About Asbury Automotive Group (NYSE:ABG)
Asbury Automotive Group, Inc. is an automotive retailer in the United States. As of December 31, 2016, the Company owned and operated 93 new vehicle franchises, representing 28 brands of automobiles at 77 dealership locations, and 23 collision centers in the United States. In addition, as of December 31, 2016, it owned and operated two standalone used vehicle stores in Florida. Its stores offer automotive products and services, including new and used vehicles; parts and service, including vehicle repair and maintenance services, replacement parts, and collision repair services; and finance and insurance products, including arranging vehicle financing through third parties and aftermarket products, such as extended service contracts, guaranteed asset protection (GAP) insurance, prepaid maintenance, and credit life and disability insurance. Its new vehicle revenues include new vehicle sales and lease transactions arranged by dealerships with third-party financial institutions.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Auto Vehicles, Parts & Service Retailers
- Sub-Industry: Automotive Retail
- Symbol: NYSE:ABG
- CUSIP: 04343610
- Web: www.asburyauto.com
- Market Cap: $1.17 billion
- Outstanding Shares: 20,835,000
- 50 Day Moving Avg: $58.57
- 200 Day Moving Avg: $56.65
- 52 Week Range: $47.50 - $71.00
Sales & Book Value:
- Trailing P/E Ratio: 7.27
- Foreward P/E Ratio: 8.68
- P/E Growth: 0.73
- Annual Revenue: $6.53 billion
- Price / Sales: 0.18
- Book Value: $15.22 per share
- Price / Book: 3.69
- EBITDA: $326.1 million
- Net Margins: 2.53%
- Return on Equity: 46.58%
- Return on Assets: 5.69%
- Debt-to-Equity Ratio: 2.85%
- Current Ratio: 1.19%
- Quick Ratio: 0.35%
- Average Volume: 197,814 shs.
- Beta: 1.45
- Short Ratio: 10.26
Frequently Asked Questions for Asbury Automotive Group (NYSE:ABG)
What is Asbury Automotive Group's stock symbol?
Asbury Automotive Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ABG."
How were Asbury Automotive Group's earnings last quarter?
Asbury Automotive Group Inc (NYSE:ABG) announced its quarterly earnings results on Tuesday, July, 25th. The company reported $1.58 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.67 by $0.09. The company earned $1.63 billion during the quarter, compared to analyst estimates of $1.65 billion. Asbury Automotive Group had a net margin of 2.53% and a return on equity of 46.58%. The company's revenue was up .3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.65 earnings per share. View Asbury Automotive Group's Earnings History.
When will Asbury Automotive Group make its next earnings announcement?
Where is Asbury Automotive Group's stock going? Where will Asbury Automotive Group's stock price be in 2017?
4 equities research analysts have issued 12-month target prices for Asbury Automotive Group's stock. Their forecasts range from $53.00 to $61.00. On average, they anticipate Asbury Automotive Group's stock price to reach $56.75 in the next twelve months. View Analyst Ratings for Asbury Automotive Group.
What are analysts saying about Asbury Automotive Group stock?
Here are some recent quotes from research analysts about Asbury Automotive Group stock:
- 1. According to Zacks Investment Research, "Asbury Automotive Group is one of the largest automotive retailers in the United States. They sell, finance and service a diverse range of foreign and domestic automobile brands. " (10/17/2017)
- 2. Jefferies Group LLC analysts commented, "Q4 adj. EPS of $1.56 beat our est. of $1.42 and consensus of $1.43 as lower SG&A to gross (69.3% vs. our 71.2% est) benefited from better-than-expected cost control and lower rent expense. Strong top-line trends saw new and used retail comps of 3% & 7% beat our est. of -3% & flat, respectively, with P&S comp of 8% in line with our est. while retail gross margin trends remained challenged by slowing demand." (2/7/2017)
Who are some of Asbury Automotive Group's key competitors?
Some companies that are related to Asbury Automotive Group include Sally Beauty Holdings (SBH), Arcos Dorados Holdings (ARCO), Big Lots (BIG), Gamestop Corporation (GME), HSN (HSNI), Builders FirstSource (BLDR), Dave & Buster's Entertainment (PLAY), Li Ning (LNNGY), Travelport Worldwide Limited (TVPT), Office Depot (ODP), Rush Enterprises (RUSHA), Rite Aid Corporation (RAD), Bloomin' Brands (BLMN), Children's Place, Inc. (The) (PLCE), Restoration Hardware Holdings (RH), DSW (DSW), Insight Enterprises (NSIT) and Dillard's (DDS).
Who are Asbury Automotive Group's key executives?
Asbury Automotive Group's management team includes the folowing people:
- Craig T. Monaghan, Vice Chairman of the Board
- Sean D. Goodman, Chief Financial Officer, Senior Vice President
- David W. Hult, President, Chief Executive Officer, Director
- George A. Villasana, Senior Vice President, General Counsel and Secretary
- George C. Karolis, Senior Vice President - Corporate Development and Real Estate
- William Frederick Stax, Chief Accounting Officer, Corporate Controller
- Thomas C. DeLoach Jr., Non-Executive Independent Chairman of the Board
- Joel Alsfine, Independent Director
- Dennis E. Clements, Independent Director
- Juanita T. James, Independent Director
How do I buy Asbury Automotive Group stock?
