Asbury Automotive Group (ABG)
(Delayed Data from NYSE)
$227.84 USD
-5.19 (-2.23%)
Updated Oct 31, 2024 04:00 PM ET
After-Market: $228.01 +0.17 (0.07%) 7:52 PM ET
5-Strong Sell of 5 5
B Value F Growth A Momentum C VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
ABG 227.84 -5.19(-2.23%)
Will ABG be a Portfolio Killer in October?
Zacks Investment Research is releasing its prediction for ABG based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ABG
Asbury Q3 Earnings Miss Expectations, Revenues Rise Y/Y
Asbury Automotive (ABG) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ABG: What are Zacks experts saying now?
Zacks Private Portfolio Services
Asbury Automotive Group (ABG) Q3 Earnings and Revenues Miss Estimates
Sonic Automotive (SAH) Q3 Earnings and Revenues Miss Estimates
Analysts Estimate Group 1 Automotive (GPI) to Report a Decline in Earnings: What to Look Out for
Other News for ABG
DIMENSIONAL FUND ADVISORS LP Acquires Shares in Asbury Automotive Group Inc
Asbury Automotive price target raised to $260 from $240 at Craig-Hallum
Asbury Automotive price target raised by $20 at Craig-Hallum, here's why
Abacus Group Issues New Equity Securities
Asbury Automotive Sees Revenue Rise Amid Challenges