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ABG

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

221.38USD-0.81 (-0.36%)Market Closed

Market Summary

ABG
USD221.38-0.81
Market Closed
-0.36%

ABG Stock Price

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ABG RSI Chart

ABG Valuation

Market Cap

4.5B

Price/Earnings (Trailing)

7.52

Price/Sales (Trailing)

0.31

EV/EBITDA

8.75

Price/Free Cashflow

14.48

ABG Price/Sales (Trailing)

ABG Profitability

Operating Margin

18.62%

EBT Margin

5.41%

Return on Equity

18.57%

Return on Assets

5.93%

Free Cashflow Yield

6.91%

ABG Fundamentals

ABG Revenue

Revenue (TTM)

14.8B

Rev. Growth (Yr)

2.85%

Rev. Growth (Qtr)

3.97%

ABG Earnings

Earnings (TTM)

602.5M

Earnings Growth (Yr)

-84.29%

Earnings Growth (Qtr)

-67.2%

Breaking Down ABG Revenue

Last 7 days

2.6%

Last 30 days

-0.9%

Last 90 days

8.3%

Trailing 12 Months

7.4%

How does ABG drawdown profile look like?

ABG Financial Health

Current Ratio

1.06

Debt/Equity

0.96

Debt/Cashflow

0.1

ABG Investor Care

Buy Backs (1Y)

5.92%

Diluted EPS (TTM)

28.74

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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 23, 2024
Gradient Investments LLC
sold off
-100
-1,125
-
-%
Apr 23, 2024
FIFTH THIRD BANCORP
reduced
-2.91
406
23,578
-%
Apr 23, 2024
Global Retirement Partners, LLC
unchanged
-
166
1,179
-%
Apr 23, 2024
Livforsakringsbolaget Skandia, Omsesidigt
reduced
-67.29
-791,220
412,370
0.04%
Apr 23, 2024
Louisiana State Employees Retirement System
reduced
-0.97
87,765
2,404,960
0.05%
Apr 23, 2024
NATIONS FINANCIAL GROUP INC, /IA/ /ADV
added
16.01
161,045
907,046
0.08%
Apr 23, 2024
AMALGAMATED BANK
reduced
-15.34
-195,000
1,537,000
0.01%
Apr 22, 2024
LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE
new
-
5,385,450
5,385,450
1.02%
Apr 22, 2024
Raymond James Financial Services Advisors, Inc.
reduced
-23.7
-63,134
252,049
-%
Apr 22, 2024
MetLife Investment Management, LLC
unchanged
-
-55,483
2,447,450
0.02%

1–10 of 50

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 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
Mar 07, 2024
4
Insider Trading
Mar 07, 2024
4
Insider Trading

Peers (Alternatives to Asbury Automotive Group Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
460.6B
96.8B
-15.35% -11.04%
30.71
4.76
18.80% 19.44%
51.8B
176.2B
0.31% 7.83%
11.88
0.29
11.47% 328.08%
51.5B
174.9B
4.74% 31.53%
4.81
0.29
8.79% 14.11%
19.6B
20.1B
-10.77% -33.49%
6.67
0.98
14.65% 394.61%
11.0B
26.5B
-18.53% 1.16%
22.89
0.41
-10.61% -1.15%
MID-CAP
7.7B
15.0B
0.39% -32.20%
12.25
0.51
12.05% -33.79%
7.0B
3.0B
0.94% 70.16%
10.33
2.29
9.61% 26.74%
4.5B
14.8B
-0.86% 7.36%
7.52
0.31
-4.09% -39.59%
3.4B
20.1B
-7.94% 13.04%
-4.97
0.17
-3.55% -440.59%
2.6B
15.4B
-12.22% -25.13%
12.4
0.17
7.09% 494.44%
SMALL-CAP
1.2B
1.2B
-0.11% 97.44%
19.08
0.96
33.91% 215.64%
876.9M
6.1B
4.03% 3.03%
-26.1
0.14
4.78% -152.26%
109.6M
576.4M
7.74% -19.20%
2.91
0.19
8.84% 77.79%
50.4M
13.1M
-23.81% -83.16%
-0.41
3.85
160.69% -5.67%
6.9M
498.9K
-15.15% 150.00%
-0.2
13.86
-83.32% -48.94%

