - $33.84
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Market Cap
5.7B
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Average Volume 10 Days
434.6K
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EPS TTM
$2.67
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Shares Outstanding
121.3M
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EX-Date
--
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P/E TM
17.4x
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Dividend
--
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Dividend Yield
--
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Related News
autonation inc (AN) Related Businessweek News
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AutoNation, Inc., through its subsidiaries, operates as an automotive retailer in the United States. The company operates in three segments: Domestic, Import, and Premium Luxury. It 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 that comprise arranging financing for vehicle purchases through third-party finance sources. The company also provides a range of vehicle maintenance, repair, paint, and collision repair services, such as warranty and customer-pay service work. In addition, it offers various vehicle protection products, such as extended service contracts, maintenance programs, guaranteed auto protection, tire and wheel protection, and theft protection products. As of May 2, 2013, the company owned and operated 263 new vehicle franchises, which sell 32 brands in 15 states. AutoNation, Inc. was founded in 1991 and is headquartered in Fort Lauderdale, Florida.
autonation inc (AN) Top Compensated Officers
autonation inc (AN) Key Developments
AutoNation Inc. announced sales results for the month ended April 2013. For the month, the company announced that its total retail new vehicle unit sales in April 2013, as reported to the applicable automotive manufacturers, were 22,515, an increase of 10% as compared to April 2012. Same-store retail new vehicle unit sales in April 2013 were 21,950, an increase of 7% as compared to April 2012. AutoNation also announced that Mercedes-Benz has awarded a new franchise to AutoNation in the Tampa, Florida market. The new franchise is subject to customary conditions, and the new Mercedes-Benz store to be constructed by AutoNation is expected to open in 2014. This will be AutoNation's 18(th) Mercedes-Benz franchise.
AutoNation Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net income from continuing operations of $83 million, or $0.68 per diluted share, compared to net income from continuing operations of $74 million, or $0.56 per diluted share, for the same period in the prior year, a 21% improvement on a per-share basis. Revenue was totaled $4.1 billion, compared to $3.7 billion in the year-ago period, an increase of 12%, driven by strong performance in all of the company’s business sectors - new vehicles, used vehicles, parts and service, and finance and insurance. The company delivered solid double-digit growth in operating income, which drove a 21% increase in EPS from continuing operations in the first quarter of 2013, as the company increased profitability in each of the company’s business sectors. Operating income was $169.4 million compared to $148.7 million a year ago. Income from continuing operations before income taxes was $135.9 million compared to $119.6 million a year ago. Net income was $83 million, or $0.67 per diluted share, compared to $73.0 million, or $0.55 per share, for the same period in the prior year Capital expenditures were $23.1 million compared to $29.1 million a year ago. As the company looks at the rest of 2013, it believes that the improvement in new vehicle sales will continue, and expects new vehicle sales to be in the mid-15 million units for the year.
AutoNation Inc. announced sales results for the month ended March 2013. For the month, the company announced that its total retail new vehicle unit sales in March 2013, as reported to the applicable automotive manufacturers, were 27,199, an increase of 7% as compared to March 2012. Same-store retail new vehicle unit sales in March 2013 were 26,441, an increase of 4% as compared to March 2012. Total retail new vehicle unit sales for company’s operating segments were as follows: 8,448 for Domestic, up 6% versus March 2012, 13,789 for Import, up 4% versus March 2012, and 4,962 for Premium Luxury, up 15% versus March 2012.
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Industry Analysis
AN
Industry Average
| Valuation | AN | Industry Range |
| Price/Earnings | 17.4x |
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| Price/Sales | 0.3x |
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| Price/Book | 3.1x |
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| Price/Cash Flow | 13.5x |
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| TEV/Sales | 0.1x |
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Post a JobJobs
- Libertyville, IL | AutoNationPosted: May 22
- Lithia Springs, GA | AutoNationPosted: May 22
- Denver, CO | AutoNationPosted: May 04
- Westmont, IL | AutoNationPosted: May 10
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