StocksFundsScreenerSectorsWatchlists
ABG

ABG - Asbury Automotive Group Inc Stock Price, Fair Value and News

222.27USD+5.15 (+2.37%)Delayed

Market Summary

ABG
USD222.27+5.15
Delayed
2.37%

ABG Stock Price

View Fullscreen

ABG RSI Chart

ABG Valuation

Market Cap

4.5B

Price/Earnings (Trailing)

7.94

Price/Sales (Trailing)

0.29

EV/EBITDA

9.17

Price/Free Cashflow

14.17

ABG Price/Sales (Trailing)

ABG Profitability

Operating Margin

18.22%

EBT Margin

4.92%

Return on Equity

16.98%

Return on Assets

5.61%

Free Cashflow Yield

7.06%

ABG Fundamentals

ABG Revenue

Revenue (TTM)

15.4B

Rev. Growth (Yr)

17.28%

Rev. Growth (Qtr)

10.22%

ABG Earnings

Earnings (TTM)

568.2M

Earnings Growth (Yr)

-18.91%

Earnings Growth (Qtr)

165.05%

Breaking Down ABG Revenue

Last 7 days

3.3%

Last 30 days

-4.9%

Last 90 days

3.9%

Trailing 12 Months

15.1%

How does ABG drawdown profile look like?

ABG Financial Health

Current Ratio

1.06

Debt/Equity

0.93

Debt/Cashflow

0.1

ABG Investor Care

Buy Backs (1Y)

6.02%

Diluted EPS (TTM)

27.58

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202415.4B000
202315.1B14.9B14.7B14.8B
202211.6B12.9B14.4B15.4B
20217.7B8.9B9.4B9.8B
20207.1B6.8B6.8B7.1B
20196.9B7.0B7.1B7.2B
20186.5B6.6B6.8B6.9B
20176.5B6.5B6.5B6.5B
20166.6B6.5B6.5B6.5B
20156.1B6.2B6.5B6.6B
20145.5B5.6B5.7B5.9B
20134.8B5.0B5.2B5.3B
20124.2B4.3B4.5B4.6B
20113.9B3.9B4.0B4.1B
201003.5B3.6B3.8B
20090003.4B

Tracking the Latest Insider Buys and Sells of Asbury Automotive Group Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 12, 2024
milstein jed
sold
-826,595
209
-3,955
svp & chro
Mar 08, 2024
maric miran
sold
-550,264
211
-2,600
svp, strategy & innovation
Mar 08, 2024
james juanita t
gifted
-
-
-220
-
Mar 07, 2024
briesemeister nathan edward
sold
-31,460
209
-150
vp, controller & cao
Mar 06, 2024
milstein jed
acquired
-
-
572
svp & chro
Mar 06, 2024
maric miran
acquired
-
-
450
svp, strategy & innovation
Mar 06, 2024
clara daniel
acquired
-
-
695
svp, operations
Mar 06, 2024
hult david w
sold (taxes)
-376,465
205
-1,834
president & ceo
Mar 06, 2024
welch michael
sold (taxes)
-60,349
205
-294
svp & cfo
Mar 06, 2024
villasana george a
acquired
-
-
654
svp, clo & secretary

1–10 of 50

Which funds bought or sold ABG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 25, 2024
NEW YORK STATE TEACHERS RETIREMENT SYSTEM
reduced
-0.71
129,000
3,297,000
0.01%
Apr 25, 2024
Allworth Financial LP
added
36.36
1,062
3,537
-%
Apr 25, 2024
Zurcher Kantonalbank (Zurich Cantonalbank)
reduced
-9.83
-48,677
837,255
-%
Apr 25, 2024
Lindbrook Capital, LLC
unchanged
-
172
3,772
-%
Apr 25, 2024
Bank of New York Mellon Corp
reduced
-7.12
-1,223,570
44,800,700
0.01%
Apr 25, 2024
SIMPLEX TRADING, LLC
new
-
211,000
211,000
-%
Apr 24, 2024
Spire Wealth Management
unchanged
-
939
7,073
-%
Apr 24, 2024
Cambridge Investment Research Advisors, Inc.
added
7.47
32,000
282,000
-%
Apr 24, 2024
Newbridge Financial Services Group, Inc.
new
-
707
707
-%
Apr 24, 2024
Assenagon Asset Management S.A.
new
-
9,822,830
9,822,830
0.02%

1–10 of 48

Are Funds Buying or Selling ABG?