Shares of Asbury Automotive Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Asbury Automotive Group's stock price today?
MarketBeat Community Rating for Asbury Automotive Group (NYSE ABG)MarketBeat's community ratings are surveys of what our community members think about Asbury Automotive Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Asbury Automotive Group stock can currently be purchased for approximately $56.10.
Consensus Ratings for Asbury Automotive Group (NYSE:ABG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 3 Hold Ratings|
|Consensus Rating:||Hold (Score: 1.75)|
|Consensus Price Target: ||$56.75 (1.16% upside)|Consensus Price Target History for Asbury Automotive Group (NYSE:ABG)
Analysts' Ratings History for Asbury Automotive Group (NYSE:ABG)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/12/2017||Jefferies Group LLC||Reiterated Rating||Hold||$61.00||N/A|
|7/26/2017||Deutsche Bank AG||Reiterated Rating||Hold||$60.00 -> $58.00||Low|
|7/26/2017||Craig Hallum||Reiterated Rating||Hold||$65.00 -> $55.00||Low|
|6/9/2017||Morgan Stanley||Lower Price Target||Underweight||$56.00 -> $53.00||Low|
|9/13/2016||Wolfe Research||Initiated Coverage||Market Perform||N/A|
|2/23/2016||Buckingham Research||Upgrade||Neutral -> Buy||N/A|
|2/8/2016||BB&T Corporation||Reiterated Rating||Not Applicable -> Hold||N/A|
|2/6/2016||Bank of America Corporation||Reiterated Rating||Buy||$104.00 -> $93.00||N/A|
Earnings History for Asbury Automotive Group (NYSE:ABG)Earnings History by Quarter for Asbury Automotive Group (NYSE ABG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/25/2017||Q2 2017||$1.67||$1.58||$1.65 billion||$1.63 billion||View||N/A|
|4/27/2017||Q1 2017||$1.49||$1.58||$1.57 billion||$1.55 billion||View||N/A|
|2/7/2017||Q416||$1.43||$1.56||$1.63 billion||$1.70 billion||View||Listen|
|10/25/2016||Q316||$1.61||$1.52||$1.69 billion||$1.68 billion||View||Listen|
|7/26/2016||Q216||$1.65||$1.65||$1.72 billion||$1.63 billion||View||Listen|
|4/26/2016||Q116||$1.33||$1.36||$1.63 billion||$1.60 billion||View||Listen|
|2/4/2016||Q415||$1.36||$1.31||$1.65 billion||$1.60 billion||View||Listen|
|10/21/2015||Q315||$1.42||$1.43||$1.66 billion||$1.72 billion||View||Listen|
|7/21/2015||Q215||$1.43||$1.52||$1.66 billion||$1.70 billion||View||Listen|
|4/21/2015||Q115||$1.18||$1.30||$1.49 billion||$1.50 billion||View||Listen|
|2/4/2015||Q414||$1.01||$1.07||$1.48 billion||$1.50 billion||View||Listen|
|10/21/2014||Q314||$1.08||$1.08||$1.51 billion||$1.51 billion||View||Listen|
|7/22/2014||Q214||$1.10||$1.19||$1.46 billion||$1.51 billion||View||Listen|
|4/23/2014||Q114||$0.86||$1.03||$1.31 billion||$1.40 billion||View||Listen|
|2/4/2014||Q413||$0.83||$0.88||$1.33 billion||$1.40 billion||View||Listen|
|10/22/2013||Q313||$0.87||$0.91||$1.33 billion||$1.40 billion||View||Listen|
|7/23/2013||Q2 2013||$0.81||$0.98||$1.29 billion||$1.35 billion||View||Listen|
|4/24/2013||Q1 2013||$0.67||$0.77||$1.19 billion||$1.20 billion||View||Listen|
|2/19/2013||Q4 2012||$0.65||$0.73||$1.18 billion||$1.22 billion||View||Listen|
Earnings Estimates for Asbury Automotive Group (NYSE:ABG)
2017 EPS Consensus Estimate: $6.25
2018 EPS Consensus Estimate: $6.40
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Asbury Automotive Group (NYSE:ABG)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Asbury Automotive Group (NYSE:ABG)
Insider Ownership Percentage: 11.90%Insider Trades by Quarter for Asbury Automotive Group (NYSE:ABG)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/15/2017||Dennis E Clements||Director||Sell||5,000||$58.66||$293,300.00|| |
|8/16/2017||Msd Capital L P||Director||Sell||104,949||$51.27||$5,380,735.23|| |
