Asbury Automotive Group Company Profile (NYSE:ABG)

About Asbury Automotive Group (NYSE:ABG)

Asbury Automotive Group logoAsbury Automotive Group, Inc. is an automotive retailer in the United States. As of December 31, 2016, the Company owned and operated 93 new vehicle franchises, representing 28 brands of automobiles at 77 dealership locations, and 23 collision centers in the United States. In addition, as of December 31, 2016, it owned and operated two standalone used vehicle stores in Florida. Its stores offer automotive products and services, including new and used vehicles; parts and service, including vehicle repair and maintenance services, replacement parts, and collision repair services; and finance and insurance products, including arranging vehicle financing through third parties and aftermarket products, such as extended service contracts, guaranteed asset protection (GAP) insurance, prepaid maintenance, and credit life and disability insurance. Its new vehicle revenues include new vehicle sales and lease transactions arranged by dealerships with third-party financial institutions.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Auto Vehicles, Parts & Service Retailers
  • Sub-Industry: Automotive Retail
  • Symbol: NYSE:ABG
  • CUSIP: 04343610
  • Web: www.asburyauto.com
Capitalization:
  • Market Cap: $1.17 billion
  • Outstanding Shares: 20,835,000
Average Prices:
  • 50 Day Moving Avg: $58.57
  • 200 Day Moving Avg: $56.65
  • 52 Week Range: $47.50 - $71.00
P/E:
  • Trailing P/E Ratio: 7.27
  • Foreward P/E Ratio: 8.68
  • P/E Growth: 0.73
Sales & Book Value:
  • Annual Revenue: $6.53 billion
  • Price / Sales: 0.18
  • Book Value: $15.22 per share
  • Price / Book: 3.69
Profitability:
  • EBITDA: $326.1 million
  • Net Margins: 2.53%
  • Return on Equity: 46.58%
  • Return on Assets: 5.69%
Debt:
  • Debt-to-Equity Ratio: 2.85%
  • Current Ratio: 1.19%
  • Quick Ratio: 0.35%
Misc:
  • Average Volume: 197,814 shs.
  • Beta: 1.45
  • Short Ratio: 10.26
 

Frequently Asked Questions for Asbury Automotive Group (NYSE:ABG)

What is Asbury Automotive Group's stock symbol?

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

How were Asbury Automotive Group's earnings last quarter?

Asbury Automotive Group Inc (NYSE:ABG) announced its quarterly earnings results on Tuesday, July, 25th. The company reported $1.58 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.67 by $0.09. The company earned $1.63 billion during the quarter, compared to analyst estimates of $1.65 billion. Asbury Automotive Group had a net margin of 2.53% and a return on equity of 46.58%. The company's revenue was up .3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.65 earnings per share. View Asbury Automotive Group's Earnings History.

When will Asbury Automotive Group make its next earnings announcement?

Asbury Automotive Group is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Asbury Automotive Group.

Where is Asbury Automotive Group's stock going? Where will Asbury Automotive Group's stock price be in 2017?

4 equities research analysts have issued 12-month target prices for Asbury Automotive Group's stock. Their forecasts range from $53.00 to $61.00. On average, they anticipate Asbury Automotive Group's stock price to reach $56.75 in the next twelve months. View Analyst Ratings for Asbury Automotive Group.

What are analysts saying about Asbury Automotive Group stock?

Here are some recent quotes from research analysts about Asbury Automotive Group stock:

  • 1. According to Zacks Investment Research, "Asbury Automotive Group is one of the largest automotive retailers in the United States. They sell, finance and service a diverse range of foreign and domestic automobile brands. " (10/17/2017)
  • 2. Jefferies Group LLC analysts commented, "Q4 adj. EPS of $1.56 beat our est. of $1.42 and consensus of $1.43 as lower SG&A to gross (69.3% vs. our 71.2% est) benefited from better-than-expected cost control and lower rent expense. Strong top-line trends saw new and used retail comps of 3% & 7% beat our est. of -3% & flat, respectively, with P&S comp of 8% in line with our est. while retail gross margin trends remained challenged by slowing demand." (2/7/2017)

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

Who are Asbury Automotive Group's key executives?

