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

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

Asbury Automotive Group, Inc. (NYSE:ABG) issued its earnings results on Tuesday, July, 24th. The company reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.92 by $0.16. The firm had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.67 billion. Asbury Automotive Group had a net margin of 2.37% and a return on equity of 37.44%. The business's revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.58 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, 23rd 2018. View Earnings Estimates for Asbury Automotive Group.

4 brokers have issued twelve-month price targets for Asbury Automotive Group's shares. Their predictions range from $61.00 to $77.00. On average, they expect Asbury Automotive Group's share price to reach $69.00 in the next twelve months. This suggests that the stock has a possible downside of 7.3%. 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 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Asbury Automotive Group.

Some companies that are related to Asbury Automotive Group include Penske Automotive Group (PAG), AutoNation (AN), Casey's General Stores (CASY), Murphy USA (MUSA), Lithia Motors (LAD), Rush Enterprises, Inc. Class B (RUSHB), Camping World (CWH), Rush Enterprises, Inc. Class A (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).

News coverage about ABG stock has been trending somewhat positive on Friday, Accern Sentiment reports. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Asbury Automotive Group earned a media and rumor sentiment score of 0.00 on Accern's scale. They also assigned media headlines about the company an impact score of 46.59 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Asbury Automotive Group.

Asbury Automotive Group's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.19%), Morgan Stanley (7.95%), Dimensional Fund Advisors LP (4.25%), Burgundy Asset Management Ltd. (3.56%), River Road Asset Management LLC (2.12%) and Macquarie Group Ltd. (2.03%). 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., River Road Asset Management LLC, Victory Capital Management Inc., Raymond James & Associates, Peregrine Capital Management LLC, Laurion Capital Management LP, First Manhattan Co. and MetLife Investment Advisors LLC. Company insiders that have sold Asbury Automotive Group company stock in the last year include Craig T Monaghan, Dennis E Clements, George A Villasana, George Karolis, Joel Alsfine, 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 BlackRock Inc., American Century Companies Inc., Bank of America Corp DE, Chicago Equity Partners LLC, James Investment Research Inc., TD Asset Management Inc., Bowling Portfolio Management LLC and Schwab Charles Investment Management 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 $74.40.

Asbury Automotive Group has a market capitalization of $1.53 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.

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]