While Asbury Automotive Group Inc has overperformed by 1.01%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ABG rose by 2.15%, with highs and lows ranging from $312.56 to $201.68, whereas the simple moving average fell by -9.66% in the last 200 days.
On April 23, 2025, Citigroup started tracking Asbury Automotive Group Inc (NYSE: ABG) recommending Neutral. A report published by Seaport Research Partners on November 12, 2024, Downgraded its rating to ‘Neutral’ for ABG. Morgan Stanley also Upgraded ABG shares as ‘Equal-Weight’, setting a target price of $240 on the company’s shares in a report dated September 25, 2024. Stephens Initiated an Equal-Weight rating on September 12, 2024, and assigned a price target of $216. JP Morgan June 10, 2024d its ‘Overweight’ rating to ‘Neutral’ for ABG, as published in its report on June 10, 2024. JP Morgan also rated the stock as ‘Overweight’.
Analysis of Asbury Automotive Group Inc (ABG)
Further, the quarter-over-quarter increase in sales is 18.18%, showing a positive trend in the upcoming months.
Asbury Automotive Group Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 12.76% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.41, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and ABG is registering an average volume of 234.47K. On a monthly basis, the volatility of the stock is set at 5.76%, whereas on a weekly basis, it is put at 4.08%, with a gain of 2.19% over the past seven days. Furthermore, long-term investors anticipate a median target price of $248.50, showing growth from the present price of $221.53, which can serve as yet another indication of whether ABG is worth investing in or should be passed over.
How Do You Analyze Asbury Automotive Group Inc Shares?
A giant in the Auto & Truck Dealerships market, Asbury Automotive Group Inc (ABG) is based in the USA. When comparing Asbury Automotive Group Inc shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 10.29, there is a growth in quarterly earnings of 141.50%.
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.60%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 110.04% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ABG shares are owned by institutional investors to the tune of 110.04% at present.
