KeyBanc set a $91.00 rate objective on Asbury Automotive Group (NYSE: ABG) in a research report released on Wednesday early morning. The firm currently has a a buy rating on the stock.
Asbury Automotive Group (NYSE: ABG) traded down 0.78 % on Wednesday, striking $85.18. The stock had a trading volume of 95,209 shares. Asbury Automotive Group has a 52-week low of $54.51 and a 52-week high of $87.25. The stock has a 50-day moving average of $80. and a 200-day moving average of $75. The company has a market cap of $2.35 billion and a P/E ratio of 22.98.
Asbury Automotive Group (NYSE: ABG) last announced its earnings results on Wednesday, February 4th. The company reported $1.07 revenues per share for the quarter, beating the analysts agreement estimate of $1.01 by $0.06. The business had profits of $1.50 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter in 2013, the business posted $0.88 incomes per share. Asbury Automotive Groups profits was up 9.4 % as compared to the very same quarter in 2014. Usually, experts forecast that Asbury Automotive Group will certainly post $5.17 earnings per share for the existing monetary year.
Asbury Automotive Group, Inc is an automotive seller. As of December 31, 2013, the Business ran 100 franchises (NYSE: ABG). It offers automotive products and services, including brand-new and pre-owned automobiles; vehicle upkeep; replacement parts and crash repair services; new and secondhand car financing, and aftermarket items, such as insurance, service warranty and service contracts.
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