NYSE:ABG

Asbury Automotive Group (ABG) Stock Price, News & Analysis

$221.59
-0.60 (-0.27%)
(As of 04/24/2024 ET)
Today's Range
$218.90
$225.50
50-Day Range
$204.70
$235.98
52-Week Range
$178.40
$256.39
Volume
193,939 shs
Average Volume
164,952 shs
Market Capitalization
$4.47 billion
P/E Ratio
7.75
Dividend Yield
N/A
Price Target
$235.00

Asbury Automotive Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
6.1% Upside
$235.00 Price Target
Short Interest
Bearish
10.06% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-2.97
Upright™ Environmental Score
News Sentiment
0.88mentions of Asbury Automotive Group in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$826,595 Sold Last Quarter
Proj. Earnings Growth
0.51%
From $31.46 to $31.62 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.91 out of 5 stars

Retail/Wholesale Sector

175th out of 199 stocks

Automotive Dealers & Gasoline Service Stations Industry

16th out of 18 stocks

ABG stock logo

About Asbury Automotive Group Stock (NYSE:ABG)

Asbury Automotive Group, Inc., together with its subsidiaries, operates as an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services. The company also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, prepaid maintenance, and disability and accident insurance. Asbury Automotive Group, Inc. was founded in 1996 and is based in Duluth, Georgia.

ABG Stock Price History

ABG Stock News Headlines

Craig-Hallum Keeps Their Hold Rating on Asbury (ABG)
The "Smart Money" Is Ready for May 1st Are You?
Former Wall Street VP: "Buy This Stock Now" Five of America's Most Successful Investors Bought Shares in The Same Company.
Asbury Automotive Group
The "Smart Money" Is Ready for May 1st Are You?
Former Wall Street VP: "Buy This Stock Now" Five of America's Most Successful Investors Bought Shares in The Same Company.
Asbury Automotive Group Inc
ABG Apr 2024 210.000 put
Asbury Automotive Group Inc.
Asbury (ABG) Q4 Earnings Miss Expectations, Decline Y/Y
Asbury Automotive downgraded to Hold yesterday at Craig-Hallum
Q4 2023 Asbury Automotive Group Inc Earnings Call
Asbury Automotive Group Inc. Q4 Profit Decreases, misses estimates
Asbury Automotive Group (ABG) Q4 Earnings Lag Estimates
Preview: Asbury Automotive Gr's Earnings
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Today
4/24/2024
Next Earnings (Confirmed)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Automotive dealers & gasoline service stations
Sub-Industry
Automotive Retail
CUSIP
04343610
Fax
N/A
Employees
15,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$235.00
High Stock Price Target
$300.00
Low Stock Price Target
$165.00
Potential Upside/Downside
+6.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$602.50 million
Pretax Margin
5.41%

Debt

Sales & Book Value

Annual Sales
$14.80 billion
Cash Flow
$38.93 per share
Book Value
$157.65 per share

Miscellaneous

Free Float
20,065,000
Market Cap
$4.46 billion
Optionable
Optionable
Beta
1.18
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ABG Stock Analysis - 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 target for 2024?

3 brokers have issued 1-year target prices for Asbury Automotive Group's shares. Their ABG share price targets range from $165.00 to $300.00. On average, they anticipate the company's stock price to reach $235.00 in the next year. This suggests a possible upside of 6.1% 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 2024?

Asbury Automotive Group's stock was trading at $224.97 on January 1st, 2024. Since then, ABG stock has decreased by 1.5% and is now trading at $221.59.
View the best growth stocks for 2024 here
.

When is Asbury Automotive Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our ABG earnings forecast
.

How can I listen to Asbury Automotive Group's earnings call?

Asbury Automotive Group will be holding an earnings conference call on Thursday, April 25th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Asbury Automotive Group's earnings last quarter?

Asbury Automotive Group, Inc. (NYSE:ABG) announced its earnings results on Thursday, February, 8th. The company reported $7.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $7.74 by $0.62. The company earned $3.81 billion during the quarter, compared to the consensus estimate of $3.70 billion. Asbury Automotive Group had a net margin of 4.07% and a trailing twelve-month return on equity of 21.68%. The business's quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $9.12 EPS.

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).

Who are Asbury Automotive Group's major shareholders?

Asbury Automotive Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (0.21%), Lawson Kroeker Investment Management Inc. NE (0.11%), State of Alaska Department of Revenue (0.06%), Louisiana State Employees Retirement System (0.05%), Maryland State Retirement & Pension System (0.04%) and Amalgamated Bank (0.03%). Insiders that own company stock include Berman Bridget Ryan, Daniel Clara, David W Hult, George A Villasana, Jed Milstein, Miran Maric and Philip F Maritz.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ABG) was last updated on 4/24/2024 by MarketBeat.com Staff

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