Stock To Watch: Asbury Automotive Group Inc (NYSE:ABG)


The leading market experts have placed a mean price target of $75.10 on Asbury Automotive Group Inc (NYSE:ABG) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.62 a share for the upcoming quarter and $6.10 for the current fiscal. Technical View The technical analysis of Asbury Automotive Group Inc Com plainly substantiates that the 50-day moving average of Asbury Automotive Group Inc Com is $55.22, and stock is hovering -2.22 or -4.02% distant from $55.22. It is noted that the 200-day MA is $57.29, and Asbury Automotive Group Inc Com stock is $-4.29 or -7.49% off from this point. Asbury Automotive Group Inc (NYSE:ABG) 52-week high is $96.58 and the 52-week low is $43.56. This explains if the stock moves $-43.58, it will post a 52-week high. In event of $+21.67% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Asbury Automotive Group Inc Com, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Asbury Automotive Group Inc (NYSE:ABG) ratio came in at 8.26. The stock last ended the trading session at $53.00 and registered a market cap of $1.17B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Asbury Automotive Group Inc (NYSE:ABG) PEG ratio is at 0.61.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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