Asbury Automotive Group, Inc. is an automotive retailer in the United States. As of December 31, 2016, the Company owned and operated 93 new vehicle franchises, representing 28 brands of automobiles at 77 dealership locations, and 23 collision centers in the United States. In addition, as of December 31, 2016, it owned and operated two standalone used vehicle stores in Florida. Its stores offer automotive products and services, including new and used vehicles; parts and service, including vehicle repair and maintenance services, replacement parts, and collision repair services; and finance and insurance products, including arranging vehicle financing through third parties and aftermarket products, such as extended service contracts, guaranteed asset protection (GAP) insurance, prepaid maintenance, and credit life and disability insurance. Its new vehicle revenues include new vehicle sales and lease transactions arranged by dealerships with third-party financial institutions.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Auto Dealerships
- Sub-Industry: Automotive Retail
- Symbol: NYSE:ABG
- CUSIP: 04343610
- Web: www.asburyauto.com
Capitalization:- Market Cap: $1.18 billion
- Outstanding Shares: 21,052,000
Average Prices:- 50 Day Moving Avg: $58.83
- 200 Day Moving Avg: $61.46
- 52 Week Range: $47.50 - $71.00
P/E:- Trailing P/E Ratio: 7.18
- Foreward P/E Ratio: 8.13
- P/E Growth: 0.54
Sales & Book Value:- Annual Revenue: $6.53 billion
- Price / Sales: 0.18
- Book Value: $14.10 per share
- Price / Book: 3.99
Profitability:- EBIDTA: $329.4 million
- Net Margins: 2.56%
- Return on Equity: 57.45%
- Return on Assets: 5.86%
Debt:- Debt-to-Equity Ratio: 3.58%
- Current Ratio: 1.22%
- Quick Ratio: 0.40%
Misc:- Average Volume: 270,717 shs.
- Beta: 1.33
- Short Ratio: 6.49
Frequently Asked Questions for Asbury Automotive Group (NYSE:ABG)
What is Asbury Automotive Group's stock symbol?
Asbury Automotive Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ABG."
How were Asbury Automotive Group's earnings last quarter?
Asbury Automotive Group, Inc. (NYSE:ABG) issued its earnings results on Thursday, April, 27th. The company reported $1.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.49 by $0.09. The business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.57 billion. Asbury Automotive Group had a net margin of 2.56% and a return on equity of 57.45%. The company's revenue for the quarter was up .1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.36 EPS. View Asbury Automotive Group's Earnings History.
When will Asbury Automotive Group make its next earnings announcement?
Where is Asbury Automotive Group's stock going? Where will Asbury Automotive Group's stock price be in 2017?
2 equities research analysts have issued 1 year target prices for Asbury Automotive Group's shares. Their predictions range from $73.00 to $73.00. On average, they expect Asbury Automotive Group's stock price to reach $73.00 in the next year. View Analyst Ratings for Asbury Automotive Group.
What are analysts saying about Asbury Automotive Group stock?
Here are some recent quotes from research analysts about Asbury Automotive Group stock:
- 1. According to Zacks Investment Research, "Asbury Automotive Group is one of the largest automotive retailers in the United States. They sell, finance and service a diverse range of foreign and domestic automobile brands. " (2/9/2017)
- 2. Jefferies Group LLC analysts commented, "Q4 adj. EPS of $1.56 beat our est. of $1.42 and consensus of $1.43 as lower SG&A to gross (69.3% vs. our 71.2% est) benefited from better-than-expected cost control and lower rent expense. Strong top-line trends saw new and used retail comps of 3% & 7% beat our est. of -3% & flat, respectively, with P&S comp of 8% in line with our est. while retail gross margin trends remained challenged by slowing demand." (2/7/2017)
Who are some of Asbury Automotive Group's key competitors?
