AutoNation Inc
AN: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $943.00 | Flvtc | Vcdklgz |
AutoNation Is Growing in Old Ways and New Ones Like AutoNation Finance and Mobile Repair
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Business Strategy and Outlook
We believe AutoNation's massive size and economy of scale advantages will allow the company to deliver operating margins often above 4%, and we see upside potential to profits as its AutoNation USA stand-alone used-vehicle stores roll out. There are 13 USA stores at year-end 2022, and in April 2021 the firm announced plans to have over 130 by the end of 2026 (more recent language just says over 130 long term), with some in new U.S. markets.