Asbury Automotive Group Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Asbury Automotive Group in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Asbury Automotive Group stock.
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Asbury Automotive Group is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for Asbury Automotive Group.

Asbury Automotive Group, Inc. (NYSE:ABG) posted its quarterly earnings results on Monday, April, 26th. The company reported $4.68 EPS for the quarter, topping the consensus estimate of $3.51 by $1.17. The business had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.04 billion. Asbury Automotive Group had a trailing twelve-month return on equity of 35.56% and a net margin of 4.25%. The business's revenue was up 36.4% on a year-over-year basis. During the same period last year, the business earned $1.80 EPS.
View Asbury Automotive Group's earnings history.

Asbury Automotive Group's stock was trading at $72.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ABG shares have increased by 118.6% and is now trading at $158.27.
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6 equities research analysts have issued 1 year price targets for Asbury Automotive Group's stock. Their forecasts range from $100.00 to $230.00. On average, they expect Asbury Automotive Group's stock price to reach $173.75 in the next year. This suggests a possible upside of 9.8% from the stock's current price.
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81 employees have rated Asbury Automotive Group CEO David Hult on Glassdoor.com. David Hult has an approval rating of 61% among Asbury Automotive Group's employees. This puts David Hult in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Asbury Automotive Group include O'Reilly Automotive (ORLY), AutoZone (AZO), CarMax (KMX), Advance Auto Parts (AAP), Lithia Motors (LAD), AutoNation (AN), Penske Automotive Group (PAG), Group 1 Automotive (GPI), Monro (MNRO), Sonic Automotive (SAH), Prospect Capital (PBY) and America's Car-Mart (CRMT).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Asbury Automotive Group investors own include NVIDIA (NVDA), AbbVie (ABBV), Intel (INTC), Lithia Motors (LAD), General Motors (GM), Group 1 Automotive (GPI), Bristol-Myers Squibb (BMY), Micron Technology (MU), AutoNation (AN) and Broadcom (AVGO).

Asbury Automotive Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ABG."

Asbury Automotive Group's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (16.46%), Neuberger Berman Group LLC (8.17%), Dimensional Fund Advisors LP (3.96%), Simcoe Capital Management LLC (3.11%), Victory Capital Management Inc. (2.80%) and Morgan Stanley (2.76%). Company insiders that own Asbury Automotive Group stock include Abrams Capital Management, LP, David W Hult, Eugene S Katz, George A Villasana, Jed Milstein, Juanita T James, Thomas C Deloach Jr and William Frederick Stax.
View institutional ownership trends for Asbury Automotive Group.

ABG stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Lakewood Capital Management LP, Goldman Sachs Group Inc., Capital Growth Management LP, Schroder Investment Management Group, Glenmede Trust Co. NA, Dimensional Fund Advisors LP, and Neuberger Berman Group LLC. Company insiders that have sold Asbury Automotive Group company stock in the last year include David W Hult, George A Villasana, Jed Milstein, Juanita T James, and William Frederick Stax.
View insider buying and selling activity for Asbury Automotive Group or view top insider-selling stocks.

ABG stock was acquired by a variety of institutional investors in the last quarter, including Congress Asset Management Co. MA, Simcoe Capital Management LLC, BlackRock Inc., Clarus Group Inc., Clarus Group Inc., Eminence Capital LP, Advisory Research Inc., and Price T Rowe Associates Inc. MD.
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Shares of ABG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ABG stock can currently be purchased for approximately $158.27.

Asbury Automotive Group has a market capitalization of $3.06 billion and generates $7.13 billion in revenue each year. The company earns $254.40 million in net income (profit) each year or $12.90 on an earnings per share basis.

Asbury Automotive Group employs 7,900 workers across the globe.

The official website for Asbury Automotive Group is www.asburyauto.com.

Asbury Automotive Group is headquartered at 2905 PREMIERE PARKWAY NW SUITE 300, DULUTH GA, 30097.

Asbury Automotive Group's mailing address is 2905 PREMIERE PARKWAY NW SUITE 300, DULUTH GA, 30097. The company can be reached via phone at 770-418-8200 or via email at [email protected]