AutoNation Inc
AN: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|JV | LOCK|b#cQ | LOCK|V^^Cfv |
We Expect AutoNation to Remain a Leader Among US Auto Dealers
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 September; store count growth will be gradual.
