NYSE:ABGAsbury Automotive Group Stock Price, Forecast & News

Asbury Automotive Group's stock was trading at $72.41 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ABG shares have increased by 5.8% and is now trading at $76.59. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Asbury Automotive Group in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Asbury Automotive Group.

Asbury Automotive Group is scheduled to release its next quarterly earnings announcement on Friday, July 24th 2020. View our earnings forecast for Asbury Automotive Group.

Asbury Automotive Group, Inc. (NYSE:ABG) issued its quarterly earnings data on Tuesday, May, 5th. The company reported $1.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.67 by $0.13. The business had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.57 billion. Asbury Automotive Group had a net margin of 2.28% and a return on equity of 28.33%. The firm's quarterly revenue was down 3.8% on a year-over-year basis. During the same period in the prior year, the company posted $2.20 EPS. View Asbury Automotive Group's earnings history.

5 Wall Street analysts have issued 1 year target prices for Asbury Automotive Group's stock. Their forecasts range from $68.00 to $120.00. On average, they expect Asbury Automotive Group's stock price to reach $84.80 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price. View analysts' price targets for Asbury Automotive Group.

Media stories about ABG stock have been trending negative on Monday, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Asbury Automotive Group earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Asbury Automotive Group.

Asbury Automotive Group saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 2,250,000 shares, a drop of 16.0% from the June 15th total of 2,680,000 shares. Based on an average daily trading volume, of 277,500 shares, the days-to-cover ratio is currently 8.1 days. Approximately 11.8% of the company's shares are sold short. View Asbury Automotive Group's Current Options Chain.

Some companies that are related to Asbury Automotive Group include O'Reilly Automotive (ORLY), AutoZone (AZO), CarMax (KMX), Advance Auto Parts (AAP), Lithia Motors (LAD), AutoNation (AN), Penske Automotive Group (PAG), Monro (MNRO), Sonic Automotive (SAH), PROSPECT CAPITAL 6.25 NTS (PBY), Group 1 Automotive (GPI) and America's Car-Mart (CRMT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Asbury Automotive Group investors own include Lithia Motors (LAD), Group 1 Automotive (GPI), General Motors (GM), Methanex (MEOH), NVIDIA (NVDA), Sonic Automotive (SAH), Amplify Energy (AMPY), Amplify Energy (AMPY), AutoNation (AN) and General Electric (GE).

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

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, Robinhood, Fidelity, and Charles Schwab.

One share of ABG stock can currently be purchased for approximately $76.59.

Asbury Automotive Group has a market capitalization of $1.48 billion and generates $7.21 billion in revenue each year. The company earns $184.40 million in net income (profit) each year or $9.46 on an earnings per share basis. Asbury Automotive Group employs 8,500 workers across the globe.

The official website for Asbury Automotive Group is 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]