Asbury Automotive Group, Inc. (ABG)
| Market Cap | 3.70B |
| Revenue (ttm) | 9.42B |
| Net Income (ttm) | 481.00M |
| Shares Out | 23.14M |
| EPS (ttm) | 24.74 |
| PE Ratio | 6.46 |
| Forward PE | 6.41 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 476,237 |
| Open | 166.49 |
| Previous Close | 163.97 |
| Day's Range | 156.54 - 162.11 |
| 52-Week Range | 112.76 - 230.97 |
| Beta | 1.52 |
| Analysts | Buy |
| Price Target | 252.38 (+57.9%) |
| Earnings Date | Oct 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...
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 StatementsAnalyst 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.
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...
Is Asbury Automotive Group (ABG) Outperforming Other Retail-Wholesale Stocks This Year?
Is (ABG) Outperforming Other Retail-Wholesale Stocks This Year?
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...
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...
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...
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...
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.
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?
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 ...
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.
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 ...
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.
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.
Has Asbury Automotive Group (ABG) Outpaced Other Retail-Wholesale Stocks This Year?
Is (ABG) Outperforming Other Retail-Wholesale Stocks This Year?
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.
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...
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.
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...
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 ...
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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).
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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.