Asbury Automotive Group, Inc. (NYSE:ABG - Free Report) - Equities researchers at Seaport Res Ptn raised their FY2026 earnings per share (EPS) estimates for Asbury Automotive Group in a report released on Sunday, April 20th. Seaport Res Ptn analyst G. Chin now forecasts that the company will post earnings of $26.08 per share for the year, up from their prior forecast of $25.73. The consensus estimate for Asbury Automotive Group's current full-year earnings is $26.28 per share.
Other analysts have also issued reports about the company. JPMorgan Chase & Co. lowered their price target on shares of Asbury Automotive Group from $290.00 to $250.00 and set a "neutral" rating for the company in a report on Thursday, March 27th. Craig Hallum downgraded Asbury Automotive Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 18th. Finally, Stephens lifted their price target on Asbury Automotive Group from $220.00 to $260.00 and gave the company an "equal weight" rating in a research note on Tuesday, February 11th. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $263.00.
Read Our Latest Stock Report on Asbury Automotive Group
Asbury Automotive Group Trading Up 3.2 %
ABG opened at $223.27 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 has a market capitalization of $4.39 billion, a price-to-earnings ratio of 10.38 and a beta of 1.04. The company has a 50-day simple moving average of $244.28 and a 200 day simple moving average of $249.71. Asbury Automotive Group has a twelve month low of $201.68 and a twelve month high of $312.56.
Insider Activity at Asbury Automotive Group
In related news, COO Daniel Clara sold 1,217 shares of the business's stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $296.64, for a total value of $361,010.88. Following the completion of the sale, the chief operating officer now directly owns 3,747 shares of the company's stock, valued at $1,111,510.08. The trade was a 24.52 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.53% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the business. Aster Capital Management DIFC Ltd bought a new position in shares of Asbury Automotive Group in the fourth quarter valued at approximately $25,000. Versant Capital Management Inc lifted its stake in Asbury Automotive Group by 43.9% during the 1st quarter. Versant Capital Management Inc now owns 164 shares of the company's stock valued at $36,000 after acquiring an additional 50 shares in the last quarter. CIBC Private Wealth Group LLC boosted its holdings in Asbury Automotive Group by 9.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 484 shares of the company's stock worth $117,000 after acquiring an additional 41 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in Asbury Automotive Group by 234.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 501 shares of the company's stock worth $122,000 after acquiring an additional 351 shares during the last quarter. Finally, GAMMA Investing LLC grew its stake in shares of Asbury Automotive Group by 39.2% in the 1st quarter. GAMMA Investing LLC now owns 586 shares of the company's stock worth $129,000 after acquiring an additional 165 shares in the last quarter.
About Asbury Automotive Group
(
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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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