ABG

Asbury Automotive Group, Inc. [ABG] Stock Forecast

Q: What is Asbury Automotive Group, Inc. stock symbol ?

Asbury Automotive Group, Inc. is a US stock, located in Duluth of Ga and trading under the symbol ABG

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ABG Stock Summary

Earnings have grown 56.89% per last year.

EPS has been increasing for the past 3 years (Yearly statements)

The Moving Average Convergence Divergence (MACD) for ABG recently turned positive (within last 10 days).

ABG has more than 3 years of cash runway (41 months)

Earnings are expected to fall -7.07% next year

Debt-to-Equity ratio of 1.15 is considered moderate, deeper research suggested.

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In the News

09:50 29 Sep 2023 ABG

Asbury Automotive: Driving Superior Returns Through M&A

Asbury's revenue has grown at a CAGR of 11%, driven by the production of EVs and the post-pandemic boom in sales. We expect demand and growth to remain strong, owing to an aged vehicle population, the EV transition, services sales growth, business development, and M&A. We believe Asbury is an attractive proposition due to its M&A focus and well-balanced business model. We expect shareholder distributions to accelerate in the coming years.

11:17 29 Sep 2023 ABG

Asbury (ABG) to Buy Jim Koons to Expand in Mid-Atlantic Region

Asbury (ABG) signs a deal to acquire Jim Koons Automotive for $1.2 billion to expand its presence in the Mid-Atlantic region.

07:29 29 Sep 2023 ABG

Asbury Automotive to buy the Jim Koons auto dealership group for $1.2 billion, to expand in the Mid-Atlantic region

Shares of Asbury Automotive Group Inc. ABG, -2.68% rose 3.2% in premarket trading Friday, after the auto retailer announced a deal to buy the Jim Koons auto dealership group for about $1.2 billion. Asbury said the Mid-Atlantic region dealership was the ninth-largest private dealership group in the U.S., with more than $3 billion in revenue in 2022.

12:46 29 Sep 2023 ABG

Why Is Asbury Automotive (ABG) Up 0.2% Since Last Earnings Report?

Asbury Automotive (ABG) reported earnings 30 days ago. What's next for the stock?

11:42 29 Sep 2023 ABG

4 Low Price-to-Cash Flow Stocks to Buy for Optimum Returns

Value investing is essentially about selecting stocks that are usually cheap but fundamentally sound. StoneCo (STNE), Unum Group (UNM), Asbury Automotive Group (ABG) and Magna International (MGA) boast low P/CF ratios.

04:08 29 Sep 2023 ABG

Asbury Automotive (ABG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for Asbury Automotive (ABG) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

09:22 29 Sep 2023 ABG

Asbury Automotive Group (ABG) Q2 Earnings and Revenues Surpass Estimates

Asbury Automotive Group (ABG) came out with quarterly earnings of $8.95 per share, beating the Zacks Consensus Estimate of $8.15 per share. This compares to earnings of $10.04 per share a year ago.

01:39 29 Sep 2023 ABG

Will Asbury Automotive (ABG) Beat Estimates Again in Its Next Earnings Report?

Asbury Automotive (ABG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

09:54 29 Sep 2023 ABG

Should You Buy Asbury Automotive (ABG) Ahead of Earnings?

Asbury Automotive (ABG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

11:24 29 Sep 2023 ABG

Are Investors Undervaluing Asbury Automotive Group (ABG) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

ABG Financial details

Company Rating

Buy

Market Cap

4.59B

Income

936M

Revenue

14.9B

Book val./share

146.82

Cash/share

4.2

Dividend

Dividend %

Employees

13K

Optionable

Shortable

Yes

Earnings

25 Oct 2023

P/E

5.03

Forward P/E

PEG

0.82

P/S

0.31

P/B

1.54

P/C

54.58

P/FCF

14.87

Quick Ratio

0.41

Current Ratio

1.91

Debt / Equity

1.15

LT Debt / Equity

1.11

EPS (TTM)

