Asbury Automotive traded at $171.10 this Friday October 23rd, decreasing $2.33 or 1.34 percent since the previous trading session. Looking back, over the last four weeks, Asbury Automotive lost 4.91 percent. Over the last 12 months, its price fell by 28.51 percent. Looking ahead, we forecast Asbury Automotive to be priced at 166.46 by the end of this quarter and at 156.15 in one year, according to Trading Economics global macro models projections and analysts expectations.
Asbury Automotive Group, Inc. is an automotive retailer in the United States. Its stores offer a range of automotive products and services, including new and used vehicles; parts and service, including vehicle repair and maintenance services, replacement parts, and collision repair services; and finance and insurance products, including arranging vehicle financing through third parties and aftermarket products, such as extended service contracts, guaranteed asset protection (GAP) insurance, prepaid maintenance, and credit life and disability insurance. It owns and operates approximately 112 new vehicle franchises, representing 31 brands of automobiles at 91 dealership locations. It also operates approximately 25 collision centers and one auto auction in approximately 16 metropolitan markets within nine states. Its new vehicle revenue brand mix consists of approximately 45% luxury, 39% imports, and 16% domestic brands.