AutoNation Inc
AN: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| txl | LOCK|Nr!bd | LOCK|vR@^&%m |
We Expect AutoNation to Benefit From Continued Dealer Consolidation
Business Strategy and Outlook
We believe AutoNation's massive size and economy of scale advantages will allow the company to deliver operating margins of at least 4% at times, and we see upside potential to profits as the AutoNation USA stand-alone used-vehicle stores roll out. There are 26 USA stores as of March, and long term we expect over 100.
