Latest news with #AutoNation
Yahoo
a day ago
- Automotive
- Yahoo
Stephens Reaffirms Equal Weight on AutoNation, Highlights $1.45B Auto Loan Securitization
On May 24, Stephens reaffirmed its Equal Weight rating and set a $175 price target for AutoNation, Inc. (NYSE:AN). The automobile retailer recently wrapped up its first asset-backed securitization, which Stephens analysts claim is an essential milestone for AutoNation Finance Trust, the company's financial arm. With $1.08 billion funded by non-recourse warehouse debt, AutoNation, Inc. (NYSE:AN) announced that it raked in $1.45 billion in auto loans via AutoNation Finance at the end of the first quarter of 2025, representing a 74.4% advance rate. This new securitization deal is projected to release about $164 million in capital for the company. The asset-backed securities notes carry a weighted-average interest rate of 4.9%, which is slightly lower than the 5.4% interest rate on the non-recourse warehouse line of credit that had been previously in use. With that in mind, Stephens estimates that the new approach could lead to an additional $123 million of capital for the company this year, assuming a 98% advance rate. One of America's largest car retailers, AutoNation, Inc. (NYSE:AN) sells both new and used cars through a network of franchises. While we acknowledge the potential of AN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AN and that has 100x upside potential, check out our report about the cheapest AI stock. Read More: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Automotive
- Yahoo
Stephens Reaffirms Equal Weight on AutoNation, Highlights $1.45B Auto Loan Securitization
On May 24, Stephens reaffirmed its Equal Weight rating and set a $175 price target for AutoNation, Inc. (NYSE:AN). The automobile retailer recently wrapped up its first asset-backed securitization, which Stephens analysts claim is an essential milestone for AutoNation Finance Trust, the company's financial arm. With $1.08 billion funded by non-recourse warehouse debt, AutoNation, Inc. (NYSE:AN) announced that it raked in $1.45 billion in auto loans via AutoNation Finance at the end of the first quarter of 2025, representing a 74.4% advance rate. This new securitization deal is projected to release about $164 million in capital for the company. The asset-backed securities notes carry a weighted-average interest rate of 4.9%, which is slightly lower than the 5.4% interest rate on the non-recourse warehouse line of credit that had been previously in use. With that in mind, Stephens estimates that the new approach could lead to an additional $123 million of capital for the company this year, assuming a 98% advance rate. One of America's largest car retailers, AutoNation, Inc. (NYSE:AN) sells both new and used cars through a network of franchises. While we acknowledge the potential of AN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AN and that has 100x upside potential, check out our report about the cheapest AI stock. Read More: and Disclosure: None.
Business Wire
22-05-2025
- Automotive
- Business Wire
AutoNation Achieves 300% Growth in User Adoption with Qlik Cloud Analytics
PHILADELPHIA--(BUSINESS WIRE)-- Qlik ®, a global leader in data integration, data quality, analytics, and artificial intelligence (AI) has announced that AutoNation, the largest automotive retailer in the U.S., has enhanced its marketing analytics operations by adopting Qlik Cloud Analytics™ and Snowflake. The move has expanded the benefits of Qlik across the business, delivering valuable insights into marketing activities and improving return on investment (ROMI). With the cloud-based solution, AutoNation has unlocked new levels of operational efficiency, allowing its engineers and developers to focus on innovation rather than maintaining infrastructure. As the largest automotive dealer group in the U.S., AutoNation's diverse operations cover everything from new and used vehicle sales to finance, service, and repairs. With its scale and purchasing power, AutoNation offers customers unique advantages that smaller dealerships can't match. The company's marketing operations are central to its success, with the primary focus being the return on marketing investments (ROMI). Upon implementing Qlik Cloud Analytics, AutoNation immediately reaped the benefits. Moving to the cloud resolved connectivity problems, improved efficiency, and provided greater reliability in data processing. Qlik Cloud Analytics allowed users to take full advantage of AutoNation's growing data reserves and Qlik's visualization capabilities. 'The migration was far simpler than I ever expected, and that was down to Qlik DataTransfer,' shared Aaron Corneail, Senior Business Intelligence Developer and Administrator at AutoNation. 'My focus has moved away from fixing broken tools to building new ones, as people ask me to add new tables, dashboards, and maps. And GeoAnalytics allows us to focus on the areas that matter and cut wasteful spending on areas that don't bring us any advantage.' With Qlik Cloud Analytics, AutoNation now enjoys a much faster connection to Snowflake and significantly reduced internal processes. Data is now reloaded and updated at the same time, providing immediate and accurate insights. AutoNation now has access to a reporting platform that empowers its marketing teams to make informed decisions based on up-to-date data. With Qlik Cloud Analytics, the company is able to assess the effectiveness of marketing campaigns, determine ROMI, and adjust future strategies to improve performance. 'The tools we're now giving people help them make better decisions. They could spend hours and hours working through data and not achieve the insights we can with Qlik,' Corneail explained. 'That makes everyone look good and our user base has grown by 300% as a result.' Looking forward, AutoNation is already trialing Qlik Predict™ and exploring the potential of Qlik Answers™, which promises to take analytics even further across the business by tapping into the potential of unstructured enterprise content. 'Engineers are developing tasks in Qlik Predict to bring predictive AI into our dashboards and apps, taking results and building new KPIs and what-could-happen scenarios,' Corneail says. 'Qlik Answers has a huge potential benefit, and it will take the benefits of Qlik further across the business as people see that they can just ask a question and have charts, graphs, and tables fed back to them. That's really going to be the next big thing." About AutoNation AutoNation is an automotive retailer based in Fort Lauderdale, Florida, that supplies new and pre-owned vehicles and related services across the U.S. Founded in 1996 with 12 locations, AutoNation now operates over 300 retail outlets nationwide. About Qlik Qlik converts complex data landscapes into actionable insights, driving strategic business outcomes. Serving over 40,000 global customers, our portfolio provides advanced, enterprise-grade AI/ML, data integration, and analytics. Our AI/ML tools, both practical and scalable, lead to better decisions, faster. We excel in data integration and governance, offering comprehensive solutions that work with diverse data sources. Intuitive analytics from Qlik uncover hidden patterns, empowering teams to address complex challenges and seize new opportunities. As strategic partners, our platform-agnostic technology and expertise make our customers more competitive. © 2025 QlikTech International AB. All rights reserved. All company and/or product names may be trade names, trademarks and/or registered trademarks of the respective owners with which they are associated.
