Asbury Automotive Group Inc (ABG): Today's Featured Specialty Retail Loser

Asbury Automotive Group ( ABG) pushed the Specialty Retail industry lower today making it today's featured Specialty Retail loser. The industry as a whole closed the day up 1.1%. By the end of trading, Asbury Automotive Group fell 23 cents (-0.9%) to $24.07 on average volume. Throughout the day, 465,585 shares of Asbury Automotive Group exchanged hands as compared to its average daily volume of 393,900 shares. The stock ranged in price between $23.89-$24.51 after having opened the day at $24.13 as compared to the previous trading day's close of $24.30. Other company's within the Specialty Retail industry that declined today were: Sport Chalet ( SPCHA), down 5.2%, United Online ( UNTD), down 3.7%, Hollywood Media Corporation ( HOLL), down 3.2%, and Perfumania Holdings ( PERF), down 2.3%.

Asbury Automotive Group, Inc. operates as an automotive retailer in the United States. Asbury Automotive Group has a market cap of $781.5 million and is part of the services sector. The company has a P/E ratio of 13, above the average specialty retail industry P/E ratio of 12.2 and below the S&P 500 P/E ratio of 17.7. Shares are up 12.7% year to date as of the close of trading on Monday. Currently there are five analysts that rate Asbury Automotive Group a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Asbury Automotive Group as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and revenue growth. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and poor profit margins.

On the positive front, iParty Corporation ( IPT), up 10.1%, PC Mall ( MALL), up 7.4%, Lentuo International ( LAS), up 7%, and Titan Machinery ( TITN), up 6.5%, were all gainers within the specialty retail industry with Dick's Sporting Goods ( DKS) being today's featured specialty retail industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the specialty retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).
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