Asbury Automotive Group, Inc.

Last price update: 15 Apr 24 23:00 GMT

Price:
$215.12
Open:
$218.25
Previous close:
$217.51
Day's range:
$214.54 - $220.14
Year's range:
$178.40 - $256.39
Net Income per Share:
28.73
Price-to-Earnings ratio:
7.49
52-week Price Range:
$216.12
Volume:
$174,547.00
Average volume:
$172,485.00

Company profile for Asbury Automotive Group, Inc.

Asbury Automotive Group, Inc. logo

Asbury Automotive Group, Inc. is a Fortune 500 company that provides a range of automotive products and services in the United States. Founded in 1996 and headquartered in Duluth, Georgia, Asbury has grown to become one of the largest publicly traded automotive retailers in the United States. As of December 31, 2021, Asbury owns and operates 205 new vehicle franchises representing 31 automobile brands at 155 dealership locations; and 35 collision centers in the United States.

Asbury offers a full range of automotive products and services, ranging from new and used vehicles, vehicle repair and maintenance services, replacement parts and collision repair services. In addition, customers have the option of purchasing additional aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, prepaid maintenance, and credit life and disability insurance.

Asbury’s commitment to excellence has earned accolades from customers, vendors and peers. Asbury was named the 2019 Automotive News Dealer of the Year, and is listed on the 2021 Fortune 500 list. Asbury’s CEO, David Hult, has been featured in Forbes and Automotive News, and the company is frequently recognized for its innovative service technologies and best-in-class customer experience.

In 2021, Asbury launched a new e-commerce platform and mobile app to streamline the car-buying process and give customers more control and transparency throughout the process. The company also launched several virtual programs to connect customers with salespeople and service advisors, as well as a nationwide home delivery program for customers who wish to take advantage of the convenience of online shopping without leaving the safety of their homes.

In August 2020, Asbury announced a reorganization of its corporate headquarters, relocating the majority of its corporate staff to a new facility in Atlanta, Georgia. The new office space will enable Asbury to support its rapid growth, transition to more agile working practices and better serve customers across its 155 dealerships and 35 collision centers.

Through its commitment to innovation, customer service and community involvement, Asbury Automotive Group continues to be a leader in the automotive industry.

Stock exchanges:
NYSE
Sector:
Consumer Cyclical
Industries:
Auto & Truck Dealerships
Ticker:
ABG
CIK:
1144980
ISIN:
US0434361046
Website:
https://www.asburyauto.com
Phone:
770 418 8200
Origin:
United States
Employees:
14,200