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NYSE:ABG

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

$223.75
+2.19 (+0.99%)
(As of 01:38 PM ET)
Compare
Today's Range
$221.56
▼
$228.35
50-Day Range
$217.44
▼
$249.89
52-Week Range
$138.88
▼
$256.39
Volume
31,056 shs
Average Volume
215,065 shs
Market Capitalization
$4.60 billion
P/E Ratio
5.22
Dividend Yield
N/A
Price Target
$216.67
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Asbury Automotive Group MarketRank™ Forecast

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
2.8% Downside
$216.67 Price Target
Short Interest
Bearish
10.50% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-2.97
Upright™ Environmental Score
News Sentiment
1.00mentions of Asbury Automotive Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-6.86%
From $33.53 to $31.23 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.01 out of 5 stars

Retail/Wholesale Sector

204th out of 210 stocks

Automotive Dealers & Gasoline Service Stations Industry

18th out of 20 stocks

See Top Rated MarketRank™ Stocks Here

ABG stock logo

About Asbury Automotive Group (NYSE:ABG) Stock

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 Price History

ABG Stock News Headlines

September 25, 2023 | finance.yahoo.com
Capital Allocation Trends At Asbury Automotive Group (NYSE:ABG) Aren't Ideal
September 14, 2023 | msn.com
With A Compelling Valuation, Asbury Automotive Can Drive Higher
September 27, 2023 | Edge On The Street (Ad)
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September 11, 2023 | finance.yahoo.com
Asbury (ABG) to Buy Jim Koons to Expand in Mid-Atlantic Region
September 11, 2023 | finance.yahoo.com
Auto Roundup: ABG's $1.2B Buyout Deal, MGA's Revised 2025 View & More
September 11, 2023 | markets.businessinsider.com
Analysts Offer Insights on Industrial Goods Companies: Atmus Filtration Technologies, Inc. (ATMU) and Asbury (ABG)
September 9, 2023 | msn.com
Asbury Automotive Group to Buy Jim Koons Dealership For $1.2 Billion
September 9, 2023 | bizjournals.com
Jim Koons Automotive Companies selling to Georgia's Asbury Automotive in $1.2B deal
September 27, 2023 | Edge On The Street (Ad)
Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
September 9, 2023 | msn.com
Deal Or No Deal? Asbury Automotive Acquires Ninth Largest Privately-Owned US Dealership, Jim Koons
September 9, 2023 | msn.com
Asbury Automotive (NYSE:ABG) Snaps up Jim Koons in Landmark Deal
September 8, 2023 | bizjournals.com
Asbury Automotive to pay $1.2 billion for competitor
September 8, 2023 | bizjournals.com
Jim Koons Automotive Companies to sell to Georgia's Asbury Automotive in $1.2B deal
September 8, 2023 | finance.yahoo.com
UPDATE 2-Auto dealer Asbury to expand Mid-Atlantic presence with $1.2 bln Jim Koons buy
September 8, 2023 | finance.yahoo.com
Midday movers: Apple, RH, GameStop and more
September 8, 2023 | investing.com
Asbury Automotive to acquire Jim Koons for about $1.2 billion
September 8, 2023 | markets.businessinsider.com
Asbury Automotive To Buy Jim Koons Automotive; Terms Not Disclosed
September 8, 2023 | msn.com
Asbury Automotive acquires Jim Koons Automotive in one of the largest auto retail deals in history
September 8, 2023 | finance.yahoo.com
Asbury Automotive Group Agrees to Acquire Jim Koons Automotive Companies in the Largest Auto Retail Acquisition Since 2021
September 5, 2023 | finance.yahoo.com
Asbury Automotive Group Named to Newsweek’s America’s Greatest Workplaces 2023
September 1, 2023 | finance.yahoo.com
Is Now An Opportune Moment To Examine Asbury Automotive Group, Inc. (NYSE:ABG)?
August 24, 2023 | finance.yahoo.com
Why Is Asbury Automotive (ABG) Up 0.2% Since Last Earnings Report?
August 23, 2023 | stocknews.com
3 Auto Dealer Stocks Staying on Top of Wall Street
August 15, 2023 | finance.yahoo.com
If EPS Growth Is Important To You, Asbury Automotive Group (NYSE:ABG) Presents An Opportunity
August 10, 2023 | msn.com
Morgan Stanley Maintains Asbury Automotive Group (ABG) Underweight Recommendation
August 3, 2023 | finance.yahoo.com
Factor Likely to Influence Dillard's (DDS) in Q2 Earnings
July 29, 2023 | finance.yahoo.com
Is There An Opportunity With Asbury Automotive Group, Inc.'s (NYSE:ABG) 49% Undervaluation?
See More Headlines
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ABG Company Calendar