43.07

EPS next Y

EPS next Q

7.79

EPS this Y

67.4%

EPS next Y

EPS next 5Y

-28.53%

EPS last 5Y

39.89%

Revenue last 5Y

17.56%

Revenue Q/Q

4.47%

EPS Q/Q

11.28%

SMA20

0.45%

SMA50

-8.54%

SMA100

14.8%

Inst Own

103.62%

Inst Trans

0.94%

ROA

11%

ROE

32%

ROC

0.17%

Gross Margin

20%

Oper. Margin

Profit Margin

Payout

Shs Outstand

20.58M

Shs Float

16.3M

Target Price

170

52W Range

138.88-256.39

52W High

-10.45%

52W Low

+66.12%

RSI

Rel Volume

0.46

Avg Volume

175.23K

Volume

80.94K

Perf Week

1.19%

Perf Month

4.87%

Perf Quarter

16.69%

Perf Half Y

15.47%

Beta

1.12621

Volatility

2.26%, 4.07%

Prev Close

1.68%

Price

229.25

Change

3.47%

ABG Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Revenue per share	342.01	377.5	371.45	494.36	692.1
Net income per share	8.36	9.65	13.25	26.75	44.72
Operating cash flow per share	0.5	18.31	33.98	58.48	31.21
Free cash flow per share	-2.38	14.82	31.44	54.36	26.37
Cash per share	0.41	0.18	0.07	10.07	10.79
Book value per share	23.54	33.84	47.16	106.31	130.19
Tangible book value per share	11.25	16.91	-4.27	-74.97	-30.5
Share holders equity per share	23.54	33.84	47.16	106.31	130.19
Interest debt per share	101.74	103.34	127.06	234.34	172.62
Market cap	1.34B	2.14B	2.8B	3.44B	4B
Enterprise value	3.29B	4.01B	5.16B	7.81B	7.45B
P/E ratio	7.98	11.58	11	6.46	4.01
Price to sales ratio	0.19	0.3	0.39	0.35	0.26
POCF ratio	132.66	6.1	4.29	2.95	5.74
PFCF ratio	-28.03	7.54	4.64	3.18	6.8
P/B Ratio	2.83	3.3	3.09	1.62	1.38
PTB ratio	2.83	3.3	3.09	1.62	1.38
EV to sales	0.48	0.56	0.72	0.79	0.48
Enterprise value over EBITDA	9.45	10.89	11.94	9.37	5.55
EV to operating cash flow	325.79	11.47	7.91	6.71	10.71
EV to free cash flow	-68.84	14.18	8.55	7.22	12.67
Earnings yield	0.13	0.09	0.09	0.15	0.25
Free cash flow yield	-0.04	0.13	0.22	0.31	0.15
Debt to equity	4.14	2.91	2.61	2.16	1.27
Debt to assets	0.73	0.65	0.64	0.57	0.46
Net debt to EBITDA	5.6	5.1	5.47	5.24	2.57
Current ratio	1.22	1.29	1.15	1.28	1.85
Interest coverage	3.61	3.5	4.98	7.76	7.92
Income quality	0.06	1.9	2.56	2.19	0.7
Dividend Yield	0	0	0	2.32	0
Payout ratio	0	0	0	14.97	0
Sales general and administrative to revenue	0	0.09	0.09	0.09	0.09
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.09	0.11	0.27	0.45	0.45
Capex to operating cash flow	-5.73	-0.19	-0.07	-0.07	-0.16
Capex to revenue	-0.01	-0.01	-0.01	-0.01	-0.01
Capex to depreciation	-1.72	-1.85	-1.27	-1.96	-1.56
Stock based compensation to revenue	0	0	0	0	0
Graham number	66.54	85.73	118.57	252.97	361.95
ROIC	0.1	0.09	0.08	0.09	0.14
Return on tangible assets	0.07	0.07	0.09	0.12	0.22
Graham Net	-70.78	-78.95	-108.27	-250.02	-182.2
Working capital	274.9M	355.6M	182.3M	453.5M	876.4M
Tangible asset value	226.2M	322.9M	-81.9M	-1.49B	-680.2M
Net current asset value	-670.2M	-662.4M	-1.37B	-3.84B	-3.21B
Invested capital	4.14	2.91	2.61	2.16	1.27
Average receivables	332.55M	345.65M	342.7M	403.45M	457.85M
Average payables	87.15M	81.8M	89.65M	130.75M	155.65M
Average inventory	946.8M	1.03B	930.1M	796.8M	838.8M
Days sales outstanding	18.23	17.62	17.27	17.42	10.55
Days payables outstanding	5.18	4.94	6.03	7.54	4.36
Days of inventory on hand	67.52	59.51	54.07	33.04	28.39
Receivables turnover	20.02	20.72	21.14	20.95	34.59
Payables turnover	70.47	73.95	60.54	48.42	83.67
Inventory turnover	5.41	6.13	6.75	11.05	12.86
ROE	0.36	0.29	0.28	0.25	0.34
Capex per share	-2.88	-3.5	-2.54	-4.12	-4.84