Some companies that are related to Asbury Automotive Group include Lithia Motors (LAD), GameStop Corp. (GME), Big Lots (BIG), Urban Outfitters (URBN), Bloomin' Brands (BLMN), RH (RH), American Eagle Outfitters (AEO), Brinker International (EAT), Arcos Dorados Holding (ARCO), Childrens Place (PLCE), HSN (HSNI), Groupon (GRPN), Travelport Worldwide Ltd (TVPT), Builders FirstSource (BLDR), Dillard's (DDS), Insight Enterprises (NSIT), J C Penney Company (JCP) and Rush Enterprises (RUSHA).
Who owns Asbury Automotive Group stock?
Asbury Automotive Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (0.00%), MSD Capital L P (9.50%), Vanguard Group Inc. (0.00%), Neuberger Berman Group LLC (0.00%), Burgundy Asset Management Ltd. (0.00%) and Dimensional Fund Advisors LP (0.00%). Company insiders that own Asbury Automotive Group stock include Craig T Monaghan, Dennis E Clements, Eugene S Katz, George A Villasana, George Karolis, Juanita T James, Keith Style, Msd Capital L P, Thomas C Deloach Jr and William Frederick Stax. View Institutional Ownership Trends for Asbury Automotive Group.
Who sold Asbury Automotive Group stock? Who is selling Asbury Automotive Group stock?
Asbury Automotive Group's stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Citadel Advisors LLC, Burgundy Asset Management Ltd., Elliott Management Corp, TimesSquare Capital Management LLC, Bank of New York Mellon Corp, Steel Canyon Capital LLC and Gotham Asset Management LLC. Company insiders that have sold Asbury Automotive Group stock in the last year include Craig T Monaghan, George A Villasana, George Karolis, Keith Style, Thomas C Deloach Jr and William Frederick Stax. View Insider Buying and Selling for Asbury Automotive Group.
Who bought Asbury Automotive Group stock? Who is buying Asbury Automotive Group stock?
Asbury Automotive Group's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Neuberger Berman Group LLC, Prudential Financial Inc., River Road Asset Management LLC, Bank of America Corp DE, Point72 Asset Management L.P. and Goldman Sachs Group Inc.. View Insider Buying and Selling for Asbury Automotive Group.
How do I buy Asbury Automotive Group stock?
Shares of Asbury Automotive Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Asbury Automotive Group stock cost?
One share of Asbury Automotive Group stock can currently be purchased for approximately $56.20.
Earnings History for Asbury Automotive Group (NYSE:ABG)Earnings History by Quarter for Asbury Automotive Group (NYSE:ABG)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 7/24/2017 | | | | | | | | |
| 4/27/2017 | Q1 2017 | $1.49 | $1.58 | $1.57 billion | $1.55 billion | View | N/A |  |
| 2/7/2017 | Q416 | $1.43 | $1.56 | $1.63 billion | $1.70 billion | View | Listen | |
| 10/25/2016 | Q316 | $1.61 | $1.52 | $1.69 billion | $1.68 billion | View | Listen | |
| 7/26/2016 | Q216 | $1.65 | $1.65 | $1.72 billion | $1.63 billion | View | Listen | |
| 4/26/2016 | Q116 | $1.33 | $1.36 | $1.63 billion | $1.60 billion | View | Listen | |
| 2/4/2016 | Q415 | $1.36 | $1.31 | $1.65 billion | $1.60 billion | View | Listen | |
