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, topping the consensus estimate of $1.88 by $0.33. The business earned $1.76 billion during the quarter, compared to the consensus estimate of $1.68 billion. Asbury Automotive Group had a return on equity of 37.83% and a net margin of 2.52%. Asbury Automotive Group's revenue for the quarter was up 9.7% on a year-over-year basis. During the same period in the prior year, the company earned $1.48 EPS. View Asbury Automotive Group's Earnings History.

Asbury Automotive Group is scheduled to release their next quarterly earnings announcement on Wednesday, February 6th 2019. View Earnings Estimates for Asbury Automotive Group.

Asbury Automotive Group will be holding an earnings conference call on Wednesday, February 6th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8003476311.

4 analysts have issued 12 month price objectives for Asbury Automotive Group's shares. Their predictions range from $67.00 to $81.00. On average, they expect Asbury Automotive Group's stock price to reach $73.00 in the next twelve months. This suggests a possible upside of 0.5% 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 stories about ABG stock have been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Asbury Automotive Group earned a news impact score of -1.4 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term.

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), Rush Enterprises (RUSHB), Rush Enterprises (RUSHA), Camping World (CWH), 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 a number of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.58%), Bowling Portfolio Management LLC (0.04%), Louisiana State Employees Retirement System (0.04%), Alpha Windward LLC (0.04%), State of Alaska Department of Revenue (0.03%) and First Hawaiian Bank (0.03%). 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 Bowling Portfolio Management LLC and Louisiana State Employees Retirement System. 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 bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Alpha Windward LLC, First Hawaiian Bank and State of Alaska Department of Revenue. 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 $72.63.

Asbury Automotive Group has a market capitalization of $1.42 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]