Asbury Automotive Community, Inc. (NYSE:ABG) – Stock analysts at SunTrust Banks dropped their Q1 2019 earnings per fragment (EPS) estimates for Asbury Automotive Community in a analysis train issued to customers and investors on Wednesday, February sixth. SunTrust Banks analyst S. Benjamin now forecasts that the company will kind $1.
96 per fragment for the quarter, down from their prior forecast of $2.02. SunTrust Banks at show has a “Withhold” ranking and a $70.
00 label target on the stock.
SunTrust Banks moreover issued estimates for Asbury Automotive Community’s Q3 2019 earnings at $2.10 EPS, Q1 2020 earnings at $2.08 EPS, Q2 2020 earnings at $2.33 EPS, Q3 2020 earnings at $2.
21 EPS and This autumn 2020 earnings at $2.33 EPS.
In finding Asbury Automotive Community indicators: Asbury Automotive Community (NYSE:ABG) final posted its quarterly earnings records on Wednesday, February sixth. The corporate reported $2.
20 earnings per fragment (EPS) for the quarter, topping analysts’ consensus estimates of $2.07 by $0.13. The industrial had earnings of $1.seventy eight billion all around the quarter, compared with the consensus estimate of $1.
seventy three billion. Asbury Automotive Community had a return on equity of 37.eighty one% and a gain margin of two.Forty four%.
The firm’s quarterly earnings changed into once up 6.eight% compared with the an analogous quarter final year. Within the future of the an analogous quarter within the prior year, the company earned $1.
eighty one earnings per fragment.
ABG has been the field of a sequence of various experiences. Zacks Investment Learn raised Asbury Automotive Community from a “engage” ranking to a “seize” ranking and space a $seventy eight.00 target label on the stock in a analysis exhibit on Thursday, January Seventeenth. ValuEngine raised Asbury Automotive Community from a “sell” ranking to a “engage” ranking in a analysis exhibit on Tuesday, October 23rd. Finally, Morgan Stanley elevated their target label on Asbury Automotive Community from $seventy one.00 to $eighty one.
00 and gave the stock a “sell” ranking in a analysis exhibit on Wednesday, November 14th. One investment analyst has rated the stock with a sell ranking, three cling given a engage ranking and one has issued a seize ranking to the company’s stock. Asbury Automotive Community for the time being has an average ranking of “Withhold” and an average label target of $seventy six.50.
ABG opened at $sixty nine.18 on Friday. The corporate has a rapid ratio of 0.
36, a recent ratio of 1.21 and a debt-to-equity ratio of 1.
seventy seven. The firm has a market capitalization of $1.Forty four billion, a label-to-earnings ratio of eight.23, a PEG ratio of 0.
fifty five and a beta of 1.19. Asbury Automotive Community has a 12-month low of $Fifty eight.60 and a 12-month high of $seventy seven.Seventy five.
A entire lot of hedge funds and various institutional investors cling currently added to or diminished their stakes in ABG. Bank of The US Corp DE grew its stake in shares of Asbury Automotive Community by 152.1% within the second quarter.
Bank of The US Corp DE now owns 157,007 shares of the company’s stock price $10,763,000 after shopping an additional ninety four,716 shares over the final quarter. Public Workers Retirement Plan of Ohio grew its stake in shares of Asbury Automotive Community by 275.6% within the second quarter. Public Workers Retirement Plan of Ohio now owns 10,469 shares of the company’s stock price $718,000 after shopping an additional 7,682 shares over the final quarter.
Bank of Original York Mellon Corp grew its stake in shares of Asbury Automotive Community by Three.1% within the second quarter. Bank of Original York Mellon Corp now owns 266,959 shares of the company’s stock price $18,300,000 after shopping an additional eight,081 shares over the final quarter. Northern Have confidence Corp grew its stake in shares of Asbury Automotive Community by 7.
6% within the second quarter. Northern Have confidence Corp now owns 290,604 shares of the company’s stock price $19,921,000 after shopping an additional 20,483 shares over the final quarter. Finally, First Hawaiian Bank purchased a weird stake in shares of Asbury Automotive Community within the 0.33 quarter price $273,000.
Asbury Automotive Community Company Profile
Asbury Automotive Community, Inc operates as an automotive retailer within the United States. It presents a unfold of automotive merchandise and services and products, including unusual and used autos; and automobile restore and repairs, substitute parts, and collision restore services and products. The corporate moreover presents finance and insurance merchandise, including arranging automobile financing thru 0.33 parties; and aftermarket merchandise, akin to extended carrier contracts, guaranteed asset protection insurance, pay as you scurry repairs, and credit rating life and disability insurance.
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