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

  • Craig T. Monaghan, Vice Chairman of the Board
  • Sean D. Goodman, Chief Financial Officer, Senior Vice President
  • David W. Hult, President, Chief Executive Officer, Director
  • George A. Villasana, Senior Vice President, General Counsel and Secretary
  • George C. Karolis, Senior Vice President - Corporate Development and Real Estate
  • William Frederick Stax, Chief Accounting Officer, Corporate Controller
  • Thomas C. DeLoach Jr., Non-Executive Independent Chairman of the Board
  • Joel Alsfine, Independent Director
  • Dennis E. Clements, Independent Director
  • Juanita T. James, Independent Director

How do I buy Asbury Automotive Group stock?

Shares of Asbury Automotive Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Asbury Automotive Group's stock price today?

One share of Asbury Automotive Group stock can currently be purchased for approximately $56.10.


MarketBeat Community Rating for Asbury Automotive Group (NYSE ABG)
Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  119 (Vote Outperform)
Underperform Votes:  226 (Vote Underperform)
Total Votes:  345
MarketBeat's community ratings are surveys of what our community members think about Asbury Automotive Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Asbury Automotive Group (NYSE:ABG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings
Consensus Rating:Hold (Score: 1.75)
Consensus Price Target: $56.75 (1.16% upside)
Consensus Price Target History for Asbury Automotive Group (NYSE:ABG)
Price Target History for Asbury Automotive Group (NYSE:ABG)
Analysts' Ratings History for Asbury Automotive Group (NYSE:ABG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/12/2017Jefferies Group LLCReiterated RatingHold$61.00N/AView Rating Details
7/26/2017Deutsche Bank AGReiterated RatingHold$60.00 -> $58.00LowView Rating Details
7/26/2017Craig HallumReiterated RatingHold$65.00 -> $55.00LowView Rating Details
6/9/2017Morgan StanleyLower Price TargetUnderweight$56.00 -> $53.00LowView Rating Details
9/13/2016Wolfe ResearchInitiated CoverageMarket PerformN/AView Rating Details
2/23/2016Buckingham ResearchUpgradeNeutral -> BuyN/AView Rating Details
2/8/2016BB&T CorporationReiterated RatingNot Applicable -> HoldN/AView Rating Details
2/6/2016Bank of America CorporationReiterated RatingBuy$104.00 -> $93.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Asbury Automotive Group (NYSE:ABG)
Earnings by Quarter for Asbury Automotive Group (NYSE:ABG)
Earnings History by Quarter for Asbury Automotive Group (NYSE ABG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$1.64N/AView Earnings Details
7/25/2017Q2 2017$1.67$1.58$1.65 billion$1.63 billionViewN/AView Earnings Details
4/27/2017Q1 2017$1.49$1.58$1.57 billion$1.55 billionViewN/AView Earnings Details
2/7/2017Q416$1.43$1.56$1.63 billion$1.70 billionViewListenView Earnings Details
10/25/2016Q316$1.61$1.52$1.69 billion$1.68 billionViewListenView Earnings Details
7/26/2016Q216$1.65$1.65$1.72 billion$1.63 billionViewListenView Earnings Details
