7512 Results for 'asbury research'

Keys To This Week: The US Stock Market & The Weekly Wrap Up

Keys To This Week, published at the beginning of every week, is a bullet-pointed list of key market factors with accompanying charts that are most likely to influence US financial market direction. It includes a strategic (looking out 1-2 quarters) and tactical (looking out over the next 30 days) analysis of the US financial landscape including US stocks, market sectors, bonds/interest rates, the US Dollar and commodities, with specific investment ideas. The Weekly Wrap-Up, published on Fridays, is the end-of-week companion to our Keys To This Week reports. Weekly Wrap-Up reviews our Monday morning expectations for the US financial markets, explains what actually happened during the course of the week, and then forecasts what this implies for the upcoming week.

Search Related:Analytics·Fundamental Research·Macroeconomic Data·Market Data·Reference Data

2 Weeks Free, then $125/month

Monthly Investment Compass

Monthly Investment Compass is a collection of price charts and various financial data series that convey our best investment ideas for US and global asset prices including the US stock market, market sectors, and US interest rates.

Search Related:Analytics·Fundamental Research·Macroeconomic Data·Market Data·Reference Data

$125/month

Wright Investors Service Comprehensive Report for Asbury Automotive Group, Incorporated

August 19, 2016
Wright Investors’ Service

Quantitative analyses of financial statements (Income Statement, Balance Sheet and Sources of Capital), extensive ratio tables (Accounting, Asset Utilization, Employee Efficiency, Fixed Charges Coverage, Leverage Analysis, Liquidity Analysis, Per-share Data and Profitability Analysis) and proprietary Wright Quality Rating® analyses tables. The Wright Quality Rating measures the liquidity of the stock and the financial strength, profitability and corporate growth characteristics of Asbury Automotive Group, Incorporated A textual review of the financial results of Asbury Automotive Group, Incorporated versus Lithia Motors, Inc., Rush Enterprises, Inc. and Sonic Automotive, Inc. is includedrepo. The comparative analysis,of these companies,compares Sales, Company Valuations and Financial Position. Also included for Asbury Automotive Group, Incorporated are: Company Description, Recent Stock Performance, Profitability Analysis, Dividend Analysis, and key data items. Additional research for Asbury Automotive Group, Incorporated includes tables with up to 10-years of history of computed ratios, sales, earnings, and security prices. The company’s financial results are compared in a series of reports (i.e. financial statements, sales, key ratios, etc.) to global industry averages.

PDF (60 pages)
Wright Reports – Analysis Reports on Global Companies
$99

Asbury Automotive Alert : Disciplined Approach Stabilizes GPUs, but Doesn’t Undo Soft Market

July 28, 2016
Deutsche Bank

Asbury reported 2Q16 EPS of $1.65 vs. our $1.66 estimate and consensus of $1.65. Results reflected the weak retail demand environment in the quarter as volumes of both new and used were fairly soft (new -4.2% vs. +1.5% est; used -5.1% vs. +1.0% est); However, this weakness was the result of a disciplined approach by management to stabilize and even grow gross profit per unit which helped offset the volume weakness. While parts and service was largely in-line the underlying strength in customer pay (+8%) more than offset flat results in warranty. F&I continued to hit new highs on a per unit basis ($1,436 vs. $1,420 est) as well. Overall, we’d characterize the results as in-line with fairly impressive cost control (68.1% SG&A/Gross vs. 68.5% est) in a difficult operating environment. During the qtr share buybacks were in-line with our estimate of $60MM as ABG’s adjusted leverage ratio stood at the upper end of their 2.5-3.0x range. We believe that buybacks will be more modest moving forward (~$20MM/qtr on average). Interestingly, management noted that they are seeing a pickup in the number of conversations they’re having with dealers interested in selling, suggesting M&A could pickup in the near future. Nevertheless these discussions tend to be drawn out and management noted that in most cases seller’s multiple expectations remained too high and they preferred to simply buyback their own stock. We are maintaining our 2016/2017 EPS estimates of $6.14/$6.70 and maintaining our $67 target based on 10x 2017 EPS. While we were encouraged by ABG’s operational results we believe that the macro environment remains the key to the outlook for dealers. Automakers response to a slowing new car market remains one of the largest factors that dealers are unable to control. If production cuts are made and pricing remains rationale then the outlook for dealers maybe more positive than we’ve currently contemplated; however historical precedent does not suggest this will be the most likely scenario. We maintain our Hold rating based on valuation and uncertainty in OEM behavior. Downside risks include moderation of U.S. industry sales, a further deterioration in gross margin per-unit, and/or an increase in U.S. benchmark interest rates. Upside could be derived from growth in the SAAR above trend (which we estimate as 16.0MM - 16.5MM), faster-than-expected growth in Parts / Service, and/or continued substantial improvements in SG&A / Gross.

PDF (1 page)
Deutsche Bank Research Reports
$11.50

Wright Investors Service Comprehensive Report for Asiabest Group International Incorporation

July 23, 2016
Wright Investors’ Service

Quantitative analyses of financial statements (Income Statement, Balance Sheet and Sources of Capital), extensive ratio tables (Accounting, Asset Utilization, Employee Efficiency, Fixed Charges Coverage, Leverage Analysis, Liquidity Analysis, Per-share Data and Profitability Analysis) and proprietary Wright Quality Rating® analyses tables. The Wright Quality Rating measures the liquidity of the stock and the financial strength, profitability and corporate growth characteristics of Asiabest Group International Incorporation A textual review of the financial results of Asiabest Group International Incorporation versus Prime Media Holdings Incorporated, Mabuhay Holdings Corporation and ABS-CBN Holdings Corporation is includedrepo. The comparative analysis,of these companies,compares Sales, Company Valuations and Financial Position. Also included for Hershey Co are: Company Description, Recent Stock Performance, Profitability Analysis, Dividend Analysis, and key data items. Additional research for Asiabest Group International Incorporation includes tables with up to 10-years of history of computed ratios, sales, earnings, and security prices. The company’s financial results are compared in a series of reports (i.e. financial statements, sales, key ratios, etc.) to global industry averages.

PDF (40 pages)
Wright Reports – Analysis Reports on Global Companies
$99

Wright Investors Service Comprehensive Report for Asbury Automotive Group, Incorporated

June 8, 2016
Wright Investors’ Service

Quantitative analyses of financial statements (Income Statement, Balance Sheet and Sources of Capital), extensive ratio tables (Accounting, Asset Utilization, Employee Efficiency, Fixed Charges Coverage, Leverage Analysis, Liquidity Analysis, Per-share Data and Profitability Analysis) and proprietary Wright Quality Rating® analyses tables. The Wright Quality Rating measures the liquidity of the stock and the financial strength, profitability and corporate growth characteristics of Asbury Automotive Group, Incorporated A textual review of the financial results of Asbury Automotive Group, Incorporated versus Lithia Motors, Inc., Rush Enterprises, Inc. and Sonic Automotive, Inc. is includedrepo. The comparative analysis,of these companies,compares Sales, Company Valuations and Financial Position. Also included for Hershey Co are: Company Description, Recent Stock Performance, Profitability Analysis, Dividend Analysis, and key data items. Additional research for Asbury Automotive Group, Incorporated includes tables with up to 10-years of history of computed ratios, sales, earnings, and security prices. The company’s financial results are compared in a series of reports (i.e. financial statements, sales, key ratios, etc.) to global industry averages.

PDF (60 pages)
Wright Reports – Analysis Reports on Global Companies
$99
 
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