NYSE:ABG

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

$213.75
+5.30 (+2.54%)
(As of 05/3/2024 ET)
Today's Range
$211.03
$215.16
50-Day Range
$204.70
$235.98
52-Week Range
$178.40
$256.39
Volume
201,911 shs
Average Volume
168,569 shs
Market Capitalization
$4.31 billion
P/E Ratio
7.79
Dividend Yield
N/A
Price Target
$231.25

Asbury Automotive Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
8.2% Upside
$231.25 Price Target
Short Interest
Bearish
10.11% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-2.97
Upright™ Environmental Score
News Sentiment
-0.12mentions of Asbury Automotive Group in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$826,595 Sold Last Quarter
Proj. Earnings Growth
1.13%
From $30.85 to $31.20 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.71 out of 5 stars

Retail/Wholesale Sector

1107th out of 1,208 stocks

Automotive Dealers & Gasoline Service Stations Industry

91st out of 102 stocks

ABG stock logo

About Asbury Automotive Group Stock (NYSE:ABG)

Asbury 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.

ABG Stock Price History

ABG Stock News Headlines

Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
Q1 2024 Asbury Automotive Group Inc Earnings Call
Asbury Automotive: Q1 Earnings Snapshot
Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
Craig-Hallum Keeps Their Hold Rating on Asbury (ABG)
Asbury Automotive Group
Asbury Automotive Group Inc
ABG Apr 2024 210.000 put
Asbury Automotive Group Inc.
Asbury (ABG) Q4 Earnings Miss Expectations, Decline Y/Y
See 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.

Company Calendar

Last Earnings
4/25/2024
Today
5/03/2024
Next Earnings (Estimated)
7/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Automotive dealers & gasoline service stations
Sub-Industry
Automotive Retail
CUSIP
04343610
Fax
N/A
Employees
15,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$231.25
High Stock Price Target
$300.00
Low Stock Price Target
$165.00
Potential Upside/Downside
+8.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$602.50 million
Pretax Margin
4.92%

Debt

Sales & Book Value

Annual Sales
$15.42 billion
Cash Flow
$38.79 per share
Book Value
$165.92 per share

Miscellaneous

Free Float
20,065,000
Market Cap
$4.31 billion
Optionable
Optionable
Beta
1.19
The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

ABG Stock Analysis - Frequently Asked Questions

Should I buy or sell Asbury Automotive Group stock right now?

3 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 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ABG shares. 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 ABG analyst ratings
or view top-rated stocks.

What is Asbury Automotive Group's stock price target for 2024?

3 equities research analysts have issued twelve-month target prices for Asbury Automotive Group's stock. Their ABG share price targets range from $165.00 to $300.00. On average, they expect the company's stock price to reach $231.25 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price.
View analysts price targets for ABG
or view top-rated stocks among Wall Street analysts.

How have ABG shares performed in 2024?

Asbury Automotive Group's stock was trading at $224.97 at the beginning of 2024. Since then, ABG stock has decreased by 5.0% and is now trading at $213.75.
View the best growth stocks for 2024 here
.

When is Asbury Automotive Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our ABG earnings forecast
.

How were Asbury Automotive Group's earnings last quarter?

Asbury Automotive Group, Inc. (NYSE:ABG) released its quarterly earnings results on Thursday, April, 25th. The company reported $7.21 earnings per share for the quarter, missing analysts' consensus estimates of $7.76 by $0.55. The company had revenue of $4.20 billion for the quarter, compared to analysts' expectations of $4.26 billion. Asbury Automotive Group had a net margin of 3.68% and a trailing twelve-month return on equity of 20.12%. The firm's quarterly revenue was up 17.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $8.37 EPS.

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).

Who are Asbury Automotive Group's major shareholders?

Asbury Automotive Group's stock is owned by many different retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (0.53%), Assenagon Asset Management S.A. (0.21%), Peregrine Capital Management LLC (0.21%), Coronation Fund Managers Ltd. (0.14%), Van ECK Associates Corp (0.13%) and Lawson Kroeker Investment Management Inc. NE (0.11%). Insiders that own company stock include Berman Bridget Ryan, Daniel Clara, David W Hult, George A Villasana, Jed Milstein, Miran Maric and Philip F Maritz.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ABG) was last updated on 5/4/2024 by MarketBeat.com Staff

From Our Partners