Are funds buying ABG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ABG
No. of Funds

Unveiling Asbury Automotive Group Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
11.27%
2,319,293
SC 13G/A
Feb 12, 2024
neuberger berman group llc
6.96%
1,432,755
SC 13G/A
Feb 09, 2024
abrams capital management, l.p.
8.3%
-
SC 13G/A
Jan 22, 2024
blackrock inc.
16.0%
3,289,602
SC 13G/A
Feb 10, 2023
neuberger berman group llc
6.86%
1,518,499
SC 13G/A
Feb 09, 2023
vanguard group inc
11.29%
2,499,411
SC 13G/A
Jan 26, 2023
blackrock inc.
15.8%
3,504,325
SC 13G/A
Jan 20, 2023
blackrock inc.
15.8%
3,504,325
SC 13G/A
Apr 08, 2022
impactive capital lp
8.6%
2,004,928
SC 13D/A
Feb 14, 2022
abrams capital management, l.p.
7.42%
-
SC 13G/A

Recent SEC filings of Asbury Automotive Group Inc

View All Filings
Date Filed Form Type Document
Apr 26, 2024
10-Q
Quarterly Report
Apr 25, 2024
8-K
Current Report
Apr 19, 2024
8-K
Current Report
Apr 03, 2024
DEF 14A
DEF 14A
Mar 13, 2024
4
Insider Trading
Mar 12, 2024
144
Notice of Insider Sale Intent
Mar 11, 2024
4
Insider Trading
Mar 11, 2024
4
Insider Trading
Mar 11, 2024
4
Insider Trading
Mar 08, 2024
144
Notice of Insider Sale Intent

Peers (Alternatives to Asbury Automotive Group Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
536.7B
94.7B
-6.42% 5.06%
39.42
5.66
10.12% 15.85%
52.3B
174.9B
2.74% 40.01%
4.88
0.3
8.79% 14.11%
50.8B
177.5B
-2.22% 9.99%
12.92
0.29
7.54% 33.01%
19.9B
20.1B
-9.46% -29.96%
6.76
0.99
14.65% 394.61%
10.9B
26.5B
-20.04% -1.21%
22.84
0.41
-10.61% -1.15%
MID-CAP
7.6B
15.0B
-4.35% -30.33%
12.2
0.51
12.05% -33.79%
6.5B
3.1B
-7.81% 63.39%
9.7
2.11
8.82% 17.48%
4.5B
15.4B
-4.90% 15.05%
7.94
0.29
2.10% -39.62%
3.4B
20.1B
-12.90% 10.47%
-4.88
0.17
-3.55% -440.59%
2.8B
15.4B
-8.32% -16.66%
13.03
0.18
7.09% 494.44%
SMALL-CAP
1.1B
1.2B
-10.22% 86.09%
17.86
0.9
33.91% 215.64%
880.4M
6.1B
1.90% 8.36%
-26.2
0.14
4.78% -152.26%
106.6M
576.4M
4.75% -22.93%
2.83
0.18
8.84% 77.79%
50.4M
13.1M
-30.43% -82.96%
-0.41
3.85
160.69% -5.67%
7.0M
498.9K
-15.06% 171.15%
-0.2
13.95
-83.32% -48.94%

Asbury Automotive Group Inc News

Latest updates
MarketBeat • 8 hours ago
Houston Chronicle • 25 Apr 2024 • 11:47 pm
Zacks Investment Research • 25 Apr 2024 • 11:32 am
Yahoo Finance • 25 Apr 2024 • 11:00 am
Simply Wall St • 13 Apr 2024 • 07:00 am

