Published On: Wed, Apr 26th, 2017

Volatile Stocks: AutoNation (NYSE:AN), Oracle (NYSE:ORCL)

AutoNation, Inc. (NYSE:AN) has 100.11 million outstanding shares. AutoNation (AN) releases Q1 profit increase 2%, though revenue slipped. The auto retailer said the number of new cars it sold fell 4 percent from a year ago to 75,798. The number of used cars it sold rose 4 percent to 60,608. CEO Mike Jackson said in a statement that he expects used car sales to increase in the second quarter. Overall, the Fort Lauderdale, Florida-based company declared net income of $98.1 million, or 97 cents per share, in the three months ending March 31.

That’s up from $95.9 million, or 89 cents per share, in the same period a year ago. Its earnings per share results beat Wall Street expectations of 91 cents per share, according to Zacks Investment Research. Revenue slipped to $5.14 billion from $5.12 million a year ago, falling short of Street forecasts for revenue of $5.31 billion, according to Zacks.

The firm stock closed at $43.86 by decreasing -0.45% in last trading day. As the returns are concern, return on equity was recorded 19.60% and firm surged its return on investment 9.40% while its return on asset stayed at 4.40%. How Factors Effect On Stocks’ Performance? 

Oracle Corporation (NYSE:ORCL) showed itself as moving stock, slummed -0.27% to close at $44.72. Oracle (ORCL) NetSuite Global Business Unit reported that PreXion Corporation has selected NetSuite OneWorld to fuel its global business expansion plans. PreXion will use NetSuite OneWorld to manage mission-critical business processes including global financial consolidation for subsidiaries in Japan and the USA, multi-currency transactions in U.S. Dollar and Japanese YEN, multi-language capabilities for Japanese and English and CRM to manage the complete consumer lifecycle.

Its total outstanding shares are 4083.27 million shares and floated shares were 2989.71 million. Its beta value stands at 1.17 times and price to earnings ratio was 21.14. Why NYSE:ORCL Become Volatile Stock?