NYSE:ABG Asbury Automotive Group (ABG) Stock Forecast, Price & News $212.60 +11.56 (+5.75%) (As of 05/26/2023 08:46 PM ET) Add Compare Share Share Today's Range$206.09▼$214.0750-Day Range$186.03▼$212.6052-Week Range$138.88▼$253.67Volume169,000 shsAverage Volume209,362 shsMarket Capitalization$4.58 billionP/E Ratio4.99Dividend YieldN/APrice Target$239.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Asbury Automotive Group MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside12.4% Upside$239.00 Price TargetShort InterestBearish11.05% of Shares Sold ShortDividend StrengthN/ASustainability-2.97Upright™ Environmental ScoreNews Sentiment0.60Based on 7 Articles This WeekInsider TradingSelling Shares$666,277 Sold Last QuarterProj. Earnings Growth-5.77%From $31.52 to $29.70 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.49 out of 5 starsRetail/Wholesale Sector191st out of 212 stocksAutomotive Dealers & Gasoline Service Stations Industry18th out of 23 stocks 2.0 Analyst's Opinion Consensus RatingAsbury Automotive Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $239.00, Asbury Automotive Group has a forecasted upside of 12.4% from its current price of $212.60.Amount of Analyst CoverageAsbury Automotive Group has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted11.05% of the outstanding shares of Asbury Automotive Group have been sold short.Short Interest Ratio / Days to CoverAsbury Automotive Group has a short interest ratio ("days to cover") of 9.8.Change versus previous monthShort interest in Asbury Automotive Group has recently increased by 5.78%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAsbury Automotive Group does not currently pay a dividend.Dividend GrowthAsbury Automotive Group does not have a long track record of dividend growth. Previous Next 0.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAsbury Automotive Group has received a -96.51% net impact score from Upright. The largest negative impact of Asbury Automotive in category "GHG emissions" seems to be driven mostly by its "Physical retail of new cars at a car dealer", "Online retail of cars", and "Passenger car repair" products. See details.Environmental SustainabilityThe Environmental Impact score for Asbury Automotive Group is -2.97. Previous Next 2.0 News and Social Media Coverage News SentimentAsbury Automotive Group has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Asbury Automotive Group this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for ABG on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Asbury Automotive Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Asbury Automotive Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $666,277.00 in company stock.Percentage Held by InsidersOnly 0.41% of the stock of Asbury Automotive Group is held by insiders. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Asbury Automotive Group are expected to decrease by -5.77% in the coming year, from $31.52 to $29.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Asbury Automotive Group is 4.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Asbury Automotive Group is 4.99, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 29.52.Price to Earnings Growth RatioAsbury Automotive Group has a PEG Ratio of 0.36. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAsbury Automotive Group has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Asbury Automotive Group (NYSE:ABG) StockAsbury Automotive Group, Inc. is a franchised automotive retailer. It operates through the Dealerships and Total Care Auto (TCA) segments. The Dealerships segment offers a range of automotive products and services fulfilling the entire vehicle ownership lifecycle including the sale of new and used vehicles and the provision of vehicle repair and maintenance services, replacement parts, and collision repair services. It is also involved in providing finance and insurance products. The TCA segment provides extended vehicle service contracts, prepaid maintenance contracts, vehicle theft assistance contracts, key replacement contracts, guaranteed asset protection contracts, paintless dent repair contracts, appearance protection contracts, tire and wheel, and lease wear and tear contracts. The company was founded in January 1995 and is headquartered in Duluth, GA.Read More Receive ABG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Asbury Automotive Group and its competitors with MarketBeat's FREE daily newsletter. Email Address ABG Stock News HeadlinesMay 27, 2023 | msn.comAsbury Automotive approves new stock repurchase authorization of $250MMay 26, 2023 | finance.yahoo.comPenske (PAG) Up 3.2% Since Last Earnings Report: Can It Continue?May 29, 2023 | Legacy Research (Affiliate) (Ad)Sell every Stock except