The price-to-earnings ratio for Asbury Automotive Group Inc (NYSE: ABG) is above average at 13.84x, Company’s 36-month beta value is 1.18.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 7 as “hold,” and 0 as “sell.”
The public float for ABG is 19.32M, and currently, short sellers hold a 11.24% ratio of that floaft. The average trading volume of ABG on January 20, 2025 was 180.77K shares.
ABG) stock’s latest price update
The stock price of Asbury Automotive Group Inc (NYSE: ABG) has dropped by -0.24 compared to previous close of 245.36. Despite this, the company has seen a gain of 2.94% in its stock price over the last five trading days. seekingalpha.com reported 2025-01-15 that Asbury Automotive Group, Inc. faces uncertainty for Q4 due to Hurricane Milton and stop-sale orders, likely leading to a miss on top and bottom lines. Analysts expect $5.98 EPS on $4.12B revenue, but historical misses suggest overestimation; management hasn’t provided guidance. Key concerns include hurricane impact, stop-sale orders on Toyota, Lexus, BMW, and Honda models, and declining Clicklane performance.
ABG’s Market Performance
Asbury Automotive Group Inc (ABG) has experienced a 2.94% rise in stock performance for the past week, with a -4.63% drop in the past month, and a 4.17% rise in the past quarter. The volatility ratio for the week is 2.73%, and the volatility levels for the past 30 days are at 2.80% for ABG.. The simple moving average for the past 20 days is 0.61% for ABG’s stock, with a 3.59% simple moving average for the past 200 days.
Analysts’ Opinion of ABG
Morgan Stanley, on the other hand, stated in their research note that they expect to see ABG reach a price target of $240, previously predicting the price at $190. The rating they have provided for ABG stocks is “Equal-Weight” according to the report published on September 25th, 2024.
Stephens gave a rating of “Equal-Weight” to ABG, setting the target price at $216 in the report published on September 12th of the previous year.
ABG Trading at -3.05% from the 50-Day Moving Average
After a stumble in the market that brought ABG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.67% of loss for the given period.
Volatility was left at 2.80%, however, over the last 30 days, the volatility rate increased by 2.73%, as shares sank -2.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.29% upper at present.
During the last 5 trading sessions, ABG rose by +2.94%, which changed the moving average for the period of 200-days by +8.14% in comparison to the 20-day moving average, which settled at $243.29. In addition, Asbury Automotive Group Inc saw 0.72% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ABG starting from Clara Daniel, who sale 4,600 shares at the price of $260.80 back on Nov 27 ’24. After this action, Clara Daniel now owns 3,483 shares of Asbury Automotive Group Inc, valued at $1,199,684 using the latest closing price.
DANIEL E CLARA, the Officer of Asbury Automotive Group Inc, proposed sale 4,600 shares at $260.80 during a trade that took place back on Nov 27 ’24, which means that DANIEL E CLARA is holding shares at $1,199,677 based on the most recent closing price.
Stock Fundamentals for ABG
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.17 for the gross margin
The net margin for Asbury Automotive Group Inc stands at 0.02. The total capital return value is set at 0.13. Equity return is now at value 10.80, with 3.87 for asset returns.
Based on Asbury Automotive Group Inc (ABG), the company’s capital structure generated 0.6 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 1.52. The interest coverage ratio of the stock is 3.89.
Currently, EBITDA for the company is 1.03 billion with net debt to EBITDA at 6.42. When we switch over and look at the enterprise to sales, we see a ratio of 0.6. The receivables turnover for the company is 35.64for trailing twelve months and the total asset turnover is 1.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.20.
Conclusion
In a nutshell, Asbury Automotive Group Inc (ABG) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
