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Asbury Holds Annual Stockholders Meeting, Key Proposals Passed

Story Highlights
  • Asbury Automotive Group operates in the automotive retail industry, focusing on vehicle sales and services.
  • On May 13, 2025, Asbury’s stockholders approved key governance proposals, impacting future operations and stakeholder interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

An update from Asbury ( (ABG) ) is now available.

On May 13, 2025, Asbury Automotive Group, Inc. held its annual meeting of stockholders where several key proposals were voted upon. The stockholders elected ten director nominees to serve until the 2026 meeting, approved an advisory resolution on executive compensation, ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm, and passed a proposal regarding a simple majority vote. These decisions reflect the company’s ongoing governance and operational strategies, potentially impacting its future direction and stakeholder interests.

The most recent analyst rating on (ABG) stock is a Buy with a $305.00 price target. To see the full list of analyst forecasts on Asbury stock, see the ABG Stock Forecast page.

Spark’s Take on ABG Stock

According to Spark, TipRanks’ AI Analyst, ABG is a Outperform.

Asbury Automotive Group’s overall score reflects a stable financial performance with strong cash flow and a solid equity base. The company’s valuation suggests potential undervaluation, while strategic initiatives like acquisitions and leadership changes bolster growth prospects. However, technical indicators present mixed signals, and challenges in used vehicle sales and market-specific conditions require attention.

To see Spark’s full report on ABG stock, click here.

More about Asbury

Asbury Automotive Group, Inc. operates in the automotive retail industry, focusing on the sale and service of vehicles. The company is known for its network of dealerships that offer a range of automotive products and services to consumers.

Average Trading Volume: 235,000

Technical Sentiment Signal: Buy

Current Market Cap: $4.71B

See more insights into ABG stock on TipRanks’ Stock Analysis page.

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