Asbury Automotive Group Inc (NYSE: ABG) on Friday, plunged -0.24% from the previous trading day, before settling in for the closing price of $245.36. Within the past 52 weeks, ABG’s price has moved between $195.09 and $277.13.
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A company in the Consumer Cyclical sector has jumped its sales by 22.42% annually for the last half of the decade. The company achieved an average annual earnings per share of -20.34%. With a float of $19.32 million, this company’s outstanding shares have now reached $19.59 million.
In an organization with 15000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 16.97%, operating margin of 5.9%, and the pretax margin is 2.9%.
Asbury Automotive Group Inc (ABG) Insider Updates
Observing investor behavior towards Auto & Truck Dealerships industry stocks is more important than anything else. The insider ownership of Asbury Automotive Group Inc is 1.35%, while institutional ownership is 112.49%. The most recent insider transaction that took place on Nov 27 ’24, was worth 1,199,684. In this transaction SVP, Operations of this company sold 4,600 shares at a rate of $260.80, taking the stock ownership to the 3,483 shares. Before that another transaction happened on Nov 27 ’24, when Company’s Officer proposed sale 4,600 for $260.80, making the entire transaction worth $1,199,677.
Asbury Automotive Group Inc (ABG) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.97 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -20.34% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.37% during the next five years compared to 28.23% growth over the previous five years of trading.
Asbury Automotive Group Inc (NYSE: ABG) Trading Performance Indicators
Asbury Automotive Group Inc (ABG) is currently performing well based on its current performance indicators. A quick ratio of 0.41 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.29. Likewise, its price to free cash flow for the trailing twelve months is 47946.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 17.69, a number that is poised to hit 5.98 in the next quarter and is forecasted to reach 27.00 in one year’s time.
Technical Analysis of Asbury Automotive Group Inc (ABG)
Let’s dig in a bit further. During the last 5-days, its volume was 0.23 million. That was better than the volume of 0.18 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 61.21%. Additionally, its Average True Range was 6.71.
During the past 100 days, Asbury Automotive Group Inc’s (ABG) raw stochastic average was set at 53.27%, which indicates a significant decrease from 55.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.89% in the past 14 days, which was lower than the 29.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $252.48, while its 200-day Moving Average is $236.29. However, in the short run, Asbury Automotive Group Inc’s stock first resistance to watch stands at $248.34. Second resistance stands at $251.91. The third major resistance level sits at $254.05. If the price goes on to break the first support level at $242.63, it is likely to go to the next support level at $240.49. Assuming the price breaks the second support level, the third support level stands at $236.92.
Asbury Automotive Group Inc (NYSE: ABG) Key Stats
Market capitalization of the company is 4.79 billion based on 19,587K outstanding shares. Right now, sales total 14,803 M and income totals 602,500 K. The company made 4,237 M in profit during its latest quarter, and 126,300 K in sales during its previous quarter.
