ABG - Asbury Automotive Group, Inc.
| Previous Close | 102.50 |
| Open | 103.02 |
| Bid | 102.30 x 800 |
| Ask | 102.30 x 900 |
| Day's Range | 102.07 - 103.50 |
| 52 Week Range | 65.54 - 123.45 |
| Volume | 134,254 |
| Avg. Volume | 189,604 |
| Market Cap | 1.974B |
| Beta (5Y Monthly) | 1.21 |
| PE Ratio (TTM) | 10.93 |
| EPS (TTM) | 9.35 |
| Earnings Date | Feb 03, 2020 - Feb 09, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Jul 28, 2008 |
| 1y Target Est | 115.38 |
- Zacks
Timing the Market, Is it Possible? - January 14, 2020
In the long-run, does consistent market timing really matter to be a successful investor?
- Zacks
The Zacks Analyst Blog Highlights: Asbury Automotive, Lithia Motors, Commercial Metals Company, Acushnet and MRC Global
The Zacks Analyst Blog Highlights: Asbury Automotive, Lithia Motors, Commercial Metals Company, Acushnet and MRC Global
- Zacks
Asbury Automotive Enters Oversold Territory
Asbury Automotive Group, Inc. (ABG) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.
- Zacks
Should Value Investors Pick Asbury Automotive (ABG) Stock?
Let's see if Asbury Automotive Group, Inc. (ABG) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
- Zacks
5 Growth Stocks to Buy as Middle-East Tensions Subside
The de-escalation in tensions between Washington and Tehran is likely to back Wall Street's uptrend.
- Simply Wall St.
Here's Why We Think Asbury Automotive Group (NYSE:ABG) Is Well Worth Watching
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
- Zacks
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 value, growth, and momentum trends to underscore strong picks.
- Zacks
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.
- Zacks
Asbury Automotive (ABG) Moves to Strong Buy: Rationale Behind the Upgrade
Asbury Automotive (ABG) has been upgraded to a Zacks Rank 1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- Zacks
How to Time the Markets Like an Investing Pro - December 17, 2019
Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?
- Simply Wall St.
Asbury Automotive Group, Inc. (NYSE:ABG) Earns A Nice Return On Capital Employed
Today we'll look at Asbury Automotive Group, Inc. (NYSE:ABG) and reflect on its potential as an investment...
- Moody's
Asbury Automotive Group, Inc. -- Moody's affirms Asbury's Ba2 CFR; changes outlook to stable from positive
Moody's Investors Service ("Moody's") today affirmed the ratings of Asbury Automotive Group, Inc. ("Asbury"), including the Ba2 Corporate Family rating, and changed the outlook to stable from positive. "The change in outlook to stable recognizes the impact on Asbury's quantitative profile of the additional debt that will be necessary for it to complete its planned roughly $1 billion acquisition of Park Place Motorcars, with the result that it is unlikely Asbury will be able to continue its present path towards a potential Ba1 rating within the next 12 months given pro forma leverage will exceed 4.5 times," stated Moody's Vice President Charlie O'Shea. "That said, Moody's views the proposed acquisition favorably even considering the very high multiple and integration risks as it improves Asbury's position in the lucrative Texas market with premium brands to augment the David McDavid stores, as well as providing it with a key Land Rover/Jaguar open point," continued O'Shea.
- American City Business Journals
Asbury to pick up Park Place dealerships in $1B transaction
Park Place Dealerships Founder Ken Schnitzer will sell 14 dealerships to one of the largest automotive companies in the country in a $1 billion all-cash transaction.
- MarketWatch
Asbury Automotive to acquire luxury dealerships from Park Place in cash deal valued at $1 billion
Asbury Automotive Group Inc. said Thursday it has reached an agreement to acquire assets of Park Place Dealerships in an all-cash deal valued at $1 billion. Park Place has a portfolio of luxury dealerships that will increase the car retailer's geographic mix to 36% of revenue coming from the Texas market and about 50% of revenue coming from luxury brands. The deal is expected to add about $2 billion in annualized revenue and to close in the first quarter of 2020. "Their portfolio of stores comes with a strong base of loyal clients and 2,100 long-term team members throughout the high growth Dallas/Fort Worth market," Asbury Chief Executive David Hult said in a statement. "We are also excited to grow our presence in Austin, Texas with a Jaguar/Land Rover open point, which is another high growth luxury market." The deal is expected to boost 2020 EPS by $1.00 to $1.25, excluding the impact of transaction costs. The company expects to book pretax costs of 5 cents a share to 10 cents a share in the fourth quarter. Asbury shares were not active premarket, but have gained 72% in 2019, while the S&P 500 has gained 25%.
- PR Newswire
Asbury Automotive Group Announces The Acquisition Of Park Place Dealerships
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., entered into a definitive agreement to acquire certain assets of Park Place Dealerships, one of the country's largest and most prominent luxury dealer groups, for $1 billion in an all-cash transaction, excluding vehicle inventory.
- American City Business Journals
Auto magnate and philanthropist Luther Coggin passes away at age 88
Starting with one dealership, Coggin built an empire — and then used his wealth to help shape the city.
- Insider Monkey
Is Asbury Automotive Group, Inc. (ABG) A Good Stock To Buy?
The first quarter was a breeze as Powell pivoted, and China seemed eager to reach a deal with Trump. Both the S&P 500 and Russell 2000 delivered very strong gains as a result, with the Russell 2000, which is composed of smaller companies, outperforming the large-cap stocks slightly during the first quarter. Unfortunately sentiment shifted […]
- Zacks
The Keys to Successfully Timing the Markets - November 25, 2019
Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?
- Simply Wall St.
A Closer Look At Asbury Automotive Group, Inc.'s (NYSE:ABG) Impressive ROE
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- Zacks
Is Asbury Automotive Group (ABG) Stock Outpacing Its Retail-Wholesale Peers This Year?
Is (ABG) Outperforming Other Retail-Wholesale Stocks This Year?
- Zacks
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 value, growth, and momentum trends to underscore strong picks.
- Zacks
Top Ranked Growth Stocks to Buy for November 5th
Top Ranked Growth Stocks to Buy for November 5th
- Zacks
All You Need to Know About Asbury Automotive (ABG) Rating Upgrade to Buy
Asbury Automotive (ABG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).
- Insider Monkey
Were Hedge Funds Right About Warming Up To Asbury Automotive Group, Inc. (ABG)?
We are still in an overall bull market and many stocks that smart money investors were piling into surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Hedge funds' top 3 stock picks returned 34.4% this year and beat the S&P […]
