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NYSE:ABG

Asbury Automotive Group Stock Forecast, Price & News

$118.33
-2.49 (-2.06 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$117.94
Now: $118.33
$120.75
50-Day Range
$102.98
MA: $116.32
$127.18
52-Week Range
$39.36
Now: $118.33
$129.78
Volume60,001 shs
Average Volume182,011 shs
Market Capitalization$2.28 billion
P/E Ratio10.96
Dividend YieldN/A
Beta1.8
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 debt cancellation, prepaid maintenance, and credit life and disability insurance. As of December 31, 2019, the company owned and operated 107 new vehicle franchises representing 31 brands of automobiles at 88 dealership locations; and 25 collision centers in the United States. Asbury Automotive Group, Inc. was founded in 1996 and is headquartered in Duluth, Georgia.
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Asbury Automotive Group logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.2Community Rank: 1.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.70 out of 5 stars


Industry, Sector and Symbol

Industry Automotive dealers & gasoline service stations
Sub-IndustryAutomotive Retail
CUSIP04343610
Phone770-418-8200
Employees8,500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.21 billion
Cash Flow$12.26 per share
Book Value$42.10 per share

Profitability

Net Income$184.40 million

Miscellaneous

Market Cap$2.28 billion
Next Earnings Date2/1/2021 (Estimated)
OptionableOptionable
$118.33
-2.49 (-2.06 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Asbury Automotive Group (NYSE:ABG) Frequently Asked Questions

How has Asbury Automotive Group's stock been impacted by Coronavirus (COVID-19)?

Asbury Automotive Group's stock was trading at $72.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ABG shares have increased by 63.4% and is now trading at $118.33.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Asbury Automotive Group?

6 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Asbury Automotive Group
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Asbury Automotive Group?

Wall Street analysts have given Asbury Automotive Group a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Asbury Automotive Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Asbury Automotive Group's next earnings date?

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
.

How were Asbury Automotive Group's earnings last quarter?

Asbury Automotive Group, Inc. (NYSE:ABG) posted its quarterly earnings data on Sunday, November, 1st. The company reported $4.08 earnings per share for the quarter, beating the consensus estimate of $3.91 by $0.17. The company had revenue of $1.85 billion for the quarter, compared to analysts' expectations of $1.89 billion. Asbury Automotive Group had a net margin of 3.08% and a return on equity of 29.87%. The business's revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.33 EPS.
View Asbury Automotive Group's earnings history
.

What guidance has Asbury Automotive Group issued on next quarter's earnings?

Asbury Automotive Group updated its third quarter 2020 Pre-Market earnings guidance on Wednesday, October, 14th. The company provided earnings per share guidance of 4.00-4.08 for the period, compared to the Thomson Reuters consensus estimate of $3.26.

What price target have analysts set for ABG?

6 equities research analysts have issued 1-year target prices for Asbury Automotive Group's stock. Their forecasts range from $76.00 to $166.00. On average, they expect Asbury Automotive Group's share price to reach $116.29 in the next twelve months. This suggests that the stock has a possible downside of 1.7%.
View analysts' price targets for Asbury Automotive Group
.

Who are some of Asbury Automotive Group's key 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 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).

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 54, Pay $2.71M)
  • Mr. William Frederick Stax, VP, Corp. Controller & Chief Accounting Officer (Age 48, Pay $337.59k)
  • Mr. George A. Villasana, Sr. VP, Gen. Counsel & Sec. (Age 52, Pay $1.16M)
  • Mr. Jed M. Milstein, Sr. VP & Chief HR Officer (Age 51, Pay $961.93k)
  • Mr. Patrick J. Guido, Sr. VP & CFO (Age 47)
  • Mr. Daniel Clara, Sr. VP of Operations (Age 40)
  • Mr. Barry Cohen, Chief Information Officer & VP
  • Ms. Barbara Jesup, Chief Audit & Risk Exec.
  • Mr. Matthew Pettoni, VP of Fin. & Treasurer

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 shareholders include BlackRock Inc. (15.39%), State Street Corp (3.37%), Victory Capital Management Inc. (3.24%), Impactive Capital LP (3.09%), Morgan Stanley (2.40%) and Simcoe Capital Management LLC (1.82%). 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 institutional investors are selling Asbury Automotive Group stock?

ABG stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., BlackRock Inc., Victory Capital Management Inc., Federated Hermes Inc., Dalton Greiner Hartman Maher & Co., WINTON GROUP Ltd, Morgan Stanley, and State Street Corp. 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.
View insider buying and selling activity for Asbury Automotive Group
.

Which institutional investors are buying Asbury Automotive Group stock?

ABG stock was purchased by a variety of institutional investors in the last quarter, including Simcoe Capital Management LLC, JPMorgan Chase & Co., AJO LP, Steel Canyon Capital LLC, Allianz Asset Management GmbH, BNP Paribas Arbitrage SA, Peregrine Capital Management LLC, and Chartwell Investment Partners LLC.
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 $118.33.

How big of a company is Asbury Automotive Group?

Asbury Automotive Group has a market capitalization of $2.28 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 11/29/2020 by MarketBeat.com Staff

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