ABG icon

Asbury Automotive

225.25 USD
+4.41
2.00%
At close Apr 1, 4:00 PM EDT
After hours
225.25
+0.00
0.00%
1 day
2.00%
5 days
-7.51%
1 month
-13.22%
3 months
-4.72%
6 months
-3.48%
Year to date
-4.72%
1 year
-3.88%
5 years
376.72%
10 years
173.83%
 

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 7,398 funds
Analysts bullish %

Fund manager confidence

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

371% more call options, than puts

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

29% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 41

2.79% more ownership

Funds ownership: 110.91% [Q3] → 113.7% (+2.79%) [Q4]

3% more funds holding

Funds holding: 303 [Q3] → 311 (+8) [Q4]

3% more capital invested

Capital invested by funds: $5.27B [Q3] → $5.41B (+$142M) [Q4]

0% more funds holding in top 10

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

2% less repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 110

Research analyst outlook

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

Low target
$250
11%
upside
Avg. target
$255
13%
upside
High target
$260
15%
upside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
JP Morgan
Rajat Gupta
54% 1-year accuracy
25 / 46 met price target
11%upside
$250
Neutral
Maintained
27 Mar 2025
Stephens & Co.
Jeff Lick
27% 1-year accuracy
3 / 11 met price target
15%upside
$260
Equal-Weight
Maintained
11 Feb 2025

Financial journalist opinion

Neutral
Zacks Investment Research
5 days 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
3 weeks 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
1 month 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
1 month 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
1 month 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
1 month 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
Neutral
Zacks Investment Research
2 months ago
Asbury Automotive (ABG) Reports Q4 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Asbury Automotive (ABG) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Asbury Automotive (ABG) Reports Q4 Earnings: What Key Metrics Have to Say
Positive
Zacks Investment Research
2 months ago
Asbury Automotive Group (ABG) Surpasses Q4 Earnings and Revenue Estimates
Asbury Automotive Group (ABG) came out with quarterly earnings of $7.26 per share, beating the Zacks Consensus Estimate of $6.07 per share. This compares to earnings of $7.12 per share a year ago.
Asbury Automotive Group (ABG) Surpasses Q4 Earnings and Revenue Estimates
Neutral
Business Wire
2 months ago
Asbury Automotive Group Reports Record Fourth Quarter 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 2024 net income of $129 million ($6.54 per diluted share), an increase of 132% from $56 million ($2.70 per diluted share) in fourth quarter 2023. The Company reported fourth quarter 2024 adjusted net income, a non-GAAP measure, of $143 million ($7.26 per diluted share), a decrease of 2% from $146 million ($7.12 p.
Asbury Automotive Group Reports Record Fourth Quarter Results
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