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

$240.36
-3.70 (-1.52%)
(As of 08/27/2024 05:31 PM ET)
Today's Range
$239.90
$243.49
50-Day Range
$222.12
$269.22
52-Week Range
$178.40
$277.13
Volume
109,332 shs
Average Volume
169,570 shs
Market Capitalization
$4.85 billion
P/E Ratio
8.76
Dividend Yield
N/A
Price Target
$216.67

Asbury Automotive Group MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.67 Rating Score
Upside/​Downside
9.9% Downside
$216.67 Price Target
Short Interest
Bearish
9.67% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-2.97
Upright™ Environmental Score
News Sentiment
1.78mentions of Asbury Automotive Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$2 M Sold Last Quarter
Proj. Earnings Growth
3.88%
From $29.12 to $30.25 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.

0.74 out of 5 stars

Retail/Wholesale Sector

173rd out of 191 stocks

Automotive Dealers & Gasoline Service Stations Industry

17th out of 19 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

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Asbury Automotive Group: Looking Past The CDK Outage
See More Headlines
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Company Calendar

Last Earnings
8/02/2024
Today
8/27/2024
Next Earnings (Estimated)
10/22/2024
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
$216.67
High Stock Price Target
$230.00
Low Stock Price Target
$190.00
Potential Upside/Downside
-9.9%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

Net Income
$602.50 million
Pretax Margin
4.92%

Debt

Sales & Book Value

Annual Sales
$15.93 billion
Cash Flow
$34.83 per share
Book Value
$157.65 per share

Miscellaneous

Free Float
20,065,000
Market Cap
$4.85 billion
Optionable
Optionable
Beta
1.16
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ABG Stock Analysis - Frequently Asked Questions

How have ABG shares performed this year?

Asbury Automotive Group's stock was trading at $224.97 at the beginning of 2024. Since then, ABG shares have increased by 6.8% and is now trading at $240.36.
View the best growth stocks for 2024 here
.

How were Asbury Automotive Group's earnings last quarter?

Asbury Automotive Group, Inc. (NYSE:ABG) announced its earnings results on Friday, August, 2nd. The company reported $6.40 EPS for the quarter, missing the consensus estimate of $7.31 by $0.91. The firm's revenue for the quarter was up 17.3% on a year-over-year basis.

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.

Who are Asbury Automotive Group's major shareholders?

Asbury Automotive Group's top institutional investors include Dimensional Fund Advisors LP (5.24%), Eminence Capital LP (2.47%), Bank of New York Mellon Corp (0.98%) and Magnolia Group LLC (0.55%). Insiders that own company stock include Impactive Capital Lp, David W Hult, Jed Milstein, Philip F Maritz, Daniel Clara, Berman Bridget Ryan, George A Villasana and Miran Maric.
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.

What other stocks do shareholders of Asbury Automotive Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Asbury Automotive Group investors own include NVIDIA (NVDA), AbbVie (ABBV), Intel (INTC), Lithia Motors (LAD), General Motors (GM), Group 1 Automotive (GPI) and Bristol-Myers Squibb (BMY).

This page (NYSE:ABG) was last updated on 8/28/2024 by MarketBeat.com Staff

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