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 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ABG shares have increased by 27.1% and is now trading at $92.00. 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) posted its quarterly earnings data on Tuesday, May, 5th. The company reported $1.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.67 by $0.13. The company earned $1.61 billion during the quarter, compared to analyst estimates of $1.57 billion. Asbury Automotive Group had a return on equity of 28.33% and a net margin of 2.28%. The business's quarterly revenue was down 3.8% on a year-over-year basis. During the same period in the prior year, the business posted $2.20 EPS. View Asbury Automotive Group's earnings history.

5 equities research analysts have issued 12-month price objectives for Asbury Automotive Group's stock. Their forecasts range from $76.00 to $120.00. On average, they expect Asbury Automotive Group's share price to reach $99.20 in the next year. This suggests a possible upside of 7.8% from the stock's current price. View analysts' price targets for Asbury Automotive Group.

Press coverage about ABG stock has been trending negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Asbury Automotive Group earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news about Asbury Automotive Group.

Asbury Automotive Group saw a drop in short interest in 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 short-interest ratio is currently 8.1 days. Currently, 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."

Asbury Automotive Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.60%). Company insiders that own Asbury Automotive Group stock include Abrams Capital Management, LP, 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 institutional ownership trends for Asbury Automotive Group.

ABG stock was acquired by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co.. View insider buying and selling activity 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 $92.00.

Asbury Automotive Group has a market capitalization of $1.77 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]