Asbury Automotive Group, Inc. (ABG)
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]
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 StatementsAnalyst 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.
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...
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 ...
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...
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...
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 &...
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 ...
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.
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.
Asbury Automotive Wins Preliminary Injunction Against CDK Global LLC
DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Wins Preliminary Injunction Against CDK Global LLC.
Asbury Automotive Denies Unfounded FTC Allegations, Vows a Vigorous Defense
DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Denies Unfounded FTC Allegations Vows a Vigorous Defense.
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)...
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...
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...
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,...
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...
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.
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.
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...
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.
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 ...
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...
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...
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 ...
Asbury Automotive Announces Chief Legal Officer George Villasana to Retire
DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Announces Chief Legal Officer George Villasana to Retire.
Asbury Automotive Group Releases 2023 Corporate Responsibility Report
DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Releases 2023 Corporate Responsibility Report.