Philip Maritz - Asbury Automotive Independent Director

ABG Stock  USD 211.49  0.38  0.18%   

Director

Mr. Philiph F. Maritz is an Independent Director of the Company. He has served as a member of the Board since April 2002, as a member of the Capital Allocation Risk Management Committee since April 2012, of which he was Chair until April 2018, as a member of the Governance Nominating Committee since June 2014 and as a member of the Executive Committee since April 2015. He is the cofounder and President of Maritz, Wolff Co., which manages the Hotel Equity Fund, a private equity investment fund that invests in luxury hotels and resorts. In 1990, he founded Maritz Properties, a commercial real estate development and investment firm where he serves as President. He is also the Managing Director of Broadreach Capital Partners, a private equity real estate investment fund. since 2002.
Age 60
Tenure 22 years
Address 2905 Premiere Parkway NW, Duluth, GA, United States, 30097
Phone770 418 8200
Webhttps://www.asburyauto.com

Asbury Automotive Management Efficiency

The company has Return on Asset of 0.0739 % which means that on every $100 spent on assets, it made $0.0739 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.196 %, implying that it generated $0.196 on every 100 dollars invested. Asbury Automotive's management efficiency ratios could be used to measure how well Asbury Automotive manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Asbury Automotive's Return On Tangible Assets are most likely to increase slightly in the upcoming years. The Asbury Automotive's current Return On Assets is estimated to increase to 0.06, while Return On Capital Employed is projected to decrease to 0.10. At this time, Asbury Automotive's Other Current Assets are most likely to increase significantly in the upcoming years. The Asbury Automotive's current Intangible Assets is estimated to increase to about 2.2 B, while Non Currrent Assets Other are forecasted to increase to (21.9 M).
The company has 4.99 B in debt with debt to equity (D/E) ratio of 1.59, which is OK given its current industry classification. Asbury Automotive has a current ratio of 1.53, which is typical for the industry and considered as normal. Debt can assist Asbury Automotive until it has trouble settling it off, either with new capital or with free cash flow. So, Asbury Automotive's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Asbury Automotive sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Asbury to invest in growth at high rates of return. When we think about Asbury Automotive's use of debt, we should always consider it together with cash and equity.

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Asbury Automotive Group, Inc., together with its subsidiaries, operates as an automotive retailer in the United States. Asbury Automotive Group, Inc. was founded in 1996 and is headquartered in Duluth, Georgia. Asbury Automotive operates under Auto Truck Dealerships classification in the United States and is traded on New York Stock Exchange. It employs 14200 people. Asbury Automotive Group (ABG) is traded on New York Stock Exchange in USA. It is located in 2905 Premiere Parkway NW, Duluth, GA, United States, 30097 and employs 15,000 people. Asbury Automotive is listed under Automotive Retail category by Fama And French industry classification.

Management Performance

Asbury Automotive Leadership Team

Elected by the shareholders, the Asbury Automotive's board of directors comprises two types of representatives: Asbury Automotive inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Asbury. The board's role is to monitor Asbury Automotive's management team and ensure that shareholders' interests are well served. Asbury Automotive's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Asbury Automotive's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Hartman, Principal Operating Officer, Senior Vice President - Operations
Thomas DeLoach, Lead Independent Non-Executive Chairman of the Board
Barry Cohen, Chief VP
Nathan Briesemeister, Chief VP
Michael Welch, Chief Financial Officer, Senior Vice President
Barbara Jesup, Chief Exec
Scott Thompson, Director
Dennis Clements, Independent Director
Thomas Reddin, Non-Executive Independent Chairman of the Board
Eugene Katz, Independent Director
George Karolis, Vice President - Corporate Development and Real Estate
Maureen Morrison, Independent Director
Patrick Guido, Chief Financial Officer, Senior Vice President
Philip Maritz, Independent Director
William Stax, Interim Principal Financial Officer, Chief Accounting Officer, Vice President, Controller
Sean Goodman, Chief Financial Officer, Senior Vice President
Jed Milstein, Chief Human Resource Officer, Senior Vice President
Matt Pettoni, IR Contact Officer
Bridget RyanBerman, Independent Director
Karen Reid, VP Treasurer
Joel Alsfine, Independent Director
Keith Style, CFO and Sr. VP
Daniel Clara, Senior Vice President - Operations
Hilliard Terry, Independent Director
George Villasana, Senior Vice President, Chief Legal Officer & Secretary
David Hult, President, Chief Executive Officer, Director
Miran Maric, Senior Vice President - Strategy & Innovation
Craig Monaghan, Chief Executive officer and President Director and Member of Executive Committee
William Fay, Independent Director
Juanita James, Independent Director

Asbury Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Asbury Automotive a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Asbury Automotive

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Asbury Automotive position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Asbury Automotive will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Asbury Automotive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asbury Automotive when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Asbury Automotive - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Asbury Automotive Group to buy it.
The correlation of Asbury Automotive is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Asbury Automotive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asbury Automotive moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Asbury Automotive can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Asbury Automotive is a strong investment it is important to analyze Asbury Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Asbury Automotive's future performance. For an informed investment choice regarding Asbury Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asbury Automotive Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Asbury Automotive information on this page should be used as a complementary analysis to other Asbury Automotive's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Asbury Automotive's price analysis, check to measure Asbury Automotive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asbury Automotive is operating at the current time. Most of Asbury Automotive's value examination focuses on studying past and present price action to predict the probability of Asbury Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asbury Automotive's price. Additionally, you may evaluate how the addition of Asbury Automotive to your portfolios can decrease your overall portfolio volatility.
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Is Asbury Automotive's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Asbury Automotive. If investors know Asbury will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Asbury Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.83)
Earnings Share
28.74
Revenue Per Share
708.263
Quarterly Revenue Growth
0.029
Return On Assets
0.0739
The market value of Asbury Automotive is measured differently than its book value, which is the value of Asbury that is recorded on the company's balance sheet. Investors also form their own opinion of Asbury Automotive's value that differs from its market value or its book value, called intrinsic value, which is Asbury Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Asbury Automotive's market value can be influenced by many factors that don't directly affect Asbury Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Asbury Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asbury Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asbury Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.