NYSE:ABG Asbury Automotive Group - ABG Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Asbury Automotive Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $214.18 -0.66 (-0.31%) (As of 01/30/2023 04:31 PM ET) Add Compare Share Share Today's Range$211.75▼$219.9250-Day Range$158.71▼$214.8452-Week Range$138.88▼$219.92Volume245,222 shsAverage Volume173,175 shsMarket Capitalization$4.74 billionP/E Ratio6.10Dividend YieldN/APrice Target$226.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Asbury Automotive Group MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside5.8% Upside$226.50 Price TargetShort InterestBearish10.08% of Shares Sold ShortDividend StrengthN/ASustainability-2.97Upright™ Environmental ScoreNews Sentiment0.15Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth-19.61%From $37.12 to $29.84 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.04 out of 5 starsRetail/Wholesale Sector206th out of 214 stocksAutomotive Dealers & Gasoline Service Stations Industry24th out of 24 stocks 1.0 Analyst's Opinion Consensus RatingAsbury Automotive Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $226.50, Asbury Automotive Group has a forecasted upside of 5.8% from its current price of $214.18.Amount of Analyst CoverageAsbury Automotive Group has only been the subject of 1 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted10.08% of the outstanding shares of Asbury Automotive Group have been sold short.Short Interest Ratio / Days to CoverAsbury Automotive Group has a short interest ratio ("days to cover") of 12.5, which indicates bearish sentiment.Change versus previous monthShort interest in Asbury Automotive Group has recently increased by 7.21%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAsbury Automotive Group does not currently pay a dividend.Dividend GrowthAsbury Automotive Group does not have a long track record of dividend growth. Previous Next 0.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAsbury Automotive Group has received a -96.51% net impact score from Upright. The largest negative impact of Asbury Automotive in category "GHG emissions" seems to be driven mostly by its "Physical retail of new cars at a car dealer", "Online retail of cars", and "Passenger car repair" products. See details.Environmental SustainabilityThe Environmental Impact score for Asbury Automotive Group is -2.97. Previous Next 2.3 News and Social Media Coverage News SentimentAsbury Automotive Group has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Asbury Automotive Group this week, compared to 2 articles on an average week.Search Interest3 people have searched for ABG on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Asbury Automotive Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Asbury Automotive Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.72% of the stock of Asbury Automotive Group is held by insiders. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Asbury Automotive Group are expected to decrease by -19.61% in the coming year, from $37.12 to $29.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Asbury Automotive Group is 6.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Asbury Automotive Group is 6.10, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 39.17.Price to Earnings Growth RatioAsbury Automotive Group has a PEG Ratio of 0.39. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAsbury Automotive Group has a P/B Ratio of 2.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Asbury Automotive Group (NYSE:ABG) StockAsbury Automotive Group, Inc. operates as a franchised automotive retailer. It operates through the Dealerships and Total Care Auto (TCA) segments. The Dealerships segment offers a range of automotive products and services fulfilling the entire vehicle ownership lifecycle including the sale of new and used vehicles and the provision of vehicle repair and maintenance services, replacement parts, and collision repair services. It is also involved in providing finance and insurance products. The TCA segment offers extended vehicle service contracts, prepaid maintenance contracts, vehicle theft assistance contracts, key replacement contracts, guaranteed asset protection contracts, paintless dent repair contracts, appearance protection contracts, tire and wheel, and lease wear and tear contracts. The company was founded in January 1995 and is headquartered in Duluth, GA.Read More Receive ABG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Asbury Automotive Group and its competitors with MarketBeat's FREE daily newsletter. Email Address ABG Stock News HeadlinesJanuary 30, 2023 | americanbankingnews.comAsbury Automotive Group (NYSE:ABG) Upgraded at StockNews.comJanuary 24, 2023 | seekingalpha.comABG Asbury Automotive Group, Inc.January 30, 2023 | Investing Trends (Ad)Profit From the Commercial Solar Boom?Solar energy had its best year ever in 2021, with a record 24 