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

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 results on Friday, July, 26th. The company reported $2.38 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.27 by $0.11. The business had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.80 billion. Asbury Automotive Group had a return on equity of 35.08% and a net margin of 2.57%. The company's quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.08 EPS. View Asbury Automotive Group's Earnings History.

Asbury Automotive Group is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for Asbury Automotive Group.

Asbury Automotive Group will be holding an earnings conference call on Tuesday, October 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

6 Wall Street analysts have issued 12 month target prices for Asbury Automotive Group's stock. Their predictions range from $70.00 to $110.00. On average, they expect Asbury Automotive Group's share price to reach $87.40 in the next twelve months. This suggests that the stock has a possible downside of 13.9%. View Analyst Price Targets for Asbury Automotive Group.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Asbury Automotive Group in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Asbury Automotive Group.

News stories about ABG stock have been trending very negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Asbury Automotive Group earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Asbury Automotive Group.

Some companies that are related to Asbury Automotive Group include Casey's General Stores (CASY), IAA (IAA), AutoNation (AN), Penske Automotive Group (PAG), KAR Auction Services (KAR), Lithia Motors (LAD), Murphy USA (MUSA), Group 1 Automotive (GPI), Rush Enterprises (RUSHB), Rush Enterprises (RUSHA), Sonic Automotive (SAH), Camping World (CWH), America's Car-Mart (CRMT), Kaixin Auto (KXIN) and TravelCenters of America (TA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Asbury Automotive Group investors own include Lithia Motors (LAD), NVIDIA (NVDA), Group 1 Automotive (GPI), Alliance Data Systems (ADS), AutoNation (AN), General Electric (GE), Sonic Automotive (SAH), Celgene (CELG), Artisan Partners Asset Management (APAM) and EOG Resources (EOG).

Asbury Automotive Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Artemis Investment Management LLP (0.78%), Peregrine Capital Management LLC (0.47%), State of Alaska Department of Revenue (0.09%) and First Hawaiian Bank (0.03%). 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, Sean D Goodman, 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 Peregrine Capital Management LLC, Artemis Investment Management LLP and First Hawaiian Bank. Company insiders that have sold Asbury Automotive Group company stock in the last year include David W Hult, Dennis E Clements, Eugene S Katz, George A Villasana, Jed Milstein, Juanita T James, Sean D Goodman, Thomas C Deloach Jr 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 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, Robinhood, Fidelity and Charles Schwab.

One share of ABG stock can currently be purchased for approximately $101.48.

Asbury Automotive Group has a market capitalization of $1.96 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.View Additional Information About Asbury Automotive Group.

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]