Intraday Mover: AutoNation, Inc. (NYSE: AN)

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On 16 October 2018,  AutoNation, Inc. (NYSE: AN) has shown an upward/downward move of +3.22% and ended the last trade at $ 40.01. The trading volume was recorded to 729,216 shares as compared to the average traded volume of 792,175 shares.

AutoNation, Inc. (AN), America’s largest automotive retailer, recently stated second quarter 2018 net income from continuing operations of $97M, or $1.07 per share, up 11% contrast to second quarter 2017 net income from continuing operations of $88M, or $0.86 per share. Second quarter 2018 net income from continuing operations included a non-cash franchise rights impairment charge of $6M after-tax, or $0.07 per share.

Second quarter 2018 revenue totaled $5.4B in contrast to $5.3B in the year-before period. Same-store second quarter 2018 revenue totaled $5.3B in contrast to $5.1B in the year-before period, a rise of 4%. Same-store second quarter 2018 gross profit of $839M raised by 4% contrast to $806M in the year-before period, driven by rises in used vehicle gross profit of 22%, Consumer Financial Services gross profit of 10%, and Consumer Care gross profit of 4%. Same-store Consumer Financial Services gross profit per vehicle retailed was an all-time record $1,789.

Second Quarter 2018 Section Results

  • Domestic– Domestic section income(2) was $67M in contrast to year-before section income of $60M, a rise of 12%.
  • Import– Import section income(2) was $78M in contrast to year-before section income of $75M, a rise of 4%.
  • Premium Luxury– Premium Luxury section income(2) was $85M in contrast to year-before section income of $84M, a rise of 1%.

For the six-month period ended June 30, 2018, the Company stated net income from continuing operations of $191M, or $2.08 per share, the contrast to net income from continuing operations of $186M, or $1.83 per share, for the same period in the previous year. The Company’s revenue for the six-month period ended June 30, 2018, totaled $10.7B, a rise of 2% contrast to $10.4B for the same period in the previous year.

The company has a PEG ratio of 1.18 and price to cash ratio of 69.46. In the profitability analysis, a net profit margin of the firm was recorded at 2.00% and operating profit margin was calculated at 3.80% while gross profit margin was measured as 15.70%. Beta factor, which measures the riskiness of the security, was registered at 1.30.

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