| 10/21/2015 | Q315 | $1.42 | $1.43 | $1.66 billion | $1.72 billion | View | Listen | |
| 7/21/2015 | Q215 | $1.43 | $1.52 | $1.66 billion | $1.70 billion | View | Listen | |
| 4/21/2015 | Q115 | $1.18 | $1.30 | $1.49 billion | $1.50 billion | View | Listen | |
| 2/4/2015 | Q414 | $1.01 | $1.07 | $1.48 billion | $1.50 billion | View | Listen | |
| 10/21/2014 | Q314 | $1.08 | $1.08 | $1.51 billion | $1.51 billion | View | Listen | |
| 7/22/2014 | Q214 | $1.10 | $1.19 | $1.46 billion | $1.51 billion | View | Listen | |
| 4/23/2014 | Q114 | $0.86 | $1.03 | $1.31 billion | $1.40 billion | View | Listen | |
| 2/4/2014 | Q413 | $0.83 | $0.88 | $1.33 billion | $1.40 billion | View | Listen | |
| 10/22/2013 | Q313 | $0.87 | $0.91 | $1.33 billion | $1.40 billion | View | Listen | |
| 7/23/2013 | Q2 2013 | $0.81 | $0.98 | $1.29 billion | $1.35 billion | View | Listen | |
| 4/24/2013 | Q1 2013 | $0.67 | $0.77 | $1.19 billion | $1.20 billion | View | Listen | |
| 2/19/2013 | Q4 2012 | $0.65 | $0.73 | $1.18 billion | $1.22 billion | View | Listen | |
| 10/23/2012 | | $0.64 | $0.72 | | | View | N/A | |
| 7/24/2012 | | $0.64 | $0.69 | | | View | N/A | |
| 4/26/2012 | | $0.47 | $0.57 | | | View | N/A | |
| 2/14/2012 | | $0.43 | $0.54 | | | View | N/A | |
| 10/26/2011 | | $0.44 | $0.44 | | | View | N/A | |
| 7/26/2011 | | $0.44 | $0.51 | | | View | N/A | |
| 4/27/2011 | | $0.35 | $0.35 | | | View | N/A | |
| 2/22/2011 | | $0.35 | $0.37 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Asbury Automotive Group (NYSE:ABG)2017 EPS Consensus Estimate: $6.35
2018 EPS Consensus Estimate: $6.83
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 3 | $1.44 | $1.54 | $1.49 |
| Q2 2017 | 3 | $1.62 | $1.68 | $1.64 |
| Q3 2017 | 3 | $1.63 | $1.67 | $1.65 |
| Q4 2017 | 3 | $1.43 | $1.64 | $1.57 |
| Q1 2018 | 1 | $1.57 | $1.57 | $1.57 |
| Q2 2018 | 1 | $1.80 | $1.80 | $1.80 |
| Q3 2018 | 1 | $1.73 | $1.73 | $1.73 |
| Q4 2018 | 1 | $1.73 | $1.73 | $1.73 |
(Data provided by Zacks Investment Research)
Dividend History for Asbury Automotive Group (NYSE:ABG)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Asbury Automotive Group (NYSE:ABG)Insider Ownership Percentage: 10.90%
Insider Trades by Quarter for Asbury Automotive Group (NYSE:ABG)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/8/2017 | Thomas C Deloach Jr | Director | Sell | 1,676 | $59.20 | $99,219.20 | |
| 2/21/2017 | George Karolis | SVP | Sell | 2,773 | $69.01 | $191,364.73 | |
| 2/16/2017 | Keith Style | CFO | Sell | 10,000 | $66.50 | $665,000.00 | |
| 2/9/2017 | George A Villasana | SVP | Sell | 13,004 | $65.11 | $846,690.44 | |
| 12/15/2016 | Craig T Monaghan | CEO | Sell | 24,000 | $62.09 | $1,490,160.00 | |
| 8/2/2016 | Craig T Monaghan | CEO | Sell | 27,000 | $57.92 | $1,563,840.00 | |
| 7/29/2016 | George A Villasana | SVP | Sell | 10,000 | $60.36 | $603,600.00 | |
| 7/29/2016 | Keith Style | CFO | Sell | 5,000 | $61.11 | $305,550.00 | |
| 7/29/2016 | William Frederick Stax | Insider | Sell | 500 | $60.88 | $30,440.00 | |
