NYSE:ABGAsbury Automotive Group Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Asbury Automotive Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $72.28 -3.93 (-5.16 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$72.07Now: $72.28▼$75.2150-Day Range$52.00MA: $63.88▼$79.0852-Week Range$39.36Now: $72.28▼$123.44Volume210,985 shsAverage Volume238,367 shsMarket Capitalization$1.39 billionP/E Ratio8.56Dividend YieldN/ABeta1.59 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Asbury Automotive Group, Inc., together with its subsidiaries, operates as an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services. The company also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection insurance, prepaid maintenance, and credit life and disability insurance. As of December 31, 2018, the company owned and operated 97 new vehicle franchises representing 29 brands of automobiles at 83 dealership locations; and 25 collision centers in the United States. Asbury Automotive Group, Inc. was founded in 2002 and is headquartered in Duluth, Georgia.Read More Beat the Market (BTM) Rank™ 2.2 Analyst's Opinion Consensus RatingAsbury Automotive Group has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $84.80, Asbury Automotive Group has a potential upside of 17.3% from its current price of $72.28.Amount of Analyst CoverageAsbury Automotive Group has only been the subject of 4 research reports in the past 90 days. Previous Next 1.9 Community Rank Outperform VotesAsbury Automotive Group has received 286 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAsbury Automotive Group has received 466 “underperform” votes. (Add your “underperform” vote.)Community SentimentAsbury Automotive Group has received 61.97% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Asbury Automotive Group and other stocks. Vote “Outperform” if you believe ABG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ABG will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldAsbury Automotive Group does not currently pay a dividend.Dividend GrowthAsbury Automotive Group does not have a long track record of dividend growth. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Asbury Automotive Group insiders have bought 1,812.71% more of their company's stock than they have sold. Specifically, they have bought $4,901,193.00 in company stock and sold $256,243.00 in company stock.Percentage Held by InsidersOnly 1.01% of the stock of Asbury Automotive Group is held by insiders. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Asbury Automotive Group are expected to grow by 49.10% in the coming year, from $5.54 to $8.26 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Asbury Automotive Group is 8.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Asbury Automotive Group is 8.56, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 41.20.Price to Earnings Growth RatioAsbury Automotive Group has a PEG Ratio of 0.71. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAsbury Automotive Group has a P/B Ratio of 2.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.2Community Rank: 1.9Dividend Strength: 0.0Insider Behavior: 3.0Valuation: 4.4 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.30 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Automotive dealers & gasoline service stations Sub-IndustryAutomotive Retail SectorRetail/Wholesale Current SymbolNYSE:ABG Previous Symbol CUSIP04343610 CIK1144980 Webwww.asburyauto.com Phone770-418-8200Debt Debt-to-Equity Ratio1.76 Current Ratio1.48 Quick Ratio0.59Price-To-Earnings Trailing P/E Ratio8.56 Forward P/E Ratio13.05 P/E Growth0.71 Sales & Book Value Annual Sales$7.21 billion Price / Sales0.19 Cash Flow$12.53 per share Price / Cash Flow5.77 Book Value$34.28 per share Price / Book2.11Profitability EPS (Most Recent Fiscal Year)$9.46 Net Income$184.40 million Net Margins2.28% Return on Equity28.33% Return on Assets6.01%Miscellaneous Employees8,500 Outstanding Shares19,280,000Market Cap$1.39 billion Next Earnings Date7/24/2020 (Estimated) OptionableOptionable ABG Rates by TradingView Receive ABG News and Ratings via Email Sign-up to receive the latest news and ratings for ABG and its competitors with MarketBeat's FREE daily newsletter. Asbury Automotive Group (NYSE:ABG) Frequently Asked Questions How has Asbury Automotive Group's stock been impacted by COVID-19 (Coronavirus)? 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 stock has decreased by 0.2% and is now trading at $72.28. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Asbury Automotive Group? 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. When is Asbury Automotive Group's next earnings date? 