NYSE:ABG - Asbury Automotive Group Stock Price, Forecast & News

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

Asbury Automotive Group, Inc. (NYSE:ABG) announced its quarterly earnings results on Tuesday, October, 22nd. The company reported $2.33 EPS for the quarter, beating the consensus estimate of $2.32 by $0.01. The firm had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.83 billion. Asbury Automotive Group had a return on equity of 33.14% and a net margin of 2.55%. The business's revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.21 earnings per share. View Asbury Automotive Group's Earnings History.

Asbury Automotive Group is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for Asbury Automotive Group.

4 brokerages have issued 12-month price targets for Asbury Automotive Group's shares. Their forecasts range from $95.00 to $110.00. On average, they expect Asbury Automotive Group's share price to reach $101.33 in the next year. This suggests that the stock has a possible downside of 8.6%. View Analyst Price Targets for Asbury Automotive Group.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Asbury Automotive Group in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Asbury Automotive Group.

Media stories about ABG stock have trended negative on Saturday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Asbury Automotive Group earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Asbury Automotive Group.

Asbury Automotive Group saw a drop in short interest in November. As of November 15th, there was short interest totalling 1,840,000 shares, a drop of 8.0% from the October 31st total of 2,000,000 shares. Based on an average daily volume of 172,400 shares, the days-to-cover ratio is currently 10.7 days. Approximately 9.6% of the shares of the stock are sold short. View Asbury Automotive Group's Current Options Chain.

Some companies that are related to Asbury Automotive Group include O'Reilly Automotive (ORLY), AutoZone (AZO), CarMax (KMX), Advance Auto Parts (AAP), AutoNation (AN), Penske Automotive Group (PAG), Lithia Motors (LAD), Monro (MNRO), Group 1 Automotive (GPI), Sonic Automotive (SAH), PROSPECT CAPITAL 6.25 NTS (PBY) and America's Car-Mart (CRMT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Asbury Automotive Group investors own include Lithia Motors (LAD), Group 1 Automotive (GPI), NVIDIA (NVDA), Alliance Data Systems (ADS), AutoNation (AN), General Electric (GE), Sonic Automotive (SAH), Celgene (CELG), Comcast (CMCSA) and EOG Resources (EOG).

Asbury Automotive Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (3.17%), Robeco Institutional Asset Management B.V. (1.20%), Artemis Investment Management LLP (0.78%), Man Group plc (0.69%), Parametric Portfolio Associates LLC (0.63%) and Peregrine Capital Management LLC (0.47%). Company insiders that own Asbury Automotive Group stock include Craig T Monaghan, David W Hult, Dennis E Clements, Eugene S Katz, George A Villasana, George Karolis, Jed Milstein, Juanita T James, Sean D Goodman, Thomas C Deloach Jr, Thomas Reddin 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 Millennium Management LLC, Man Group plc, Peregrine Capital Management LLC, Sawgrass Asset Management LLC, Polaris Capital Management LLC, Artemis Investment Management LLP, First Trust Advisors LP and State Street Corp. Company insiders that have sold Asbury Automotive Group company stock in the last year include David W Hult, Dennis E Clements, Eugene S Katz, George A Villasana, Jed Milstein, Juanita T James, Sean D Goodman, Thomas C Deloach Jr and William Frederick Stax. View Insider Buying and Selling for Asbury Automotive Group.

ABG stock was acquired by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Origin Asset Management LLP, Delta Investment Management LLC, Squarepoint Ops LLC, Convergence Investment Partners LLC, State of Alaska Department of Revenue, Barclays PLC and State of Tennessee Treasury Department. View Insider Buying and Selling for Asbury Automotive Group.

Shares of ABG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of ABG stock can currently be purchased for approximately $110.92.

Asbury Automotive Group has a market capitalization of $2.15 billion and generates $6.87 billion in revenue each year. The company earns $168 million in net income (profit) each year or $8.41 on an earnings per share basis. Asbury Automotive Group employs 8,200 workers across the globe.View Additional Information About Asbury Automotive Group.

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

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]