Q1 Earnings Forecast for ABG Issued By Seaport Res Ptn

Asbury Automotive Group, Inc. (NYSE:ABG - Free Report) - Investment analysts at Seaport Res Ptn issued their Q1 2025 earnings estimates for shares of Asbury Automotive Group in a research report issued to clients and investors on Sunday, March 9th. Seaport Res Ptn analyst G. Chin expects that the company will post earnings of $6.30 per share for the quarter. The consensus estimate for Asbury Automotive Group's current full-year earnings is $26.28 per share. Seaport Res Ptn also issued estimates for Asbury Automotive Group's Q2 2025 earnings at $6.25 EPS, Q4 2025 earnings at $7.20 EPS and FY2026 earnings at $25.73 EPS.

Several other analysts have also recently issued reports on ABG. Craig Hallum cut Asbury Automotive Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 18th. JPMorgan Chase & Co. cut their price target on Asbury Automotive Group from $260.00 to $255.00 and set a "neutral" rating on the stock in a research note on Friday, January 17th. Finally, Stephens raised their price objective on Asbury Automotive Group from $220.00 to $260.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 11th. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, Asbury Automotive Group currently has an average rating of "Hold" and a consensus price target of $264.00.

Asbury Automotive Group Stock Down 0.3 %

NYSE:ABG opened at $247.09 on Wednesday. The company has a quick ratio of 0.41, a current ratio of 1.20 and a debt-to-equity ratio of 0.98. The stock's fifty day moving average is $268.56 and its two-hundred day moving average is $250.78. Asbury Automotive Group has a 52 week low of $202.98 and a 52 week high of $312.56. The stock has a market capitalization of $4.85 billion, a price-to-earnings ratio of 11.49 and a beta of 1.22.

Insider Buying and Selling at Asbury Automotive Group

In other Asbury Automotive Group news, COO Daniel Clara sold 1,217 shares of Asbury Automotive Group stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $296.64, for a total value of $361,010.88. Following the sale, the chief operating officer now owns 3,747 shares of the company's stock, valued at approximately $1,111,510.08. The trade was a 24.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.53% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Asbury Automotive Group

A number of institutional investors have recently added to or reduced their stakes in the business. CIBC Private Wealth Group LLC grew its holdings in Asbury Automotive Group by 9.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 484 shares of the company's stock valued at $117,000 after purchasing an additional 41 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of Asbury Automotive Group by 2.0% during the fourth quarter. Bank of Montreal Can now owns 2,502 shares of the company's stock valued at $608,000 after acquiring an additional 48 shares during the last quarter. SkyView Investment Advisors LLC boosted its stake in shares of Asbury Automotive Group by 2.4% during the third quarter. SkyView Investment Advisors LLC now owns 2,119 shares of the company's stock valued at $506,000 after acquiring an additional 50 shares during the last quarter. HighTower Advisors LLC boosted its stake in shares of Asbury Automotive Group by 3.2% during the third quarter. HighTower Advisors LLC now owns 1,720 shares of the company's stock valued at $409,000 after acquiring an additional 53 shares during the last quarter. Finally, OneDigital Investment Advisors LLC boosted its stake in shares of Asbury Automotive Group by 3.2% during the third quarter. OneDigital Investment Advisors LLC now owns 1,843 shares of the company's stock valued at $440,000 after acquiring an additional 57 shares during the last quarter.

Asbury Automotive Group Company Profile

Asbury Automotive Group, Inc, together with its subsidiaries, operates as an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services.

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