AutoNation, Inc. AN
NYSE · United States · Retail Trade
$157.44+0.64 (+0.41%)
Market closed· · USD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market closed· · USD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Total return, dividends included.
Shares of CarMax rose Tuesday after the used-car retailer posted better-than-expected fiscal second-quarter earnings and said it plans to resume repurchasing shares. CarMax stock advanced 6.9% to $60.47 on Tuesday after ending Monday down 1.2%. CarMax posted adjusted earnings of $1.16 a share in the quarter ended Aug. 31, up from 64 cents a share a year ago and above Wall Street’s expectation of 73 cents.
CarMax just posted a quarter strong enough to move rivals like Carvana and Lithia Motors higher, but skeptics are questioning whether the real driver was shoppers returning or a set of one-time finance items that may not repeat.
Where the price sits against its 50- and 200-day moving averages.
Makkler Fair Value, financial health score, analyst view, peers and MakklerAI.
AutoNation, Inc. recently amended and restated its unsecured credit agreement with JPMorgan Chase and other lenders, lifting its revolving credit facility commitment from US$1.90 billion to US$2.00 billion, expanding the accordion feature to as much as US$1.00 billion, and extending the maturity to September 14, 2031. This expanded, longer-dated facility, with the same or lower fees and margins and unchanged leverage and interest coverage covenants, could meaningfully increase AutoNation’s...
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