4/26/2016Q116$1.33$1.36$1.63 billion$1.60 billionViewListenView Earnings Details
2/4/2016Q415$1.36$1.31$1.65 billion$1.60 billionViewListenView Earnings Details
10/21/2015Q315$1.42$1.43$1.66 billion$1.72 billionViewListenView Earnings Details
7/21/2015Q215$1.43$1.52$1.66 billion$1.70 billionViewListenView Earnings Details
4/21/2015Q115$1.18$1.30$1.49 billion$1.50 billionViewListenView Earnings Details
2/4/2015Q414$1.01$1.07$1.48 billion$1.50 billionViewListenView Earnings Details
10/21/2014Q314$1.08$1.08$1.51 billion$1.51 billionViewListenView Earnings Details
7/22/2014Q214$1.10$1.19$1.46 billion$1.51 billionViewListenView Earnings Details
4/23/2014Q114$0.86$1.03$1.31 billion$1.40 billionViewListenView Earnings Details
2/4/2014Q413$0.83$0.88$1.33 billion$1.40 billionViewListenView Earnings Details
10/22/2013Q313$0.87$0.91$1.33 billion$1.40 billionViewListenView Earnings Details
7/23/2013Q2 2013$0.81$0.98$1.29 billion$1.35 billionViewListenView Earnings Details
4/24/2013Q1 2013$0.67$0.77$1.19 billion$1.20 billionViewListenView Earnings Details
2/19/2013Q4 2012$0.65$0.73$1.18 billion$1.22 billionViewListenView Earnings Details
10/23/2012$0.64$0.72ViewN/AView Earnings Details
7/24/2012$0.64$0.69ViewN/AView Earnings Details
4/26/2012$0.47$0.57ViewN/AView Earnings Details
2/14/2012$0.43$0.54ViewN/AView Earnings Details
10/26/2011$0.44$0.44ViewN/AView Earnings Details
7/26/2011$0.44$0.51ViewN/AView Earnings Details
4/27/2011$0.35$0.35ViewN/AView Earnings Details
2/22/2011$0.35$0.37ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Asbury Automotive Group (NYSE:ABG)
2017 EPS Consensus Estimate: $6.25
2018 EPS Consensus Estimate: $6.40
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$1.44$1.54$1.49
Q2 20173$1.62$1.68$1.64
Q3 20173$1.54$1.63$1.59
Q4 20173$1.43$1.58$1.53
Q1 20181$1.53$1.53$1.53
Q2 20181$1.63$1.63$1.63
Q3 20181$1.63$1.63$1.63
Q4 20181$1.61$1.61$1.61
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Asbury Automotive Group (NYSE:ABG)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Asbury Automotive Group (NYSE:ABG)
Insider Ownership Percentage: 11.90%
Insider Trades by Quarter for Asbury Automotive Group (NYSE:ABG)
Institutional Ownership by Quarter for Asbury Automotive Group (NYSE:ABG)
Insider Trades by Quarter for Asbury Automotive Group (NYSE:ABG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/15/2017Dennis E ClementsDirectorSell5,000$58.66$293,300.00View SEC Filing  
8/16/2017Msd Capital L PDirectorSell104,949$51.27$5,380,735.23View SEC Filing  
8/4/2017William Frederick StaxInsiderSell495$54.25$26,853.75View SEC Filing  
6/13/2017David W HultCOOSell12,500$57.34$716,750.00View SEC Filing  
5/30/2017George KarolisSVPSell2,743$55.98$153,553.14View SEC Filing  
5/8/2017Thomas C Deloach JrDirectorSell1,676$59.20$99,219.20View SEC Filing  
2/21/2017George KarolisSVPSell2,773$69.01$191,364.73View SEC Filing  
2/16/2017Keith StyleCFOSell10,000$66.50$665,000.00View SEC Filing  
2/9/2017George A VillasanaSVPSell13,004$65.11$846,690.44View SEC Filing  
12/15/2016Craig T MonaghanCEOSell24,000$62.09$1,490,160.00View SEC Filing  
