NYSE:ABG - Asbury Automotive Group Stock Price, News, & Analysis

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

Asbury Automotive Group, Inc. (NYSE:ABG) announced its quarterly earnings data on Tuesday, October, 23rd. The company reported $2.21 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.88 by $0.33. The business had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.68 billion. Asbury Automotive Group had a net margin of 2.52% and a return on equity of 37.83%. The company's revenue was up 9.7% on a year-over-year basis. During the same period last year, the business earned $1.48 EPS. View Asbury Automotive Group's Earnings History.

Asbury Automotive Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Asbury Automotive Group.

4 analysts have issued 12 month target prices for Asbury Automotive Group's stock. Their forecasts range from $67.00 to $81.00. On average, they expect Asbury Automotive Group's share price to reach $73.00 in the next twelve months. This suggests a possible upside of 12.2% 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 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Asbury Automotive Group.

Media headlines about ABG stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Asbury Automotive Group earned a coverage optimism score of 2.0 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days.

Some companies that are related to Asbury Automotive Group include Carvana (CVNA), Casey's General Stores (CASY), Penske Automotive Group (PAG), AutoNation (AN), Murphy USA (MUSA), Lithia Motors (LAD), Camping World (CWH), Rush Enterprises (RUSHB), Rush Enterprises (RUSHA), Group 1 Automotive (GPI), Fincera (YUANF), Sonic Automotive (SAH), America's Car-Mart (CRMT), TravelCenters of America (TA) and Lazydays (LAZY).

Asbury Automotive Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.05%), Vanguard Group Inc (10.32%), Vanguard Group Inc. (10.32%), Abrams Capital Management L.P. (8.09%), Morgan Stanley (7.20%) and Neuberger Berman Group LLC (6.01%). Company insiders that own Asbury Automotive Group stock include Craig T Monaghan, David W Hult, Dennis E Clements, George A Villasana, George Karolis, Joel Alsfine, Juanita T James, Keith Style, Msd Capital L P, 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 Burgundy Asset Management Ltd., Morgan Stanley, Man Group plc, River Road Asset Management LLC, TIAA CREF Investment Management LLC, Neuberger Berman Group LLC, Russell Investments Group Ltd. and Alliancebernstein L.P.. Company insiders that have sold Asbury Automotive Group company stock in the last year include Craig T Monaghan, George A Villasana, George Karolis, Juanita T James, Thomas C Deloach Jr, Thomas Reddin and William Frederick Stax. View Insider Buying and Selling for Asbury Automotive Group.

ABG stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Abrams Capital Management L.P., BlackRock Inc., Prudential Financial Inc., Schroder Investment Management Group, SG Americas Securities LLC, Point72 Asset Management L.P. and Vanguard Group Inc. 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, Scottrade, Fidelity and Charles Schwab.

One share of ABG stock can currently be purchased for approximately $65.09.

Asbury Automotive Group has a market capitalization of $1.25 billion and generates $6.46 billion in revenue each year. The company earns $139.10 million in net income (profit) each year or $6.43 on an earnings per share basis. Asbury Automotive Group employs 8,000 workers across the globe.

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]