Asbury Automotive Group Inc News

Latest updates
MarketBeat • 44 hours ago
Yahoo Movies UK • 21 Apr 2024 • 10:26 am
Simply Wall St • 13 Apr 2024 • 02:41 pm

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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue4.0%3,8123,6663,7433,5823,7063,8663,9503,9122,6552,4062,5842,1932,2341,8451,4451,6071,8941,8421,8041,6711,784
Cost Of Revenue4.9%3,1392,9933,0292,8862,9683,0983,1473,1202,1121,9262,0871,8101,8621,5101,2021,3351,5921,5491,5091,3921,502
Gross Profit-0.1%673674713696738768803792542480497383372336243272302293295279282
  S&GA Expenses5.7%414392409403422438448456296269270240229207152195206202201191192
EBITDA Margin-31.3%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 Taxes-64.6%20.0057.0065.0057.0011168.0066.0076.0043.0046.0050.0027.0031.0032.0017.005.0014.0015.0019.0013.0014.00
Earnings Before Taxes-66.5%76.0022626123946527326831418419320211912012866.0024.0057.0060.0074.0054.0054.00
EBT Margin-33.2%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 Income-67.2%56.0016919618135320520123814114715293.0089.0096.0050.0020.0044.0045.0055.0041.0040.00
Net Income Margin-33.5%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 Cashflow304.4%73.0018.0021.001433.0013959.00380176342348182---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets23.1%10,1598,2558,1668,1838,0217,8167,6397,8608,0033,5713,5253,5823,6763,5312,9343,0692,9112,8172,8142,9052,695
  Current Assets48.8%3,0572,0552,0042,0501,9101,8131,6021,8141,9291,1511,1331,3181,4061,2981,5921,7531,6031,4481,5301,6291,553
    Cash Equivalents9.9%46.0042.0078.0029723514110028417933110228.001.004.006133894.002.0010.0011.008.00
  Inventory42.4%1,7681,2421,1991,0819598227837017184145607708758296361,0609851,0301,1011,1681,068
  Net PPE18.1%2,3161,9611,9401,9311,9411,9121,9741,9881,9901,1971,178951956945923924910943919915886
  Goodwill12.6%2,0091,7831,7831,7831,7832,2082,2312,2352,272570563563562889207207202272213213181
  Current Liabilities189.2%2,8769951,0501,0681,0331,1591,1571,5851,5986597591,0491,2231,2138931,1821,2471,2351,2731,4171,303
  Long Term Debt-0.5%3,1213,1373,1813,1953,2173,2623,3163,3413,5201,3281,3351,1581,1651,1741,1821,118907868871875867
Shareholder's Equity-0.1%3,2443,2493,0693,0492,9042,6432,4102,1832,1161,3011,148998906812713661646600556505473
  Retained Earnings0.4%2,9622,9502,7812,7632,6102,3382,1331,9321,8811,7411,5941,4421,3491,2601,1641,1141,0951,0511,009958923
  Additional Paid-In Capital0.1%1,2881,2871,2821,2881,2811,2831,2791,2741,279608604600596592590586583581578576573
Shares Outstanding1.5%21.0021.0021.0022.0022.0022.0022.0023.0020.0019.0019.0019.00---------
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations304.4%73,20018,10050,000171,70031,600167,80087,600409,000205,100371,300376,500210,80027,30070,600426,900127,7002,100187,20095,30065,200-96,300
  Share Based Compensation-19.2%4,2005,2005,5008,6004,2004,7004,7007,0004,0003,9003,6004,7003,4002,6003,1003,5002,1003,6002,9003,9002,300
Cashflow From Investing-5591.8%-1,588,000-27,900-7,300-55,200231,700-111,200112,900231,300-3,668,400-19,800-225,100-3,700-2,700-854,200-9,10045,200-21,400-113,90034,700-127,000-16,800
Cashflow From Financing5897.3%1,518,900-26,200-261,900-55,000-169,300-15,400-384,700-534,9003,311,600-123,200-76,900-180,700-27,300174,500-193,200212,20021,000-81,100-131,30064,400114,600
  Buy Backs-96.5%2005,700--1002008,900-1001006009,600-1001001005,00010,250---48,400

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 Tue Apr 23 2024, market cap of Asbury Automotive Group Inc is 4.53 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 Tue Apr 23 2024, ABG's PE ratio (Price to Earnings) is 7.52 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 0.141 (multiply by 100 for percentage) rate of return.