Asbury Automotive Group Inc (ABG) 56.12 $ABG
Asbury Automotive Group Announces Second Quarter 2016 Earnings
PR Newswire - Tue Jul 26, 6:05AM CDT
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today reported net income for the second quarter 2016 of $36.7 million, or $1.65 per diluted share, compared to $41.1 million, or $1.52 per diluted share in the prior year quarter, a 9% increase per diluted share. Total revenue for the second quarter was $1.6 billion, down 4% from the prior year period principally attributable to strategic divestitures during the second half of 2015; total revenue on a same store basis was down 1% from the prior year period.
ABG: 56.14 (-3.50)
Asbury Automotive Group Announces Amended And Restated $1.3 Billion Senior Credit Facility
PR Newswire - Tue Jul 26, 6:00AM CDT
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today announced that it has entered into a second amended and restated $1.3 billion, five-year syndicated senior credit facility. Asbury's new senior credit facility replaces the Company's previously amended and restated facility, and provides additional borrowing availability, increased financial flexibility, and an extended maturity date as compared to the prior facility. The new vehicle floor plan interest rate will remain at one-month LIBOR plus 125 basis points and the used vehicle floor plan interest will remain at one-month LIBOR plus 150 basis points. Asbury's new senior credit facility provides for:
ABG: 56.14 (-3.50)
Zacks.com featured highlights: Asbury Automotive Group, AmerisourceBergen, AutoNation, Global Brass & Copper and Bunge
Zacks Equity Research - Zacks Investment Research - Thu Jul 07, 8:30AM CDT
Zacks.com featured highlights: Asbury Automotive Group, AmerisourceBergen, AutoNation, Global Brass & Copper and Bunge
BG: 63.26 (+0.23), ABC: 89.26 (+3.72), ABG: 56.14 (-3.50), BRSS: 27.39 (-0.46), AN: 49.08 (-2.74)
5 Stocks Set to Gain from Recent Broker Rating Upgrades
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 8:01AM CDT
A rating upgrade generally leads to stock price appreciation.
ABC: 89.26 (+3.72), BG: 63.26 (+0.23), ABG: 56.14 (-3.50), BRSS: 27.39 (-0.46), AN: 49.08 (-2.74)
Q auto Adds a New Location in Holiday, Florida
PR Newswire - Fri May 27, 6:01AM 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 in the Tampa market under the 'Q auto' brand today.
ABG: 56.14 (-3.50)
Asbury Automotive Group to Present at Investor Conferences
PR Newswire - Wed May 11, 6:01AM CDT
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., announced today that senior management will present at the Craig-Hallum Capital Group 13th Annual Institutional Investor Conference in Minneapolis on June 1st, at the BB&T Capital Markets Car Talk in the City in New York City on June 6th, and at the Stephens Spring Investment Conference in New York City on June 8th.
ABG: 56.14 (-3.50)
Asbury Automotive beats 1Q profit forecasts
Automated Insights - Tue Apr 26, 6:54AM CDT
DULUTH, Ga. (AP) _ Asbury Automotive Group Inc. (ABG) on Tuesday reported first-quarter earnings of $31 million.
ABG: 56.14 (-3.50)
Asbury Automotive Group Announces Record 2016 First Quarter Financial Results
PR Newswire - Tue Apr 26, 6:00AM CDT
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today reported adjusted income from continuing operations for the first quarter 2016 of $33.2 million, or $1.36 per diluted share, versus income from continuing operations in the first quarter 2015 of $35.9 million, or $1.30 per diluted share, a 5% increase per diluted share. Income from continuing operations for the first quarter 2016 was adjusted for $3.4 million in pre-tax real estate related charges, or $0.09 per diluted share. There were no adjustments to income from continuing operations for the first quarter 2015. Net income for the first quarter 2016 was $31.0 million, or $1.27 per diluted share, compared to $35.9 million, or $1.30 per diluted share in the prior year period. See attached reconciliation for reported adjustments related to both of these periods.
ABG: 56.14 (-3.50)
Should You Buy Asbury Automotive Group (ABG) Ahead of Earnings?
Zacks Equity Research - Zacks Investment Research - Fri Apr 22, 7:52AM CDT
Asbury Automotive Group (ABG) looks poised to beat analyst estimates this earnings season, with a favourable Zacks Rank and an ESP in positive territory
ABG: 56.14 (-3.50)
VPG Appoints Janet Clarke to Its Board of Directors
BusinessWire - Tue Apr 05, 3:30PM CDT
Vishay Precision Group, Inc. (NYSE: VPG), a leading producer of precision sensors and systems, today announced the appointment of a new independent member to its Board of Directors, Ms. Janet Clarke.
