(ABG) Asbury Automotive - Ratings and Ratios

Asbury Automotive Group, Inc. is a leading automotive retailer in the United States, operating through its Dealerships and Total Care Auto segments. The company provides a comprehensive range of automotive products and services, including new and used vehicles, repair and maintenance services, and finance and insurance products. Its diversified offerings cater to individual retail customers, other dealers, and licensed wholesalers through its network of dealerships and auctions.

With a strong presence in the US automotive retail market, Asbury Automotive Group has established itself as a significant player, leveraging its scale and expertise to drive growth and profitability. The companys business model is designed to generate revenue through multiple channels, including vehicle sales, service and repair operations, and finance and insurance products. Its ability to offer a broad range of products and services enables it to build strong relationships with customers and drive loyalty.

Analyzing the companys , we observe that the stock is currently trading at $232.07, slightly above its 20-day SMA of $230.70, indicating a positive short-term trend. The 50-day SMA is $224.88, and the 200-day SMA is $243.00, suggesting a potential resistance level. The ATR of 6.60 (2.84%) indicates moderate volatility. Considering the , the companys Market Cap is approximately $4.5 billion, with a P/E ratio of 11.13 and a Forward P/E of 8.50, indicating a relatively attractive valuation. The RoE of 12.02% suggests a decent return on equity.

Based on the and , our forecast suggests that Asbury Automotive Groups stock may experience a moderate increase in the short term, driven by its strong business model and diversified revenue streams. The companys ability to maintain its market share and drive growth through its service and repair operations, as well as its finance and insurance products, is expected to contribute to its financial performance. We anticipate the stock to potentially reach $250 in the near term, representing a 7.7% increase from its current price. However, the stock may face resistance at its 200-day SMA of $243.00, and investors should monitor the companys progress and adjust their expectations accordingly.