ABG 73.52 Asbury Automotive Group Inc $ABG Hit a 5
Post# of 94145
ABG Asbury Automotive Group Inc Recent Headline News
Asbury Automotive Earnings Hindsight: Up 13.4% in Last 20 Days (ABG)
Comtex SmarTrend(R) - 21 mins ago
20 days ago, on October 21st, 2014, Asbury Automotive (NYSE:ABG) reported its earnings. Analysts, on average, expected earnings of $1.08 per share on sales of $1.5 billion. Asbury Automotive actually reported earnings of $1.08 per share on sales of $1.5 billion, beating EPS estimates by $0.00 and missing revenue estimates by $0.5 million. Since the company's report, shares of Asbury Automotive have risen from $64.92 to $73.63, representing a gain of 13.4% in the past 20 days.
ABG: 73.55 (-0.08)
Analyst Sees Clear Lane For AutoNation, Other Dealers
at Investor's Business Daily - Wed Oct 29, 12:35PM CDT
A new report from Sterne Agee offered a bullish outlook for car dealers Wednesday morning, a day after No. 1 U.S. dealer AutoNation (AN) topped quarterly earnings views and the same day Penske Automotive Group (PAG) met EPS estimates and announced a...
LAD: 76.15 (+0.50), KMX: 55.76 (+0.12), ABG: 73.55 (-0.08), PAG: 47.03 (+0.04), AN: 57.62 (+0.03)
ELEAD1ONE Hires Aaron Baldwin as Director of Digital Marketing
Business Wire - Tue Oct 28, 10:00AM CDT
ELEAD1ONE today announced the appointment of Aaron Baldwin to the position of Director of Digital Marketing of ELEAD1ONE, a division of Data Services, L.L.C. In his role, Aaron will be responsible for the daily operations, product strategy and performance of ELEAD Digital. ELEAD Digital develops, supports, and implements key digital marketing products for their dealer clients, including responsive websites, custom email marketing campaigns, SEO and strategic business development with cutting-edge market leaders.
ABG: 73.55 (-0.08)
Asbury Automotive Group Appoints David Hult as its Executive Vice President and Chief Operating Officer
PR Newswire - Thu Oct 23, 4:36PM CDT
Asbury Automotive Group, Inc. (NYSE: ABG), (the "Company" one of the largest automotive retail and service companies in the U.S., announced that David W. Hult will join the company as its Executive Vice President and Chief Operating Officer effective November 3, 2014.
ABG: 73.55 (-0.08)
Downgrade Alert for Asbury Automotive (ABG)
Comtex SmarTrend(R) - Thu Oct 23, 7:03AM CDT
Asbury Automotive (NYSE:ABG) was downgraded from Buy to Hold at Craig-Hallum today. The stock closed yesterday at $61.46 on volume of 694,000 shares, above average daily volume of 463,000. Asbury Automotive share prices have moved between a 52-week high of $73.35 and a 52-week low of $45.31 and closed yesterday at 36% above that low price at $61.46 per share. The 200-day and 50-day moving averages have moved 0.27% higher and 0.41% lower over the past week, respectively.
ABG: 73.55 (-0.08)
Asbury Automotive Set to Possibly Rebound After Yesterday's Selloff of 5.33%
Comtex SmarTrend(R) - Wed Oct 22, 5:20PM CDT
Asbury Automotive (NYSE:ABG) traded in a range yesterday that spanned from a low of $61.31 to a high of $64.72. Yesterday, the shares fell 5.3%, which took the trading range below the 3-day low of $62.79 on volume of 694,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
ABG: 73.55 (-0.08)
Sonic Automotive Q3 Earnings & Revenues Miss Estimates - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Oct 22, 8:30AM CDT
Sonic Automotive Inc. (SAH) reported third-quarter 2014 adjusted earnings per share of 46 cents, which was in line with the year-ago number
ABG: 73.55 (-0.08), CVGI: 6.61 (+0.01), SAH: 25.50 (+0.21), RUSHA: 37.00 (-0.09)
Asbury Automotive matches Street 3Q forecasts
Automated Insights - Tue Oct 21, 6:21AM CDT
DULUTH, Ga. (AP) _ Asbury Automotive Group Inc. (ABG) on Tuesday reported third-quarter earnings of $32.5 million.
ABG: 73.55 (-0.08)
Asbury Automotive Group Announces Record 2014 Third Quarter Financial Results
PR Newswire - Tue Oct 21, 6:00AM CDT
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today reported income from continuing operations for the third quarter of 2014 of $32.4 million, or $1.08 per diluted share, versus adjusted income from continuing operations in the third quarter of 2013 of $28.3 million, or $0.91 per diluted share, a 19% increase per diluted share. There were no adjustments for the third quarter of 2014, see attached reconciliation for reported adjustments related to the third quarter of 2013. Net income for the third quarter of 2014 was $32.5 million, or $1.08 per diluted share, compared to $22.7 million, or $0.73 per diluted share in the prior year period.
