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ABG
Stock ticker: NYSE
AS OF
Dec 20, 04:59 PM (EDT)
Price
$245.74
Change
+$1.88 (+0.77%)
Capitalization
4.78B

ABG Asbury Automotive Group Forecast, Technical & Fundamental Analysis

an operator of an automotive retailers

ABG
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for ABG with price predictions
Dec 20, 2024

ABG sees MACD Histogram crosses below signal line

ABG saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on November 27, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 44 instances where the indicator turned negative. In of the 44 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ABG as a result. In of 97 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

ABG moved below its 50-day moving average on December 18, 2024 date and that indicates a change from an upward trend to a downward trend.

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 .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where ABG's RSI Oscillator exited the oversold zone, of 28 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ABG advanced for three days, in of 317 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.

The Aroon Indicator entered an Uptrend today. In of 206 cases where ABG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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 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 75, 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 SMR rating for this company is (best 1 - 100 worst), indicating 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 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 (1.474) is normal, around the industry mean (12.393). P/E Ratio (8.154) is within average values for comparable stocks, (36.657). Projected Growth (PEG Ratio) (0.519) is also within normal values, averaging (2.650). ABG has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.034). P/S Ratio (0.332) is also within normal values, averaging (19.235).

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ABG
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published Earnings

ABG is expected to report earnings to fall 4.25% to $6.08 per share on February 05

Asbury Automotive Group ABG Stock Earnings Reports
Q4'24
Est.
$6.08
Q3'24
Missed
by $0.23
Q2'24
Missed
by $1.16
Q1'24
Missed
by $0.55
Q4'23
Missed
by $0.53
The last earnings report on October 29 showed earnings per share of $6.35, missing the estimate of $6.58. With 658.75K shares outstanding, the current market capitalization sits at 4.78B.
A.I.Advisor
published Dividends

ABG paid dividends on August 22, 2008

Asbury Automotive Group ABG Stock Dividends
А 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...
A.I. Advisor
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
15000
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 80% 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%
+0.78%
PAG - ABG
80%
Closely correlated
+0.24%
AN - ABG
79%
Closely correlated
+0.25%
GPI - ABG
75%
Closely correlated
+1.23%
LAD - ABG
72%
Closely correlated
-0.09%
SAH - ABG
67%
Closely correlated
-0.08%
More

Groups containing ABG

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ABG
1D Price
Change %
ABG100%
+0.78%
ABG
(6 stocks)
91%
Closely correlated
+0.39%