| 5/20/2016 | Dennis E Clements | Director | Sell | 2,034 | $53.31 | $108,432.54 | |
| 5/3/2016 | Msd Capital L P | Director | Buy | 100 | $58.12 | $5,812.00 | |
| 4/29/2016 | George Karolis | SVP | Sell | 1,717 | $60.47 | $103,826.99 | |
| 3/14/2016 | Eugene S Katz | Director | Sell | 1,000 | $60.57 | $60,570.00 | |
| 2/10/2016 | Juanita T James | Director | Sell | 2,000 | $48.41 | $96,820.00 | |
| 5/19/2015 | Eugene S Katz | Director | Sell | 1,500 | $87.03 | $130,545.00 | |
| 5/13/2015 | Dennis E Clements | Director | Sell | 10,000 | $85.00 | $850,000.00 | |
| 4/22/2015 | Juanita T James | Director | Sell | 3,152 | $86.72 | $273,341.44 | |
| 8/21/2014 | Craig T Monaghan | CEO | Sell | 12,887 | $69.03 | $889,589.61 | |
| 8/20/2014 | Craig T Monaghan | CEO | Sell | 7,500 | $69.30 | $519,750.00 | |
| 8/19/2014 | Craig T Monaghan | CEO | Sell | 15,000 | $69.64 | $1,044,600.00 | |
| 8/18/2014 | Craig T Monaghan | CEO | Sell | 7,500 | $69.61 | $522,075.00 | |
| 5/19/2014 | Joseph Parham, Jr. | VP | Sell | 8,133 | $63.17 | $513,761.61 | |
| 5/13/2014 | Michael Kearney | COO | Sell | 10,000 | $64.54 | $645,400.00 | |
| 4/30/2014 | Craig Monaghan | CEO | Sell | 60,000 | $60.27 | $3,616,200.00 | |
| 4/25/2014 | Eugene Katz | Director | Sell | 1,000 | $58.87 | $58,870.00 | |
| 4/25/2014 | Michael Kearney | COO | Sell | 20,000 | $59.69 | $1,193,800.00 | |
| 3/24/2014 | Joseph Parham, Jr. | VP | Sell | 10,000 | $55.08 | $550,800.00 | |
| 3/12/2014 | Michael Sawicki | CAO | Sell | 1,300 | $53.07 | $68,991.00 | |
| 3/10/2014 | Scott Krenz | SVP | Sell | 2,613 | $54.55 | $142,539.15 | |
| 2/20/2014 | Scott Krenz | SVP | Sell | 9,383 | $49.06 | $460,329.98 | |
| 2/18/2014 | Juanita James | Director | Sell | 1,000 | $49.04 | $49,040.00 | |
| 2/7/2014 | Janet Clarke | Director | Sell | 4,000 | $50.20 | $200,800.00 | |
| 12/13/2013 | Craig Monaghan | CEO | Sell | 16,668 | $51.88 | $864,735.84 | |
| 12/12/2013 | Philip Maritz | Director | Buy | 3,300 | $52.15 | $172,095.00 | |
| 10/31/2013 | Vernon E Jordan Jr | Director | Sell | 20,918 | $47.73 | $998,416.14 | |
| 9/9/2013 | Dennis E Clements | Director | Sell | 2,500 | $52.92 | $132,300.00 | |
| 8/15/2013 | Craig Monaghan | CEO | Sell | 7,500 | $50.08 | $375,600.00 | |
| 8/15/2013 | Juanita James | Director | Sell | 2,000 | $50.27 | $100,540.00 | |
| 8/8/2013 | Msd Capital P | major shareholder | Sell | 50,000 | $51.91 | $2,595,500.00 | |
| 7/30/2013 | Craig T Monaghan | CEO | Sell | 11,000 | $47.74 | $525,140.00 | |
| 7/25/2013 | Craig T Monaghan | CEO | Sell | 33,672 | $46.80 | $1,575,849.60 | |
| 7/25/2013 | Michael Kearney | COO | Sell | 20,000 | $46.84 | $936,800.00 | |
| 7/11/2013 | Joseph G Parham Jr | VP | Sell | 1,571 | $44.68 | $70,192.28 | |
| 7/9/2013 | Joseph G Parham Jr | VP | Sell | 1,429 | $43.30 | $61,875.70 | |
(Data available from 1/1/2013 forward)
Headline Trends for Asbury Automotive Group (NYSE:ABG)
Latest Headlines for Asbury Automotive Group (NYSE:ABG)
| Source: |
|
| Date | Headline |
|---|
 | Dow down 200 plus: Which Atlanta stocks are getting clobbered?
