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ABG
Stock ticker:
NYSE
AS OF
Jul 1 closing price
Price
$173.17
Change
+$4.29 (+2.54%)
Capitalization
3.83B

ABG Price Prediction, Asbury Automotive Group AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jul 01, 2022

ABG's RSI Indicator ascending out of oversold territory

The RSI Indicator for ABG moved out of oversold territory on June 17, 2022. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 25 similar instances when the indicator left oversold territory. In 22 of the 25 cases the stock moved higher. This puts the odds of a move higher at 88%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on July 01, 2022. You may want to consider a long position or call options on ABG as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for ABG just turned positive on June 28, 2022. Looking at past instances where ABG's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ABG advanced for three days, in of 337 cases, the price rose further within the following month. The odds of a continued upward trend are .

ABG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 66 cases where ABG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

ABG moved below its 50-day moving average on June 28, 2022 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for ABG crossed bearishly below the 50-day moving average on June 21, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ABG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for ABG entered a downward trend on June 23, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 78, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ABG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.757) is normal, around the industry mean (10.593). P/E Ratio (5.400) is within average values for comparable stocks, (41.172). ABG's Projected Growth (PEG Ratio) (0.310) is slightly lower than the industry average of (1.277). ABG has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.034). P/S Ratio (0.314) is also within normal values, averaging (33.754).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

AI
A.I.Advisor
published price charts
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A.I. Advisor
published Earnings

ABG is expected to report earnings to fall 4.75% to $8.83 per share on July 26

Asbury Automotive Group ABG Stock Earnings Reports
Q2'22
Est.
$8.83
Q1'22
Beat
by $0.33
Q4'21
Beat
by $1.34
Q3'21
Beat
by $1.00
Q2'21
Beat
by $2.69
The last earnings report on April 28 showed earnings per share of $9.27, beating the estimate of $8.94. With 109.88K shares outstanding, the current market capitalization sits at 3.83B.
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A.I.Advisor
published Dividends

ABG paid dividends on August 22, 2008

Asbury Automotive Group ABG Stock Dividends
А quarterly dividend of $0.22 per share was paid with a record date of August 22, 2008, and an ex-dividend date of July 30, 2008. Read more...
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published Highlights

Notable companies

The most notable companies in this group are Home Depot (NYSE:HD), Lowe's Companies (NYSE:LOW), AutoZone (NYSE:AZO), Tractor Supply Company (NASDAQ:TSCO), Ulta Beauty (NASDAQ:ULTA), Best Buy Company (NYSE:BBY), Advance Auto Parts (NYSE:AAP), GameStop Corp (NYSE:GME), Five Below (NASDAQ:FIVE), Bath & Body Works (NYSE:BBWI).

Industry description

The specialty stores sector includes companies dedicated to the sale of retail products focused on a single product category, such as clothing, carpet, books, or office supplies. A specialty store could face intense competition from big-box departmental chains, and therefore offering an adequate collection of the product type it specializes in is key in maintaining/growing its market.

Market Cap

The average market capitalization across the Specialty Stores Industry is 6.03B. The market cap for tickers in the group ranges from 48 to 281.88B. HD holds the highest valuation in this group at 281.88B. The lowest valued company is CALI at 48.

High and low price notable news

The average weekly price growth across all stocks in the Specialty Stores Industry was -4%. For the same Industry, the average monthly price growth was 39%, and the average quarterly price growth was 27%. YSG experienced the highest price growth at 65%, while CCRRF experienced the biggest fall at -69%.

Volume

The average weekly volume growth across all stocks in the Specialty Stores Industry was -78%. For the same stocks of the Industry, the average monthly volume growth was -54% and the average quarterly volume growth was -30%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 48
P/E Growth Rating: 64
Price Growth Rating: 59
SMR Rating: 27
Profit Risk Rating: 78
Seasonality Score: 5 (-100 ... +100)
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published General Information

General Information

an operator of an automotive retailers

Industry SpecialtyStores

Profile
Fundamentals
Details
Industry
Specialty Stores
Address
2905 Premiere Parkway North West
Phone
+1 770 418-8200
Employees
14200
Web
https://www.asburyauto.com

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ABG and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, ABG has been closely correlated with PAG. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if ABG jumps, then PAG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ABG
1D Price
Change %
ABG100%
+2.26%
PAG - ABG
75%
Closely correlated
+1.78%
GPI - ABG
75%
Closely correlated
+1.43%
SAH - ABG
75%
Closely correlated
+2.29%
AN - ABG
74%
Closely correlated
+2.75%
LAD - ABG
72%
Closely correlated
+1.96%
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