asbury automotive group, inc. (nyse: abg), headquartered in duluth, ga, a suburb of atlanta, is one of the largest automotive retailers in the u.s., with 2014 revenues over $5 billion. built through a combination of organic growth and a series of strategic acquisitions, asbury currently operates 87 retail auto stores, encompassing 104 franchises for the sale and servicing of 29 different brands of american, european and asian automobiles. asbury also operates 25 collision repair centers and three stand-alone used vehicle stores. asbury offers customers an extensive range of automotive products and services, including new and used vehicle sales and related financing and insurance, vehicle maintenance and repair services, replacement parts and service contracts.
Company profile
Ticker
ABG
Exchange
Website
CEO
David Hult
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
AF Motors, L.L.C. • ANL, L.P. • Arkansas Automotive Services, L.L.C. • Asbury ANT, LLC • Asbury AR Niss L.L.C. • Asbury Arlington MB, LLC • Asbury ART, LLC • Asbury Atlanta AC L.L.C. • Asbury Atlanta AU L.L.C. • Asbury Atlanta BM L.L.C. ...
IRS number
10609375
ABG stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
26 Apr 24
8-K
Asbury Automotive Group Reports Record
25 Apr 24
8-K
Asbury Automotive Announces Chief Legal Officer
19 Apr 24
DEF 14A
Definitive proxy
3 Apr 24
10-K
2023 FY
Annual report
29 Feb 24
8-K/A
Completion of Acquisition or Disposition of Assets
23 Feb 24
8-K
Asbury Automotive Group Reports Fourth Quarter Financial Results
8 Feb 24
8-K
Asbury Automotive Group Completes Acquisition of Jim Koons Automotive Companies
11 Dec 23
10-Q
2023 Q3
Quarterly report
27 Oct 23
8-K
Results of Operations and Financial Condition
25 Oct 23
Transcripts
ABG
Earnings call transcript
2024 Q1
25 Apr 24
ABG
Earnings call transcript
2023 Q4
8 Feb 24
ABG
Earnings call transcript
2023 Q3
24 Oct 23
ABG
Earnings call transcript
2023 Q2
25 Jul 23
ABG
Earnings call transcript
2023 Q2
25 Jul 23
ABG
Earnings call transcript
2023 Q1
25 Apr 23
ABG
Earnings call transcript
2022 Q4
2 Feb 23
ABG
Earnings call transcript
2022 Q3
28 Oct 22
ABG
Earnings call transcript
2022 Q2
28 Jul 22
ABG
Earnings call transcript
2022 Q1
28 Apr 22
Latest ownership filings
4
Jed Milstein
13 Mar 24
144
Notice of proposed sale of securities
12 Mar 24
4
Miran Maric
11 Mar 24
4
JUANITA T JAMES
11 Mar 24
4
Nathan Edward Briesemeister
11 Mar 24
144
Notice of proposed sale of securities
8 Mar 24
144
Notice of proposed sale of securities
7 Mar 24
4
Miran Maric
7 Mar 24
4
Michael Welch
7 Mar 24
4
David W Hult
7 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 41.60 mm | 41.60 mm | 41.60 mm | 41.60 mm | 41.60 mm | 41.60 mm |
Cash burn (monthly) | 11.97 mm | 8.31 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 82.75 mm | 57.45 mm | n/a | n/a | n/a | n/a |
Cash remaining | -41.15 mm | -15.85 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -3.4 | -1.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 311 |
Opened positions | 40 |
Closed positions | 32 |
Increased positions | 96 |
Reduced positions | 134 |
13F shares | Current |
---|---|
Total value | 5.07 tn |
Total shares | 22.06 mm |
Total puts | 133.10 k |
Total calls | 288.70 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 3.18 mm | $732.40 bn |
Vanguard | 2.31 mm | $531.15 bn |
Abrams Capital Management | 2.11 mm | $485.11 bn |
Impactive Capital | 1.99 mm | $457.36 bn |
Neuberger Berman | 1.44 mm | $331.48 bn |
Dimensional Fund Advisors | 828.72 k | $190.67 bn |
STT State Street | 788.81 k | $181.48 bn |
Simcoe Capital Management | 632.90 k | $145.61 bn |
Congress Asset Management | 517.70 k | $119.11 bn |
Capital Research Global Investors | 438.81 k | $100.96 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Mar 24 | Jed Milstein | Common Stock | Sell | Dispose S | No | No | 209 | 3,955 | 826.60 k | 8,300 |
8 Mar 24 | Miran Maric | Common Stock | Sell | Dispose S | No | No | 211.64 | 2,600 | 550.26 k | 2,384 |
8 Mar 24 | James Juanita T | Common Stock | Gift | Dispose G | No | No | 0 | 220 | 0.00 | 7,205 |
7 Mar 24 | Nathan Edward Briesemeister | Common Stock | Sell | Dispose S | No | No | 210.21 | 50 | 10.51 k | 1,403 |
7 Mar 24 | Nathan Edward Briesemeister | Common Stock | Sell | Dispose S | No | No | 210 | 50 | 10.50 k | 1,453 |
7 Mar 24 | Nathan Edward Briesemeister | Common Stock | Sell | Dispose S | No | No | 209 | 50 | 10.45 k | 1,503 |
28 Feb 24 | Miran Maric | Common Stock | Payment of exercise | Dispose F | No | No | 212 | 278 | 58.94 k | 4,736 |
28 Feb 24 | Miran Maric | Common Stock | Option exercise | Acquire M | No | No | 0 | 618 | 0.00 | 5,014 |
28 Feb 24 | Miran Maric | Common Stock | Payment of exercise | Dispose F | No | No | 212 | 124 | 26.29 k | 4,396 |
28 Feb 24 | Miran Maric | Performance Share Units Common Stock | Option exercise | Dispose M | No | No | 0 | 618 | 0.00 | 620 |
News
Asbury Automotive Is Trading Lower On Heels Of Q1 Earnings Report
25 Apr 24
Asbury Automotive Gr Q1 2024 GAAP EPS $7.21 Misses $7.63 Estimate, Sales $4.201B Miss $4.264B Estimate
25 Apr 24
Asbury Automotive Q1 2024 GAAP EPS $7.21 Misses $7.63 Estimate
25 Apr 24
Asbury Automotive Q1 Sales $4.201B Miss $4.264B Estimate
25 Apr 24
10 Consumer Discretionary Stocks Whale Activity In Today's Session
14 Mar 24
Press releases
Asbury Automotive Group Reports Record $4.2 Billion in Revenue
25 Apr 24
Asbury Automotive Announces Chief Legal Officer George Villasana to Retire
19 Apr 24
Asbury Automotive Group Releases 2023 Corporate Responsibility Report
16 Apr 24
Asbury Automotive Group Schedules Release of First Quarter 2024 Financial Results
9 Apr 24
Asbury Automotive Group Reports Fourth Quarter Financial Results
8 Feb 24