www.bizjournals.com - May 17 at 3:16 PM |
 | Insider Selling: Asbury Automotive Group, Inc. (ABG) Director Sells 1,676 Shares of Stock
www.americanbankingnews.com - May 9 at 8:04 PM |
| Zacks: Brokerages Anticipate Asbury Automotive Group, Inc. (ABG) Will Post Quarterly Sales of $1.66 Billion
www.americanbankingnews.com - May 6 at 10:08 AM |
 | Asbury Automotive Group (ABG) Confirms Sean D. Goodman as New SVP & CFO
www.streetinsider.com - May 5 at 8:17 PM |
 | Asbury Automotive Group, Inc. Announces Appointment of Sean D. Goodman as Chief Financial Officer
finance.yahoo.com - May 5 at 8:17 PM |
| ETFs with exposure to Asbury Automotive Group, Inc. : May 4, 2017
finance.yahoo.com - May 4 at 8:17 PM |
| $1.67 Earnings Per Share Expected for Asbury Automotive Group, Inc. (ABG) This Quarter
www.americanbankingnews.com - May 4 at 9:37 AM |
 | ABG Crosses Below Key Moving Average Level
www.nasdaq.com - May 3 at 8:19 PM |
| Asbury Automotive Group, Inc. :ABG-US: Earnings Analysis: Q1, 2017 By the Numbers : May 3, 2017
finance.yahoo.com - May 3 at 3:16 PM |
| Asbury Automotive Group, Inc. – Value Analysis (NYSE:ABG) : May 2, 2017
finance.yahoo.com - May 3 at 6:03 AM |
| Brokers Offer Predictions for Asbury Automotive Group, Inc.'s Q2 2017 Earnings (ABG)
www.americanbankingnews.com - May 2 at 9:12 AM |
| Asbury Automotive Group (ABG) Getting Favorable Media Coverage, Study Finds
www.americanbankingnews.com - May 2 at 7:48 AM |
| Asbury Automotive Group, Inc. breached its 50 day moving average in a Bearish Manner : ABG-US : May 1, 2017
finance.yahoo.com - May 1 at 11:57 AM |
| KeyCorp Weighs in on Asbury Automotive Group, Inc.'s Q2 2017 Earnings (ABG)
www.americanbankingnews.com - May 1 at 8:40 AM |
 | BRIEF-Asbury Automotive Q1 EPS from continuing operations of $1.61/shr
www.reuters.com - April 29 at 3:16 PM |
| Very Favorable Media Coverage Extremely Likely to Impact Asbury Automotive Group (ABG) Stock Price
www.americanbankingnews.com - April 29 at 8:42 AM |
| Edited Transcript of ABG earnings conference call or presentation 27-Apr-17 2:00pm GMT
finance.yahoo.com - April 28 at 1:40 AM |
 | More on Asbury Automotive Group's Q1
seekingalpha.com - April 27 at 8:40 PM |
| Asbury Automotive Group, Inc. (ABG) Releases Earnings Results, Beats Estimates By $0.10 EPS
www.americanbankingnews.com - April 27 at 5:00 PM |
| Asbury Automotive Group Announces First Quarter 2017 Financial Results
finance.yahoo.com - April 27 at 3:33 PM |
 | Asbury Automotive tops 1Q profit forecasts
marketbeat.com - April 27 at 7:04 AM |
| Asbury Automotive Group (ABG) Earns Media Sentiment Score of 0.56
www.americanbankingnews.com - April 26 at 9:14 AM |
| Asbury Automotive Group (ABG) Getting Somewhat Positive News Coverage, Report Finds
www.americanbankingnews.com - April 21 at 8:15 AM |
| Asbury Automotive Group (ABG) Given Daily Media Impact Score of 0.50