ABG: 73.55 (-0.08)
Asbury Automotive Increases Total Share Repurchase Authorization To $200 Million; Amends Credit Facility To Increase Capacity For Share Repurchases
PR Newswire - Fri Oct 17, 6:30AM CDT
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and services companies in the U.S., today announced that its Board of Directors has increased the size of the Company's share repurchase authorization. With this increase, the Company now has the authority to repurchase up to $200 million of the Company's common stock. During the third quarter of 2014, the Company repurchased $39.8 million of its common stock and from January 1, 2014 through September 30, 2014, the Company repurchased $69.2 million of its common stock. As of September 30, 2014, the Company had approximately 29.8 million shares outstanding.
ABG: 73.55 (-0.08)
Penske Automotive's Sales and Dealership Network Expand - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Oct 14, 1:00PM CDT
On Oct 10, 2014, we issued an updated research report on Penske Automotive Group Inc. (PAG)
ABG: 73.55 (-0.08), TM: 117.60 (-1.07), PAG: 47.03 (+0.04)
Lithia Motors (LAD) Slumps: LAD Falls 20.8% in Session - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Oct 14, 7:46AM CDT
Lithia Motors's shares dropped 20% yesterday , continuing the recent volatility in the past one-month time frame.
LAD: 76.15 (+0.50), CRMT: 48.22 (unch), ABG: 73.55 (-0.08), PAG: 47.03 (+0.04)
Car Dealer Stocks Crash On Lithia's Weak Used Prices
at Investor's Business Daily - Mon Oct 13, 2:35PM CDT
A drop in used-car values damaged third-quarter earnings at Lithia Motors (LAD) and caused it to reduce per-share earnings guidance well below Wall Street views, the Oregon-based auto dealer said Monday, sending the IBD 50 stock crashing 19%. Other...
KMX: 55.76 (+0.12), LAD: 76.15 (+0.50), GPI: 87.64 (+0.36), ABG: 73.55 (-0.08), PAG: 47.03 (+0.04), AN: 57.62 (+0.03)
Stocks Off Lows In Volatile Trade; Auto Retailers Slide
at Investor's Business Daily - Mon Oct 13, 11:04AM CDT
Stocks were lower Monday, but they have come well off their session lows near halftime. The Nasdaq fell 0.4% and the S&P 500 lost 0.3%. Earlier in the day, they were off by as much as 1.3% and 0.8%, respectively. The S&P 500 climbed back above the...
LAD: 76.15 (+0.50), SWKS: 60.50 (+0.62), ABG: 73.55 (-0.08), MCHP: 43.25 (+0.11), CP: 206.47 (unch), PAG: 47.03 (+0.04), CSX: 36.03 (+0.58), AVGO: 84.16 (-0.88), AN: 57.62 (+0.03)
Zacks Investment Ideas feature highlights: Asbury Automotive Group, Penske Automotive Group and Lithia Motors
PR Newswire - Mon Oct 13, 8:30AM CDT
Today, Zacks Investment Ideas feature highlights Features: Asbury Automotive Group, Inc. (NYSE:ABG-Free Report), Penske Automotive Group, Inc. (NYSEAG-Free Report) and Lithia Motors, Inc. (NYSE:LAD-Free Report).
ABG: 73.55 (-0.08)
Blue Chips Hang Tough While Broader Indexes Slump
at Investor's Business Daily - Fri Oct 10, 10:51AM CDT
Stocks were mixed in a volatile session Friday. Blue chips showed some strength, but broader indexes were still lower. Thanks to gains in UnitedHealth Group (UNH), Coca-Cola (KO) and Procter & Gamble (PG), the Dow Jones industrial average mustered a...
KO: 42.23 (-0.09), ANET: 77.92 (+0.09), ABG: 73.55 (-0.08), UNH: 93.81 (+0.20), PG: 88.77 (-0.36), MBLY: 46.19 (-0.58), SLCA: 44.55 (+1.38)
Buy What Warren Buffett is Buying - Investment Ideas
Tracey Ryniec - Zacks Investment Research - Fri Oct 10, 5:49AM CDT
Buy What Warren Buffett is Buying - Investment Ideas
LAD: 76.15 (+0.50), ABG: 73.55 (-0.08), PAG: 47.03 (+0.04)
Q auto opens second stand-alone used vehicle store in Jacksonville, FL
PR Newswire - Wed Oct 08, 9:48AM CDT
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., announced that they have opened their second stand-alone used vehicle store under the 'Q auto' brand in Jacksonville, FL.
ABG: 73.55 (-0.08)
2 Stocks Spiking on Unusual Volume
at The Street - Mon Oct 06, 8:34AM CDT
Often when above-average volume moves into an equity, it precedes a large spike in volatility.
ABG: 73.55 (-0.08), BRKR: 17.96 (+0.05)