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. How were Asbury Automotive Group's earnings last quarter? Asbury Automotive Group, Inc. (NYSE:ABG) announced its quarterly earnings data on Tuesday, May, 5th. The company reported $1.80 EPS for the quarter, topping analysts' consensus estimates of $1.67 by $0.13. The company had revenue of $1.61 billion for the quarter, compared to analysts' expectations of $1.57 billion. Asbury Automotive Group had a net margin of 2.28% and a return on equity of 28.33%. Asbury Automotive Group's revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.20 EPS. View Asbury Automotive Group's earnings history. What price target have analysts set for ABG? 5 analysts have issued 1 year price targets for Asbury Automotive Group's shares. Their forecasts range from $68.00 to $120.00. On average, they expect Asbury Automotive Group's stock price to reach $84.80 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price. View analysts' price targets for Asbury Automotive Group. Has Asbury Automotive Group been receiving favorable news coverage? News headlines about ABG stock have been trending very negative on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring 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 -3.7 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutAsbury Automotive Group. Are investors shorting Asbury Automotive Group? Asbury Automotive Group saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 2,370,000 shares, an increase of 17.3% from the April 15th total of 2,020,000 shares. Based on an average daily volume of 293,700 shares, the short-interest ratio is presently 8.1 days. Currently, 12.4% of the shares of the company are sold short. View Asbury Automotive Group's Current Options Chain. Who are some of Asbury Automotive Group's key competitors? 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), PROSPECT CAPITAL 6.25 NTS (PBY), Sonic Automotive (SAH), Group 1 Automotive (GPI) and America's Car-Mart (CRMT). View all competitors. What other stocks do shareholders of Asbury Automotive Group own? 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). Who are Asbury Automotive Group's key executives? Asbury Automotive Group's management team includes the following people: Mr. David W. Hult, Pres, CEO & Director (Age 53)Mr. Sean D. Goodman, Sr. VP & CFO (Age 54)Mr. John Sirel Hartman, Sr. VP of Operations (Age 56)Mr. George A. Villasana, Sr. VP, Gen. Counsel & Sec. (Age 51)Mr. Jed Milstein, Sr. VP & Chief HR Officer (Age 50) What is Asbury Automotive Group's stock symbol? Asbury Automotive Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ABG." Who are Asbury Automotive Group's major shareholders? Asbury Automotive Group's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (16.79%), Abrams Capital Management L.P. (10.99%), Eminence Capital LP (4.29%), Morgan Stanley (3.86%), Morgan Stanley (3.86%) and State Street Corp (3.54%). 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. Which major investors are selling Asbury Automotive Group stock? ABG stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., BlackRock Inc., Deutsche Bank AG, Robeco Institutional Asset Management B.V., Assenagon Asset Management S.A., AJO LP, and Federated Hermes Inc.. Company insiders that have sold Asbury Automotive Group company stock in the last year include Eugene S Katz, Jed Milstein, Juanita T James, Thomas C Deloach Jr, and William Frederick Stax. View insider buying and selling activity for Asbury Automotive Group. Which major investors are buying Asbury Automotive Group stock? ABG stock was acquired by a variety of institutional investors in the last quarter, including Eminence Capital LP, Morgan Stanley, Morgan Stanley, Abrams Capital Management L.P., Schroder Investment Management Group, Mesirow Financial Investment Management Equity Management, State Street Corp, and Healthcare of Ontario Pension Plan Trust Fund. View insider buying and selling activity for Asbury Automotive Group. How do I buy shares of 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. What is Asbury Automotive Group's stock price today? One share of ABG stock can currently be purchased for approximately $72.28. How big of a company is Asbury Automotive Group? Asbury Automotive Group has a market capitalization of $1.39 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. What is Asbury Automotive Group's official website? The official website for Asbury Automotive Group is www.asburyauto.com. How can I contact Asbury Automotive Group? 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] This page was last updated on 5/31/2020 by MarketBeat.com Staff