8/2/2016Craig T MonaghanCEOSell27,000$57.92$1,563,840.00View SEC Filing  
7/29/2016George A VillasanaSVPSell10,000$60.36$603,600.00View SEC Filing  
7/29/2016Keith StyleCFOSell5,000$61.11$305,550.00View SEC Filing  
7/29/2016William Frederick StaxInsiderSell500$60.88$30,440.00View SEC Filing  
5/20/2016Dennis E ClementsDirectorSell2,034$53.31$108,432.54View SEC Filing  
5/3/2016Msd Capital L PDirectorBuy100$58.12$5,812.00View SEC Filing  
4/29/2016George KarolisSVPSell1,717$60.47$103,826.99View SEC Filing  
3/14/2016Eugene S KatzDirectorSell1,000$60.57$60,570.00View SEC Filing  
2/10/2016Juanita T JamesDirectorSell2,000$48.41$96,820.00View SEC Filing  
5/19/2015Eugene S KatzDirectorSell1,500$87.03$130,545.00View SEC Filing  
5/13/2015Dennis E ClementsDirectorSell10,000$85.00$850,000.00View SEC Filing  
4/22/2015Juanita T JamesDirectorSell3,152$86.72$273,341.44View SEC Filing  
8/21/2014Craig T MonaghanCEOSell12,887$69.03$889,589.61View SEC Filing  
8/20/2014Craig T MonaghanCEOSell7,500$69.30$519,750.00View SEC Filing  
8/19/2014Craig T MonaghanCEOSell15,000$69.64$1,044,600.00View SEC Filing  
8/18/2014Craig T MonaghanCEOSell7,500$69.61$522,075.00View SEC Filing  
5/19/2014Joseph Parham, Jr.VPSell8,133$63.17$513,761.61View SEC Filing  
5/13/2014Michael KearneyCOOSell10,000$64.54$645,400.00View SEC Filing  
4/30/2014Craig MonaghanCEOSell60,000$60.27$3,616,200.00View SEC Filing  
4/25/2014Eugene KatzDirectorSell1,000$58.87$58,870.00View SEC Filing  
4/25/2014Michael KearneyCOOSell20,000$59.69$1,193,800.00View SEC Filing  
3/24/2014Joseph Parham, Jr.VPSell10,000$55.08$550,800.00View SEC Filing  
3/12/2014Michael SawickiCAOSell1,300$53.07$68,991.00View SEC Filing  
3/10/2014Scott KrenzSVPSell2,613$54.55$142,539.15View SEC Filing  
2/20/2014Scott KrenzSVPSell9,383$49.06$460,329.98View SEC Filing  
2/18/2014Juanita JamesDirectorSell1,000$49.04$49,040.00View SEC Filing  
2/7/2014Janet ClarkeDirectorSell4,000$50.20$200,800.00View SEC Filing  
12/13/2013Craig MonaghanCEOSell16,668$51.88$864,735.84View SEC Filing  
12/12/2013Philip MaritzDirectorBuy3,300$52.15$172,095.00View SEC Filing  
10/31/2013Vernon E Jordan JrDirectorSell20,918$47.73$998,416.14View SEC Filing  
9/9/2013Dennis E ClementsDirectorSell2,500$52.92$132,300.00View SEC Filing  
8/15/2013Craig MonaghanCEOSell7,500$50.08$375,600.00View SEC Filing  
8/15/2013Juanita JamesDirectorSell2,000$50.27$100,540.00View SEC Filing  
8/8/2013Msd Capital Pmajor shareholderSell50,000$51.91$2,595,500.00View SEC Filing  
7/30/2013Craig T MonaghanCEOSell11,000$47.74$525,140.00View SEC Filing  
7/25/2013Craig T MonaghanCEOSell33,672$46.80$1,575,849.60View SEC Filing  
7/25/2013Michael KearneyCOOSell20,000$46.84$936,800.00View SEC Filing  
7/11/2013Joseph G Parham JrVPSell1,571$44.68$70,192.28View SEC Filing  
7/9/2013Joseph G Parham JrVPSell1,429$43.30$61,875.70View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Asbury Automotive Group (NYSE:ABG)
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Asbury Automotive Group (ABG) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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