ABG: 56.14 (-3.50), VPG: 13.44 (-0.19)
Asbury Automotive Group Schedules Release of First Quarter Financial Results
PR Newswire - Tue Apr 05, 6:01AM CDT
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its first quarter financial results before the market opens on April 26, 2016. President and CEO Craig T. Monaghan, Executive Vice President and COO David W. Hult, and Senior Vice President and CFO Keith R. Style will host a conference call later that day, at 10:00 a.m. Eastern Time.
ABG: 56.14 (-3.50)
Watch for Asbury Automotive to Potentially Pullback After Gaining 2.27% Yesterday
Comtex SmarTrend(R) - Mon Mar 21, 3:18PM CDT
Asbury Automotive (NYSE:ABG) traded in a range yesterday that spanned from a low of $59.85 to a high of $61.21. Yesterday, the shares gained 2.3%, which took the trading range above the 3-day high of $60.40 on volume of 261,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
ABG: 56.14 (-3.50)
Asbury Automotive Down 34.3% Since SmarTrend Downtrend Call (ABG)
Comtex SmarTrend(R) - Fri Feb 05, 10:41AM CST
SmarTrend identified a Downtrend for Asbury Automotive (NYSE:ABG) on December 11th, 2015 at $71.25. In approximately 2 months, Asbury Automotive has returned 34.30% as of today's recent price of $46.81.
ABG: 56.14 (-3.50)
Asbury Automotive misses 4Q profit forecasts
Automated Insights - Thu Feb 04, 7:37AM CST
DULUTH, Ga. (AP) _ Asbury Automotive Group Inc. (ABG) on Thursday reported fourth-quarter earnings of $41.1 million.
ABG: 56.14 (-3.50)
Asbury Automotive Group Announces Record 2015 Fourth Quarter And Full-Year Financial Results
PR Newswire - Thu Feb 04, 6:00AM CST
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today reported adjusted income from continuing operations for the fourth quarter 2015 of $32.8 million, or $1.31 per diluted share, versus adjusted income from continuing operations in the fourth quarter 2014 of $31.4 million, or $1.07 per diluted share, a 22% increase per diluted share. The fourth quarter of 2015 benefited from a favorable tax rate of 37.2% versus 39.0% during the fourth quarter of 2014. Income from continuing operations for the fourth quarter 2015 included a $13.5 million pre-tax gain on divestitures, or $0.34 per diluted share. Income from continuing operations for the fourth quarter 2014 included a $31.9 million pre-tax loss on extinguishment of long-term debt, or $0.66 per diluted share. Net income for the fourth quarter 2015 was $41.1 million, or $1.64 per diluted share, compared to $11.8 million, or $0.40 per diluted share in the prior year period. See attached reconciliation for reported adjustments related to both of these periods.
ABG: 56.14 (-3.50)
Asbury Automotive Shares Down 35.7% Since SmarTrend's Sell Call (ABG)
Comtex SmarTrend(R) - Thu Jan 28, 5:28PM CST
SmarTrend identified a Downtrend for Asbury Automotive (NYSE:ABG) on December 11th, 2015 at $71.25. In approximately 2 months, Asbury Automotive has returned 35.71% as of today's recent price of $45.81.
ABG: 56.14 (-3.50)
BUYINS.NET: AFK, AUY, ABG, LLL, CSFL, KAR Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Thu Jan 28, 8:49AM CST
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Market Vectors Africa ETF (NYSE:AFK), Autonomy Corp PLC (NYSE:AUY), Asbury Automotive Group Inc (NYSE:ABG), L-3 Communications Holdings Inc (NYSE:LLL), Centerstate Banks Inc (NASDAQ:CSFL), KAR AUCTION SERVICES INCORPORATION (NYSE:KAR) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
ABG: 56.14 (-3.50), KAR: 42.22 (-0.70), CSFL: 16.49 (unch), AFK: 20.70 (+0.35), AUY: 5.87 (+0.10), LLL: 150.35 (-1.16)
After Yesterday's Rally of 2.84% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Jan 25, 4:59PM CST
Asbury Automotive (NYSE:ABG) traded in a range yesterday that spanned from a low of $48.72 to a high of $50.94. Yesterday, the shares gained 2.8%, which took the trading range above the 3-day high of $49.53 on volume of 1.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
ABG: 56.14 (-3.50)
Federal Realty Investment Trust Set to Join the S&P 500; Curtiss-Wright, Pool to Join S&P MidCap 400; Cray, Asbury Automotive to Join S&P SmallCap 600
PR Newswire - Fri Jan 22, 4:49PM CST
S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
BMR: 23.81 (+0.04), CW: 88.32 (-0.71), ABG: 56.14 (-3.50), BRCM: 54.67 (+0.17), POOL: 101.00 (-1.51), FRT: 167.64 (-2.71), MHFI: 107.92 (+1.16), AVGO: 162.83 (-0.68), CRAY: 31.44 (-0.13)
Asbury Automotive Group Announces Second Quarter 2016 Earnings
PR Newswire - Tue Jul 26, 6:05AM CDT
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today reported net income for the second quarter 2016 of $36.7 million, or $1.65 per diluted share, compared to $41.1 million, or $1.52 per diluted share in the prior year quarter, a 9% increase per diluted share. Total revenue for the second quarter was $1.6 billion, down 4% from the prior year period principally attributable to strategic divestitures during the second half of 2015; total revenue on a same store basis was down 1% from the prior year period.
