Asbury Automotive Group, Inc. (ABG)

NYSE: ABG · IEX Real-Time Price · USD
208.27
-1.73 (-0.82%)
Mar 18, 2024, 4:00 PM EDT - Market closed
-0.82%
Market Cap 4.25B
Revenue (ttm) 14.80B
Net Income (ttm) 602.50M
Shares Out 20.40M
EPS (ttm) 28.74
PE Ratio 7.25
Forward PE 6.59
Dividend n/a
Ex-Dividend Date n/a
Volume 113,704
Open 211.09
Previous Close 210.00
Day's Range 207.61 - 211.44
52-Week Range 178.40 - 256.39
Beta 1.17
Analysts Hold
Price Target 213.33 (+2.43%)
Earnings Date Apr 23, 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, ABG'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 3 analysts, the average rating for ABG stock is "Hold." The 12-month stock price forecast is $213.33, which is an increase of 2.43% from the latest price.

Price Target
$213.33
(2.43% upside)
Analyst Consensus: Hold
Stock Forecasts

News

The Presidio Group Advises Asbury Automotive Group on the Sale of Delaware Lexus Store

WILMINGTON, Del.--(BUSINESS WIRE)--The Presidio Group Advises Asbury Automotive Group on the Sale of Koons Wilmington Lexus in Delaware to MileOne Autogroup.

13 days ago - Business Wire

Asbury Automotive Group Reports Fourth Quarter Financial 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 fourth quarter 2023 net income...

5 weeks ago - Business Wire

Asbury Automotive Group Schedules Release of Fourth Quarter 2023 Financial Results

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Schedules Release of Fourth Quarter 2023 Financial Results.

2 months ago - Business Wire

Tekion Selected by Asbury Automotive Group to Elevate Guest Experiences

PLEASANTON, Calif.--(BUSINESS WIRE)--Tekion, innovator of the first cloud-native platform serving the entire automotive retail ecosystem, today announced a new engagement with Asbury Automotive Group,...

2 months ago - Business Wire

Asbury Automotive Group Completes Acquisition of Jim Koons Automotive Companies

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Completes Acquisition of Jim Koons Automotive Companies.

3 months ago - Business Wire

Asbury Automotive Group Reports Third Quarter 2023 Financial 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 2023 net income ...

5 months ago - Business Wire

Asbury Automotive Group Schedules Release of Third Quarter 2023 Financial Results

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Schedules Release of Third Quarter 2023 Financial Results.

5 months ago - Business Wire

Asbury Automotive to buy the Jim Koons auto dealership group for $1.2 billion, to expand in the Mid-Atlantic region

Shares of Asbury Automotive Group Inc. ABG, -2.68% rose 3.2% in premarket trading Friday, after the auto retailer announced a deal to buy the Jim Koons auto dealership group for about $1.2 billion. As...

6 months ago - Market Watch

Asbury Automotive Group Agrees to Acquire Jim Koons Automotive Companies in the Largest Auto Retail Acquisition Since 2021

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Agrees to Acquire Jim Koons Automotive Companies in the Largest Auto Retail Acquisition Since 2021.

6 months ago - Business Wire

Asbury Automotive Group Named to Newsweek's America's Greatest Workplaces 2023

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Named to Newsweek's America's Greatest Workplaces 2023.

7 months ago - Business Wire

Asbury Automotive Group Reports Second Quarter 2023 Financial 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 2023 net income...

8 months ago - Business Wire

Asbury Automotive Group Schedules Release of Second Quarter 2023 Financial Results

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Schedules Release of Second Quarter 2023 Financial Results.

9 months ago - Business Wire

David Abrams Adds to Cantaloupe Stake, Trims 2 Top Holdings

David Abrams (Trades, Portfolio), the leader of Abrams Capital Management, disclosed his equity portfolio for the first quarter of 2023 last month.

Other symbols: CTLPTEVA
10 months ago - GuruFocus

Asbury Automotive Group Approves New Stock Repurchase Authorization of $250 Million

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Approves New Stock Repurchase Authorization of $250 Million.

10 months ago - Business Wire

The Presidio Group Advises Asbury Automotive on the Sale of McDavid Acura of Austin

AUSTIN, Texas--(BUSINESS WIRE)--The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in the automotive retail...

10 months ago - Business Wire

Asbury Automotive Group Reports First Quarter 2023 Financial 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 first quarter 2023 net income ...

11 months ago - Business Wire

Asbury Automotive Group Schedules Release of First Quarter 2023 Financial Results

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Schedules Release of First Quarter 2023 Financial Results

1 year ago - Business Wire

Asbury Automotive Group Releases 2022 Corporate Responsibility Report

Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., has published its 2022 Corporate Responsibility Report to present its Environmental, ...

1 year ago - Business Wire

Asbury Automotive Group Reports Record Fourth Quarter and Record Full Year 2022 Financial 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 fourth quarter 2022 net inco...

1 year ago - Business Wire

Asbury Automotive Group Increases Share Repurchase Authorization to $200 Million

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., today announced its board of director...

1 year ago - Business Wire

5 Undervalued Predictable Consumer Cyclical Stocks for 2023

Market indexes rose on Thursday morning as the Consumer Price Index report for December fell in line with economists' expectations and indicated inflation may be cooling off.

Other symbols: ANGPIPATKTHO
1 year ago - GuruFocus

Asbury Automotive Group Schedules Release of Fourth Quarter 2022 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 fourth quarter fin...

1 year ago - Business Wire

5 Chuck Royce Stocks Trading Below DCF Value

According to current portfolio statistics, a Premium feature of GuruFocus, five stocks in Royce Investment Partners' third-quarter 13F equity portfolio that are trading below discounted cash flow valu...

Other symbols: LCIIMLIMMIUFPI
1 year ago - GuruFocus

AM Best Revises Outlooks to Positive for Landcar Casualty Company

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Lo...

1 year ago - Business Wire