William Stax - Asbury Automotive President

ABG Stock  USD 260.03  3.69  1.40%   

President

Mr. William Frederick Stax is appointed as a Chief Accounting Officer, Corporationrationrate Controller of the Company effective July 5, 2017. Mr. Stax served as the Companys Assistant Corporationrationrate Controller from December 2011 until July 2015. Prior thereto, Mr. Stax served in various finance and accounting roles at the Company, including Manager of Financial Reporting from 2008 to 2011, Corporationrationrate ControllerSouth Region from 2003 to 2008 and Manager of Internal Audit from 2002 to 2003. Prior to joining the Company, Mr. Stax spent 6 years as a Certified Public Accountant with Arthur Andersen LLP. since 2021.
Age 48
Tenure 3 years
Address 2905 Premiere Parkway NW, Duluth, GA, United States, 30097
Phone770 418 8200
Webhttps://www.asburyauto.com

Asbury Automotive Management Efficiency

The company has Return on Asset of 0.0663 % which means that on every $100 spent on assets, it made $0.0663 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.108 %, implying that it generated $0.108 on every 100 dollars invested. Asbury Automotive's management efficiency ratios could be used to measure how well Asbury Automotive manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Asbury Automotive's Return On Tangible Assets are most likely to increase slightly in the upcoming years. The Asbury Automotive's current Return On Assets is estimated to increase to 0.06, while Return On Capital Employed is projected to decrease to 0.10. At this time, Asbury Automotive's Other Current Assets are most likely to increase significantly in the upcoming years. The Asbury Automotive's current Intangible Assets is estimated to increase to about 2.2 B, while Other Assets are projected to decrease to roughly 95 K.
Asbury Automotive Group has 5.48 B in debt with debt to equity (D/E) ratio of 1.59, which is OK given its current industry classification. Asbury Automotive has a current ratio of 1.53, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Asbury to invest in growth at high rates of return.

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Asbury Automotive Group, Inc., together with its subsidiaries, operates as an automotive retailer in the United States. Asbury Automotive Group, Inc. was founded in 1996 and is headquartered in Duluth, Georgia. Asbury Automotive operates under Auto Truck Dealerships classification in the United States and is traded on New York Stock Exchange. It employs 14200 people. Asbury Automotive Group (ABG) is traded on New York Stock Exchange in USA. It is located in 2905 Premiere Parkway NW, Duluth, GA, United States, 30097 and employs 15,000 people. Asbury Automotive is listed under Automotive Retail category by Fama And French industry classification.

Management Performance

Asbury Automotive Leadership Team

Elected by the shareholders, the Asbury Automotive's board of directors comprises two types of representatives: Asbury Automotive inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Asbury. The board's role is to monitor Asbury Automotive's management team and ensure that shareholders' interests are well served. Asbury Automotive's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Asbury Automotive's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas DeLoach, Lead Independent Non-Executive Chairman of the Board
Barry Cohen, Chief VP
Nathan Briesemeister, Chief VP
Michael Welch, Chief Financial Officer, Senior Vice President
Barbara Jesup, Chief Exec
Thomas Reddin, Non-Executive Independent Chairman of the Board
Eugene Katz, Independent Director
Maureen Morrison, Independent Director
Patrick Guido, Chief Financial Officer, Senior Vice President
Philip Maritz, Independent Director
William Stax, Interim Principal Financial Officer, Chief Accounting Officer, Vice President, Controller
Jed Milstein, Chief Human Resource Officer, Senior Vice President
Bridget RyanBerman, Independent Director
Karen Reid, VP Treasurer
Joel Alsfine, Independent Director
Michael CPA, Senior CFO
Daniel Clara, Senior Vice President - Operations
Hilliard Terry, Independent Director
George Villasana, Senior Vice President, Chief Legal Officer & Secretary
David Hult, President, Chief Executive Officer, Director
Miran Maric, Senior Vice President - Strategy & Innovation
Dean Calloway, General SVP
William Fay, Independent Director
Juanita James, Independent Director
George JD, Special Advisor

Asbury Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Asbury Automotive a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Asbury Automotive is a strong investment it is important to analyze Asbury Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Asbury Automotive's future performance. For an informed investment choice regarding Asbury Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asbury Automotive Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
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Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Asbury Automotive. If investors know Asbury will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Asbury Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.22)
Earnings Share
17.81
Revenue Per Share
815.614
Quarterly Revenue Growth
0.156
Return On Assets
0.0663
The market value of Asbury Automotive is measured differently than its book value, which is the value of Asbury that is recorded on the company's balance sheet. Investors also form their own opinion of Asbury Automotive's value that differs from its market value or its book value, called intrinsic value, which is Asbury Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Asbury Automotive's market value can be influenced by many factors that don't directly affect Asbury Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Asbury Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asbury Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asbury Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.