commission nature. In 2013, F&I contributed 16.6% of total gross profit at Penske, compared with 23.6% at Asbury Automotive Group ABG. Although most dealerships are good businesses, we think the large publicly traded dealers are best positioned
development occurred in 2007 with the sale of all ownership interests by the company's private equity founders. Asbury Automotive Group is a nationwide collection of automobile dealerships that went public in March 2002. The company operates
(Reuters) - U.S. auto dealer Asbury Automotive Group Inc posted a better-than-expected quarterly profit as easier availability of loans amid an improving economy encouraged more people to buy cars.
Asbury Automotive Group reported record third-quarter results Tuesday, and adjusted earnings per share from continuing operations of $0.91 beat consensus
Asbury Automotive Group ABG reported another excellent quarter, with adjusted earnings per share from continuing operations of $0.98 in the second
Automotive SAH (rating: BB-, narrow moat), Penske Automotive Group PAG (rating: BB-, narrow moat), and Asbury Automotive Group ABG (rating: BB, narrow moat) during the quarter. While we largely see the homebuilding sector as fairly
discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Monday May 20. Bullish Calls: Asbury Automotive Group ( ABG ), AutoZone ( AZO ): "You can still buy Asbury. I feel the same way about AutoZone. This group has
(Reuters) - Asbury Automotive Group , one of the largest U.S. auto dealer chains, said its second-quarter profit rose nearly 49 percent, boosted by its finance and insurance operations.
market (beta = 2.46). The stock has had a couple of great days, gaining 6.55% over the last week. 2. Asbury Automotive Group , Inc . ( ABG ): Auto Dealerships Industry. Market cap of $677.45M. Current price at $21.34. The 50-day MA
Asbury Automotive Group ABG reported first-quarter results Wednesday that were in line with our expectations, so we are leaving our fair value estimate