Asbury Automotive Group Stock Forecast, Price & News

4 Wall Street equities research 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 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Asbury Automotive Group stock. 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 analyst ratings for Asbury Automotive Group or view top-rated stocks.

4 equities research analysts have issued 1-year target prices for Asbury Automotive Group's stock. Their ABG stock forecasts range from $152.00 to $250.00. On average, they predict Asbury Automotive Group's share price to reach $206.75 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price.
View analysts' price targets for Asbury Automotive Group or view top-rated stocks among Wall Street analysts.

Asbury Automotive Group's stock was trading at $172.73 at the start of the year. Since then, ABG stock has increased by 2.9% and is now trading at $177.79.
View the best growth stocks for 2022 here.

Asbury Automotive Group is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
View our earnings forecast for Asbury Automotive Group.

Asbury Automotive Group, Inc. (NYSE:ABG) released its earnings results on Thursday, April, 28th. The company reported $9.27 earnings per share for the quarter, topping the consensus estimate of $8.92 by $0.35. The company had revenue of $3.91 billion for the quarter, compared to analysts' expectations of $3.91 billion. Asbury Automotive Group had a trailing twelve-month return on equity of 39.72% and a net margin of 5.86%. The firm's revenue for the quarter was up 78.4% on a year-over-year basis. During the same period last year, the firm posted $4.68 earnings per share.
View Asbury Automotive Group's earnings history.

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.

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), Penske Automotive Group (PAG), AutoNation (AN), Group 1 Automotive (GPI), Monro (MNRO), Sonic Automotive (SAH) 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."

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.
Compare Top Brokerages Here.

One share of ABG stock can currently be purchased for approximately $177.79.

Asbury Automotive Group (NYSE:ABG) has a market capitalization of $3.93 billion and generates $9.84 billion in revenue each year. The company earns $532.40 million in net income (profit) each year or $32.16 on an earnings per share basis.

Asbury Automotive Group employs 14,200 workers across the globe.

Asbury Automotive Group's mailing address is 2905 PREMIERE PARKWAY NW SUITE 300, DULUTH GA, 30097. The official website for Asbury Automotive Group is www.asburyauto.com. The company can be reached via phone at (770) 418-8200 or via email at ir@asburyauto.com.