ABG icon

Asbury Automotive

216.41 USD
-2.14
0.98%
At close Apr 21, 4:00 PM EDT
After hours
217.69
+1.28
0.59%
1 day
-0.98%
5 days
-6.22%
1 month
-7.42%
3 months
-15.77%
6 months
-5.90%
Year to date
-8.46%
1 year
-0.21%
5 years
316.17%
10 years
148.38%
 

About: Asbury Automotive Group is a regional collection of automobile dealerships that went public in March 2002. The company operates 152 new-vehicle stores and 37 collision centers. Over 70% of new-vehicle revenue is from luxury and import brands. Asbury also offers third-party financing and insurance products and its own F&I products via Total Care Auto. Asbury operates in 14 states (mostly Texas, the West, the Mid-Atlantic, and the Southeast). Asbury store brands include McDavid and Park Place in Texas, Koons in the Washington, D.C. area, and the Larry H. Miller brand in the Western US. Asbury generated $17.2 billion of revenue in 2024 and is based in the Atlanta area. The firm targets at least $30 billion of revenue sometime around 2030.

Employees: 15,000

0
Funds holding %
of 7,419 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

371% more call options, than puts

Call options by funds: $53.2M | Put options by funds: $11.3M

26% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 42

3.5% more ownership

Funds ownership: 110.13% [Q3] → 113.63% (+3.5%) [Q4]

2% more funds holding

Funds holding: 304 [Q3] → 311 (+7) [Q4]

3% more capital invested

Capital invested by funds: $5.23B [Q3] → $5.41B (+$176M) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 9 [Q3] → 9 (+0) [Q4]

0% more repeat investments, than reductions

Existing positions increased: 109 | Existing positions reduced: 109

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$250
16%
upside
Avg. target
$255
18%
upside
High target
$260
20%
upside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
JP Morgan
Rajat Gupta
55% 1-year accuracy
24 / 44 met price target
16%upside
$250
Neutral
Maintained
27 Mar 2025
Stephens & Co.
Jeff Lick
36% 1-year accuracy
4 / 11 met price target
20%upside
$260
Equal-Weight
Maintained
11 Feb 2025

Financial journalist opinion

Based on 4 articles about ABG published over the past 30 days

Neutral
Business Wire
1 week ago
Asbury Automotive Group Schedules Release of First Quarter 2025 Financial Results
DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Schedules Release of First Quarter 2025 Financial Results.
Asbury Automotive Group Schedules Release of First Quarter 2025 Financial Results
Neutral
Business Wire
1 week ago
Asbury Automotive Group Releases 2024 Corporate Responsibility Report
DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., has published its 2024 Corporate Responsibility Report to present its Environmental, Social, and Governance (“ESG”) commitments and related initiatives. “As we continue working toward our mission to be the most guest-centric automotive retailer, our ESG initiatives are strengthened by the dedicated team members who make up our company. Through their ha.
Asbury Automotive Group Releases 2024 Corporate Responsibility Report
Positive
Seeking Alpha
2 weeks ago
Asbury Automotive: Attractive Given Modest Tariff Exposure
Despite a recent 25% decline, I remain bullish on Asbury Automotive Group due to its strong parts & service business and limited tariff impact. New auto tariffs may raise car prices, but ABG's earnings from maintenance services should offset most of the impact, maintaining profitability. ABG's strategic acquisitions, like Herb Chambers Companies, enhance growth, though increased leverage and reduced buybacks may temporarily affect stock performance.
Asbury Automotive: Attractive Given Modest Tariff Exposure
Neutral
Zacks Investment Research
3 weeks ago
Is the Options Market Predicting a Spike in Asbury (ABG) Stock?
Investors need to pay close attention to Asbury (ABG) stock based on the movements in the options market lately.
Is the Options Market Predicting a Spike in Asbury (ABG) Stock?
Neutral
Zacks Investment Research
1 month ago
5 Broker-Loved Stocks to Keep an Eye on Amid Trade Tensions
Investors should monitor stocks like Cardinal Health, DXC Technology, Cross Country Healthcare, Avnet and Asbury for high returns.
5 Broker-Loved Stocks to Keep an Eye on Amid Trade Tensions
Neutral
Business Wire
2 months ago
Asbury Automotive Group, Inc. Announces Appointment of Chief Operating Officer
DULUTH, Ga.--(BUSINESS WIRE)--The Board of Directors of Asbury Automotive Group, Inc. (NYSE: ABG) ("Asbury" or the "Company"), one of the largest automotive retail and service companies in the U.S., today announced that Senior Vice President of Operations Daniel E. Clara has been promoted to Chief Operating Officer effective February 17, 2025. Mr. Clara has over 23 years of extensive automotive retail experience. Prior to his 5 years as SVP of Operations, he held positions as regional vice pres.
Asbury Automotive Group, Inc. Announces Appointment of Chief Operating Officer
Neutral
Zacks Investment Research
2 months ago
ABG to Acquire Herb Chambers: Is the Stock Worth Buying Now?
Asbury's big acquisition is likely to boost growth, but inventory woes and macroeconomic uncertainties can limit its stock performance.
ABG to Acquire Herb Chambers: Is the Stock Worth Buying Now?
Neutral
Business Wire
2 months ago
Asbury Automotive Group Agrees to Acquire The Herb Chambers Companies
DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Agrees to Acquire The Herb Chambers Companies.
Asbury Automotive Group Agrees to Acquire The Herb Chambers Companies
Positive
Zacks Investment Research
2 months ago
Asbury Q4 Earnings & Sales Outperform Expectations, Rise Y/Y
ABG puts up a stellar show in the fourth quarter of 2024, driven by higher-than-expected revenues across all segments except parts and services unit.
Asbury Q4 Earnings & Sales Outperform Expectations, Rise Y/Y
Neutral
Seeking Alpha
2 months ago
Asbury Automotive Group, Inc. (ABG) Q4 2024 Earnings Call Transcript
Asbury Automotive Group, Inc. (NYSE:ABG ) Q4 2024 Earnings Conference Call January 30, 2025 10:00 AM ET Company Participants Chris Reeves - VP, Finance & Treasurer David Hult - President & CEO Daniel Clara - SVP, Operations Michael Welch - SVP & CFO Conference Call Participants John Murphy - Bank of America Rajat Gupta - JPMorgan Jeff Lick - Stephens Ryan Sigdahl - Craig-Hallum Capital Group Bret Jordan - Jefferies David Whiston - Morningstar Operator Greetings, and welcome to Asbury Automotive Group Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Asbury Automotive Group, Inc. (ABG) Q4 2024 Earnings Call Transcript
Charts implemented using Lightweight Charts™