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

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

Asbury Automotive Group, Inc. (NYSE:ABG) released its quarterly earnings data on Monday, February, 3rd. The company reported $2.53 earnings per share for the quarter, topping the consensus estimate of $2.35 by $0.18. The business earned $1.89 billion during the quarter, compared to analysts' expectations of $1.87 billion. Asbury Automotive Group had a return on equity of 32.96% and a net margin of 2.56%. The business's revenue was up 6.1% on a year-over-year basis. During the same quarter last year, the business posted $2.20 EPS. View Asbury Automotive Group's Earnings History.

Asbury Automotive Group is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Asbury Automotive Group.

5 Wall Street analysts have issued 1 year target prices for Asbury Automotive Group's shares. Their forecasts range from $99.00 to $120.00. On average, they anticipate Asbury Automotive Group's share price to reach $108.00 in the next year. This suggests a possible upside of 19.9% from the stock's current price. View Analyst Price Targets for 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 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Asbury Automotive Group.

News headlines about ABG stock have been trending extremely negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Asbury Automotive Group earned a daily sentiment score of -4.2 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. 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), Methanex (MEOH), Altria Group (MO), Sonic Automotive (SAH), AutoNation (AN), General Electric (GE) and General Motors (GM).

Asbury Automotive Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.20%), Victory Capital Management Inc. (3.17%), Robeco Institutional Asset Management B.V. (3.00%), Goldman Sachs Group Inc. (2.76%), Bank of America Corp DE (1.67%) and Geode Capital Management LLC (1.37%). Company insiders that own Asbury Automotive Group stock include David W Hult, Dennis E Clements, Eugene S Katz, George A Villasana, George Karolis, Jed Milstein, 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 Victory Capital Management Inc., Victory Capital Management Inc., Goldman Sachs Group Inc., Prudential Financial Inc., Chicago Equity Partners LLC, Panagora Asset Management Inc., Artemis Investment Management LLP and UBS Group AG. Company insiders that have sold Asbury Automotive Group company stock in the last year include David W Hult, 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 acquired by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Lord Abbett & CO. LLC, Assenagon Asset Management S.A., Man Group plc, Cooper Creek Partners Management LLC, AJO LP, Great West Life Assurance Co. Can and Geode Capital Management LLC. 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 $90.08.

Asbury Automotive Group has a market capitalization of $1.74 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 8,200 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]