gigawatts of power installed. That's enough to power 18 million homes! Analysts expect the global solar farm market to reach $356 billion by 2028. The utility segment of the solar market is expected to grow at the highest annual growth rate in the industry, especially with the many tax incentives now offered. January 24, 2023 | americanbankingnews.comFY2023 EPS Estimates for Asbury Automotive Group, Inc. Decreased by Analyst (NYSE:ABG)January 23, 2023 | americanbankingnews.comAsbury Automotive Group (NYSE:ABG) Stock Rating Lowered by StockNews.comJanuary 11, 2023 | finance.yahoo.comAsbury Automotive Group Schedules Release of Fourth Quarter 2022 Financial ResultsJanuary 7, 2023 | finance.yahoo.comInvestors in Asbury Automotive Group (NYSE:ABG) have made a solid return of 145% over the past five yearsJanuary 5, 2023 | bizjournals.comFive Greensboro car dealerships, collision center sell for $60.3MJanuary 30, 2023 | Investing Trends (Ad)Profit From the Commercial Solar Boom?Solar energy had its best year ever in 2021, with a record 24 gigawatts of power installed. That's enough to power 18 million homes! Analysts expect the global solar farm market to reach $356 billion by 2028. The utility segment of the solar market is expected to grow at the highest annual growth rate in the industry, especially with the many tax incentives now offered. January 5, 2023 | finance.yahoo.comIs the Options Market Predicting a Spike in Asbury (ABG) Stock?January 4, 2023 | finance.yahoo.comFive Greensboro car dealerships, collision center sell for $60.3 millionJanuary 2, 2023 | seekingalpha.comAsbury Automotive Group: Driving Your Way To More ProfitsDecember 16, 2022 | nasdaq.comNotable Two Hundred Day Moving Average Cross - ABGNovember 10, 2022 | benzinga.comMassive Insider Trade At Asbury Automotive GroupNovember 10, 2022 | benzinga.comAsbury Automotive Group VP Trades $150K In Company StockNovember 8, 2022 | seekingalpha.comLRT Capital - Asbury Automotive: Aggressively Expanding Via Attractive AcquisitionsNovember 1, 2022 | finance.yahoo.comAsbury (ABG) Q3 Earnings Surpass Estimates, Rise 39% Y/YOctober 27, 2022 | finance.yahoo.comAsbury Automotive Group Reports Record Third Quarter 2022 Financial ResultsOctober 27, 2022 | finance.yahoo.comAsbury Automotive Group (ABG) Beats Q3 Earnings EstimatesOctober 25, 2022 | finance.yahoo.comAre Options Traders Betting on a Big Move in Asbury (ABG) Stock?October 13, 2022 | finance.yahoo.comIs It Time To Consider Buying Asbury Automotive Group, Inc. (NYSE:ABG)?October 11, 2022 | finance.yahoo.comAsbury Automotive Group Schedules Release of Third Quarter 2022 Financial ResultsOctober 11, 2022 | finance.yahoo.comWhy Asbury Automotive Group (ABG) is a Top Value Stock for the Long-TermOctober 11, 2022 | seekingalpha.comAsbury Automotive Group: Patience Is RequiredOctober 6, 2022 | msn.com5 Analysts Have This to Say About Asbury Automotive GroupSeptember 29, 2022 | finance.yahoo.comHere's Why We Think Asbury Automotive Group (NYSE:ABG) Might Deserve Your Attention TodaySeptember 15, 2022 | finance.yahoo.comDo Options Traders Know Something About Asbury Automotive Group (ABG) Stock We Don't?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ABG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Asbury Automotive Group and its competitors with MarketBeat's FREE daily newsletter. Email Address ABG Company Calendar Last Earnings10/25/2021Today1/30/2023Next Earnings (Confirmed)2/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Automotive dealers & gasoline service stations Sub-IndustryAutomotive Retail SectorRetail/Wholesale Current SymbolNYSE:ABG CUSIP04343610 CIK1144980 Webwww.asburyauto.com Phone(770) 418-8200FaxN/AEmployees14,200Year FoundedN/APrice Target and Rating Average Stock Price Forecast$226.50 High Stock Price Forecast$368.00 Low Stock Price Forecast$128.00 Forecasted Upside/Downside+5.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$35.12 Trailing P/E Ratio6.10 Forward P/E Ratio5.77 P/E Growth0.39Net Income$532.40 million Net Margins5.46% Pretax Margin7.22% Return on Equity34.33% Return on Assets10.25% Debt Debt-to-Equity Ratio1.23 Current Ratio1.56 Quick Ratio0.85 Sales & Book Value Annual Sales$9.84 billion Price / Sales0.48 Cash Flow$26.34 per share Price / Cash Flow8.13 Book Value$91.44 per share Price / Book2.34Miscellaneous Outstanding Shares22,130,000Free Float21,974,000Market Cap$4.74 billion OptionableOptionable Beta1.14 Key ExecutivesDavid W. HultPresident, Chief Executive Officer & DirectorDaniel ClaraSenior Vice President-OperationsMichael D. WelchChief Financial Officer & Senior Vice PresidentBarry CohenChief Information Officer & Vice PresidentGeorge A. VillasanaSecretary, Chief Legal Officer & Senior VPKey CompetitorsGroup 1 AutomotiveNYSE:GPIAutoNationNYSE:ANLithia MotorsNYSE:LADSonic AutomotiveNYSE:SAHPenske Automotive GroupNYSE:PAGView All CompetitorsInsiders & InstitutionsNatixis Advisors L.P.Bought 2,313 shares on 1/27/2023Ownership: 0.105%New York State Teachers Retirement SystemSold 100 shares on 1/27/2023Ownership: 0.082%Baker Tilly Wealth Management LLCSold 163 shares on 1/26/2023Ownership: 0.011%YorkBridge Wealth Partners LLCSold 149 shares on 1/26/2023Ownership: 0.008%Inspire Investing LLCSold 76 shares on 1/26/2023Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions ABG Stock - Frequently Asked Questions Should I buy or sell Asbury Automotive Group stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Asbury Automotive Group in the last twelve months. