Asbury Automotive Group (ABG) Scheduled to Post Quarterly Earnings on Friday

Asbury Automotive Group (NYSE:ABG) will be issuing its quarterly earnings data before the market opens on Friday, August 2nd. Analysts expect the company to announce earnings of $7.56 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Asbury Automotive Group Trading Up 0.7 %

ABG opened at $257.42 on Wednesday. The firm has a market capitalization of $5.19 billion, a P/E ratio of 9.38 and a beta of 1.17. The firm’s 50 day moving average is $235.90 and its 200-day moving average is $223.62. The company has a quick ratio of 0.38, a current ratio of 1.06 and a debt-to-equity ratio of 0.93. Asbury Automotive Group has a 52-week low of $178.40 and a 52-week high of $259.67.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. downgraded shares of Asbury Automotive Group from an “overweight” rating to a “neutral” rating and set a $230.00 price objective for the company. in a report on Monday, June 10th.

About Asbury Automotive Group

Asbury Automotive Group, Inc, together with its subsidiaries, operates as an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services.