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) posted its quarterly earnings data on Tuesday, October, 22nd. The company reported $2.33 EPS for the quarter, topping analysts' consensus estimates of $2.32 by $0.01. The firm earned $1.84 billion during the quarter, compared to analyst estimates of $1.83 billion. Asbury Automotive Group had a net margin of 2.55% and a return on equity of 33.14%. The company's revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the business posted $2.21 EPS. View Asbury Automotive Group's Earnings History.

Asbury Automotive Group is scheduled to release their next quarterly earnings announcement on Monday, February 3rd 2020. View Earnings Estimates for Asbury Automotive Group.

Asbury Automotive Group will be holding an earnings conference call on Monday, February 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

4 brokerages have issued 12 month price targets for Asbury Automotive Group's shares. Their forecasts range from $99.00 to $125.00. On average, they anticipate Asbury Automotive Group's share price to reach $109.50 in the next twelve months. This suggests a possible upside of 9.2% 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 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Asbury Automotive Group.

News stories about ABG stock have trended positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Asbury Automotive Group earned a coverage optimism score of 2.2 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Asbury Automotive Group.

Asbury Automotive Group saw a decrease in short interest in December. As of December 31st, there was short interest totalling 1,650,000 shares, a decrease of 6.8% from the December 15th total of 1,770,000 shares. Based on an average daily volume of 186,900 shares, the days-to-cover ratio is presently 8.8 days. Currently, 8.6% of the shares of the company are sold short. View Asbury Automotive Group's Current Options Chain.

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), Methanex (MEOH), Alliance Data Systems (ADS), Sonic Automotive (SAH), AutoNation (AN), General Electric (GE), General Motors (GM) and Altria Group (MO).

Asbury Automotive Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.71%), Artemis Investment Management LLP (0.62%), Peregrine Capital Management LLC (0.47%), California Public Employees Retirement System (0.26%), James Investment Research Inc. (0.21%) and Janney Montgomery Scott LLC (0.17%). 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, 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 Artemis Investment Management LLP, Arizona State Retirement System, California Public Employees Retirement System, First Hawaiian Bank, Convergence Investment Partners LLC, Louisiana State Employees Retirement System, State of Alaska Department of Revenue and Peregrine Capital Management LLC. 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 acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., James Investment Research Inc., Calamos Advisors LLC, Strs Ohio, SG Americas Securities LLC, NewSquare Capital LLC, Sciencast Management LP and Janney Montgomery Scott 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 $100.29.

Asbury Automotive Group has a market capitalization of $1.94 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]