S&P 500   5,069.76 (-0.17%)
DOW   38,949.02 (-0.06%)
QQQ   435.27 (-0.53%)
AAPL   181.42 (-0.66%)
MSFT   407.72 (+0.06%)
META   484.02 (-0.62%)
GOOGL   136.38 (-1.80%)
AMZN   173.16 (-0.22%)
TSLA   202.04 (+1.16%)
NVDA   776.63 (-1.32%)
NIO   5.44 (-6.05%)
AMD   176.54 (-0.82%)
BABA   74.60 (-3.96%)
T   16.96 (+0.77%)
F   12.30 (+2.50%)
MU   89.71 (-2.33%)
CGC   3.36 (-4.82%)
GE   155.62 (+1.06%)
DIS   110.81 (+1.27%)
AMC   5.00 (+3.95%)
PFE   27.06 (+0.59%)
PYPL   60.25 (+0.15%)
XOM   104.37 (+0.33%)
S&P 500   5,069.76 (-0.17%)
DOW   38,949.02 (-0.06%)
QQQ   435.27 (-0.53%)
AAPL   181.42 (-0.66%)
MSFT   407.72 (+0.06%)
META   484.02 (-0.62%)
GOOGL   136.38 (-1.80%)
AMZN   173.16 (-0.22%)
TSLA   202.04 (+1.16%)
NVDA   776.63 (-1.32%)
NIO   5.44 (-6.05%)
AMD   176.54 (-0.82%)
BABA   74.60 (-3.96%)
T   16.96 (+0.77%)
F   12.30 (+2.50%)
MU   89.71 (-2.33%)
CGC   3.36 (-4.82%)
GE   155.62 (+1.06%)
DIS   110.81 (+1.27%)
AMC   5.00 (+3.95%)
PFE   27.06 (+0.59%)
PYPL   60.25 (+0.15%)
XOM   104.37 (+0.33%)
S&P 500   5,069.76 (-0.17%)
DOW   38,949.02 (-0.06%)
QQQ   435.27 (-0.53%)
AAPL   181.42 (-0.66%)
MSFT   407.72 (+0.06%)
META   484.02 (-0.62%)
GOOGL   136.38 (-1.80%)
AMZN   173.16 (-0.22%)
TSLA   202.04 (+1.16%)
NVDA   776.63 (-1.32%)
NIO   5.44 (-6.05%)
AMD   176.54 (-0.82%)
BABA   74.60 (-3.96%)
T   16.96 (+0.77%)
F   12.30 (+2.50%)
MU   89.71 (-2.33%)
CGC   3.36 (-4.82%)
GE   155.62 (+1.06%)
DIS   110.81 (+1.27%)
AMC   5.00 (+3.95%)
PFE   27.06 (+0.59%)
PYPL   60.25 (+0.15%)
XOM   104.37 (+0.33%)
S&P 500   5,069.76 (-0.17%)
DOW   38,949.02 (-0.06%)
QQQ   435.27 (-0.53%)
AAPL   181.42 (-0.66%)
MSFT   407.72 (+0.06%)
META   484.02 (-0.62%)
GOOGL   136.38 (-1.80%)
AMZN   173.16 (-0.22%)
TSLA   202.04 (+1.16%)
NVDA   776.63 (-1.32%)
NIO   5.44 (-6.05%)
AMD   176.54 (-0.82%)
BABA   74.60 (-3.96%)
T   16.96 (+0.77%)
F   12.30 (+2.50%)
MU   89.71 (-2.33%)
CGC   3.36 (-4.82%)
GE   155.62 (+1.06%)
DIS   110.81 (+1.27%)
AMC   5.00 (+3.95%)
PFE   27.06 (+0.59%)
PYPL   60.25 (+0.15%)
XOM   104.37 (+0.33%)

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

$208.29
-3.71 (-1.75%)
(As of 02/28/2024 ET)
Today's Range
$207.98
$211.88
50-Day Range
$202.23
$227.24
52-Week Range
$178.40
$256.39
Volume
159,333 shs
Average Volume
162,183 shs
Market Capitalization
$4.29 billion
P/E Ratio
7.28
Dividend Yield
N/A
Price Target
$235.00

Asbury Automotive Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
12.8% Upside
$235.00 Price Target
Short Interest
Bearish
9.82% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-2.97
Upright™ Environmental Score
News Sentiment
1.71mentions of Asbury Automotive Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$1.47 M Sold Last Quarter
Proj. Earnings Growth
-1.55%
From $31.68 to $31.19 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.

1.75 out of 5 stars

Retail/Wholesale Sector

159th out of 203 stocks

Automotive Dealers & Gasoline Service Stations Industry

16th out of 19 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

Asbury (ABG) Q4 Earnings Miss Expectations, Decline Y/Y
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
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
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Asbury Automotive Group (ABG) Q4 Earnings Lag Estimates
Preview: Asbury Automotive Gr's Earnings
Black Bear Value Partners 2023 Year-End Letter
ABG Crosses Below Key Moving Average Level
12 Most Promising Car Stocks According to Analysts
See More Headlines
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.

Company Calendar

Last Earnings
2/08/2024
Today
2/28/2024
Next Earnings (Estimated)
4/23/2024
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
13,000
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
+11.8%
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
$36.37 per share
Book Value
$131.18 per share

Miscellaneous

Free Float
20,493,000
Market Cap
$4.33 billion
Optionable
Optionable
Beta
1.18
Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report














ABG Stock Analysis - Frequently Asked Questions

Should I buy or sell Asbury Automotive Group stock right now?

3 Wall Street equities research 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 equities research 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 Wall Street research analysts have issued 12 month target prices for Asbury Automotive Group's shares. Their ABG share price targets range from $165.00 to $300.00. On average, they expect the company's stock price to reach $235.00 in the next twelve months. This suggests a possible upside of 12.8% 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 at the beginning of 2024. Since then, ABG stock has decreased by 7.4% and is now trading at $208.29.
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 Tuesday, April 23rd 2024.
View our ABG earnings forecast
.

How were Asbury Automotive Group's earnings last quarter?

Asbury Automotive Group, Inc. (NYSE:ABG) posted its quarterly earnings data on Thursday, February, 8th. The company reported $7.12 earnings per share for the quarter, missing analysts' consensus estimates of $7.74 by $0.62. The company had revenue of $3.81 billion for the quarter, compared to analysts' expectations of $3.70 billion. Asbury Automotive Group had a trailing twelve-month return on equity of 21.90% and a net margin of 4.07%. Asbury Automotive Group's revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the firm posted $9.12 earnings per share.

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 variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.27%), Dimensional Fund Advisors LP (4.35%), Eminence Capital LP (1.59%), Norges Bank (1.46%), Brave Warrior Advisors LLC (1.35%) and Northern Trust Corp (1.17%). Insiders that own company stock include Abrams Capital Management, LP, 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 2/28/2024 by MarketBeat.com Staff