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ABG / Asbury Automotive Group: Additional Upside Exists From Here

Asbury Automotive Group: Additional Upside Exists From Here
Asbury Automotive Group's shares have outperformed the broader market despite weakening financial performance. The company's Clicklane initiative, an omni-channel platform for vehicle search and acquisition, has performed well, selling 10,800 vehicles in Q1 2023, a 93% YoY increase. Despite worsening fundamentals, ABG's shares look attractive compared to its peers and the company continues to buy back stock, making it a soft 'buy' for investors. Read More
Posted: Jul 12 2023, 03:58
Author Name: Seeking Alpha
Views: 102722

ABG News  

5 Broker-Loved Stocks to Watch in an Uncertain Scenario

By Zacks Investment Research
October 31, 2023

5 Broker-Loved Stocks to Watch in an Uncertain Scenario

We believe that investors should keep a close watch on stocks like The Greenbrier Companies (GBX), AMC Entertainment (AMC), The Gap (GPS), Asbury Auto more_horizontal

Asbury (ABG) Q3 Earnings & Revenues Miss Estimates, Fall Y/Y

By Zacks Investment Research
October 25, 2023

Asbury (ABG) Q3 Earnings & Revenues Miss Estimates, Fall Y/Y

Asbury's (ABG) third-quarter earnings miss estimates on lower-than-anticipated sales across new-vehicle, finance and insurance business and parts and more_horizontal

Asbury Automotive Group, Inc. (ABG) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 24, 2023

Asbury Automotive Group, Inc. (ABG) Q3 2023 Earnings Call Transcript

Asbury Automotive Group, Inc. (NYSE:ABG ) Q3 2023 Earnings Conference Call October 24, 2023 10:00 AM ET Company Participants George Villasana - SVP, C more_horizontal

Asbury Automotive Group (ABG) Q3 Earnings and Revenues Lag Estimates

By Zacks Investment Research
October 24, 2023

Asbury Automotive Group (ABG) Q3 Earnings and Revenues Lag Estimates

Asbury Automotive Group (ABG) came out with quarterly earnings of $8.12 per share, missing the Zacks Consensus Estimate of $8.44 per share. This compa more_horizontal

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

By Zacks Investment Research
October 16, 2023

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 lik more_horizontal

Should Value Investors Buy Asbury Automotive Group (ABG) Stock?

By Zacks Investment Research
October 10, 2023

Should Value Investors Buy Asbury Automotive Group (ABG) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe more_horizontal

Is Asbury Automotive Group (ABG) Stock Outpacing Its Retail-Wholesale Peers This Year?

By Zacks Investment Research
October 5, 2023

Is Asbury Automotive Group (ABG) Stock Outpacing Its Retail-Wholesale Peers This Year?

Here is how Asbury Automotive Group (ABG) and Builders FirstSource (BLDR) have performed compared to their sector so far this year. more_horizontal

Asbury Automotive: Driving Superior Returns Through M&A

By Seeking Alpha
September 18, 2023

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 remai more_horizontal


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