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ABG $245.77

ABG target price
245.77
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0
Asbury Automotive Group
Type
Public
Traded as NYSE: ABG
S&P 600 Component
Industry Auto Dealership
Founded 1995
Headquarters Duluth, GA
Key people
Craig Monaghan, CEO
David W. Hult, COO
Sean Goodman, CFO
Products New Vehicles, Used Vehicles
Revenue Decrease $6.5 billion (2016)
Operating income
Decrease $297.8 million (2016)
Net income
Decrease $167.2 million (2016)
Total assets Increase $2.336 billion (2016)
Total equity Decrease $279.7 million (2016)
Number of employees
7,900 (Feb. 2016)
Website www.asburyauto.com

Asbury Automotive Group is a company based in Atlanta and was founded in 1995. The company operates auto dealerships in various parts of the United States. As of September 2017 its rank in the Fortune 500 is 410 out of 500.

As of December 2016, it is one of the largest automobile retailers in the United States, operating 96 franchises (80 dealership locations) in 18 metropolitan markets within 10 states. As of August 2017, its dealerships represent 29 American, European and Asian brands. In 2016, the company reported revenues of $6.5 billion and sold over 180,000 retail vehicles. Currently based out of Duluth, GA, the company is led by President & CEO, Craig Monaghan.

In February 2017, Asbury finalized the acquisition of Hare Chevrolet, operating in Noblesville, IN.

In March 2017, Asbury finalized the opening of Nalley Nissan Cumming, an open point awarded to Asbury in Metro Atlanta.

On August 22, 2017, Monaghan announced that he will step down from his position at Asbury effective January 2018, to be replaced by chief operating officer David Hult.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-24 Future report Set alerts
Q2 2022 2022-07-28 10.40 10.40
Q1 2022 2022-04-28 9.27 9.27
Q4 2021 2022-02-15 7.46 7.46
Q3 2021 2021-10-26 7.36 7.36
Q2 2021 2021-07-27 7.78 7.78
Q1 2021 2021-04-27 4.68 4.68
Q4 2020 2021-02-02 4.44 4.44
Q3 2020 2020-10-27 0.00 0.00
Q2 2020 2020-07-28 2.52 2.57

