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Asbury Automotive Group, Inc. (ABG)

NYSE: ABG · IEX Real-Time Price · USD
159.79 -4.18 (-2.55%)
Nov 26, 2021 1:00 PM EST - Market closed
Market Cap3.70B
Revenue (ttm)9.42B
Net Income (ttm)481.00M
Shares Out23.14M
EPS (ttm)24.74
PE Ratio6.46
Forward PE6.41
Dividendn/a
Ex-Dividend Daten/a
Volume476,237
Open166.49
Previous Close163.97
Day's Range156.54 - 162.11
52-Week Range112.76 - 230.97
Beta1.52
AnalystsBuy
Price Target252.38 (+57.9%)
Earnings DateOct 26, 2021

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...

IndustrySpecialty Retail
Founded1996
CEODavid Hult
Employees7,600
Stock ExchangeNYSE
Ticker SymbolABG
Full Company Profile

Financial Performance

In 2020, ABG's revenue was $7.13 billion, a decrease of -1.09% compared to the previous year's $7.21 billion. Earnings were $254.40 million, an increase of 37.96%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for ABG stock is "Buy." The 12-month stock price forecast is 252.38, which is an increase of 57.94% from the latest price.

Price Target
$252.38
(57.94% upside)
Analyst Consensus: Buy

News

Asbury Automotive Group Announces Pricing of Its Private Offering of Senior Notes Due 2029 and Senior Notes Due 2032

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (“Asbury”) announced today that it has priced its previously announced private placement of senior notes, consisting of $800 milli...

3 weeks ago - Business Wire

Is Asbury Automotive Group (ABG) Outperforming Other Retail-Wholesale Stocks This Year?

Is (ABG) Outperforming Other Retail-Wholesale Stocks This Year?

3 weeks ago - Zacks Investment Research

Asbury Automotive Group Announces Pricing of Common Stock Offering

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest U.S.-based franchised automotive retailers (“Asbury”), announced today that it has priced its previously annou...

3 weeks ago - Business Wire

Asbury Automotive Group Announces Private Offering of Senior Notes Due 2029 and Senior Notes Due 2032

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (“Asbury”) announced today that it intends to offer up to $1.5 billion aggregate principal amount of Senior Notes, which will cons...

3 weeks ago - Business Wire

Asbury Automotive Group Announces Public Proposed Offering of Common Stock

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest U.S.-based franchised automotive retailers (“Asbury”), announced today that it has commenced an underwritten p...

3 weeks ago - Business Wire

Is Asbury Automotive Group (ABG) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

4 weeks ago - Zacks Investment Research

5 Stocks Worth Betting on Post Upgrade by Analysts

Investors should add broker-friendly stocks like C.H. Robinson (CHRW), ArcBest (ARCB), Asbury (ABG), CNO Financial (CNO) and Century Aluminum (CENX) to their respective portfolios for healthy returns.

Other symbols:ARCBCENXCHRWCNO
4 weeks ago - Zacks Investment Research

Asbury Automotive Group (ABG) Q3 Earnings and Revenues Top Estimates

Asbury Automotive (ABG) delivered earnings and revenue surprises of 13.58% and 4.08%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Asbury Automotive Group Announces Record Third Quarter 2021 Financial Results

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., reported record net income for the third quarter 2021 of ...

1 month ago - Business Wire

Earnings Outlook For Asbury Automotive Group

Asbury Automotive Group (NYSE:ABG) is set to give its latest quarterly earnings report on Tuesday, 2021-10-26. Here's what investors need to know before the announcement.

1 month ago - Benzinga

IBD Names the 100 Best ESG Companies of 2021

LOS ANGELES--(BUSINESS WIRE)---- $ABG #100BestESGCompanies--Investor's Business Daily (IBD), a leading financial news and research organization, today announced the results of its third annual Best ESG ...

1 month ago - Business Wire

Key Predictions for Asbury (ABG) This Earnings Season

While solid demand across all segments is likely to have fueled Asbury's (ABG) Q3 performance, rising operating costs might have dented the company's margins.

1 month ago - Zacks Investment Research

Asbury Automotive Group (ABG) Earnings Expected to Grow: Should You Buy?

Asbury Automotive (ABG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Has Asbury Automotive Group (ABG) Outpaced Other Retail-Wholesale Stocks This Year?

Is (ABG) Outperforming Other Retail-Wholesale Stocks This Year?

1 month ago - Zacks Investment Research

Is 2021 Shaping Up to be Another Banner Year for Dealership M&As?

There has been a flurry of deal making in the auto retail space of late. Kerrigan Advisers predicts that 2021 would mark the biggest year for dealership M&A activities in decades.

Other symbols:ANGPILADSAH
1 month ago - Zacks Investment Research

Asbury Automotive Group Schedules Release of Third Quarter 2021 Financial Results

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its third quarter financia...

1 month ago - Business Wire

Asbury (ABG) to Buy 2 Retailers, Add $5.7B to Annual Sales

Asbury (ABG) enters into an agreement to acquire Larry H. Miller Group and Total Care Auto.

1 month ago - Zacks Investment Research

Asbury Automotive Acquires Larry H. Miller Dealerships, Total Care Auto For $3.2B

Asbury Automotive Group Inc (NYSE: ABG) has agreed to acquire Larry H. Miller Dealerships and Total Care Auto  (TCA), Powered by Landcar, for an aggregate of $3.2 billion, including $740 million of real...

1 month ago - Benzinga

Asbury Automotive Group Adds Approximately $5.7 Billion in Annualized Revenues with Transformational Acquisition of L...

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., entered into a definitive agreement with Larry H. Miller ...

1 month ago - Business Wire

New Strong Buy Stocks for September 28th

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today.

Other symbols:CRAIKRREZISB
1 month ago - Zacks Investment Research

Top Ranked Growth Stocks to Buy for September 28th

ABG, CWK, TPX, and CRI made it to the Zacks Rank #1 (Strong Buy) growth stocks list on September 28, 2021

Other symbols:CRICWKTPX
1 month ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for September 28th

GEO, CVLG, ABG, and CASH made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 28, 2021.

Other symbols:CASHCVLGGEO
1 month ago - Zacks Investment Research

Is Asbury Automotive (ABG) a Great Growth Stock?

If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Asbury Automotive (ABG).

2 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for September 20th

FBIZ, ABG, CAL, and MATX made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 20, 2021.

Other symbols:CALFBIZMATX
2 months ago - Zacks Investment Research

The Presidio Group Advises Asbury Automotive on the Sale of BMW of Charlottesville

CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--The Presidio Group LLC exclusively advised Asbury Automotive Group on the sale of BMW of Charlottesville to Flow Automotive Companies.

2 months ago - Business Wire