Asbury Automotive Group Stock Revenue
| ABG Stock | USD 221.97 4.85 2.23% |
Asbury Automotive Group fundamentals help investors to digest information that contributes to Asbury Automotive's financial success or failures. It also enables traders to predict the movement of Asbury Stock. The fundamental analysis module provides a way to measure Asbury Automotive's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Asbury Automotive stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 14.8 B | 15.5 B |
Asbury | Revenue |
Asbury Automotive Group Company Revenue Analysis
Asbury Automotive's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Asbury Automotive Revenue | 14.8 B |
Most of Asbury Automotive's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Asbury Automotive Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Asbury
Projected quarterly revenue analysis of Asbury Automotive provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Asbury Automotive match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Asbury Automotive's stock price.
Asbury Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Asbury Automotive is extremely important. It helps to project a fair market value of Asbury Stock properly, considering its historical fundamentals such as Revenue. Since Asbury Automotive's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Asbury Automotive's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Asbury Automotive's interrelated accounts and indicators.
| 0.83 | 0.82 | 0.36 | 0.86 | 0.83 | ||
| 0.83 | 1.0 | 0.4 | 0.98 | 0.93 | ||
| 0.82 | 1.0 | 0.4 | 0.98 | 0.92 | ||
| 0.36 | 0.4 | 0.4 | 0.48 | 0.5 | ||
| 0.86 | 0.98 | 0.98 | 0.48 | 0.93 | ||
| 0.83 | 0.93 | 0.92 | 0.5 | 0.93 |
Click cells to compare fundamentals
Asbury Revenue Historical Pattern
Today, most investors in Asbury Automotive Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Asbury Automotive's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Asbury Automotive revenue as a starting point in their analysis.
Asbury Automotive Revenue |
| Timeline |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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Asbury Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, Asbury Automotive Group reported 14.8 B of revenue. This is 107.61% higher than that of the Specialty Retail sector and 60.92% higher than that of the Consumer Discretionary industry. The revenue for all United States stocks is 56.89% lower than that of the firm.
Asbury Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Asbury Automotive's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Asbury Automotive could also be used in its relative valuation, which is a method of valuing Asbury Automotive by comparing valuation metrics of similar companies.Asbury Automotive is currently under evaluation in revenue category among related companies.
Asbury Automotive Institutional Holders
Institutional Holdings refers to the ownership stake in Asbury Automotive that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Asbury Automotive's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Asbury Automotive's value.| Shares | Eminence Capital Llc | 2023-12-31 | 328.1 K | Norges Bank | 2023-12-31 | 299.7 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 297.4 K | T. Rowe Price Investment Management,inc. | 2023-12-31 | 284.6 K | Brave Warrior Advisors Llc | 2023-09-30 | 275.3 K | Northern Trust Corp | 2023-12-31 | 240.7 K | Channing Capital Management, Llc | 2023-12-31 | 231.4 K | Silvercrest Asset Management Group Llc | 2023-12-31 | 205.3 K | Bank Of New York Mellon Corp | 2023-12-31 | 204.6 K | Blackrock Inc | 2023-12-31 | 3.3 M | Vanguard Group Inc | 2023-12-31 | 2.3 M |
Asbury Fundamentals
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0739 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 9.95 B | ||||
| Shares Outstanding | 20.17 M | ||||
| Shares Owned By Insiders | 0.54 % | ||||
| Shares Owned By Institutions | 99.46 % | ||||
| Number Of Shares Shorted | 2.04 M | ||||
| Price To Earning | 10.61 X | ||||
| Price To Book | 1.35 X | ||||
| Price To Sales | 0.30 X | ||||
| Revenue | 14.8 B | ||||
| Gross Profit | 3.1 B | ||||
| EBITDA | 1.14 B | ||||
| Net Income | 602.5 M | ||||
| Cash And Equivalents | 235.3 M | ||||
| Cash Per Share | 5.01 X | ||||
| Total Debt | 4.99 B | ||||
| Debt To Equity | 1.59 % | ||||
| Current Ratio | 1.56 X | ||||
| Book Value Per Share | 159.54 X | ||||
| Cash Flow From Operations | 313 M | ||||
| Short Ratio | 12.67 X | ||||
| Earnings Per Share | 27.59 X | ||||
| Price To Earnings To Growth | 0.48 X | ||||
| Target Price | 247.14 | ||||
| Number Of Employees | 15 K | ||||
| Beta | 1.16 | ||||
| Market Capitalization | 4.48 B | ||||
| Total Asset | 10.16 B | ||||
| Retained Earnings | 2.96 B | ||||
| Working Capital | 181.4 M | ||||
| Current Asset | 1.34 B | ||||
| Current Liabilities | 1.01 B | ||||
| Net Asset | 10.16 B |
About Asbury Automotive Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Asbury Automotive Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Asbury Automotive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Asbury Automotive Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Asbury Automotive Investors Sentiment
The influence of Asbury Automotive's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Asbury. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Asbury Automotive's public news can be used to forecast risks associated with an investment in Asbury. The trend in average sentiment can be used to explain how an investor holding Asbury can time the market purely based on public headlines and social activities around Asbury Automotive Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Asbury Automotive's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Asbury Automotive's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Asbury Automotive's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Asbury Automotive.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Asbury Automotive in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Asbury Automotive's short interest history, or implied volatility extrapolated from Asbury Automotive options trading.
Pair Trading with Asbury Automotive
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Asbury Automotive position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Asbury Automotive will appreciate offsetting losses from the drop in the long position's value.Moving against Asbury Stock
| 0.44 | DXLG | Destination XL Group Financial Report 23rd of May 2024 | PairCorr |
The ability to find closely correlated positions to Asbury Automotive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asbury Automotive when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Asbury Automotive - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Asbury Automotive Group to buy it.
The correlation of Asbury Automotive is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Asbury Automotive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asbury Automotive moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Asbury Automotive can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Asbury Automotive Piotroski F Score and Asbury Automotive Altman Z Score analysis. Note that the Asbury Automotive information on this page should be used as a complementary analysis to other Asbury Automotive's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Asbury Stock analysis
When running Asbury Automotive's price analysis, check to measure Asbury Automotive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asbury Automotive is operating at the current time. Most of Asbury Automotive's value examination focuses on studying past and present price action to predict the probability of Asbury Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asbury Automotive's price. Additionally, you may evaluate how the addition of Asbury Automotive to your portfolios can decrease your overall portfolio volatility.
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Is Asbury Automotive's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Asbury Automotive. If investors know Asbury will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Asbury Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Earnings Share 27.59 | Revenue Per Share 749.536 | Quarterly Revenue Growth 0.173 | Return On Assets 0.0739 |
The market value of Asbury Automotive is measured differently than its book value, which is the value of Asbury that is recorded on the company's balance sheet. Investors also form their own opinion of Asbury Automotive's value that differs from its market value or its book value, called intrinsic value, which is Asbury Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Asbury Automotive's market value can be influenced by many factors that don't directly affect Asbury Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Asbury Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asbury Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asbury Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.