ONE Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...May 25, 2023 | finance.yahoo.comAsbury Automotive (ABG) Up 9.2% Since Last Earnings Report: Can It Continue?May 19, 2023 | americanbankingnews.comAsbury Automotive Group (NYSE:ABG) Coverage Initiated by Analysts at StockNews.comMay 17, 2023 | finance.yahoo.comThe Presidio Group Advises Asbury Automotive on the Sale of McDavid Acura of AustinMay 17, 2023 | finance.yahoo.comWhy Asbury Automotive Group, Inc. (NYSE:ABG) Looks Like A Quality CompanyMay 9, 2023 | finance.yahoo.comAsbury Stock Takes Off; Investors Ignore One-Off Down QuarterMay 29, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 2, 2023 | finance.yahoo.comAsbury Automotive Group, Inc. (NYSE:ABG) Q1 2023 Earnings Call TranscriptApril 30, 2023 | americanbankingnews.comStephens Boosts Asbury Automotive Group (NYSE:ABG) Price Target to $275.00April 30, 2023 | americanbankingnews.comJefferies Financial Group Comments on Asbury Automotive Group, Inc.'s Q2 2023 Earnings (NYSE:ABG)April 29, 2023 | americanbankingnews.comAsbury Automotive Group, Inc. (NYSE:ABG) Forecasted to Earn Q4 2023 Earnings of $7.48 Per ShareApril 29, 2023 | americanbankingnews.comAsbury Automotive Group (NYSE:ABG) Stock Rating Lowered by StockNews.comApril 28, 2023 | finance.yahoo.comAsbury's (ABG) Q1 Earnings Beat, Sales Miss, Decline Y/YApril 28, 2023 | americanbankingnews.comAsbury Automotive Group (NYSE:ABG) Announces Earnings Results, Beats Expectations By $0.43 EPSApril 28, 2023 | seekingalpha.comAsbury Automotive: Fantastic Guidance Driven By Digitalization And UndervaluedApril 27, 2023 | americanbankingnews.comAsbury Automotive Group, Inc. Forecasted to Post Q2 2023 Earnings of $7.93 Per Share (NYSE:ABG)April 26, 2023 | finance.yahoo.comQ1 2023 Asbury Automotive Group Inc Earnings CallApril 25, 2023 | nasdaq.comCompared to Estimates, Asbury Automotive (ABG) Q1 Earnings: A Look at Key MetricsApril 25, 2023 | msn.comAsbury Automotive Group edges profit expectationsApril 25, 2023 | finance.yahoo.comAsbury Automotive Group Reports First Quarter 2023 Financial ResultsApril 25, 2023 | finance.yahoo.comAsbury Automotive Group (ABG) Q1 Earnings Beat EstimatesApril 25, 2023 | seekingalpha.comAsbury Automotive Group, Inc. 2023 Q1 - Results - Earnings Call PresentationApril 23, 2023 | americanbankingnews.comAsbury Automotive Group (ABG) Scheduled to Post Earnings on TuesdayApril 21, 2023 | finance.yahoo.comIs it Fine to Acquire Asbury Automotive Group (ABG) Shares?April 20, 2023 | finance.yahoo.comAutoNation (AN) Surpasses Q1 Earnings EstimatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ABG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Asbury Automotive Group and its competitors with MarketBeat's FREE daily newsletter. Email Address ABG Company Calendar Last Earnings4/25/2023Today5/29/2023Next Earnings (Estimated)7/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Automotive dealers & gasoline service stations Sub-IndustryAutomotive Retail SectorRetail/Wholesale Current SymbolNYSE:ABG CUSIP04343610 CIK1144980 Webwww.asburyauto.com Phone(770) 418-8200FaxN/AEmployees13,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$239.00 High Stock Price Forecast$368.00 Low Stock Price Forecast$128.00 Forecasted Upside/Downside+12.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$42.62 Trailing P/E Ratio4.99 Forward P/E Ratio6.74 P/E Growth0.36Net Income$997.30 million Net Margins6.23% Pretax Margin8.24% Return on Equity29.48% Return on Assets10.25% Debt Debt-to-Equity Ratio1.05 Current Ratio1.92 Quick Ratio0.91 Sales & Book Value Annual Sales$15.10 billion Price / Sales0.30 Cash Flow$41.85 per share Price / Cash Flow5.08 Book Value$141.60 per share Price / Book1.50Miscellaneous Outstanding Shares21,534,000Free Float21,446,000Market Cap$4.58 billion OptionableOptionable Beta1.12 Key ExecutivesDavid W. HultPresident, Chief Executive Officer & DirectorDaniel ClaraSenior Vice President-OperationsMichael D. WelchChief Financial Officer & Senior Vice PresidentBarry CohenChief Information Officer & Vice PresidentGeorge A. VillasanaSecretary, Chief Legal Officer & Senior VPKey CompetitorsGroup 1 AutomotiveNYSE:GPIAutoNationNYSE:ANLithia MotorsNYSE:LADSonic AutomotiveNYSE:SAHPenske Automotive GroupNYSE:PAGView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 285 shares on 5/26/2023Ownership: 0.015%Toroso Investments LLCBought 1,201 shares on 5/23/2023Ownership: 0.006%Ameriprise Financial Inc.Sold 4,264 shares on 5/22/2023Ownership: 0.480%JPMorgan Chase & Co.Bought 8,474 shares on 5/18/2023Ownership: 0.223%Thrivent Financial for LutheransSold 769 shares on 5/17/2023Ownership: 0.102%View All Insider TransactionsView All Institutional Transactions ABG Stock - Frequently Asked Questions Should I buy or sell Asbury Automotive Group stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Asbury Automotive Group in the last twelve months. