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 Wednesday, February, 6th. The company reported $2.20 EPS for the quarter, beating the Zacks' consensus estimate of $2.07 by $0.13. The company earned $1.78 billion during the quarter, compared to the consensus estimate of $1.73 billion. Asbury Automotive Group had a return on equity of 37.38% and a net margin of 2.44%. Asbury Automotive Group's revenue was up 6.8% on a year-over-year basis. During the same period last year, the business posted $1.81 earnings per share. View Asbury Automotive Group's Earnings History.

Asbury Automotive Group is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for Asbury Automotive Group.

Asbury Automotive Group will be holding an earnings conference call on Tuesday, April 23rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8882543590.

4 brokers have issued twelve-month price objectives for Asbury Automotive Group's stock. Their forecasts range from $70.00 to $82.00. On average, they anticipate Asbury Automotive Group's stock price to reach $76.75 in the next year. This suggests a possible upside of 1.5% from the stock's current price. 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 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Asbury Automotive Group.

News stories about ABG stock have been trending positive on Friday, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Asbury Automotive Group earned a news impact score of 3.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.

Some companies that are related to Asbury Automotive Group include Casey's General Stores (CASY), Penske Automotive Group (PAG), AutoNation (AN), Murphy USA (MUSA), Lithia Motors (LAD), Rush Enterprises (RUSHA), Rush Enterprises (RUSHB), Group 1 Automotive (GPI), Camping World (CWH), Fincera (YUANF), Sonic Automotive (SAH), America's Car-Mart (CRMT), TravelCenters of America (TA), Lazydays (LAZY) and Lentuo International (LASLY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Asbury Automotive Group investors own include NVIDIA (NVDA), General Electric (GE), Group 1 Automotive (GPI), AutoNation (AN), Celgene (CELG), Methanex (MEOH), Micron Technology (MU), Alliance Data Systems (ADS), Artisan Partners Asset Management (APAM) and Advanced Micro Devices (AMD).

Asbury Automotive Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include First Manhattan Co. (0.85%), Peregrine Capital Management LLC (0.58%), State of Alaska Department of Revenue (0.06%), First Hawaiian Bank (0.04%), Alpha Windward LLC (0.03%) and 6 Meridian (0.02%). 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, 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 First Manhattan Co., Peregrine Capital Management LLC and Alpha Windward LLC. Company insiders that have sold Asbury Automotive Group company stock in the last year include Dennis E Clements, Eugene S Katz, George A Villasana, Jed Milstein, Juanita T James, Thomas C Deloach Jr and William Frederick Stax. View Insider Buying and Selling for Asbury Automotive Group.

ABG stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, 6 Meridian, Denali Advisors LLC and First Hawaiian Bank. 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 $75.65.

Asbury Automotive Group has a market capitalization of $1.48 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.

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]