Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Asbury Automotive Group reported strong fourth-quarter results for 2024, reflecting effective execution by its team amid dynamic market conditions.</li><li>The company saw an 18% year-over-year increase in revenue, reaching a record $4.5 billion, accompanied by an 11% increase in gross profit to $750 million, resulting in a gross profit margin of 16.6%.</li><li>These results were driven by a 7% rise in same-store new vehicle sales and strategic focus on profitability, particularly in the used vehicle segment where supply challenges persist.</li></ul>

Asbury Automotive Group reported strong fourth-quarter results for 2024, reflecting effective execution by its team amid dynamic market conditions.The company saw an 18% year-over-year increase in revenue, reaching a record $4.5 billion, accompanied by an 11% increase in gross profit to $750 million, resulting in a gross profit margin of 16.6%.These results were driven by a 7% rise in same-store new vehicle sales and strategic focus on profitability, particularly in the used vehicle segment where supply challenges persist.

Asbury Automotive Group’s Bold Tech Upgrade with Tekion DMS Could Save Millions!

<ul><li>Asbury Automotive Group recently discussed its third quarter 2024 financial results, presenting a mixed scenario influenced heavily by external events, yet showing resilience and strategic capacity to navigate a challenging automotive market.</li><li>It delivered a comprehensive performance underpinned by strategic dealership operations and cost optimization strategies.</li><li>Despite facing substantial adversities including significant hurricane impacts and manufacturer-specific challenges, the company has demonstrated an agile management approach capable of navigating external volatilities, such as the Stellantis dealership issues and vehicle stop sales.</li></ul>

Asbury Automotive Group recently discussed its third quarter 2024 financial results, presenting a mixed scenario influenced heavily by external events, yet showing resilience and strategic capacity to navigate a challenging automotive market.It delivered a comprehensive performance underpinned by strategic dealership operations and cost optimization strategies.Despite facing substantial adversities including significant hurricane impacts and manufacturer-specific challenges, the company has demonstrated an agile management approach capable of navigating external volatilities, such as the Stellantis dealership issues and vehicle stop sales.

Asbury Automotive Group: Expansion into Electric Vehicles (EVs) & Other Major Developments! - Financial Forecasts

<ul><li>The Asbury Automotive Group has reported mixed results for the second quarter of 2024, which reflect both a resilient operational performance and significant challenges due to a system outage.</li><li>A detailed analysis highlights both the strengths and areas of concern for the company during this period.</li><li>Asbury faced a major operational disruption beginning on June 19, due to an outage with their dealer management system (DMS) provided by CDK.</li></ul>

The Asbury Automotive Group has reported mixed results for the second quarter of 2024, which reflect both a resilient operational performance and significant challenges due to a system outage.A detailed analysis highlights both the strengths and areas of concern for the company during this period.Asbury faced a major operational disruption beginning on June 19, due to an outage with their dealer management system (DMS) provided by CDK.

Asbury Automotive Group: What Is Their Expansion Strategy Focused on Diverse Revenue Streams? - Major Drivers

<ul><li>Asbury Automotive Group's first quarter earnings report for 2024 exhibits a mix of positive and negative highlights, underpinned by a resilient performance amidst several challenges.</li><li>The company achieved a milestone by reporting $4.2 billion in revenue, which demonstrates the strength and resilient performance of their team.</li><li>One of the key strengths was the company's used unit volume, which increased by over 9% (2,700 units) versus the fourth quarter of 2023.</li></ul>

Asbury Automotive Group's first quarter earnings report for 2024 exhibits a mix of positive and negative highlights, underpinned by a resilient performance amidst several challenges.The company achieved a milestone by reporting $4.2 billion in revenue, which demonstrates the strength and resilient performance of their team.One of the key strengths was the company's used unit volume, which increased by over 9% (2,700 units) versus the fourth quarter of 2023.

Asbury Automotive Group Inc.: Continued Focus on Preowned Car Sourcing and Sales! - Major Drivers

<ul><li>This is our first report on Asbury Automotive Group Inc. The company's fourth quarter 2023 earnings showcased a year of considerable growth and progress.</li><li>The company delivered $14.8 billion in revenue, had a gross profit margin of 18.6%, and an adjusted earnings per share of $32.60.</li><li>Asbury generated an adjusted operating margin of 7.3% and an adjusted EBITDA of over $1.1 billion.</li></ul>

This is our first report on Asbury Automotive Group Inc. The company's fourth quarter 2023 earnings showcased a year of considerable growth and progress.The company delivered $14.8 billion in revenue, had a gross profit margin of 18.6%, and an adjusted earnings per share of $32.60.Asbury generated an adjusted operating margin of 7.3% and an adjusted EBITDA of over $1.1 billion.

Asbury Automotive Group: Initiation of Coverage - A Dive Into Its Core Business Strategy & 5 Pivotal Factors Driving Its Growth! - Financial Forecasts

United States

Asbury Automotive Group Inc. is an automotive retailer operating franchises and dealership locations in the United States.  The Company offers new and used vehicles and related financing and insurance, vehicle maintenance and repair services, replacement parts, and service contracts.  Asbury's dealerships are primarily either luxury or mid-line import brands.

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Asbury Automotive (ABG US)

Asbury Automotive Group’s Bold Tech Upgrade with Tekion DMS Could Save Millions!

Asbury Automotive Group reported strong fourth-quarter results for 2024, reflecting effective execution by its team amid dynamic market...

Baptista Research

Asbury Automotive Group: Expansion into Electric Vehicles (EVs) & Other Major Developments! - Financial Forecasts

Asbury Automotive Group recently discussed its third quarter 2024 financial results, presenting a mixed scenario influenced heavily by external...

Baptista Research

Asbury Automotive Group: What Is Their Expansion Strategy Focused on Diverse Revenue Streams? - Major Drivers

The Asbury Automotive Group has reported mixed results for the second quarter of 2024, which reflect both a resilient operational performance and...

Baptista Research

Asbury Automotive Group Inc.: Continued Focus on Preowned Car Sourcing and Sales! - Major Drivers

Asbury Automotive Group's first quarter earnings report for 2024 exhibits a mix of positive and negative highlights, underpinned by a resilient...

Baptista Research

Asbury Automotive Group: Initiation of Coverage - A Dive Into Its Core Business Strategy & 5 Pivotal Factors Driving Its Growth! - Financial Forecasts

This is our first report on Asbury Automotive Group Inc. The company's fourth quarter 2023 earnings showcased a year of considerable growth and...

Baptista Research

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