Asbury Automotive Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue10.2%4,2013,8123,6663,7433,5823,7063,8663,9503,9122,6552,4062,5842,1932,2341,8451,4451,6071,8941,8421,8041,671
Cost Of Revenue10.0%3,4513,1392,9933,0292,8862,9683,0983,1473,1202,1121,9262,0871,8101,8621,5101,2021,3351,5921,5491,5091,392
Gross Profit11.4%750673674713696738768803792542480497383372336243272302293295279
  S&GA Expenses13.2%469414392409403422438448456296269270240229207152195206202201191
EBITDA Margin-8.5%0.05*0.06*0.09*0.09*0.09*0.09*0.08*0.08*0.08*0.08*0.07*0.07*0.06*--------
Income Taxes142.8%49.0020.0057.0065.0057.0011168.0066.0076.0043.0046.0050.0027.0031.0032.0017.005.0014.0015.0019.0013.00
Earnings Before Taxes158.8%19676.0022626123946527326831418419320211912012866.0024.0057.0060.0074.0054.00
EBT Margin-9.1%0.05*0.05*0.08*0.08*0.08*0.09*0.07*0.07*0.08*0.07*0.07*0.06*0.06*--------
Net Income165.0%14756.0016919618135320520123814114715293.0089.0096.0050.0020.0044.0045.0055.0041.00
Net Income Margin-9.5%0.04*0.04*0.06*0.06*0.06*0.06*0.05*0.06*0.06*0.05*0.05*0.05*0.04*--------
Free Cashflow141.9%17773.00-10.8021.001433.0013959.00380176342348182--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.3%10,13210,1598,2558,1668,1838,0217,8167,6397,8608,0033,5713,5253,5823,6763,5312,9343,0692,9112,8172,8142,905
  Current Assets-4.4%2,9223,0572,0552,0042,0501,9101,8131,6021,8141,9291,1511,1331,3181,4061,2981,5921,7531,6031,4481,5301,629
    Cash Equivalents-36.5%29.0046.0042.0078.0029723514110028417933110228.001.004.006133894.002.0010.0011.00
  Inventory5.3%1,8631,7681,2421,1991,0819598227837017184145607708758296361,0609851,0301,1011,168
  Net PPE4.0%2,4082,3161,9611,9401,9311,9411,9121,9741,9881,9901,1971,178951956945923924910943919915
  Goodwill0.3%2,0152,0091,7831,7831,7831,7832,2082,2312,2352,272570563563562889207207202272213213
  Current Liabilities-4.1%2,7572,8769951,0501,0681,0331,1591,1571,5851,5986597591,0491,2231,2138931,1821,2471,2351,2731,417
  Long Term Debt-0.4%3,1083,1213,1373,1813,1953,2173,2623,3163,3413,5201,3281,3351,1581,1651,1741,1821,118907868871875
Shareholder's Equity3.2%3,3473,2443,2493,0693,0492,9042,6432,4102,1832,1161,3011,148998906812713661646600556505
  Retained Earnings3.4%3,0622,9622,9502,7812,7632,6102,3382,1331,9321,8811,7411,5941,4421,3491,2601,1641,1141,0951,0511,009958
  Additional Paid-In Capital0.6%1,2961,2881,2871,2821,2881,2811,2831,2791,2741,279608604600596592590586583581578576
Shares Outstanding-2.9%20.0021.0021.0021.0022.0022.0022.0022.0023.0020.0019.0019.00---------
Float----4,920---3,720---3,280---1,480---1,610-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations141.9%177,10073,20018,10050,000171,70031,600167,80087,600409,000205,100371,300376,500210,80027,30070,600426,900127,7002,100187,20095,30065,200
  Share Based Compensation150.0%10,5004,2005,2005,5008,6004,2004,7004,7007,0004,0003,9003,6004,7003,4002,6003,1003,5002,1003,6002,9003,900
Cashflow From Investing99.1%-13,600-1,588,000-27,900-7,300-55,200231,700-111,200112,900231,300-3,668,400-19,800-225,100-3,700-2,700-854,200-9,10045,200-21,400-113,90034,700-127,000
Cashflow From Financing-111.9%-180,2001,518,900-26,200-261,900-55,000-169,300-15,400-384,700-534,9003,311,600-123,200-76,900-180,700-27,300174,500-193,200212,20021,000-81,100-131,30064,400
  Buy Backs-100.0%-2005,700--1002008,900-1001006009,600-1001001005,00010,250---

ABG Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
REVENUE:   
Finance and insurance, net$ 676.2$ 797.0$ 405.1
TOTAL REVENUE14,802.715,433.89,837.7
COST OF SALES:   
New vehicle6,927.86,521.6 
Used vehicle4,150.24,843.8 
Parts and service931.0921.6 
Finance and insurance37.946.33.6
TOTAL COST OF SALES12,046.912,333.37,935.5
GROSS PROFIT2,755.83,100.61,902.2
OPERATING EXPENSES:   
Selling, general, and administrative1,617.41,763.41,073.9
Depreciation and amortization67.769.041.9
Asset impairments117.20.00.0
Other operating income, net0.0(4.4)(5.4)
INCOME FROM OPERATIONS953.51,272.6791.8
OTHER EXPENSES (INCOME):   
Floor plan interest expense9.68.48.2
Other interest expense, net156.1152.293.9
Gain on dealership divestitures, net(13.5)(207.1)(8.0)
Total other expenses (income), net152.2(46.5)94.1
INCOME BEFORE INCOME TAXES801.31,319.1697.7
Income tax expense198.8321.8165.3
NET INCOME$ 602.5$ 997.3$ 532.4
Basic—   
Net income (in dollars per share)$ 28.87$ 44.78$ 26.75
Diluted—   
Net income (in dollars per share)$ 28.74$ 44.61$ 26.49
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:   
Basic (in shares)20.922.319.9
Diluted (in shares)21.022.420.1
Restricted Stock Awards   
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:   
Performance share units (in shares)0.00.10.1
Performance Share Units   
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:   
Performance share units (in shares)0.10.00.1
New vehicle   
REVENUE:   
REVENUE:$ 7,630.7$ 7,365.6$ 4,934.1
COST OF SALES:   
New vehicle  4,443.6
Used vehicle   
REVENUE:   
REVENUE:4,414.35,197.13,315.6
COST OF SALES:   
Used vehicle  3,027.3
Parts and services   
REVENUE:   
REVENUE:$ 2,081.5$ 2,074.21,182.9
COST OF SALES:   
Parts and service  $ 461.0