ABG: 56.14 (-3.50)
Asbury Automotive Group Announces Amended And Restated $1.3 Billion Senior Credit Facility
PR Newswire - Tue Jul 26, 6:00AM CDT
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today announced that it has entered into a second amended and restated $1.3 billion, five-year syndicated senior credit facility. Asbury's new senior credit facility replaces the Company's previously amended and restated facility, and provides additional borrowing availability, increased financial flexibility, and an extended maturity date as compared to the prior facility. The new vehicle floor plan interest rate will remain at one-month LIBOR plus 125 basis points and the used vehicle floor plan interest will remain at one-month LIBOR plus 150 basis points. Asbury's new senior credit facility provides for:
ABG: 56.14 (-3.50)
Zacks.com featured highlights: Asbury Automotive Group, AmerisourceBergen, AutoNation, Global Brass & Copper and Bunge
Zacks Equity Research - Zacks Investment Research - Thu Jul 07, 8:30AM CDT
Zacks.com featured highlights: Asbury Automotive Group, AmerisourceBergen, AutoNation, Global Brass & Copper and Bunge
BG: 63.26 (+0.23), ABC: 89.26 (+3.72), ABG: 56.14 (-3.50), BRSS: 27.39 (-0.46), AN: 49.08 (-2.74)
5 Stocks Set to Gain from Recent Broker Rating Upgrades
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 8:01AM CDT
A rating upgrade generally leads to stock price appreciation.
ABC: 89.26 (+3.72), BG: 63.26 (+0.23), ABG: 56.14 (-3.50), BRSS: 27.39 (-0.46), AN: 49.08 (-2.74)
Q auto Adds a New Location in Holiday, Florida
PR Newswire - Fri May 27, 6:01AM 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 in the Tampa market under the 'Q auto' brand today.
ABG: 56.14 (-3.50)
Asbury Automotive Group to Present at Investor Conferences
PR Newswire - Wed May 11, 6:01AM CDT
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., announced today that senior management will present at the Craig-Hallum Capital Group 13th Annual Institutional Investor Conference in Minneapolis on June 1st, at the BB&T Capital Markets Car Talk in the City in New York City on June 6th, and at the Stephens Spring Investment Conference in New York City on June 8th.
ABG: 56.14 (-3.50)
Asbury Automotive beats 1Q profit forecasts
Automated Insights - Tue Apr 26, 6:54AM CDT
DULUTH, Ga. (AP) _ Asbury Automotive Group Inc. (ABG) on Tuesday reported first-quarter earnings of $31 million.
ABG: 56.14 (-3.50)
Asbury Automotive Group Announces Record 2016 First Quarter Financial Results
PR Newswire - Tue Apr 26, 6:00AM CDT
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today reported adjusted income from continuing operations for the first quarter 2016 of $33.2 million, or $1.36 per diluted share, versus income from continuing operations in the first quarter 2015 of $35.9 million, or $1.30 per diluted share, a 5% increase per diluted share. Income from continuing operations for the first quarter 2016 was adjusted for $3.4 million in pre-tax real estate related charges, or $0.09 per diluted share. There were no adjustments to income from continuing operations for the first quarter 2015. Net income for the first quarter 2016 was $31.0 million, or $1.27 per diluted share, compared to $35.9 million, or $1.30 per diluted share in the prior year period. See attached reconciliation for reported adjustments related to both of these periods.
ABG: 56.14 (-3.50)
Should You Buy Asbury Automotive Group (ABG) Ahead of Earnings?
Zacks Equity Research - Zacks Investment Research - Fri Apr 22, 7:52AM CDT
Asbury Automotive Group (ABG) looks poised to beat analyst estimates this earnings season, with a favourable Zacks Rank and an ESP in positive territory
ABG: 56.14 (-3.50)
VPG Appoints Janet Clarke to Its Board of Directors
BusinessWire - Tue Apr 05, 3:30PM CDT
Vishay Precision Group, Inc. (NYSE: VPG), a leading producer of precision sensors and systems, today announced the appointment of a new independent member to its Board of Directors, Ms. Janet Clarke.
