Asbury Automotive Group (ABG)
(Real Time Quote from BATS)
$228.80 USD
+0.85 (0.37%)
Updated Sep 24, 2024 10:28 AM ET
3-Hold of 5 3
A Value F Growth F Momentum C VGM
Company Summary
Headquartered in Duluth, GA, Asbury is one of the largest automotive retailers of new and used vehicles, and related services in the United States. As of Dec 31, 2023, Asbury owned 208 new vehicle franchises, including 31 brands of automobiles at 158 dealership locations, 37 collision center, and Total Care Auto. The automotive brands offered by the company include Lexus, Mercedes-Benz, Acura, BMW, Genesis, Infiniti, Jaguar, Land Rover, Lincoln, Porsche, Volvo, Audi, Bentley, Toyota, Honda, Nissan, Hyundai, Sprinter, Volkswagen, Subaru, Fiat, Kia, MINI, Isuzu, Dodge, Chrysler, Jeep, Ford, Chevrolet, Buick and GMC.
Apart from a wide range ...
Company Summary
Headquartered in Duluth, GA, Asbury is one of the largest automotive retailers of new and used vehicles, and related services in the United States. As of Dec 31, 2023, Asbury owned 208 new vehicle franchises, including 31 brands of automobiles at 158 dealership locations, 37 collision center, and Total Care Auto. The automotive brands offered by the company include Lexus, Mercedes-Benz, Acura, BMW, Genesis, Infiniti, Jaguar, Land Rover, Lincoln, Porsche, Volvo, Audi, Bentley, Toyota, Honda, Nissan, Hyundai, Sprinter, Volkswagen, Subaru, Fiat, Kia, MINI, Isuzu, Dodge, Chrysler, Jeep, Ford, Chevrolet, Buick and GMC.
Apart from a wide range of new and used vehicles, the company provides finance and insurance products, and automotive repair and maintenance services. Asbury’s omni-channel platform is designed to increase its market share through digital innovation. In December 2020, Asbury introduced Clicklane, an online shopping platform, that ensures a true online car-buying and selling experience.
Asbury’s business mix comprises New Vehicles (accounted for about 51.5% of the company’s revenues in 2023), Used Vehicles (29.7%), Parts and Services (14.1%) and Finance and insurance (4.7%).
In 2021, Asbury acquired Larry H. Miller Dealerships, the eighth largest dealership in the United States, adding 54 new vehicle dealerships, seven used car stores, 11 collision centers and a used vehicle wholesale business to its existing portfolio. Additionally, Asbury acquired Total Care Auto (TCA), a leading provider of service contracts and other vehicle protection products.
Subsequent to the closure of the Larry H. Miller buyout in December 2021, Asbury has two reportable segments: Dealerships and TCA. The Dealerships segment includes revenues derived primarily from the sale of new vehicles, the sale of used vehicles to retail customers and dealers, repair and maintenance services, and the arrangement of third-party vehicle financing. Revenues from the TCA segment, reflected in F&I Revenues, are derived from the vehicle service contracts, guaranteed asset protection insurance, prepaid maintenance contracts, vehicle theft assistance contracts and appearance protection contracts.
General Information
Asbury Automotive Group, Inc
2905 PREMIERE PARKWAY NW SUITE 300
DULUTH, GA 30097
Phone: 770-418-8200
Fax: NA
Web: http://www.asburyauto.com
Email: ir@asburyauto.com
Industry | Automotive - Retail and Whole Sales |
Sector | Retail-Wholesale |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/22/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 6.78 |
Current Year EPS Consensus Estimate | 26.99 |
Estimated Long-Term EPS Growth Rate | NA |
Exp Earnings Date | 10/22/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 227.95 |
52 Week High | 277.13 |
52 Week Low | 178.40 |
Beta | 1.16 |
20 Day Moving Average | 264,282.31 |
Target Price Consensus | 244.43 |
4 Week | -6.60 |
12 Week | -0.13 |
YTD | 1.32 |
4 Week | -8.26 |
12 Week | -4.38 |
YTD | -15.49 |
Shares Outstanding (millions) | 19.98 |
Market Capitalization (millions) | 4,554.46 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | 0.00 |
Change in Payout Ratio | 0.00 |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 8.44 |
Trailing 12 Months | 7.90 |
PEG Ratio | NA |
vs. Previous Year | -28.49% |
vs. Previous Quarter | -11.23% |
vs. Previous Year | 13.46% |
vs. Previous Quarter | 1.07% |
Price/Book | 1.38 |
Price/Cash Flow | 5.97 |
Price / Sales | 0.29 |
6/30/24 | 17.93 |
3/31/24 | 20.12 |
12/31/23 | 21.68 |
6/30/24 | 6.08 |
3/31/24 | 7.07 |
12/31/23 | 7.87 |
6/30/24 | 1.25 |
3/31/24 | 1.06 |
12/31/23 | 1.06 |
6/30/24 | 0.45 |
3/31/24 | 0.38 |
12/31/23 | 0.45 |
6/30/24 | 3.71 |
3/31/24 | 4.21 |
12/31/23 | 4.62 |
6/30/24 | 2.51 |
3/31/24 | 3.68 |
12/31/23 | 4.07 |
6/30/24 | 3.36 |
3/31/24 | 4.92 |
12/31/23 | 5.41 |
6/30/24 | 165.11 |
3/31/24 | 165.92 |
12/31/23 | 157.65 |
6/30/24 | 7.55 |
3/31/24 | 8.31 |
12/31/23 | 9.11 |
6/30/24 | 1.05 |
3/31/24 | 0.93 |
12/31/23 | 0.96 |
6/30/24 | 51.15 |
3/31/24 | 48.15 |
12/31/23 | 49.03 |