Yahoo
22-05-2025
- Automotive
- Yahoo
Why AutoNation (AN) is a Top Value Stock for the Long-Term
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics. Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks. AutoNation, Inc. is one of the largest automotive retailers in the United States. Apart from retailing new and used vehicles, the company offers vehicle maintenance and repair services, vehicle parts, extended service contracts, vehicle protection products, and other aftermarket products. In addition, it arranges financing for vehicle purchases through third-party sources. AN sits at a Zacks Rank #3 (Hold), holds a Value Style Score of A, and has a VGM Score of A. Compared to the Automotive - Retail and Whole Sales industry's P/E of 10.8X, shares of AutoNation are trading at a forward P/E of 10X. AN also has a PEG Ratio of 1, a Price/Cash Flow ratio of 7.7X, and a Price/Sales ratio of 0.3X. Value investors don't just pay attention to a company's valuation ratios; positive earnings play a crucial role, too. Five analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.43 to $18.67 per share. AN has an average earnings surprise of 1.6%. AN should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AutoNation, Inc. (AN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Automotive
- Yahoo
Jim Cramer on AutoNation, Inc. (AN): ‘You Won't Hear Me Criticize Any Company With That Big A Buyback'
We recently published an article titled In this article, we are going to take a look at where AutoNation, Inc. (NYSE:AN) stands against the other stocks Jim Cramer recently talked about. During the most recent episode of Mad Money, which aired on Monday, the 12th of May, Jim Cramer discussed the recent market rally and encouraged his viewers to stay invested. He also emphasized the importance of earnings, saying: 'Earnings matter again, okay? That's what happened last night when the United States and China reached an agreement, however temporary, to hold off trade armageddon. The rollback of the exorbitant tariffs to much more reasonable levels caused the stock market to explode.' READ ALSO: AND Although Cramer was happy about the market's recovery, he reminded his viewers that the S&P 500 is still flat on a year-to-date basis and discussed how other regions are doing: 'Now don't get me wrong, I'm glad it happened, but I just spent a week in Europe, and it is stunning how much better the markets are doing over there.' His final reminder was for his viewers to just stay invested in the market and avoid trying to time the market, saying: 'Bottom line: It's better to stay in, stay on, and let her ride than to try to pick the perfect moment to trade in and out and in and out of the stock market. By the way, that's not much of a strategy. It's more of a game of chicken where there are no winners, just losers who think they are smarter than the average bear.' For this article, we compiled a list of 10 stocks that were discussed by Jim Cramer during the Mad Money episode that aired on the 13th of May 2024. We then calculated their performance for the past 12 months, until May 13th, 2025, market close. We have also included the hedge fund sentiment for the stocks, which we sourced from Insider Monkey's Q4 2024 database of over 900 hedge funds. The stocks are listed in the order that Cramer mentioned them. Please note that this article mentions Jim Cramer's previous opinions and may not account for any changes to his opinions regarding the stocks that are mentioned. It is primarily an examination of how his previously provided opinions have panned out. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). An AutoNation-branded dealership, showcasing the wide variety of new and used vehicles on offer. Cramer brought up AutoNation, Inc. (NYSE:AN) to highlight how aggressive buybacks, rather than explosive earnings growth, had been driving the stock's incredible performance at the time. He pointed out: "AutoNation... reported a pretty good quarter, leading to yet another leg higher for the stock. [...] I think it's AutoNation's buyback that's been driving this one higher. [...] The company's share count has fallen from just under 90 million shares in 2020 to around 40 million now — they repurchased more than half the stock. [...] The buyback thesis held up, with the stock advancing 13.01% since then. AutoNation, Inc. (NYSE:AN) is one of the largest automotive retailers in the United States, selling new and used vehicles and offering repair and maintenance services. In February this year, Cramer highlighted the robust used car market as he shared: 'AutoNation, positive note today. Used cars are selling really well.' Overall AN ranks 4th on our list of the stocks Jim Cramer recently discussed. While we acknowledge the potential of AN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AN but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
