Asbury Automotive Group, Inc. (ABG) EPS Estimated At $1.60

January 19, 2018 - By Clifton Ray

 Asbury Automotive Group, Inc. (ABG) EPS Estimated At $1.60
Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.12, from 1.03 in 2017Q2. It worsened, as 18 investors sold Asbury Automotive Group, Inc. shares while 52 reduced holdings. 19 funds opened positions while 45 raised stakes. 20.68 million shares or 2.75% less from 21.26 million shares in 2017Q2 were reported.
Numeric Lc holds 127,100 shares. Grantham Mayo Van Otterloo Limited Liability Co holds 6,000 shares or 0% of its portfolio. Globeflex Cap Lp stated it has 21,870 shares or 0.38% of all its holdings. Brandywine Glob Mgmt Llc reported 0.03% stake. The South Africa-based Old Mutual Customised Solutions (Proprietary) has invested 0.01% in Asbury Automotive Group, Inc. (NYSE:ABG). Timessquare Mgmt Ltd Company invested in 464,400 shares or 0.19% of the stock. Millennium Mgmt Ltd Com reported 0.03% of its portfolio in Asbury Automotive Group, Inc. (NYSE:ABG). Msd Capital L P holds 48.82% of its portfolio in Asbury Automotive Group, Inc. (NYSE:ABG) for 1.90M shares. Arizona State Retirement has invested 0.01% of its portfolio in Asbury Automotive Group, Inc. (NYSE:ABG). State Of Tennessee Treasury Department has 16,616 shares. Neuberger Berman Gp Limited Liability Company invested in 0.1% or 1.31 million shares. Tower Research Cap Limited Com (Trc) invested 0.01% of its portfolio in Asbury Automotive Group, Inc. (NYSE:ABG). Parallax Volatility Advisers Limited Partnership invested 0% of its portfolio in Asbury Automotive Group, Inc. (NYSE:ABG). Denali Advsr Limited Liability holds 0% of its portfolio in Asbury Automotive Group, Inc. (NYSE:ABG) for 47 shares. Federated Pa owns 186,097 shares.

Since August 4, 2017, it had 0 buys, and 5 sales for $14.02 million activity. MSD CAPITAL L P sold $5.38 million worth of stock. 48,288 shares valued at $2.94M were sold by MONAGHAN CRAIG T on Friday, October 27. Stax William Frederick also sold $26,854 worth of Asbury Automotive Group, Inc. (NYSE:ABG) on Friday, August 4. On Friday, September 15 Clements DEnnis E sold $293,300 worth of Asbury Automotive Group, Inc. (NYSE:ABG) or 5,000 shares.

Analysts expect Asbury Automotive Group, Inc. (NYSE:ABG) to report $1.60 EPS on February, 6.They anticipate $0.04 EPS change or 2.56 % from last quarter’s $1.56 EPS. ABG’s profit would be $33.31M giving it 11.48 P/E if the $1.60 EPS is correct. After having $1.48 EPS previously, Asbury Automotive Group, Inc.’s analysts see 8.11 % EPS growth. The stock increased 0.89% or $0.65 during the last trading session, reaching $73.5. About 106,143 shares traded. Asbury Automotive Group, Inc. (NYSE:ABG) has risen 7.55% since January 19, 2017 and is uptrending. It has underperformed by 9.15% the S&P500.

Asbury Automotive Group, Inc. (NYSE:ABG) Ratings Coverage

Among 7 analysts covering Asbury Automotive (NYSE:ABG), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Asbury Automotive had 21 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Friday, August 28 by KeyBanc Capital Markets. The company was maintained on Friday, September 8 by Jefferies. Bank of America upgraded Asbury Automotive Group, Inc. (NYSE:ABG) on Thursday, October 22 to “Buy” rating. The stock has “Buy” rating by Craig Hallum on Tuesday, September 8. The rating was initiated by Jefferies on Monday, April 11 with “Hold”. The company was maintained on Thursday, July 6 by Jefferies. Bank of America upgraded the shares of ABG in report on Wednesday, September 30 to “Neutral” rating. The firm earned “Hold” rating on Tuesday, January 12 by Craig Hallum. The stock has “Hold” rating by Craig Hallum on Wednesday, July 26. The company was maintained on Monday, November 13 by KeyBanc Capital Markets.

Asbury Automotive Group, Inc. operates as an automotive retailer in the United States. The company has market cap of $1.53 billion. It offers a range of automotive services and products, including new and used vehicles; and vehicle repair and maintenance, replacement parts, and collision repair services. It has a 9.5 P/E ratio. The firm also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection insurance, prepaid maintenance, and credit life and disability insurance.

Another recent and important Asbury Automotive Group, Inc. (NYSE:ABG) news was published by Prnewswire.com which published an article titled: “Asbury Automotive Group Schedules Release of Fourth Quarter and Year-End 2017 …” on January 12, 2018.

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