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" ABG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ABG, but not buy additional shares or sell existing shares. View ABG analyst ratings or view top-rated stocks. What is Asbury Automotive Group's stock price forecast for 2023? 3 Wall Street research analysts have issued 1-year target prices for Asbury Automotive Group's stock. Their ABG share price forecasts range from $128.00 to $368.00. On average, they expect the company's share price to reach $239.00 in the next twelve months. This suggests a possible upside of 12.4% from the stock's current price. View analysts price targets for ABG or view top-rated stocks among Wall Street analysts. How have ABG shares performed in 2023? Asbury Automotive Group's stock was trading at $179.25 at the start of the year. Since then, ABG stock has increased by 18.6% and is now trading at $212.60. View the best growth stocks for 2023 here. Are investors shorting Asbury Automotive Group? Asbury Automotive Group saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,380,000 shares, an increase of 5.8% from the April 30th total of 2,250,000 shares. Based on an average daily volume of 242,300 shares, the days-to-cover ratio is presently 9.8 days. View Asbury Automotive Group's Short Interest. When is Asbury Automotive Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our ABG earnings forecast. How were Asbury Automotive Group's earnings last quarter? Asbury Automotive Group, Inc. (NYSE:ABG) issued its earnings results on Tuesday, April, 25th. The company reported $8.37 EPS for the quarter, topping analysts' consensus estimates of $7.94 by $0.43. The company had revenue of $3.58 billion for the quarter, compared to analysts' expectations of $3.79 billion. Asbury Automotive Group had a net margin of 6.23% and a trailing twelve-month return on equity of 29.48%. The business's quarterly revenue was down 8.4% compared to the same quarter last year. During the same period in the previous year, the company earned $9.27 EPS. What ETFs hold Asbury Automotive Group's stock? ETFs with the largest weight of Asbury Automotive Group (NYSE:ABG) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Alpha Architect U.S. Quantitative Value ETF (QVAL), Argent Mid Cap ETF (AMID), Pacer US Small Cap Cash Cows 100 ETF (CALF), Invesco S&P SmallCap Momentum ETF (XSMO), Cambria Value and Momentum ETF (VAMO), VanEck Morningstar SMID Moat ETF (SMOT) and Invesco S&P SmallCap Value with Momentum ETF (XSVM). What is David Hult's approval rating as Asbury Automotive Group's CEO? 81 employees have rated Asbury Automotive Group Chief Executive Officer David Hult on Glassdoor.com. David Hult has an approval rating of 61% among the company's employees. This puts David Hult in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Asbury Automotive Group own? 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). What is Asbury Automotive Group's stock symbol? Asbury Automotive Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ABG." Who are Asbury Automotive Group's major shareholders? Asbury Automotive Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.09%), Impactive Capital LP (9.52%), State Street Corp (3.85%), Simcoe Capital Management LLC (3.01%), Congress Asset Management Co. MA (2.74%) and Dimensional Fund Advisors LP (2.69%). Insiders that own company stock include Abrams Capital Management, LP, Berman Bridget Ryan, David W Hult, George A Villasana, Jed Milstein, Juanita T James, Miran Maric and William Frederick Stax. View institutional ownership trends. How do I buy shares of Asbury Automotive Group? Shares of ABG stock 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. Compare Top Brokerages Here. What is Asbury Automotive Group's stock price today? One share of ABG stock can currently be purchased for approximately $212.60. How much money does Asbury Automotive Group make? Asbury Automotive Group (NYSE:ABG) has a market capitalization of $4.58 billion and generates $15.10 billion in revenue each year. The company earns $997.30 million in net income (profit) each year or $42.62 on an earnings per share basis. How many employees does Asbury Automotive Group have? The company employs 13,000 workers across the globe. How can I contact Asbury Automotive Group? Asbury Automotive Group's mailing address is 2905 PREMIERE PARKWAY NW SUITE 300, DULUTH GA, 30097. The official website for the company is www.asburyauto.com. The company can be reached via phone at (770) 418-8200 or via email at ir@asburyauto.com. This page (NYSE:ABG) was last updated on 5/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Asbury Automotive Group, Inc. 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