Asbury Automotive Group Stock Price, News & Analysis (NYSE:ABG)

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 data on Friday, July, 26th. The company reported $2.38 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.11. The firm had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.80 billion. Asbury Automotive Group had a net margin of 2.57% and a return on equity of 35.08%. The company's revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter last year, the firm earned $2.08 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 22nd 2019. View Earnings Estimates for Asbury Automotive Group.

6 brokerages have issued 1 year target prices for Asbury Automotive Group's shares. Their forecasts range from $70.00 to $110.00. On average, they anticipate Asbury Automotive Group's share price to reach $87.40 in the next twelve months. This suggests that the stock has a possible downside of 17.5%. View Analyst Price Targets for Asbury Automotive Group.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Asbury Automotive Group in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Asbury Automotive Group.

News coverage about ABG stock has been trending somewhat negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Asbury Automotive Group earned a coverage optimism score of -1.2 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Asbury Automotive Group.

Some companies that are related to Asbury Automotive Group include O'Reilly Automotive (ORLY), AutoZone (AZO), CarMax (KMX), Advance Auto Parts (AAP), AutoNation (AN), Penske Automotive Group (PAG), Lithia Motors (LAD), Monro (MNRO), Group 1 Automotive (GPI), PROSPECT CAPITAL 6.25 NTS (PBY), Sonic Automotive (SAH) and America's Car-Mart (CRMT).

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), NVIDIA (NVDA), Alliance Data Systems (ADS), Sonic Automotive (SAH), AutoNation (AN), General Electric (GE), Visa (V), Celgene (CELG) and Comcast (CMCSA).

Asbury Automotive Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Robeco Institutional Asset Management B.V. (1.20%), Artemis Investment Management LLP (0.78%), Peregrine Capital Management LLC (0.47%), State of Alaska Department of Revenue (0.09%), First Hawaiian Bank (0.03%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%). 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, Sean D Goodman, 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 Peregrine Capital Management LLC, Artemis Investment Management LLP and First Hawaiian Bank. Company insiders that have sold Asbury Automotive Group company stock in the last year include 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 Insider Buying and Selling for Asbury Automotive Group.

ABG stock was bought by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., State of Alaska Department of Revenue and Zurcher Kantonalbank Zurich Cantonalbank . 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, Robinhood, Fidelity and Charles Schwab.

One share of ABG stock can currently be purchased for approximately $105.98.

Asbury Automotive Group has a market capitalization of $2.05 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.View Additional Information About Asbury Automotive Group.

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]