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

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

Asbury Automotive Group, Inc. (NYSE:ABG) posted its earnings results on Tuesday, October, 23rd. The company reported $2.21 EPS for the quarter, beating the consensus estimate of $1.88 by $0.33. The firm earned $1.76 billion during the quarter, compared to the consensus estimate of $1.68 billion. Asbury Automotive Group had a return on equity of 37.83% and a net margin of 2.52%. The business's quarterly revenue was up 9.7% on a year-over-year basis. During the same period last year, the company earned $1.48 earnings per share. View Asbury Automotive Group's Earnings History.

Asbury Automotive Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Asbury Automotive Group.

4 brokerages have issued 1 year price objectives for Asbury Automotive Group's shares. Their predictions range from $67.00 to $81.00. On average, they anticipate Asbury Automotive Group's stock price to reach $73.00 in the next twelve months. This suggests a possible upside of 12.9% from the stock's current price. 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 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Asbury Automotive Group.

News articles about ABG stock have trended very positive this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Asbury Automotive Group earned a daily sentiment score of 3.6 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Some companies that are related to Asbury Automotive Group include Casey's General Stores (CASY), Penske Automotive Group (PAG), AutoNation (AN), Murphy USA (MUSA), Lithia Motors (LAD), Camping World (CWH), Rush Enterprises (RUSHB), Rush Enterprises (RUSHA), Group 1 Automotive (GPI), Fincera (YUANF), Sonic Automotive (SAH), America's Car-Mart (CRMT), TravelCenters of America (TA), Lazydays (LAZY) and Lentuo International (LASLY).

Asbury Automotive Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.05%), Vanguard Group Inc. (10.32%), Abrams Capital Management L.P. (8.09%), Morgan Stanley (7.20%), Neuberger Berman Group LLC (6.01%) and Victory Capital Management Inc. (5.55%). Company insiders that own Asbury Automotive Group stock include Craig T Monaghan, David W Hult, Dennis E Clements, George A Villasana, George Karolis, Joel Alsfine, Juanita T James, Keith Style, Msd Capital L P, 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 Burgundy Asset Management Ltd., Morgan Stanley, Man Group plc, River Road Asset Management LLC, TIAA CREF Investment Management LLC, Neuberger Berman Group LLC, Russell Investments Group Ltd. and Alliancebernstein L.P.. Company insiders that have sold Asbury Automotive Group company stock in the last year include Craig T Monaghan, George A Villasana, George Karolis, Juanita T James, Thomas C Deloach Jr, Thomas Reddin and William Frederick Stax. View Insider Buying and Selling for Asbury Automotive Group.

ABG stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Abrams Capital Management L.P., BlackRock Inc., Prudential Financial Inc., Schroder Investment Management Group, SG Americas Securities LLC, Point72 Asset Management L.P. and Vanguard Group Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of ABG stock can currently be purchased for approximately $64.66.

Asbury Automotive Group has a market capitalization of $1.26 billion and generates $6.46 billion in revenue each year. The company earns $139.10 million in net income (profit) each year or $6.43 on an earnings per share basis. Asbury Automotive Group employs 8,000 workers across the globe.

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]