EPS for Asbury Automotive Group, Inc. (ABG) Expected At $1.67

Henrietta Strickland
July 14, 2017

It offers a range of general and specialized healthcare services to patients through a network of hospitals and outpatient facilities. (NYSE:ABG). Leuthold Gp Ltd Liability Co stated it has 0.42% of its portfolio in Asbury Automotive Group, Inc. (NYSE:ABG) for 7,863 shares. Lowe's Companies Inc now has $63.95 billion valuation. The stock declined 2.20% or $0.21 reaching $9.1 per share. Penske Automotive Group had a return on equity of 19.06% and a net margin of 1.70%. (NYSE:GPI) has risen 10.14% since July 12, 2016 and is uptrending. On average, equities research analysts forecast that Penske Automotive Group will post $4.29 EPS for the current fiscal year. (NASDAQ:RUSHB) to report $0.00 EPS on July, 25. 1,676 shares valued at $99,219 were sold by DELOACH THOMAS C JR on Monday, May 8. GPI's profit will be $45.32M for 7.61 P/E if the $2.10 EPS becomes a reality. The Arkansas-based Stephens Ar has invested 0.01% in Penske Automotive Group, Inc.

Since January 31, 2017, it had 0 buys, and 8 insider sales for $24.36 million activity. Shares for $153,553 were sold by Karolis George on Tuesday, May 30. Hult David W sold 12,500 shares worth $716,718. 10,000 shares were sold by Style Keith, worth $665,000. Bank of Montreal Can increased its stake in Group 1 Automotive by 492.7% in the first quarter. Zacks Investment Research lowered Group 1 Automotive from a "buy" rating to a "hold" rating in a research report on Wednesday, April 26th. Therefore 29% are positive. The firm has "Hold" rating given on Thursday, July 6 by Jefferies. Morgan Stanley dropped their target price on Asbury Automotive Group from $56.00 to $53.00 and set an "underweight" rating on the stock in a report on Friday, June 9th. Pub Sector Pension Inv Board has invested 0.01% in Group 1 Automotive, Inc. As per Tuesday, February 23, the company rating was upgraded by Buckingham Research. Bank of America downgraded Asbury Automotive Group, Inc. (NYSE:ABG) on Tuesday, September 8 to "Buy" rating. BB&T Capital downgraded the shares of ABG in report on Monday, October 26 to "Hold" rating. On Friday, August 28 the stock rating was maintained by KeyBanc Capital Markets with "Buy". (NYSE:ABG) has "Hold" rating given on Friday, June 2 by Jefferies.

Investors sentiment decreased to 0.77 in 2016 Q4. Its up 0.16, from 0.68 in 2016Q3.

Goldman Sachs Group Inc. increased its position in Asbury Automotive Group Inc (NYSE:ABG) by 31.9% during the first quarter, Holdings Channel reports. 28 funds opened positions while 43 raised stakes. The stock of Penske Automotive Group, Inc. Tower Research Capital Ltd (Trc) holds 0.01% of its portfolio in Group 1 Automotive, Inc. (NYSE:ABG). Savings Bank Of Mellon reported 306,995 shares. The stock of Lowe's Companies, Inc. (NYSE:PAG). Cooke And Bieler Ltd Partnership accumulated 218,844 shares or 0.23% of the stock. Burney reported 15,884 shares. ("Asbury"), a Fortune 500 company headquartered in Duluth, GA, is one of the largest automotive retailers in the U.S. Asbury now operates 80 dealerships, consisting of 96 franchises, representing 29 domestic and foreign brands of vehicles. (NYSE:LOW) shares were sold by Peace Nelson B. Shares for $1.41 million were sold by DAMRON RICKY D. Another trade for 9,299 shares valued at $753,162 was sold by Hollifield Matthew V. Focused Wealth Mngmt Incorporated has 3,263 shares for 0.22% of their portfolio. California State Teachers Retirement, California-based fund reported 41,202 shares.

A number of brokerages recently issued reports on ABG.

Since June 1, 2017, it had 0 insider buys, and 2 insider sales for $557,485 activity. (PAG) has risen 20.45% since July 12, 2016 and is uptrending. It has underperformed by 6.56% the S&P500. Credit Suisse Ag holds 34,096 shares. Lakewood Capital Management LP owned 0.43% of Group 1 Automotive worth $6,610,000 as of its most recent filing with the SEC. The fund owned 350,474 shares of the company's stock after buying an additional 1,838 shares during the period.

The stock of Group 1 Automotive, Inc.

Ratings analysis reveals 100% of Veeco Instruments's analysts are positive. Out of 3 Wall Street analysts rating Group 1 Auto, 0 give it "Buy", 1 "Sell" rating, while 2 recommend "Hold". They now have a United States dollars 50 price target on the stock. (NYSE:PAG) has "Hold" rating given on Thursday, September 15 by Gabelli. The firm has "Neutral" rating given on Wednesday, January 4 by Piper Jaffray. The firm has "Buy" rating given on Thursday, October 22 by Bank of America. As per Wednesday, November 9, the company rating was downgraded by Avondale.

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