Our top pick for
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Asbury Automotive Group, Inc is an auto & truck dealerships business based in the US. Asbury Automotive Group shares (ABG) are listed on the NYSE and all prices are listed in US Dollars. Asbury Automotive Group employs 8,500 staff and has a trailing 12-month revenue of around USD$6.8 billion.
Since the stock market crash in March caused by coronavirus, Asbury Automotive Group's share price has had significant positive movement.
Its last market close was USD$114.66, which is 13.23% up on its pre-crash value of USD$99.49 and 191.31% up on the lowest point reached during the March crash when the shares fell as low as USD$39.36.
If you had bought USD$1,000 worth of Asbury Automotive Group shares at the start of February 2020, those shares would have been worth USD$461.41 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,154.63.
|Latest market close||USD$114.66|
|52-week range||USD$39.36 - USD$129.78|
|50-day moving average||USD$115.1308|
|200-day moving average||USD$96.5456|
|Wall St. target price||USD$127.13|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$10.81|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-19)||-5.12%|
|1 month (2020-10-27)||8.13%|
|3 months (2020-08-27)||10.53%|
|6 months (2020-05-27)||44.99%|
|1 year (2019-11-26)||2.68%|
|2 years (2018-11-26)||60.34%|
|3 years (2017-11-24)||80.28%|
|5 years (2015-11-25)||49.32%|
Valuing Asbury Automotive Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Asbury Automotive Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Asbury Automotive Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Asbury Automotive Group shares trade at around 11x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Asbury Automotive Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.0118. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Asbury Automotive Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Asbury Automotive Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$395.4 million.
The EBITDA is a measure of a Asbury Automotive Group's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$6.8 billion|
|Operating margin TTM||5.26%|
|Gross profit TTM||USD$1.2 billion|
|Return on assets TTM||7.03%|
|Return on equity TTM||29.59%|
|Market capitalisation||USD$2.3 billion|
TTM: trailing 12 months
There are currently 2.3 million Asbury Automotive Group shares held short by investors – that's known as Asbury Automotive Group's "short interest". This figure is 14.4% up from 2.0 million last month.
There are a few different ways that this level of interest in shorting Asbury Automotive Group shares can be evaluated.
Asbury Automotive Group's "short interest ratio" (SIR) is the quantity of Asbury Automotive Group shares currently shorted divided by the average quantity of Asbury Automotive Group shares traded daily (recently around 211983.10626703). Asbury Automotive Group's SIR currently stands at 11.01. In other words for every 100,000 Asbury Automotive Group shares traded daily on the market, roughly 11010 shares are currently held short.
However Asbury Automotive Group's short interest can also be evaluated against the total number of Asbury Automotive Group shares, or, against the total number of tradable Asbury Automotive Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Asbury Automotive Group's short interest could be expressed as 0.12% of the outstanding shares (for every 100,000 Asbury Automotive Group shares in existence, roughly 120 shares are currently held short) or 0.1707% of the tradable shares (for every 100,000 tradable Asbury Automotive Group shares, roughly 171 shares are currently held short).
A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the share price and a discouraging interest in betting against Asbury Automotive Group.
Find out more about how you can short Asbury Automotive Group stock.
We're not expecting Asbury Automotive Group to pay a dividend over the next 12 months.
Asbury Automotive Group's shares were split on a 1:2 basis on 16 June 2009. So if you had owned 2 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Asbury Automotive Group shares – just the quantity. However, indirectly, the new 100% higher share price could have impacted the market appetite for Asbury Automotive Group shares which in turn could have impacted Asbury Automotive Group's share price.
Over the last 12 months, Asbury Automotive Group's shares have ranged in value from as little as $39.36 up to $129.78. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Asbury Automotive Group's is 1.7976. This would suggest that Asbury Automotive Group's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
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 credit life and disability insurance. As of December 31, 2019, the company owned and operated 107 new vehicle franchises representing 31 brands of automobiles at 88 dealership locations; and 25 collision centers in the United States. Asbury Automotive Group, Inc. was founded in 1996 and is headquartered in Duluth, Georgia.
Everything we know about the NewRez IPO, plus information on how to buy in.
Everything we know about the Perella Weinberg IPO, plus information on how to buy in.
Everything we know about the Nanobiotix IPO, plus information on how to buy in.
Everything we know about the Diversey IPO, plus information on how to buy in.
Everything we know about the Certara IPO, plus information on how to buy in.
Everything we know about the Arrival IPO, plus information on how to buy in.
Everything we know about the iSpecimen IPO, plus information on how to buy in.
Everything we know about the IDEX Biometrics ASA IPO, plus information on how to buy in.
Steps to owning and managing MYSZ, with 24-hour and historical pricing before you buy.
Steps to owning and managing MG, with 24-hour and historical pricing before you buy.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.