Last Earnings
7/25/2023
Today
9/27/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Automotive dealers & gasoline service stations
Sub-Industry
Automotive Retail
Sector
Retail/Wholesale
Current Symbol
NYSE:ABG
CUSIP
04343610
CIK
1144980
Web
www.asburyauto.com
Phone
(770) 418-8200
Fax
N/A
Employees
13,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$216.67
High Stock Price Forecast
$300.00
Low Stock Price Forecast
$165.00
Forecasted Upside/Downside
-3.8%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$42.89
Trailing P/E Ratio
5.25
Forward P/E Ratio
6.72
P/E Growth
0.36
Net Income
$997.30 million
Net Margins
6.28%
Pretax Margin
8.31%
Return on Equity
26.62%
Return on Assets
9.65%

Debt

Debt-to-Equity Ratio
1.04
Current Ratio
1.91
Quick Ratio
0.77

Sales & Book Value

Annual Sales
$15.43 billion
Price / Sales
0.30
Cash Flow
$42.09 per share
Price / Cash Flow
5.35
Book Value
$131.18 per share
Price / Book
1.72

Miscellaneous

Outstanding Shares
20,580,000
Free Float
20,491,000
Market Cap
$4.63 billion
Optionable
Optionable
Beta
1.13
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Key Executives

  • Mr. David W. HultMr. David W. Hult (Age 57)
    Pres, CEO & Director
    Comp: $4.83M
  • Mr. Michael D. Welch (Age 48)
    Sr. VP & CFO
    Comp: $1.69M
  • Mr. Daniel Clara (Age 43)
    Sr. VP of Operations
    Comp: $1.77M
  • Mr. George A. VillasanaMr. George A. Villasana (Age 55)
    Sr. VP, Chief Legal Officer & Sec.
    Comp: $1.7M
  • Mr. Jed M. MilsteinMr. Jed M. Milstein (Age 54)
    Sr. VP & Chief HR Officer
    Comp: $1.51M
  • Mr. Nathan Edward Briesemeister (Age 51)
    VP, Chief Accounting Officer & Controller
  • Mr. Barry Cohen
    Chief Information Officer & VP
  • Mr. Miran MaricMr. Miran Maric (Age 34)
    Sr. VP of Strategy & Innovation
  • Ms. Karen Reid
    VP- Corp. FP&A and Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













ABG Stock - Frequently Asked Questions

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

2 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 and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" ABG shares.
View ABG analyst ratings or view top-rated stocks.

What is Asbury Automotive Group's stock price forecast for 2023?

2 Wall Street research analysts have issued 12 month price targets for Asbury Automotive Group's stock. Their ABG share price forecasts range from $165.00 to $300.00. On average, they expect the company's stock price to reach $216.67 in the next twelve months. This suggests that the stock has a possible downside of 3.8%.
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 beginning of the year. Since then, ABG shares have increased by 25.6% and is now trading at $225.19.
View the best growth stocks for 2023 here.

When is Asbury Automotive Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our ABG earnings forecast.

How were Asbury Automotive Group's earnings last quarter?

Asbury Automotive Group, Inc. (NYSE:ABG) announced its earnings results on Tuesday, July, 25th. The company reported $8.95 earnings per share for the quarter, beating the consensus estimate of $8.24 by $0.71. The business had revenue of $3.74 billion for the quarter, compared to analyst estimates of $3.80 billion. Asbury Automotive Group had a net margin of 6.28% and a trailing twelve-month return on equity of 26.62%. The business's quarterly revenue was down 5.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $10.04 earnings per share.

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), Invesco S&P SmallCap Quality ETF (XSHQ), Harbor Corporate Culture Small Cap ETF (HAPS), Argent Mid Cap ETF (AMID), Invesco S&P SmallCap Momentum ETF (XSMO), Global X Guru Index ETF (GURU), VanEck Morningstar SMID Moat ETF (SMOT) and Invesco S&P SmallCap 600 Revenue ETF (RWJ).

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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.38%), Impactive Capital LP (9.93%), State Street Corp (3.98%), Dimensional Fund Advisors LP (3.55%), Congress Asset Management Co. MA (2.42%) and Capital Research Global Investors (2.19%). 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 $225.19.

How much money does Asbury Automotive Group make?

Asbury Automotive Group (NYSE:ABG) has a market capitalization of $4.63 billion and generates $15.43 billion in revenue each year. The company earns $997.30 million in net income (profit) each year or $42.89 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 9/27/2023 by MarketBeat.com Staff

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