Quarterly Fundamentals Overview

Last date of statement is 2023-06-30 for Q2

Metric	2022-06-30	2022-09-30	2022-12-31	2023-03-31	2023-06-30
Revenue per share	178.74	174.93	168.45	165.85	179.06
Net income per share	9.11	9.28	16.05	8.4	9.4
Operating cash flow per share	3.96	7.59	1.44	7.95	2.39
Free cash flow per share	3.12	6.09	-0.16	7.25	1.17
Cash per share	5.02	6.75	10.94	14	4.2
Book value per share	109.07	119.58	131.97	141.17	146.82
Tangible book value per share	-51.93	-40.39	-30.92	-24.74	-24.64
Share holders equity per share	109.07	119.58	131.97	141.17	146.82
Interest debt per share	168.37	164.78	169.53	167.05	170.8
Market cap	3.74B	3.34B	3.94B	4.54B	5.02B
Enterprise value	7.32B	6.8B	7.4B	7.81B	8.48B
P/E ratio	4.65	4.07	2.79	6.25	6.4
Price to sales ratio	0.95	0.86	1.06	1.27	1.34
POCF ratio	42.72	19.9	124.79	26.42	100.5
PFCF ratio	54.32	24.81	-1.1K	28.98	205.93
P/B Ratio	1.55	1.26	1.36	1.49	1.64
PTB ratio	1.55	1.26	1.36	1.49	1.64
EV to sales	1.85	1.76	2	2.18	2.27
Enterprise value over EBITDA	20.71	20.56	23.25	26.64	27.84
EV to operating cash flow	83.61	40.52	234.08	45.48	169.54
EV to free cash flow	106.3	50.51	-2.05K	49.9	347.42
Earnings yield	0.05	0.06	0.09	0.04	0.04
Free cash flow yield	0.02	0.04	0	0.03	0
Debt to equity	1.53	1.36	1.27	1.17	1.15
Debt to assets	0.48	0.46	0.46	0.44	0.43
Net debt to EBITDA	10.13	10.46	10.86	11.17	11.34
Current ratio	1.38	1.56	1.85	1.92	1.91
Interest coverage	8.58	7.74	7.4	7.3	7.17
Income quality	0.43	0.82	0.09	0.95	0.25
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0	0
Sales general and administrative to revenue	0.09	0.09	0.09	0.11	0.11
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.47	0.45	0.45	0.44	0.44
Capex to operating cash flow	-0.21	-0.2	-1.11	-0.09	-0.51
Capex to revenue	0	-0.01	-0.01	0	-0.01
Capex to depreciation	-1.03	-1.94	-2.29	-0.91	-1.52
Stock based compensation to revenue	0	0	0	0	0
Graham number	149.55	157.98	218.34	163.32	176.19
ROIC	0.04	0.04	0.03	0.03	0.03
Return on tangible assets	0.05	0.05	0.08	0.04	0.04
Graham Net	-200.63	-197.26	-184.69	-187.43	-198.7
Working capital	444.6M	653.9M	876.4M	981.9M	954.3M
Tangible asset value	-1.15B	-892.7M	-680.2M	-534.3M	-515M
Net current asset value	-3.63B	-3.36B	-3.21B	-3.08B	-3.09B
Invested capital	1.53	1.36	1.27	1.17	1.15
Average receivables	390.8M	363.85M	392.3M	384.5M	332.8M
Average payables	846.5M	792.15M	459.45M	409.8M	679.85M
Average inventory	742.15M	802.7M	890.7M	1.02B	1.14B
Days sales outstanding	8.87	7.88	10.84	8.11	8.24
Days payables outstanding	23.24	22.41	4.47	20.96	20.42
Days of inventory on hand	22.39	23.88	29.09	33.72	35.63
Receivables turnover	10.15	11.42	8.31	11.1	10.92
Payables turnover	3.87	4.02	20.14	4.29	4.41
Inventory turnover	4.02	3.77	3.09	2.67	2.53
ROE	0.08	0.08	0.12	0.06	0.06
Capex per share	-0.85	-1.5	-1.6	-0.7	-1.22

ABG Frequently Asked Questions

What is Asbury Automotive Group, Inc. stock symbol ?

Asbury Automotive Group, Inc. is a US stock , located in Duluth of Ga and trading under the symbol ABG

Is Asbury Automotive Group, Inc. buy or a sell ?

3 stock analysts have 3 predictions with a medium analyst target price of $156.67. The lowest prediction is $130 and the highest is $205

What is ABG stock prediction ?

What is Asbury Automotive Group, Inc. stock quote today ?

Asbury Automotive Group, Inc. stock price is $229.25 today.

Is Asbury Automotive Group, Inc. stock public?

Yes, Asbury Automotive Group, Inc. is a publicly traded company.

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Company Profile

Volume Average 175.23K
Market Capitalization 4.59B
Employee 13K
CEO Mr. David W. Hult
Headquarters Duluth,GA,US
IPO Date 2002-03-21
Website https://www.asburyauto.com

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, 2021, the company owned and operated 205 new vehicle franchises representing 31 brands of automobiles at 155 dealership locations; and 35 collision centers in the United States. Asbury Automotive Group, Inc. was founded in 1996 and is headquartered in Duluth, Georgia.