Asbury Automotive Group, FY2022 Earnings Predictions from Research Analysts

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Asbury Automotive Intrinsic Value – Asbury Automotive ($NYSE:ABG) Group, Inc. is a leading automotive retailer that operates across the United States. The company’s stock is publicly traded on the New York Stock Exchange .

Asbury Automotive Group, Inc. is followed by research analysts at a variety of investment firms. Investors will be closely watching the company’s earnings reports in the coming months to see if it can meet or exceed these predictions.

Earnings

ASBURY AUTOMOTIVE‘s total revenue increased by 46.2% to reach 14382.8M USD in the FY2022 Q3 earning report. This is compared to the 7131.8M USD total revenue in the previous year. ASBURY AUTOMOTIVE’s net income also increased by 47.4% to reach 784.6M USD.

These increases can be attributed to the company’s strong performance in the automotive market. The company is well-positioned to continue its growth trajectory in the coming years.

Share Price

The company is headquartered in Duluth, Georgia. On Wednesday, ASBURY AUTOMOTIVE stock opened at $166.4 and closed at $155.3, drop by 7.4% from prior closing price of 167.8. The mixed media coverage on the company might be the reason for the drop in stock prices.

VI Analysis – Asbury Automotive Intrinsic Value Calculator

Asbury Automotive Group is an American automotive retailer. The company’s fundamentals reflect its long term potential. The intrinsic value of Asbury Automotive Group’s share is around $208.3, calculated by VI Line. Now Asbury Automotive Group’s stock is traded at $155.3, undervalued by 25%.

VI Peers

Asbury Automotive Group Inc, Sonic Automotive Inc, Group 1 Automotive Inc, and Penske Automotive Group Inc are all competing for market share in the automotive retail industry. All four companies have a nationwide footprint and are considered the top-tier automotive retailers in the United States.

– Sonic Automotive Inc ($NYSE:SAH)

Sonic Automotive, Inc. is a leading automotive retailer in the United States. The company operates over 150 dealerships in 14 states. Sonic Automotive is a publicly traded company on the NASDAQ stock exchange under the ticker symbol SAH. The company’s headquarters is in Charlotte, North Carolina.

Sonic Automotive’s market capitalization is $1.67 billion as of 2022. The company’s return on equity is 32.11%. Sonic Automotive is a leading automotive retailer in the United States. The company operates over 150 dealerships in 14 states. Sonic Automotive is a publicly traded company on the NASDAQ stock exchange under the ticker symbol SAH. The company’s headquarters is in Charlotte, North Carolina.

– Group 1 Automotive Inc ($NYSE:GPI)

Group 1 Automotive Inc is a publically traded company that operates in the automotive retail industry. The company operates through three segments: the United States, the United Kingdom, and Brazil. The company operates over 200 automotive dealerships, which sell 30 different brands of automobiles. The company has a market cap of 2.46B as of 2022 and a return on equity of 33.54%.

– Penske Automotive Group Inc ($NYSE:PAG)

Penske Automotive Group Inc is an American multinational transportation services company. It is headquartered in Bloomfield Hills, Michigan and operates in the retail automotive industry. The company operates over 3,300 automobile dealerships and auto service outlets in the United States, Canada, and Europe.

Penske Automotive Group Inc had a market capitalization of 7.85 billion dollars as of 2022. The company had a return on equity of 29.56%. The company operated over 3,300 automobile dealerships and auto service outlets in the United States, Canada, and Europe.

Summary

Asbury Automotive is a publicly traded company that operates in the automotive retail industry. Asbury Automotive owns and operates a network of car dealerships across the United States. Investors may be interested in Asbury Automotive because it is a leader in the automotive retail industry.

Asbury Automotive has a strong track record of profitability and has been growing its revenue and earnings at a double-digit pace in recent years. Risks to consider before investing in Asbury Automotive include the potential for slowing growth in the automotive retail industry, competitive pressures, and the company’s heavy reliance on debt to finance its growth.