NYSE:ABG Asbury Automotive Group (ABG) Stock Forecast, Price & News $227.42 +0.87 (+0.38%) (As of 01:21 PM ET) Add Compare Share Share Today's Range$222.50▼$228.0050-Day Range$217.44▼$249.8952-Week Range$138.88▼$256.39Volume33,836 shsAverage Volume216,247 shsMarket Capitalization$4.68 billionP/E Ratio5.30Dividend YieldN/APrice Target$216.67 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Asbury Automotive Group MarketRank™ ForecastAnalyst RatingReduce1.50 Rating ScoreUpside/Downside4.1% Downside$216.67 Price TargetShort InterestBearish10.50% of Shares Sold ShortDividend StrengthN/ASustainability-2.97Upright™ Environmental ScoreNews Sentiment1.09Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth-6.86%From $33.53 to $31.23 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.0.96 out of 5 starsRetail/Wholesale Sector206th out of 211 stocksAutomotive Dealers & Gasoline Service Stations Industry20th out of 21 stocks 0.8 Analyst's Opinion Consensus RatingAsbury Automotive Group has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $216.67, Asbury Automotive Group has a forecasted downside of 4.1% from its current price of $225.94.Amount of Analyst CoverageAsbury Automotive Group has only been the subject of 1 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted10.50% of the outstanding shares of Asbury Automotive Group have been sold short.Short Interest Ratio / Days to CoverAsbury Automotive Group has a short interest ratio ("days to cover") of 12.1, which indicates bearish sentiment.Change versus previous monthShort interest in Asbury Automotive Group has recently increased by 0.93%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldAsbury Automotive Group does not currently pay a dividend.Dividend GrowthAsbury Automotive Group does not have a long track record of dividend growth. Previous Next 0.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAsbury Automotive Group has received a -96.51% net impact score from Upright. The largest negative impact of Asbury Automotive in category "GHG emissions" seems to be driven mostly by its "Physical retail of new cars at a car dealer", "Online retail of cars", and "Passenger car repair" products. See details.Environmental SustainabilityThe Environmental Impact score for Asbury Automotive Group is -2.97. Previous Next 2.3 News and Social Media Coverage News SentimentAsbury Automotive Group has a news sentiment score of 1.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Asbury Automotive Group this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 1 people have added Asbury Automotive Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Asbury Automotive Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.41% of the stock of Asbury Automotive Group is held by insiders. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Asbury Automotive Group are expected to decrease by -6.86% in the coming year, from $33.53 to $31.23 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Asbury Automotive Group is 5.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Asbury Automotive Group is 5.27, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 20.29.Price to Earnings Growth RatioAsbury Automotive Group has a PEG Ratio of 0.36. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAsbury Automotive Group has a P/B Ratio of 1.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Asbury Automotive Group (NYSE:ABG) StockAsbury Automotive Group, Inc., together with its subsidiaries, operates as an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services. The company also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, prepaid maintenance, and disability and accident insurance. Asbury Automotive Group, Inc. was founded in 1996 and is based in Duluth, Georgia.Read More ABG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ABG Stock News HeadlinesSeptember 14, 2023 | msn.comWith A Compelling Valuation, Asbury Automotive Can Drive HigherSeptember 11, 2023 | finance.yahoo.comAsbury (ABG) to Buy Jim Koons to Expand in Mid-Atlantic RegionSeptember 21, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 11, 2023 | finance.yahoo.comAuto Roundup: ABG's $1.2B Buyout Deal, MGA's Revised 2025 View & MoreSeptember 11, 2023 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Atmus Filtration Technologies, Inc. (ATMU) and Asbury (ABG)September 9, 2023 | msn.comAsbury Automotive Group to Buy Jim Koons Dealership For $1.2 BillionSeptember 9, 2023 | bizjournals.comJim Koons