Asbury Automotive Group, Inc. (ABG)
| 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...]
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 StatementsAnalyst 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.
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.
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.
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.
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.
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.
Is Asbury Automotive Group (ABG) Stock Undervalued Right Now?
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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?
3 Stocks Trading at a Discount
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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.
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...
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.
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.
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.
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?
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...
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.
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...
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...
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 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...
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.
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...
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...
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.