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) issued its quarterly earnings results on Friday, July, 26th. The company reported $2.38 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $2.27 by $0.11. The firm earned $1.80 billion during the quarter, compared to the consensus estimate of $1.80 billion. Asbury Automotive Group had a return on equity of 35.08% and a net margin of 2.57%. The company's revenue for the quarter was up 4.6% on a year-over-year basis. During the same period last year, the company earned $2.08 earnings per share. View Asbury Automotive Group's Earnings History.

Asbury Automotive Group is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for Asbury Automotive Group.

6 equities research analysts have issued twelve-month price objectives for Asbury Automotive Group's stock. Their predictions range from $70.00 to $110.00. On average, they anticipate Asbury Automotive Group's share price to reach $87.40 in the next year. This suggests that the stock has a possible downside of 11.8%. View Analyst Price Targets for Asbury Automotive Group.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Asbury Automotive Group in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Asbury Automotive Group.

Press coverage about ABG stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Asbury Automotive Group earned a news impact score of 0.9 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Asbury Automotive Group.

Some companies that are related to Asbury Automotive Group include Casey's General Stores (CASY), IAA (IAA), AutoNation (AN), Penske Automotive Group (PAG), KAR Auction Services (KAR), Lithia Motors (LAD), Murphy USA (MUSA), Group 1 Automotive (GPI), Rush Enterprises (RUSHB), Rush Enterprises (RUSHA), Sonic Automotive (SAH), Camping World (CWH), America's Car-Mart (CRMT), Kaixin Auto (KXIN) and TravelCenters of America (TA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Asbury Automotive Group investors own include Lithia Motors (LAD), NVIDIA (NVDA), Group 1 Automotive (GPI), Alliance Data Systems (ADS), AutoNation (AN), General Electric (GE), Sonic Automotive (SAH), Celgene (CELG), Artisan Partners Asset Management (APAM) and EOG Resources (EOG).

Asbury Automotive Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (17.33%), BlackRock Inc. (17.33%), Vanguard Group Inc. (10.51%), Victory Capital Management Inc. (7.36%), Morgan Stanley (7.16%) and Prudential Financial Inc. (2.84%). Company insiders that own Asbury Automotive Group stock include Craig T Monaghan, David W Hult, Dennis E Clements, Eugene S Katz, George A Villasana, George Karolis, Jed Milstein, Joel Alsfine, Juanita T James, Sean D Goodman, 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 Public Employees Retirement Association of Colorado, First Manhattan Co., Schroder Investment Management Group, Schroder Investment Management Group, Eminence Capital LP, Prudential Financial Inc., Balyasny Asset Management LLC and BlackRock Inc.. Company insiders that have sold Asbury Automotive Group company stock in the last year include David W Hult, Dennis E Clements, Eugene S Katz, George A Villasana, Jed Milstein, Juanita T James, Sean D Goodman, Thomas C Deloach Jr and William Frederick Stax. View Insider Buying and Selling for Asbury Automotive Group.

ABG stock was acquired by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Nuveen Asset Management LLC, Invesco Ltd., D. E. Shaw & Co. Inc., UBS Group AG, Bank of New York Mellon Corp, Wells Fargo & Company MN and Sawgrass Asset Management LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of ABG stock can currently be purchased for approximately $99.10.

Asbury Automotive Group has a market capitalization of $1.92 billion and generates $6.87 billion in revenue each year. The company earns $168 million in net income (profit) each year or $8.41 on an earnings per share basis. Asbury Automotive Group employs 8,200 workers across the globe.View Additional Information About Asbury Automotive Group.

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]