How to Buy Autonation Stock
Autonation Inc
Autonation is a auto & truck dealership company located in Florida, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker AN on the NYSE exchange.
Autonation stock last closed at $159.52, up 0.79% from the previous day, and has increased 20.2% in one year. It has overperformed other stocks in the Auto & Truck Dealerships industry by 0.53 percentage points. Autonation stock is currently +28.84% from its 52-week low of $123.81, and -12.39% from its 52-week high of $182.09.
As of Apr 24, 2024, there are 41.66M shares of AN outstanding. The market cap of AN is $6.65B. In the last 24 hours, 529,969 AN shares were traded.
How to Buy Autonation Stock
Wondering how to invest in Autonation stock? Here's how.
- Choose where to buy Autonation stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Autonation stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Select your payment method and add your details.
- Research Autonation stock: The Autonation ticker symbol is AN. Is Autonation stock a good investment? Should you buy shares of AN? How do AN's underlying business fundamentals look? Do top analysts think Autonation is a good buy? Why has AN's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if AN is a good stock to buy).
- Make your AN purchase: Decide if you will purchase AN shares at the current market price or use a limit order to buy AN shares at a specific price.
- Monitor your AN investment: Create a watchlist to the latest updates on your new investment in Autonation stock.
Step 1: Choose where to buy Autonation stock
You will need a brokerage account to access the NYSE market and buy AN shares.
Our favorite brokerage: eToro
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Get $10 towards your purchase of stock by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal information so you are able to invest in AN today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open your new trading account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have opened your account on our top ranked stock market app, your next step is to transfer the money for your investment:
Check out the video below if you need help depositing funds into your investment account.
Step 4: Research Autonation stock
After you have chosen the best place to buy Autonation stock, it's very important to research their stock prior to buying, so you actually comprehend the risk and upside.
Autonation Numbers
AN Due Diligence Checks
WallStreetZen was designed to help everyday investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on AN's stock page.
Is AN stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge AN's true value.
Using relative valuations measures:
- AN could be undervalued based on its P/E ratio of 6.97x, relative to Auto & Truck Dealerships industry P/E ratio of 12.08x
- AN may be overvalued based on its P/B ratio of 3.01x, relative to Auto & Truck Dealerships industry P/B ratio of 2.34x
You can access additional valuation analysis on AN's stock here.
AN Financial Health Overview
Pros:
- There are more short-term assets than long-term liabilities on the AN balance sheet.
- AN earnings of $1.68B is not sufficient to cover its interest payments.
Cons:
- AN profit margin has gone down from 5.1% to 3.8% in the past year.
- AN's operating cash flow of $724.00M allows it to safely service it's debt of $4.65B.
- AN has a relatively high debt to equity ratio of 4.42.
- There are more short-term liabilities than short-term assets on the AN balance sheet.
- Total AN debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy Autonation stock, according to Wall Street analysts?
Out of 7 sell side analysts who track AN, the consensus analyst rating on AN is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Most Recent AN Analyst Ratings
Rajat Gupta, a top 17% analyst from JP Morgan upgrades AN to a hold rating and announces their AN price target of $145.00, on Oct 31, 2023.
Michael Ward, a top 4% analyst from Benchmark reiterates AN with a strong buy rating and maintains their AN price target from $200.00 to $200.00, on Oct 30, 2023.
You can dig deeper into what analysts are forecasting on the Autonation stock forecast page.
AN Technicals
AN Growth Numbers
Last year, AN earnings were $1.02B. During the past 5 year, AN's earnings have gone up by 39.33% per year. This was faster than the Auto & Truck Dealerships industry average of 13.28%.
Last year, AN revenue was $26.95B. During the last five year, AN's revenue has gone up by 4.71% per year. This was slower than the Auto & Truck Dealerships industry average of 17.95%.
Dig into AN's earnings and revenue performance here.
Latest Insiders Trades at AN
In the last 12 months, insiders at AN have sold more shares than they have bought.
Edward S. Lampert, 10% Owner of AN, was the latest AN insider to sell. They sold $26,852,294.70 worth of AN stock on Mar 21, 2024.
Get more info about who owns AN stock here.
Can I rely on AN as an income stream?
No, Autonation doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your AN purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.
Click the Open Trade button and eToro will place the order.
If you want more info about investing in stocks on eToro, click the helpful video below:
Step 6: Monitor your AN investment
Now that you own some AN shares, you'll want to keep up with your investment.
Create a watchlist to see the latest developments about your AN stock.
AN Feed
How to Buy Stock in Autonation
To summarize, here are the 6 steps for buying Autonation stock:
- Choose where to buy Autonation stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Research Autonation stock
- Make your AN purchase
- Monitor your AN investment
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep an eye on your investment in Autonation, hit the button below to create your watchlist.
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