Asbury Automotive Group, Inc. (ABG)
| Market Cap | 4.63B |
| Revenue (ttm) | 14.70B |
| Net Income (ttm) | 900.20M |
| Shares Out | 20.58M |
| EPS (ttm) | 41.79 |
| PE Ratio | 5.38 |
| Forward PE | 6.81 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 126,272 |
| Open | 226.60 |
| Previous Close | 227.48 |
| Day's Range | 222.82 - 227.00 |
| 52-Week Range | 173.69 - 256.39 |
| Beta | 1.13 |
| Analysts | Hold |
| Price Target | 205.00 (-8.88%) |
| Earnings Date | Feb 1, 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]
Financial Performance
In 2022, ABG's revenue was $15.43 billion, an increase of 56.88% compared to the previous year's $9.84 billion. Earnings were $997.30 million, an increase of 87.32%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for ABG stock is "Hold." The 12-month stock price forecast is $205.0, which is a decrease of -8.88% from the latest price.
News
Asbury Automotive Group Completes Acquisition of Jim Koons Automotive Companies
DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Completes Acquisition of Jim Koons Automotive Companies.
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 ...
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.
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...
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.
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.
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...
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.
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.
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.
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...
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 ...
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
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, ...
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...
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...
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.
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...
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...
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...
Asbury Automotive Group, Inc. Announces Appointment of Nathan Briesemeister as Vice President, Chief Accounting Officer & Controller
DULUTH, Ga.
Auto dealer stocks rally despite Wall Street's 'demand destruction' theory
Shares of AutoNation, Group 1 and other auto dealers rallied Thursday following strong third-quarter earnings and optimistic outlooks regarding consumer demand.
Asbury Automotive Group Reports Record Third Quarter 2022 Financial Results
DULUTH, Ga.
Wall Street eyes auto industry earnings for signs of 'demand destruction'
Wall Street will be watching the auto industry's earnings results for signs of weakening consumer demand amid recessionary fears.
Asbury Automotive Group Schedules Release of Third 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 third quarter financ...