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How to buy Asbury Automotive Group stock | 114.66
Own Asbury Automotive Group stock in just a few minutes.
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.
How to buy shares in Asbury Automotive Group
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for Asbury Automotive Group. Find the stock by name or ticker symbol: ABG. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Asbury Automotive Group reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of USD$114.66, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Asbury Automotive Group, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Asbury Automotive Group. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- ABG shares summary
- Compare share dealing platforms
- Is ABG stock a buy or sell?
- Stock performance over time
- Can I short ABG shares?
- Are ABG shares over-valued?
- Asbury Automotive Group's financials
- How volatile are ABG shares?
- Does Asbury Automotive Group pay a dividend?
- Have ABG shares ever split?
- Other common questions
How has coronavirus impacted Asbury Automotive Group's share price?
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.
Asbury Automotive Group share price
Use our graph to track the performance of ABG stocks over time.Asbury Automotive Group shares at a glance
Information last updated 2020-11-20.
| 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 |
| PE ratio | 11.4662 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | USD$10.81 |
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Is it a good time to buy Asbury Automotive Group stock?
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.
Asbury Automotive Group price performance over time
Historical closes compared with the close of $114.66 from 2020-10-19
| 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% |
Is Asbury Automotive Group under- or over-valued?
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 P/E ratio
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 PEG ratio
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
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.
Asbury Automotive Group financials
| 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% |
| Profit margin | 3.08% |
| Book value | $42.099 |
| Market capitalisation | USD$2.3 billion |
TTM: trailing 12 months
Shorting Asbury Automotive Group shares
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)
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.
Asbury Automotive Group share dividends
We're not expecting Asbury Automotive Group to pay a dividend over the next 12 months.
Have Asbury Automotive Group's shares ever split?
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.
Asbury Automotive Group share price volatility
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 overview
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.
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