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" ABG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ABG, but not buy additional shares or sell existing shares. View ABG analyst ratings or view top-rated stocks. What is Asbury Automotive Group's stock price forecast for 2023? 3 Wall Street research analysts have issued 12 month price targets for Asbury Automotive Group's shares. Their ABG share price forecasts range from $128.00 to $368.00. On average, they expect the company's stock price to reach $226.50 in the next year. This suggests a possible upside of 4.0% from the stock's current price. View analysts price targets for ABG or view top-rated stocks among Wall Street analysts. How have ABG shares performed in 2023? Asbury Automotive Group's stock was trading at $179.25 on January 1st, 2023. Since then, ABG shares have increased by 21.5% and is now trading at $217.70. View the best growth stocks for 2023 here. Are investors shorting Asbury Automotive Group? Asbury Automotive Group saw a increase in short interest during the month of December. As of December 30th, there was short interest totaling 2,080,000 shares, an increase of 9.5% from the December 15th total of 1,900,000 shares. Based on an average trading volume of 184,500 shares, the short-interest ratio is currently 11.3 days. View Asbury Automotive Group's Short Interest. When is Asbury Automotive Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023. View our ABG earnings forecast. How can I listen to Asbury Automotive Group's earnings call? Asbury Automotive Group will be holding an earnings conference call on Thursday, February 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13735471". How were Asbury Automotive Group's earnings last quarter? Asbury Automotive Group, Inc. (NYSE:ABG) posted its earnings results on Monday, October, 25th. The company reported $7.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.36 by $1.00. The business had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.27 billion. Asbury Automotive Group had a net margin of 5.46% and a trailing twelve-month return on equity of 34.33%. Asbury Automotive Group's revenue was up 30.4% on a year-over-year basis. During the same period last year, the business earned $4.08 earnings per share. What is David Hult's approval rating as Asbury Automotive Group's CEO? 81 employees have rated Asbury Automotive Group Chief Executive Officer David Hult on Glassdoor.com. David Hult has an approval rating of 61% among the company's employees. This puts David Hult in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 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). 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 a number of retail and institutional investors. Top institutional investors include Congress Asset Management Co. MA (2.79%), Magnolia Group LLC (1.05%), Peregrine Capital Management LLC (0.30%), Phocas Financial Corp. (0.18%), Moody Aldrich Partners LLC (0.16%) and Ellsworth Advisors LLC (0.11%). Insiders that own company stock include Abrams Capital Management, LP, David W Hult, Eugene S Katz, George A Villasana, Jed Milstein, Juanita T James, Miran Maric and William Frederick Stax. View institutional ownership trends. How do I buy shares of Asbury Automotive Group? Shares of ABG stock 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. Compare Top Brokerages Here. What is Asbury Automotive Group's stock price today? One share of ABG stock can currently be purchased for approximately $217.70. How much money does Asbury Automotive Group make? Asbury Automotive Group (NYSE:ABG) has a market capitalization of $4.82 billion and generates $9.84 billion in revenue each year. The company earns $532.40 million in net income (profit) each year or $35.12 on an earnings per share basis. How many employees does Asbury Automotive Group have? The company employs 14,200 workers across the globe. How can I contact Asbury Automotive Group? Asbury Automotive Group's mailing address is 2905 PREMIERE PARKWAY NW SUITE 300, DULUTH GA, 30097. The official website for the company is www.asburyauto.com. The company can be reached via phone at (770) 418-8200 or via email at ir@asburyauto.com. This page (NYSE:ABG) was last updated on 1/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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