|8/4/2017||William Frederick Stax||Insider||Sell||495||$54.25||$26,853.75|| |
|6/13/2017||David W Hult||COO||Sell||12,500||$57.34||$716,750.00|| |
|5/30/2017||George Karolis||SVP||Sell||2,743||$55.98||$153,553.14|| |
|5/8/2017||Thomas C Deloach Jr||Director||Sell||1,676||$59.20||$99,219.20|| |
|2/21/2017||George Karolis||SVP||Sell||2,773||$69.01||$191,364.73|| |
|2/16/2017||Keith Style||CFO||Sell||10,000||$66.50||$665,000.00|| |
|2/9/2017||George A Villasana||SVP||Sell||13,004||$65.11||$846,690.44|| |
|12/15/2016||Craig T Monaghan||CEO||Sell||24,000||$62.09||$1,490,160.00|| |
|8/2/2016||Craig T Monaghan||CEO||Sell||27,000||$57.92||$1,563,840.00|| |
|7/29/2016||George A Villasana||SVP||Sell||10,000||$60.36||$603,600.00|| |
|7/29/2016||Keith Style||CFO||Sell||5,000||$61.11||$305,550.00|| |
|7/29/2016||William Frederick Stax||Insider||Sell||500||$60.88||$30,440.00|| |
|5/20/2016||Dennis E Clements||Director||Sell||2,034||$53.31||$108,432.54|| |
|5/3/2016||Msd Capital L P||Director||Buy||100||$58.12||$5,812.00|| |
|4/29/2016||George Karolis||SVP||Sell||1,717||$60.47||$103,826.99|| |
|3/14/2016||Eugene S Katz||Director||Sell||1,000||$60.57||$60,570.00|| |
|2/10/2016||Juanita T James||Director||Sell||2,000||$48.41||$96,820.00|| |
|5/19/2015||Eugene S Katz||Director||Sell||1,500||$87.03||$130,545.00|| |
|5/13/2015||Dennis E Clements||Director||Sell||10,000||$85.00||$850,000.00|| |
|4/22/2015||Juanita T James||Director||Sell||3,152||$86.72||$273,341.44|| |
|8/21/2014||Craig T Monaghan||CEO||Sell||12,887||$69.03||$889,589.61|| |
|8/20/2014||Craig T Monaghan||CEO||Sell||7,500||$69.30||$519,750.00|| |
|8/19/2014||Craig T Monaghan||CEO||Sell||15,000||$69.64||$1,044,600.00|| |
|8/18/2014||Craig T Monaghan||CEO||Sell||7,500||$69.61||$522,075.00|| |
|5/19/2014||Joseph Parham, Jr.||VP||Sell||8,133||$63.17||$513,761.61|| |
|5/13/2014||Michael Kearney||COO||Sell||10,000||$64.54||$645,400.00|| |
|4/30/2014||Craig Monaghan||CEO||Sell||60,000||$60.27||$3,616,200.00|| |
|4/25/2014||Eugene Katz||Director||Sell||1,000||$58.87||$58,870.00|| |
|4/25/2014||Michael Kearney||COO||Sell||20,000||$59.69||$1,193,800.00|| |
|3/24/2014||Joseph Parham, Jr.||VP||Sell||10,000||$55.08||$550,800.00|| |
|3/12/2014||Michael Sawicki||CAO||Sell||1,300||$53.07||$68,991.00|| |
|3/10/2014||Scott Krenz||SVP||Sell||2,613||$54.55||$142,539.15|| |
|2/20/2014||Scott Krenz||SVP||Sell||9,383||$49.06||$460,329.98|| |
|2/18/2014||Juanita James||Director||Sell||1,000||$49.04||$49,040.00|| |
|2/7/2014||Janet Clarke||Director||Sell||4,000||$50.20||$200,800.00|| |
|12/13/2013||Craig Monaghan||CEO||Sell||16,668||$51.88||$864,735.84|| |
|12/12/2013||Philip Maritz||Director||Buy||3,300||$52.15||$172,095.00|| |
|10/31/2013||Vernon E Jordan Jr||Director||Sell||20,918||$47.73||$998,416.14|| |
|9/9/2013||Dennis E Clements||Director||Sell||2,500||$52.92||$132,300.00|| |
|8/15/2013||Craig Monaghan||CEO||Sell||7,500||$50.08||$375,600.00|| |
|8/15/2013||Juanita James||Director||Sell||2,000||$50.27||$100,540.00|| |
|8/8/2013||Msd Capital P||major shareholder||Sell||50,000||$51.91||$2,595,500.00|| |
|7/30/2013||Craig T Monaghan||CEO||Sell||11,000||$47.74||$525,140.00|| |
|7/25/2013||Craig T Monaghan||CEO||Sell||33,672||$46.80||$1,575,849.60|| |
|7/25/2013||Michael Kearney||COO||Sell||20,000||$46.84||$936,800.00|| |
|7/11/2013||Joseph G Parham Jr||VP||Sell||1,571||$44.68||$70,192.28|| |
|7/9/2013||Joseph G Parham Jr||VP||Sell||1,429||$43.30||$61,875.70|| |
Headline Trends for Asbury Automotive Group (NYSE:ABG)
Latest Headlines for Asbury Automotive Group (NYSE:ABG)
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Asbury Automotive Group (ABG) Chart for Monday, October, 23, 2017