Asbury Automotive Group Stock Forecast, Price & News

Asbury Automotive Group (NYSE:ABG) Frequently Asked Questions

Is Asbury Automotive Group a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Asbury Automotive Group in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Asbury Automotive Group stock.
View analyst ratings for Asbury Automotive Group or view top-rated stocks.

How has Asbury Automotive Group's stock price been impacted by COVID-19 (Coronavirus)?

Asbury Automotive Group's stock was trading at $72.41 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ABG shares have increased by 123.4% and is now trading at $161.74.
View which stocks have been most impacted by COVID-19.

When is Asbury Automotive Group's next earnings date?

Asbury Automotive Group is scheduled to release its next quarterly earnings announcement on Tuesday, February 1st 2022.
View our earnings forecast for Asbury Automotive Group.

How were Asbury Automotive Group's earnings last quarter?

Asbury Automotive Group, Inc. (NYSE:ABG) released its quarterly earnings results on Monday, October, 25th. The company reported $7.36 earnings per share for the quarter, beating the Zacks' consensus estimate of $6.36 by $1.00. The company had revenue of $2.41 billion for the quarter, compared to analysts' expectations of $2.27 billion. Asbury Automotive Group had a net margin of 5.11% and a trailing twelve-month return on equity of 43.39%. Asbury Automotive Group's revenue for the quarter was up 30.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.08 EPS.
View Asbury Automotive Group's earnings history.

What price target have analysts set for ABG?

6 brokers have issued 1 year price objectives for Asbury Automotive Group's stock. Their forecasts range from $145.00 to $250.00. On average, they expect Asbury Automotive Group's stock price to reach $220.83 in the next year. This suggests a possible upside of 36.5% from the stock's current price.
View analysts' price targets for Asbury Automotive Group or view top-rated stocks among Wall Street analysts.

Who are Asbury Automotive Group's key executives?

Asbury Automotive Group's management team includes the following people:

• David W. Hult, President, Chief Executive Officer & Director
• Daniel Clara, Senior Vice President-Operations
• Michael D. Welch, Chief Financial Officer & Senior Vice President
• Barry Cohen, Chief Information Officer & Vice President
• George A. Villasana, Secretary, Chief Legal Officer & Senior VP

What is David Hult's approval rating as Asbury Automotive Group's CEO?

81 employees have rated Asbury Automotive Group CEO David Hult on Glassdoor.com. David Hult has an approval rating of 61% among Asbury Automotive Group's employees. This puts David Hult in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Asbury Automotive Group's key competitors?

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), Group 1 Automotive (GPI), Monro (MNRO), Sonic Automotive (SAH) and America's Car-Mart (CRMT).
View all of ABG's competitors.

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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.01%), Neuberger Berman Group LLC (6.37%), Impactive Capital LP (4.39%), Dimensional Fund Advisors LP (3.15%), Congress Asset Management Co. MA (3.35%) and Morgan Stanley (1.44%). Company insiders that own Asbury Automotive Group stock include Abrams Capital Management, LP, David W Hult, Eugene S Katz, George A Villasana, Jed Milstein, Juanita T James and William Frederick Stax.
View institutional ownership trends for Asbury Automotive Group.

Which institutional investors are selling Asbury Automotive Group stock?

ABG stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Morgan Stanley, Neuberger Berman Group LLC, Schonfeld Strategic Advisors LLC, Goldman Sachs Group Inc., Grantham Mayo Van Otterloo & Co. LLC, Healthcare of Ontario Pension Plan Trust Fund, and Peregrine Capital Management LLC. Company insiders that have sold Asbury Automotive Group company stock in the last year include David W Hult, George A Villasana, Jed Milstein, Juanita T James, and William Frederick Stax.
View insider buying and selling activity for Asbury Automotive Group or view top insider-selling stocks.

Which institutional investors are buying Asbury Automotive Group stock?

ABG stock was bought by a variety of institutional investors in the last quarter, including Congress Asset Management Co. MA, Millennium Management LLC, Arrowstreet Capital Limited Partnership, New York State Common Retirement Fund, Moody Aldrich Partners LLC, Impactive Capital LP, BlackRock Inc., and Leuthold Group LLC.
View insider buying and selling activity for Asbury Automotive Group or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Asbury Automotive Group's stock price today?

One share of ABG stock can currently be purchased for approximately $161.74.

How much money does Asbury Automotive Group make?

Asbury Automotive Group has a market capitalization of $3.74 billion and generates $7.13 billion in revenue each year. The company earns $254.40 million in net income (profit) each year or $24.71 on an earnings per share basis.

How many employees does Asbury Automotive Group have?

Asbury Automotive Group employs 7,900 workers across the globe.

What is Asbury Automotive Group's official website?

The official website for Asbury Automotive Group is www.asburyauto.com.

Where are Asbury Automotive Group's headquarters?

Asbury Automotive Group is headquartered at 2905 PREMIERE PARKWAY NW SUITE 300, DULUTH GA, 30097.

How can I contact Asbury Automotive Group?

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].