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) issued its quarterly earnings results on Wednesday, February, 6th. The company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.07 by $0.13. The business had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.73 billion. Asbury Automotive Group had a return on equity of 37.38% and a net margin of 2.44%. The firm's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.81 earnings per share. View Asbury Automotive Group's Earnings History.

Asbury Automotive Group is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for Asbury Automotive Group.

Asbury Automotive Group will be holding an earnings conference call on Tuesday, April 23rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8882543590.

4 brokers have issued 1-year price targets for Asbury Automotive Group's stock. Their predictions range from $70.00 to $82.00. On average, they expect Asbury Automotive Group's share price to reach $76.75 in the next year. This suggests a possible upside of 1.5% 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 headlines about ABG stock have trended positive recently, according to InfoTrie. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Asbury Automotive Group earned a coverage optimism score of 2.6 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the company's share price in the immediate future.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Asbury Automotive Group investors own include NVIDIA (NVDA), General Electric (GE), Group 1 Automotive (GPI), AutoNation (AN), Celgene (CELG), Methanex (MEOH), Micron Technology (MU), Alliance Data Systems (ADS), Artisan Partners Asset Management (APAM) and Advanced Micro Devices (AMD).

Asbury Automotive Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include First Manhattan Co. (0.85%), Peregrine Capital Management LLC (0.58%), State of Alaska Department of Revenue (0.06%), First Hawaiian Bank (0.04%), Alpha Windward LLC (0.03%) and 6 Meridian (0.02%). Company insiders that own Asbury Automotive Group stock include Craig T Monaghan, David W Hult, Dennis E Clements, Eugene S Katz, George A Villasana, George Karolis, Jed Milstein, Joel Alsfine, Juanita T James, 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 First Manhattan Co., Peregrine Capital Management LLC and Alpha Windward LLC. Company insiders that have sold Asbury Automotive Group company stock in the last year include Dennis E Clements, Eugene S Katz, George A Villasana, Jed Milstein, Juanita T James, Thomas C Deloach Jr 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 State of Alaska Department of Revenue, 6 Meridian, Denali Advisors LLC and First Hawaiian Bank. 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 $75.65.

Asbury Automotive Group has a market capitalization of $1.48 billion and generates $6.87 billion in revenue each year. The company earns $168 million in net income (profit) each year or $8.41 on an earnings per share basis. Asbury Automotive Group employs 8,200 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]