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Stock impact report

Asbury Automotive Group (ABG): Revisiting Valuation After Recent Share Price Outperformance [Yahoo! Finance]

Asbury Automotive Group Inc (ABG) 
Last asbury automotive group inc earnings: 2/3 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
See our latest analysis for Asbury Automotive Group. Zooming out, the recent 1 month share price return of 6.27 percent sits against a more muted year to date share price gain and a 1 year total shareholder return of minus 3.61 percent. This hints that near term momentum is tentatively rebuilding after a strong multi year run. If Asbury's latest move has you rethinking the auto space altogether, it could be worth exploring other auto manufacturers that might be setting up for the next leg higher. With shares still trading below analyst targets but a hefty multiyear gain already in the rearview mirror, the key question now is whether Asbury remains undervalued or if the market has fully priced in its future growth. With Asbury Automotive Group last closing at $236.90 against a narrative fair value of $261.75, the story points to modest upside from here. The acquisition of Herb Chambers expands Asbury's presence in a stable, affluent market (New England) with a high mix of lu Show less Read more
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