www.americanbankingnews.com - April 17 at 10:02 AM |
| $1.56 Billion in Sales Expected for Asbury Automotive Group, Inc. (ABG) This Quarter
www.americanbankingnews.com - April 15 at 10:18 AM |
| Asbury Automotive Group (ABG) Receiving Somewhat Positive News Coverage, Analysis Finds
www.americanbankingnews.com - April 14 at 1:48 PM |
| $1.49 Earnings Per Share Expected for Asbury Automotive Group, Inc. (ABG) This Quarter
www.americanbankingnews.com - April 13 at 9:55 AM |
| Asbury Automotive Group, Inc. (ABG) Short Interest Update
www.americanbankingnews.com - April 4 at 12:23 PM |
| Asbury Automotive Group Schedules Release of First Quarter 2017 Financial Results
finance.yahoo.com - March 29 at 8:22 PM |
| 10 Georgia CEOs who got big pay raises last year (SLIDESHOW)
www.bizjournals.com - March 28 at 8:17 PM |
| Is Asbury Automotive a Suitable Stock for Value Investors?
finance.yahoo.com - March 10 at 3:15 PM |
| Nalley Infiniti Celebrates the Grand Opening of Brand-New, State-Of-The-Art Facility
finance.yahoo.com - March 1 at 8:16 PM |
| ASBURY AUTOMOTIVE GROUP INC Financials
finance.yahoo.com - March 1 at 3:15 PM |
| ASBURY AUTOMOTIVE GROUP INC Files SEC form 10-K, Annual Report
biz.yahoo.com - February 23 at 8:18 PM |
| ASBURY AUTOMOTIVE GROUP INC Files SEC form 8-K, Results of Operations and Financial Condition
us.rd.yahoo.com - February 9 at 1:35 AM |
| Edited Transcript of ABG earnings conference call or presentation 7-Feb-17 3:00pm GMT
finance.yahoo.com - February 8 at 1:22 AM |
 | 6:14 am Asbury Automotive beats by $0.14, beats on revs
us.rd.yahoo.com - February 7 at 8:20 PM |
| Asbury Automotive Group (ABG) Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 7 at 3:17 PM |
| Asbury Automotive Group Announces Record 2016 Fourth Quarter And Full-Year Financial Results
finance.yahoo.com - February 7 at 3:17 PM |
| Q4 2016 Asbury Automotive Group Inc Earnings Release - Before Market Open
biz.yahoo.com - February 7 at 3:17 PM |
| ASBURY AUTOMOTIVE GROUP INC Files SEC form 8-K, Other Events
biz.yahoo.com - January 27 at 8:25 PM |
 | Cramer's lightning round: A stock in the crosshairs of President Trump
www.cnbc.com - January 27 at 8:25 PM |
| Asbury Automotive Group Announces Departure of Keith Style as CFO
finance.yahoo.com - January 25 at 8:20 PM |
| 4:33 pm Asbury Automotive CFO Keith Style provides notice of his intention to resign effective March 7, to accept the position of President and CFO of a privately-owned company
finance.yahoo.com - January 25 at 8:20 PM |
| ASBURY AUTOMOTIVE GROUP INC Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - January 25 at 8:20 PM |
| Asbury Automotive Group Schedules Release of Fourth Quarter And Year-End Financial Results
finance.yahoo.com - January 16 at 8:18 PM |
 | ABG Crosses Above Average Analyst Target
www.thestreet.com - January 11 at 3:16 PM |
Asbury Automotive Group (ABG) Chart for Saturday, May, 27, 2017
