Asbury Automotive Group, Inc. (ABG)

NYSE: ABG · IEX Real-Time Price · USD
151.10
+4.10 (2.79%)
Sep 30, 2022 4:00 PM EDT - Market closed
2.79%
Market Cap 3.34B
Revenue (ttm) 12.92B
Net Income (ttm) 726.60M
Shares Out 22.13M
EPS (ttm) 34.15
PE Ratio 4.42
Forward PE 4.27
Dividend n/a
Ex-Dividend Date n/a
Volume 310,233
Open 146.77
Previous Close 147.00
Day's Range 144.11 - 153.72
52-Week Range 140.70 - 230.97
Beta 1.12
Analysts Buy
Price Target 241.91 (+60.1%)
Earnings Date Oct 24, 2022

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...]

Industry Specialty Retail
Founded 1996
CEO David Hult
Employees 14,200
Stock Exchange NYSE
Ticker Symbol ABG
Full Company Profile

Financial Performance

In 2021, ABG's revenue was $9.84 billion, an increase of 37.94% compared to the previous year's $7.13 billion. Earnings were $532.40 million, an increase of 109.28%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for ABG stock is "Buy." The 12-month stock price forecast is 241.91, which is an increase of 60.10% from the latest price.

Price Target
$241.91
(60.10% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Here is Why Growth Investors Should Buy Asbury Automotive (ABG) Now

Asbury Automotive (ABG) is well positioned to outperform the market, as it exhibits above-average growth in financials.

5 days ago - Zacks Investment Research

Auto Dealers on Sale

There may be no giant banners or flapping pennants above these deals, but there is a big sale going on in the automotive industry.

Other symbols: ANGPIPAG
1 week ago - GuruFocus

Are Retail-Wholesale Stocks Lagging Asbury Automotive Group (ABG) This Year?

Here is how Asbury Automotive Group (ABG) and Dick's Sporting Goods (DKS) have performed compared to their sector so far this year.

2 weeks ago - Zacks Investment Research

Looking for a Growth Stock? 3 Reasons Why Asbury Automotive (ABG) is a Solid Choice

Asbury Automotive (ABG) could produce exceptional returns because of its solid growth attributes.

3 weeks ago - Zacks Investment Research

Asbury Automotive (ABG) Upgraded to Buy: Here's Why

Asbury Automotive (ABG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

3 weeks ago - Zacks Investment Research

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...

3 weeks ago - Zacks Investment Research

Should You Buy Asbury Automotive Group (ABG) After Golden Cross?

Is it a good or bad thing when a stock experiences a golden cross technical event?

1 month ago - Zacks Investment Research

3 Stocks Trading at a Discount

To increase your chances of finding a bargain, one method is to screen the market for stocks that are trading at a discount to their estimated intrinsic values as calculated by the projected free cash f...

Other symbols: BLDRBXC
1 month ago - GuruFocus

Is Asbury Automotive Group (ABG) Stock Outpacing Its Retail-Wholesale Peers This Year?

Here is how Asbury Automotive Group (ABG) and Dollar General (DG) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

Can Asbury Automotive (ABG) Climb 32% to Reach the Level Wall Street Analysts Expect?

The average of price targets set by Wall Street analysts indicates a potential upside of 31.9% in Asbury Automotive (ABG). While the effectiveness of this highly sought-after metric is questionable, the...

1 month ago - Zacks Investment Research

Asbury Automotive Group (ABG) is a Top-Ranked Value Stock: Should You Buy?

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

1 month ago - Zacks Investment Research

Asbury Plans to Triple Revenue by 2025

The Asbury Automotive Group, Inc. ( ABG , Financial) has ambitions that might launch it into becoming an even bigger player in the auto aggregation business.

2 months ago - GuruFocus

Asbury's (ABG) Record Q2 Earnings and Sales Beat Estimates

Asbury (ABG) reports all-time high EPS in the second quarter. The top and bottom lines see robust year-over-year growth.

2 months ago - Zacks Investment Research

Asbury Automotive Group (ABG) Beats Q2 Earnings and Revenue Estimates

Asbury Automotive (ABG) delivered earnings and revenue surprises of 13.06% and 3.31%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Asbury Automotive Group Reports Record EPS of $9.07 for Second Quarter 2022, up 16% Over Prior Year Quarter, and Adju...

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 record second quarter 2022 net i...

2 months ago - Business Wire

Can Asbury Automotive (ABG) Keep the Earnings Surprise Streak Alive?

Asbury Automotive (ABG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 months ago - Zacks Investment Research

7 Best Retail Stocks to Buy Now

With consumer confidence at its lowest level in a decade, it won't be easy finding the best retail stocks to buy. I'll do it anyway.

Other symbols: ASOBBWIDECKDGORLYTJX
2 months ago - InvestorPlace

Asbury Automotive Group Schedules Release of Second 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 second quarter financi...

2 months ago - Business Wire

Is Asbury Automotive Group (ABG) a Great Value Stock 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...

3 months ago - Zacks Investment Research

Asbury Automotive (ABG) Soars 4.5%: Is Further Upside Left in the Stock?

Asbury Automotive (ABG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

3 months ago - Zacks Investment Research

3 Value Stocks That Could 2x in a Recession

It might be tempting to say that valuation metrics are no longer useful for certain kinds of value stocks, but you need to adjust your focus. The post 3 Value Stocks That Could 2x in a Recession appeare...

Other symbols: CVNAF
3 months ago - InvestorPlace

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

Here is how Asbury Automotive Group (ABG) and Arcos Dorados (ARCO) have performed compared to their sector so far this year.

4 months ago - Zacks Investment Research

Should Value Investors Buy Asbury Automotive Group (ABG) Stock?

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 months ago - Zacks Investment Research

Can Asbury Automotive (ABG) Climb 30% to Reach the Level Wall Street Analysts Expect?

The consensus price target hints at a 30.1% upside potential for Asbury Automotive (ABG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings es...

4 months ago - Zacks Investment Research

Asbury (ABG) Beats Q1 Earnings Mark, Lifts Long-Term Targets

Asbury (ABG) delivers a comprehensive Q1 beat, and registers massive year-over-year growth in the top and bottom lines. To investors' delight, it also boosts the buyback program by $200 million.

4 months ago - Zacks Investment Research