ABG: 56.14 (-3.50), VPG: 13.44 (-0.19)
Asbury Automotive Group Schedules Release of First Quarter Financial Results
PR Newswire - Tue Apr 05, 6:01AM CDT
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its first quarter financial results before the market opens on April 26, 2016. President and CEO Craig T. Monaghan, Executive Vice President and COO David W. Hult, and Senior Vice President and CFO Keith R. Style will host a conference call later that day, at 10:00 a.m. Eastern Time.
ABG: 56.14 (-3.50)
Watch for Asbury Automotive to Potentially Pullback After Gaining 2.27% Yesterday
Comtex SmarTrend(R) - Mon Mar 21, 3:18PM CDT
Asbury Automotive (NYSE:ABG) traded in a range yesterday that spanned from a low of $59.85 to a high of $61.21. Yesterday, the shares gained 2.3%, which took the trading range above the 3-day high of $60.40 on volume of 261,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
ABG: 56.14 (-3.50)
Asbury Automotive Down 34.3% Since SmarTrend Downtrend Call (ABG)
Comtex SmarTrend(R) - Fri Feb 05, 10:41AM CST
SmarTrend identified a Downtrend for Asbury Automotive (NYSE:ABG) on December 11th, 2015 at $71.25. In approximately 2 months, Asbury Automotive has returned 34.30% as of today's recent price of $46.81.
ABG: 56.14 (-3.50)
Asbury Automotive misses 4Q profit forecasts
Automated Insights - Thu Feb 04, 7:37AM CST
DULUTH, Ga. (AP) _ Asbury Automotive Group Inc. (ABG) on Thursday reported fourth-quarter earnings of $41.1 million.
ABG: 56.14 (-3.50)
Asbury Automotive Group Announces Record 2015 Fourth Quarter And Full-Year Financial Results
PR Newswire - Thu Feb 04, 6:00AM CST
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today reported adjusted income from continuing operations for the fourth quarter 2015 of $32.8 million, or $1.31 per diluted share, versus adjusted income from continuing operations in the fourth quarter 2014 of $31.4 million, or $1.07 per diluted share, a 22% increase per diluted share. The fourth quarter of 2015 benefited from a favorable tax rate of 37.2% versus 39.0% during the fourth quarter of 2014. Income from continuing operations for the fourth quarter 2015 included a $13.5 million pre-tax gain on divestitures, or $0.34 per diluted share. Income from continuing operations for the fourth quarter 2014 included a $31.9 million pre-tax loss on extinguishment of long-term debt, or $0.66 per diluted share. Net income for the fourth quarter 2015 was $41.1 million, or $1.64 per diluted share, compared to $11.8 million, or $0.40 per diluted share in the prior year period. See attached reconciliation for reported adjustments related to both of these periods.
ABG: 56.14 (-3.50)
Asbury Automotive Shares Down 35.7% Since SmarTrend's Sell Call (ABG)
Comtex SmarTrend(R) - Thu Jan 28, 5:28PM CST
SmarTrend identified a Downtrend for Asbury Automotive (NYSE:ABG) on December 11th, 2015 at $71.25. In approximately 2 months, Asbury Automotive has returned 35.71% as of today's recent price of $45.81.
ABG: 56.14 (-3.50)
BUYINS.NET: AFK, AUY, ABG, LLL, CSFL, KAR Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Thu Jan 28, 8:49AM CST
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Market Vectors Africa ETF (NYSE:AFK), Autonomy Corp PLC (NYSE:AUY), Asbury Automotive Group Inc (NYSE:ABG), L-3 Communications Holdings Inc (NYSE:LLL), Centerstate Banks Inc (NASDAQ:CSFL), KAR AUCTION SERVICES INCORPORATION (NYSE:KAR) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
ABG: 56.14 (-3.50), KAR: 42.22 (-0.70), CSFL: 16.49 (unch), AFK: 20.70 (+0.35), AUY: 5.87 (+0.10), LLL: 150.35 (-1.16)
After Yesterday's Rally of 2.84% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Jan 25, 4:59PM CST
Asbury Automotive (NYSE:ABG) traded in a range yesterday that spanned from a low of $48.72 to a high of $50.94. Yesterday, the shares gained 2.8%, which took the trading range above the 3-day high of $49.53 on volume of 1.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
ABG: 56.14 (-3.50)
Federal Realty Investment Trust Set to Join the S&P 500; Curtiss-Wright, Pool to Join S&P MidCap 400; Cray, Asbury Automotive to Join S&P SmallCap 600
PR Newswire - Fri Jan 22, 4:49PM CST
S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
BMR: 23.81 (+0.04), CW: 88.32 (-0.71), ABG: 56.14 (-3.50), BRCM: 54.67 (+0.17), POOL: 101.00 (-1.51), FRT: 167.64 (-2.71), MHFI: 107.92 (+1.16), AVGO: 162.83 (-0.68), CRAY: 31.44 (-0.13)
