Asbury Automotive Group, Inc. (ABG)

NYSE: ABG · Real-Time Price · USD
250.48
+0.01 (0.00%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.00%
Market Cap 4.91B
Revenue (ttm) 16.50B
Net Income (ttm) 357.00M
Shares Out 19.59M
EPS (ttm) 17.65
PE Ratio 14.19
Forward PE 9.46
Dividend n/a
Ex-Dividend Date n/a
Volume 133,340
Open 248.20
Previous Close 250.47
Day's Range 246.94 - 251.78
52-Week Range 195.09 - 277.13
Beta 1.17
Analysts Hold
Price Target 256.20 (+2.28%)
Earnings Date Oct 29, 2024

About 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... [Read more]

Founded 1996
Employees 15,000
Stock Exchange NYSE
Ticker Symbol ABG
Full Company Profile

Financial Performance

In 2023, Asbury Automotive Group's revenue was $14.80 billion, a decrease of -4.09% compared to the previous year's $15.43 billion. Earnings were $602.50 million, a decrease of -39.59%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for ABG stock is "Hold." The 12-month stock price forecast is $256.2, which is an increase of 2.28% from the latest price.

Price Target
$256.2
(2.28% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Asbury Automotive Group Elects New Director to Its Board

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (“Asbury” or the “Company”), one of the largest automotive retail and service companies in the U.S., announced today the appoint...

1 day ago - Business Wire

Undercovered Dozen: Asbury Automotive, Globalstar, Northland Power, Aquestive Therapeutics +

The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering fresh investment ideas and sparking community discussions on their potential. Xometry's AI-driven procurement software in ...

Other symbols: AQSTGSATWLKPXMTR
11 days ago - Seeking Alpha

Asbury Automotive: Attractive Valuation Looking Past Near-Term Noise

Asbury Automotive delivered a mixed Q3 given headwinds from Hurricane Helene, and Q4 will likely be equally messy. Vehicle gross margins continue to normalize, but its parts and services business cont...

17 days ago - Seeking Alpha

Asbury Automotive Group's Wendy Reynolds-Dobbs is Recognized as an Automotive News Champion of Diversity

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., is proud to announce Wendy Reynolds-Dobbs, VP and Chief...

20 days ago - Business Wire

Asbury Automotive Group, Inc. (ABG) Q3 2024 Earnings Call Transcript

Asbury Automotive Group, Inc. (NYSE:ABG) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Chris Reeves - Vice President, Finance & Treasurer David Hult - President &...

22 days ago - Seeking Alpha

Asbury Automotive Group Reports Third Quarter Results

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., reported third quarter 2024 net income ...

22 days ago - Business Wire

Asbury Automotive Group Schedules Release of Third Quarter 2024 Financial Results

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Schedules Release of Third Quarter 2024 Financial Results.

6 weeks ago - Business Wire

Asbury Automotive Sues to Block Administrative Proceeding by the Federal Trade Commission

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Sues to Block Administrative Proceeding by the Federal Trade Commission.

6 weeks ago - Business Wire

Asbury Automotive Wins Preliminary Injunction Against CDK Global LLC

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Wins Preliminary Injunction Against CDK Global LLC.

7 weeks ago - Business Wire

Asbury Automotive Denies Unfounded FTC Allegations, Vows a Vigorous Defense

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Denies Unfounded FTC Allegations Vows a Vigorous Defense.

3 months ago - Business Wire

Kerrigan Advisors Represents Asbury Automotive Group in Sale of Atlanta-based Nalley Chevrolet

ATLANTA--(BUSINESS WIRE)-- #autoindustry--Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Atlanta-based Asbury Automotive Group (NYSE: ABG)...

3 months ago - Business Wire

Asbury Automotive Group Named in America's Fastest-Growing Companies List by the Financial Times

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S, is proud to be recognized as one of America's Fastest-Gr...

3 months ago - Business Wire

Asbury Automotive Group: Looking Past The CDK Outage

Asbury Automotive Group is an auto retailer operating primarily in the Sun Belt and Mountain West of the United States. The company has significantly outperformed the Consumer Discretionary Select Sec...

3 months ago - Seeking Alpha

Asbury Automotive Group, Inc. (ABG) Q2 2024 Earnings Call Transcript

Asbury Automotive Group, Inc. (NYSE:ABG) Q2 2024 Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Chris Reeves - VP, Finance & IR David Hult - President & CEO Dan Clara - SVP,...

3 months ago - Seeking Alpha

Asbury Automotive Group Reports Second Quarter Results

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., reported second quarter 2024 net income...

3 months ago - Business Wire

Asbury Automotive Group Schedules Release of Second Quarter 2024 Financial Results

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Schedules Release of Second Quarter 2024 Financial Results.

4 months ago - Business Wire

Asbury Automotive Group Announces Appointment of Senior Vice President, General Counsel and Corporate Secretary

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Announces Appointment of Senior Vice President, General Counsel and Corporate Secretary.

4 months ago - Business Wire

Asbury Automotive Group Provides Update on Service Impacts Related to the CDK Cyber Incident

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (“we,” “our” or the “Company”), one of the largest automotive retail and service companies in the U.S., learned on Wednesday, Ju...

5 months ago - Business Wire

Asbury Automotive Group Board Increases Stock Repurchase Authorization to $400 Million

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Board Increases Stock Repurchase Authorization to $400 Million.

6 months ago - Business Wire

Asbury Automotive: Strength In Maintenance Can Lift Shares

Asbury Automotive Group's stock performance has been disappointing, up only 10% and flat since my recommendation. ABG's Q1 earnings showed a 17% increase in revenue, aided by M&A, and strong earnings ...

6 months ago - Seeking Alpha

Simon Sells ABG Stake, Eyes Express Despite Cooling Retail Holdings

U.S. mall giant Simon Property Group Simon Property Group has exited Authentic Brands Group (ABG), selling off its near 10% stake in the international brand management business for nearly $1.2 billion...

Other symbols: SPG
6 months ago - Forbes

Asbury Automotive Group, Inc. (ABG) Q1 2024 Earnings Call Transcript

Asbury Automotive Group, Inc. (NYSE:ABG) Q1 2024 Earnings Conference Call April 25, 2024 10:00 AM ET Company Participants Chris Reeves - VP, Finance and Treasurer David Hult - President, CEO & Direct...

7 months ago - Seeking Alpha

Asbury Automotive Group Reports Record $4.2 Billion in Revenue

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., reported first quarter 2024 net income ...

7 months ago - Business Wire

Asbury Automotive Announces Chief Legal Officer George Villasana to Retire

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Announces Chief Legal Officer George Villasana to Retire.

7 months ago - Business Wire

Asbury Automotive Group Releases 2023 Corporate Responsibility Report

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Releases 2023 Corporate Responsibility Report.

7 months ago - Business Wire