ABG Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:  
Cash and cash equivalents$ 45.7$ 235.3
Short term investments6.25.4
Contracts-in-transit, net279.7220.8
Accounts receivable, net226.1171.9
Inventories, net1,768.3959.2
Assets held for sale342.229.1
Other current assets388.9288.1
Total current assets3,057.11,909.8
INVESTMENTS326.7235.0
PROPERTY AND EQUIPMENT, net2,315.71,941.0
OPERATING LEASE RIGHT-OF-USE ASSETS241.8235.4
GOODWILL2,009.01,783.4
INTANGIBLE FRANCHISE RIGHTS2,095.81,800.1
OTHER LONG-TERM ASSETS113.3116.7
Total assets10,159.48,021.4
CURRENT LIABILITIES:  
Floor plan notes payable—trade, net195.151.0
Floor plan notes payable—non-trade, net1,590.60.0
Current maturities of long-term debt84.984.5
Current maturities of operating leases26.223.6
Accounts payable and accrued liabilities748.1645.0
Deferred revenue—current228.6218.9
Liabilities associated with assets held for sale2.110.5
Total current liabilities2,875.71,033.4
LONG-TERM DEBT3,121.23,216.8
LONG-TERM LEASE LIABILITY222.1218.4
DEFERRED REVENUE508.1495.0
DEFERRED INCOME TAXES136.4100.7
OTHER LONG-TERM LIABILITIES51.753.5
COMMITMENTS AND CONTINGENCIES (Note 21)
SHAREHOLDERS' EQUITY:  
Preferred stock, $.01 par value, 10,000,000 shares authorized; none issued or outstanding0.00.0
Common stock, $.01 par value, 90,000,000 shares authorized; 42,352,001 and 43,593,809 shares issued, including shares held in treasury, respectively0.40.4
Additional paid-in capital1,288.41,281.4
Retained earnings2,961.52,610.1
Treasury stock, at cost; 22,018,537 and 22,024,479 shares, respectively(1,067.3)(1,063.0)
Accumulated other comprehensive income61.174.4
Total shareholders' equity3,244.12,903.5
Total liabilities and shareholders' equity$ 10,159.4$ 8,021.4
Treasury stock (in shares)22,018,53722,024,479
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, and disability and accident insurance. Asbury Automotive Group, Inc. was founded in 1996 and is based in Duluth, Georgia.
 CEO
 WEBSITEasburyauto.com
 INDUSTRYAutos
 EMPLOYEES13000

Asbury Automotive Group Inc Frequently Asked Questions


What is the ticker symbol for Asbury Automotive Group Inc? What does ABG stand for in stocks?

ABG is the stock ticker symbol of Asbury Automotive Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Asbury Automotive Group Inc (ABG)?

As of Fri Apr 26 2024, market cap of Asbury Automotive Group Inc is 4.54 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ABG stock?

You can check ABG's fair value in chart for subscribers.

What is the fair value of ABG stock?

You can check ABG's fair value in chart for subscribers. The fair value of Asbury Automotive Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Asbury Automotive Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ABG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Asbury Automotive Group Inc a good stock to buy?

The fair value guage provides a quick view whether ABG is over valued or under valued. Whether Asbury Automotive Group Inc is cheap or expensive depends on the assumptions which impact Asbury Automotive Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ABG.

What is Asbury Automotive Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, ABG's PE ratio (Price to Earnings) is 7.53 and Price to Sales (PS) ratio is 0.31. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ABG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Asbury Automotive Group Inc's stock?

In the past 10 years, Asbury Automotive Group Inc has provided 0.139 (multiply by 100 for percentage) rate of return.