Asbury Automotive Group Stock Forecast, Price & News

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 increased by 115.8% and is now trading at $156.26.
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6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Asbury Automotive Group in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Asbury Automotive Group stock.
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81 employees have rated Asbury Automotive Group CEO David Hult on Glassdoor.com. David Hult has an approval rating of 61% among Asbury Automotive Group's employees. This puts David Hult in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Asbury Automotive Group is scheduled to release its next quarterly earnings announcement on Monday, February 1st 2021.
View our earnings forecast for Asbury Automotive Group.

Asbury Automotive Group, Inc. (NYSE:ABG) announced its quarterly earnings results on Sunday, November, 1st. The company reported $4.08 earnings per share for the quarter, topping the consensus estimate of $3.91 by $0.17. The business earned $1.85 billion during the quarter, compared to analysts' expectations of $1.89 billion. Asbury Automotive Group had a trailing twelve-month return on equity of 29.87% and a net margin of 3.08%. Asbury Automotive Group's revenue was up .2% compared to the same quarter last year. During the same period last year, the business earned $2.33 earnings per share.
View Asbury Automotive Group's earnings history.

6 analysts have issued twelve-month target prices for Asbury Automotive Group's stock. Their forecasts range from $100.00 to $180.00. On average, they anticipate Asbury Automotive Group's stock price to reach $149.14 in the next twelve months. This suggests that the stock has a possible downside of 4.6%.
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Some companies that are related to Asbury Automotive Group include O'Reilly Automotive (ORLY), AutoZone (AZO), CarMax (KMX), Advance Auto Parts (AAP), Lithia Motors (LAD), AutoNation (AN), Penske Automotive Group (PAG), Group 1 Automotive (GPI), Monro (MNRO), Sonic Automotive (SAH), Prospect Capital (PBY) and America's Car-Mart (CRMT).
View all of ABG's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Asbury Automotive Group investors own include NVIDIA (NVDA), AbbVie (ABBV), Intel (INTC), Lithia Motors (LAD), General Motors (GM), Group 1 Automotive (GPI), Bristol-Myers Squibb (BMY), Micron Technology (MU), AutoNation (AN) and Broadcom (AVGO).

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

Asbury Automotive Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (0.96%), Dalton Greiner Hartman Maher & Co. (0.24%), Janney Montgomery Scott LLC (0.15%), State of Alaska Department of Revenue (0.08%), Pacer Advisors Inc. (0.04%) and First Hawaiian Bank (0.03%). 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.

ABG stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Strs Ohio, State of Alaska Department of Revenue, IFP Advisors Inc, and First Hawaiian Bank. Company insiders that have sold Asbury Automotive Group company stock in the last year include Eugene S Katz, Jed Milstein, Juanita T James, and William Frederick Stax.
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ABG stock was purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Capital Investment Advisory Services LLC, Janney Montgomery Scott LLC, Crossmark Global Holdings Inc., Pacer Advisors Inc., Sawgrass Asset Management LLC, and Nisa Investment Advisors LLC.
View insider buying and selling activity for Asbury Automotive Group or or view top insider-buying stocks.

Shares of ABG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ABG stock can currently be purchased for approximately $156.26.

Asbury Automotive Group has a market capitalization of $3.01 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.

The official website for Asbury Automotive Group is 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]