Automotive Companies selling to Georgia's Asbury Automotive in $1.2B dealSeptember 9, 2023 | msn.comDeal Or No Deal? Asbury Automotive Acquires Ninth Largest Privately-Owned US Dealership, Jim KoonsSeptember 21, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 9, 2023 | msn.comAsbury Automotive (NYSE:ABG) Snaps up Jim Koons in Landmark DealSeptember 8, 2023 | bizjournals.comAsbury Automotive to pay $1.2 billion for competitorSeptember 8, 2023 | bizjournals.comJim Koons Automotive Companies to sell to Georgia's Asbury Automotive in $1.2B dealSeptember 8, 2023 | finance.yahoo.comUPDATE 2-Auto dealer Asbury to expand Mid-Atlantic presence with $1.2 bln Jim Koons buySeptember 8, 2023 | finance.yahoo.comMidday movers: Apple, RH, GameStop and moreSeptember 8, 2023 | investing.comAsbury Automotive to acquire Jim Koons for about $1.2 billionSeptember 8, 2023 | markets.businessinsider.comAsbury Automotive To Buy Jim Koons Automotive; Terms Not DisclosedSeptember 8, 2023 | msn.comAsbury Automotive acquires Jim Koons Automotive in one of the largest auto retail deals in historySeptember 8, 2023 | finance.yahoo.comAsbury Automotive Group Agrees to Acquire Jim Koons Automotive Companies in the Largest Auto Retail Acquisition Since 2021September 5, 2023 | finance.yahoo.comAsbury Automotive Group Named to Newsweek’s America’s Greatest Workplaces 2023September 1, 2023 | finance.yahoo.comIs Now An Opportune Moment To Examine Asbury Automotive Group, Inc. (NYSE:ABG)?August 24, 2023 | finance.yahoo.comWhy Is Asbury Automotive (ABG) Up 0.2% Since Last Earnings Report?August 23, 2023 | stocknews.com3 Auto Dealer Stocks Staying on Top of Wall StreetAugust 15, 2023 | finance.yahoo.comIf EPS Growth Is Important To You, Asbury Automotive Group (NYSE:ABG) Presents An OpportunityAugust 10, 2023 | msn.comMorgan Stanley Maintains Asbury Automotive Group (ABG) Underweight RecommendationAugust 3, 2023 | finance.yahoo.comFactor Likely to Influence Dillard's (DDS) in Q2 EarningsJuly 29, 2023 | finance.yahoo.comIs There An Opportunity With Asbury Automotive Group, Inc.'s (NYSE:ABG) 49% Undervaluation?July 26, 2023 | msn.comAsbury (ABG) Q2 Earnings & Revenues Beat EstimatesSee More Headlines Receive ABG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Asbury Automotive Group and its competitors with MarketBeat's FREE daily newsletter. Email Address ABG Company Calendar Last Earnings7/25/2023Today9/21/2023Next Earnings (Estimated)10/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Automotive dealers & gasoline service stations Sub-IndustryAutomotive Retail SectorRetail/Wholesale Current SymbolNYSE:ABG CUSIP04343610 CIK1144980 Webwww.asburyauto.com Phone(770) 418-8200FaxN/AEmployees13,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$216.67 High Stock Price Forecast$300.00 Low Stock Price Forecast$165.00 Forecasted Upside/Downside-4.3%Consensus RatingReduce Rating Score (0-4)1.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$42.89 Trailing P/E Ratio5.28 Forward P/E Ratio6.76 P/E Growth0.36Net Income$997.30 million Net Margins6.28% Pretax Margin8.31% Return on Equity26.62% Return on Assets9.65% Debt Debt-to-Equity Ratio1.04 Current Ratio1.91 Quick Ratio0.77 Sales & Book Value Annual Sales$15.43 billion Price / Sales0.30 Cash Flow$41.95 per share Price / Cash Flow5.40 Book Value$131.18 per share Price / Book1.73Miscellaneous Outstanding Shares20,580,000Free Float20,491,000Market Cap$4.66 billion OptionableOptionable Beta1.13 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. David W. Hult (Age 57)Pres, CEO & Director Comp: $4.83MMr. Michael D. Welch (Age 48)Sr. VP & CFO Comp: $1.69MMr. Daniel Clara (Age 43)Sr. VP of Operations Comp: $1.77MMr. George A. Villasana (Age 55)Sr. VP, Chief Legal Officer & Sec. Comp: $1.7MMr. Jed M. Milstein (Age 54)Sr. VP & Chief HR Officer Comp: $1.51MMr. Nathan Edward Briesemeister (Age 51)VP, Chief Accounting Officer & Controller Mr. Barry CohenChief Information Officer & VPMr. Miran Maric (Age 34)Sr. VP of Strategy & Innovation Ms. Karen ReidVP- Corp. FP&A and TreasurerMore ExecutivesKey CompetitorsGroup 1 AutomotiveNYSE:GPIAutoNationNYSE:ANLithia MotorsNYSE:LADPenske Automotive GroupNYSE:PAGCarMaxNYSE:KMXView All CompetitorsInsiders & InstitutionsCovenant Partners LLCSold 62 shares on 9/5/2023Ownership: 0.008%Portside Wealth Group LLCBought 1,873 shares on 9/1/2023Ownership: 0.009%Wolverine Trading LLCBought 800 shares on 8/23/2023Ownership: 0.000%Virginia Retirement Systems ET ALBought 5,700 shares on 8/22/2023Ownership: 0.028%BOKF NASold 62 shares on 8/21/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions ABG Stock - Frequently Asked Questions Should I buy or sell Asbury Automotive Group stock right now? 2 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 and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" ABG shares. View ABG analyst ratings or view top-rated stocks. What is Asbury Automotive Group's stock price forecast for 2023? 