Asbury Automotive Group Stock Today
ABG Stock | USD 259.83 0.20 0.08% |
Performance6 of 100
| Odds Of DistressLess than 3
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Asbury Automotive is trading at 259.83 as of the 30th of November 2024. This is a 0.08 percent decrease since the beginning of the trading day. The stock's lowest day price was 259.17. Asbury Automotive has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Asbury Automotive Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain Consumer Discretionary Distribution & Retail | IPO Date 21st of March 2002 | Category Consumer Cyclical | Classification Consumer Discretionary |
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. The company has 19.59 M outstanding shares of which 2.2 M shares are presently shorted by investors with about 10.53 days to cover. More on Asbury Automotive Group
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Asbury Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
CEO | David Hult | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Ideas | Showing 3 out of 4 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Old Name | Abengoa S.A. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Automotive Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NYSE Composite, SP Small-Cap 600, SPASX 300, SP RETAIL SELECT, ASX Small Ordinaries, Marketing, Stores, Retail, SRI Sustainable Growth, Consumer Discretionary, Specialty Retail, Auto & Truck Dealerships, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsAsbury Automotive can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Asbury Automotive's financial leverage. It provides some insight into what part of Asbury Automotive's total assets is financed by creditors.
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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. The company currently falls under 'Mid-Cap' category with a total capitalization of 5.09 B. Asbury Automotive runs under Specialty Retail sector within Consumer Discretionary industry. The entity has 19.59 M outstanding shares of which 2.2 M shares are presently shorted by investors with about 10.53 days to cover.
Asbury Automotive Group has about 235.3 M in cash with 313 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.01.
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Ownership AllocationThe majority of Asbury Automotive Group outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Asbury Automotive to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Asbury Automotive. Please pay attention to any change in the institutional holdings of Asbury Automotive Group as this could imply that something significant has changed or is about to change at the company.
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Asbury Stock Institutional Holders
Instituion | Recorded On | Shares | |
Geode Capital Management, Llc | 2024-09-30 | 466.6 K | |
Jpmorgan Chase & Co | 2024-06-30 | 319.7 K | |
Madison Asset Management, Llc | 2024-09-30 | 306.6 K | |
T. Rowe Price Investment Management,inc. | 2024-09-30 | 277.2 K | |
Channing Capital Management, Llc | 2024-09-30 | 275.6 K | |
Norges Bank | 2024-06-30 | 262.5 K | |
Northern Trust Corp | 2024-09-30 | 219.1 K | |
Charles Schwab Investment Management Inc | 2024-09-30 | 208.5 K | |
Bank Of New York Mellon Corp | 2024-06-30 | 197.8 K | |
Blackrock Inc | 2024-06-30 | 3.1 M | |
Vanguard Group Inc | 2024-09-30 | 2.2 M |
Asbury Automotive Historical Income Statement
Asbury Stock Against Markets
Asbury Automotive Corporate Directors
Eugene Katz | Independent Director | Profile | |
Maureen Morrison | Independent Director | Profile | |
Philip Maritz | Independent Director | Profile | |
Bridget RyanBerman | Independent Director | Profile |
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The danger of trading Asbury Automotive Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Asbury Automotive is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Asbury Automotive. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Asbury Automotive is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.