Asbury Automotive Group Inc (ABG) Files 10-K for the Fiscal Year Ended on December 31, 2018

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Asbury Automotive Group Inc (ABG) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Asbury Automotive Group Inc is an US-based automotive retailer. The company owns and operates approximately 90 vehicle franchises. Its franchise brand name includes BMW, Honda, Mercedes-Benz, Ford, Jaguar, Land Rover, Porsche, Toyota, Volvo and others. Asbury Automotive Group Inc has a market cap of $1.41 billion; its shares were traded at around $71.79 with a P/E ratio of 8.62 and P/S ratio of 0.21. Asbury Automotive Group Inc had annual average EBITDA growth of 21.70% over the past five years.


For the last quarter Asbury Automotive Group Inc reported a revenue of $1.8 billion, compared with the revenue of $1.7 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $6.9 billion, an increase of 6.5% from last year. For the last five years Asbury Automotive Group Inc had an average revenue growth rate of 4.5% a year.

The reported diluted earnings per share was $8.28 for the year, an increase of 25.1% from previous year. Over the last five years Asbury Automotive Group Inc had an EPS growth rate of 19.3% a year. The Asbury Automotive Group Inc had an operating margin of 4.58%, compared with the operating margin of 4.53% a year before. The 10-year historical median operating margin of Asbury Automotive Group Inc is 4.12%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Asbury Automotive Group Inc has the cash and cash equivalents of $8.30 million, compared with $4.70 million in the previous year. The company had no long term debt, compared with $862.6 million in the previous year. The interest coverage to the debt is 3.7. Asbury Automotive Group Inc has a financial strength rank of 7 (out of 10).

At the current stock price of $71.79, Asbury Automotive Group Inc is traded at close to its historical median P/S valuation band of $65.52. The P/S ratio of the stock is 0.21, while the historical median P/S ratio is 0.20. The stock gained 9.02% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Eugene S Katz sold 5,000 shares of ABG stock on 02/22/2019 at the average price of $71. The price of the stock has increased by 1.11% since.

  • Director Juanita T James sold 1,000 shares of ABG stock on 02/22/2019 at the average price of $70.69. The price of the stock has increased by 1.56% since.

  • Director Dennis E Clements sold 20,000 shares of ABG stock on 02/20/2019 at the average price of $71.1. The price of the stock has increased by 0.97% since.

  • Director Thomas C Jr Deloach sold 9,000 shares of ABG stock on 02/15/2019 at the average price of $71.67. The price of the stock has increased by 0.17% since.

  • Director Thomas C Jr Deloach sold 6,000 shares of ABG stock on 02/13/2019 at the average price of $70. The price of the stock has increased by 2.56% since.

For the complete 20-year historical financial data of ABG, click here.

This article first appeared on GuruFocus.


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