2 equities research analysts have issued 12 month price objectives for Asbury Automotive Group's shares. Their ABG share price forecasts range from $165.00 to $300.00. On average, they expect the company's share price to reach $216.67 in the next twelve months. This suggests that the stock has a possible downside of 4.3%. View analysts price targets for ABG or view top-rated stocks among Wall Street analysts. How have ABG shares performed in 2023? Asbury Automotive Group's stock was trading at $179.25 at the beginning of the year. Since then, ABG stock has increased by 26.4% and is now trading at $226.51. View the best growth stocks for 2023 here. When is Asbury Automotive Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023. View our ABG earnings forecast. How were Asbury Automotive Group's earnings last quarter? Asbury Automotive Group, Inc. (NYSE:ABG) issued its earnings results on Tuesday, July, 25th. The company reported $8.95 earnings per share for the quarter, beating analysts' consensus estimates of $8.24 by $0.71. The firm had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.80 billion. Asbury Automotive Group had a trailing twelve-month return on equity of 26.62% and a net margin of 6.28%. Asbury Automotive Group's revenue was down 5.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $10.04 earnings per share. What ETFs hold Asbury Automotive Group's stock? ETFs with the largest weight of Asbury Automotive Group (NYSE:ABG) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Invesco S&P SmallCap Quality ETF (XSHQ), Harbor Corporate Culture Small Cap ETF (HAPS), Argent Mid Cap ETF (AMID), Invesco S&P SmallCap Momentum ETF (XSMO), Global X Guru Index ETF (GURU), VanEck Morningstar SMID Moat ETF (SMOT) and Invesco S&P SmallCap 600 Revenue ETF (RWJ). What is David Hult's approval rating as Asbury Automotive Group's CEO? 81 employees have rated Asbury Automotive Group Chief Executive Officer David Hult on Glassdoor.com. David Hult has an approval rating of 61% among the company's employees. This puts David Hult in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Asbury Automotive Group own? 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). What is Asbury Automotive Group's stock symbol? Asbury Automotive Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ABG." Who are Asbury Automotive Group's major shareholders? Asbury Automotive Group's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (16.38%), Impactive Capital LP (9.93%), State Street Corp (3.98%), Dimensional Fund Advisors LP (3.55%), Congress Asset Management Co. MA (2.42%) and Capital Research Global Investors (2.19%). Insiders that own company stock include Abrams Capital Management, LP, Berman Bridget Ryan, David W Hult, George A Villasana, Jed Milstein, Juanita T James, Miran Maric and William Frederick Stax. View institutional ownership trends. How do I buy shares of Asbury Automotive Group? Shares of ABG stock 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. What is Asbury Automotive Group's stock price today? One share of ABG stock can currently be purchased for approximately $226.51. How much money does Asbury Automotive Group make? Asbury Automotive Group (NYSE:ABG) has a market capitalization of $4.66 billion and generates $15.43 billion in revenue each year. The company earns $997.30 million in net income (profit) each year or $42.89 on an earnings per share basis. How many employees does Asbury Automotive Group have? The company employs 13,000 workers across the globe. How can I contact Asbury Automotive Group? Asbury Automotive Group's mailing address is 2905 PREMIERE PARKWAY NW SUITE 300, DULUTH GA, 30097. The official website for the company is www.asburyauto.com. The company can be reached via phone at (770) 418-8200 or via email at ir@asburyauto.com. This page (NYSE:ABG) was last updated on 9/21/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Asbury Automotive Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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