Ratings

2016-04-11 Initiated Coverage Jefferies Group Hold $60.00
2016-02-23 Upgrade Buckingham Research Neutral to Buy
2016-02-08 Reiterated Rating BB&T Corp. Not Applicable to Hold
2016-02-06 Reiterated Rating Bank of America Buy $104.00 to $93.00
2016-02-06 Reiterated Rating Bank of America Corp. Buy $104.00 to $93.00
2016-01-25 Lower Price Target Deutsche Bank Hold $72.00 to $68.00
2016-01-25 Lower Price Target Deutsche Bank AG Hold $72.00 to $68.00
2016-01-12 Downgrade Craig Hallum Buy to Hold
2015-10-26 Downgrade BB&T Corp. Buy to Hold
2015-10-22 Upgrade Bank of America Neutral to Buy $104.00
2015-09-30 Upgrade Bank of America Underperform to Neutral $104.00
2015-09-09 Initiated Coverage Evercore ISI Buy
2015-09-08 Upgrade Craig Hallum Hold to Buy $95.00
2015-08-31 Upgrade Buckingham Research Underperform to Neutral $75.00
2015-08-28 Reiterated Rating KeyBanc Buy $100.00
2015-08-28 Reiterated Rating KeyCorp Buy $100.00
2015-08-26 Boost Price Target Morgan Stanley Underweight $71.00 to $73.00
2015-07-22 Downgrade Bank of America Neutral to Underperform $104.00
2015-07-16 Reiterated Rating KeyBanc Buy $97.00 to $100.00
2015-07-02 Reiterated Rating KeyBanc Overweight $94.00 to $97.00
2015-06-23 Boost Price Target KeyBanc Buy $94.00 to $97.00
2015-04-22 Boost Price Target Stephens Overweight $90.00 to $94.00
2015-04-16 Set Price Target Deutsche Bank Hold $66.00
2015-04-15 Set Price Target KeyBanc Buy $89.00 to $91.00
2015-01-06 Downgrade Bank of America Buy to Neutral $78.00
2014-10-22 Downgrade Craig Hallum Buy to Hold
2014-07-16 Reiterated Rating KeyBanc Buy $73.00 to $76.00
2014-05-22 Boost Price Target KeyBanc Buy $68.00 to $73.00
2014-04-24 Upgrade BB&T Capital Mkts Hold to Buy $67
2014-04-24 Reiterated Rating KeyBanc Buy $68.00
2014-04-24 Boost Price Target Deutsche Bank Hold $52.00 to $54.00
2014-04-24 Upgrade BB&T Corp. Hold to Buy $67.00
2014-03-10 Downgrade Ned Davis Research Buy to Neutral
2014-02-05 Reiterated Rating Deutsche Bank Hold $46.00 to $52.00
2014-02-05 Boost Price Target Morgan Stanley Underweight $42.00 to $43.00
2013-11-03 Reiterated Rating Morgan Stanley Hold $58.40
2013-10-28 Boost Price Target Morgan Stanley Underweight $39.00 to $42.00
2013-10-23 Downgrade Buckingham Research Neutral to Underperform
2009-11-24 Upgrade Deutsche Bank Hold to Buy $13.50 to $14.50
2009-11-18 Initiated Thomas Weisel Market Weight
2009-04-17 Downgrade Deutsche Securities Buy to Hold $7
2009-03-19 Upgrade Deutsche Securities Hold to Buy $5.50 to $7
2008-07-31 Reiterated Deutsche Securities Hold $17 to $14
2008-02-22 Upgrade JP Morgan Underweight to Neutral
2007-10-31 Reiterated Deutsche Securities Hold $28 to $24
2007-09-21 Reiterated Deutsche Securities Hold $30 to $28
2007-07-27 Upgrade Wachovia Mkt Perform to Outperform
2007-04-26 Reiterated Deutsche Securities Hold $28 to $30
2016-04-11 Initiated Coverage Jefferies Group Hold $60.00
2016-02-23 Upgrade Buckingham Research Neutral to Buy
2016-02-08 Reiterated Rating BB&T Corp. Not Applicable to Hold
2016-02-06 Reiterated Rating Bank of America Buy $104.00 to $93.00
2016-02-06 Reiterated Rating Bank of America Corp. Buy $104.00 to $93.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
DELOACH THOMAS C JR 0.28%  (83752) ABG / LPT /
MONAGHAN CRAIG T President & CEO 0.26%  (78242) ABG /
Hult David W EVP & COO 0.17%  (51112) ABG /
Kearney Michael EVP & COO 0.09%  (26869) ABG /
Katz Eugene S 0.09%  (26659) ABG / WK /
Villasana George A VP, GC and Secretary 0.07%  (22442) ABG /
Clements DEnnis E 0.07%  (22283) ABG /
KRENZ SCOTT J SVP & CFO 0.07%  (21577) ABG / HSII /
Style Keith SVP, Chief Financial Officer 0.07%  (21163) ABG /
MARITZ PHILIP F 0.05%  (14411) ABG /
JORDAN VERNON E JR 0.04%  (11949) ABG / AXP /
Milstein Jed VP & CHRO 0.04%  (11260) ABG /
Goodman Sean D. SVP & CFO 0.04%  (10695) ABG /
CLARKE JANET M 0.03%  (10422) ABG / VPG /
JAMES JUANITA T 0.03%  (10179) ABG /
ALSFINE JOEL 0.02%  (6010) ABG /
MSD CAPITAL L P 0.02%  (6010) ABG / BKEP / DIN / NSAM /
Karolis George SVP, Corp. Dev. & Real Estate 0.02%  (5251) ABG /
Sawicki Michael Controller & CAO 0.02%  (4812) ABG /
THOMPSON SCOTT L 0.02%  (4812) ABG / CONN / HWCC / TPX /
REDDIN THOMAS 0.01%  (4415) ABG / DLX / SKT / VCI /
McKenzie Renee E VP, Human Resources 0.01%  (4108) ABG /
Stax William Frederick Controller & CAO 0.01%  (4038) ABG /
PARHAM JOSEPH G JR VP, Chief HR Officer 0.01%  (3874) ABG /