Seaport Res Ptn Issues Positive Estimate for ABG Earnings

Asbury Automotive Group, Inc. (NYSE:ABG) – Analysts at Seaport Res Ptn increased their Q1 2025 EPS estimates for Asbury Automotive Group in a research report issued to clients and investors on Sunday, April 20th. Seaport Res Ptn analyst G. Chin now forecasts that the company will post earnings per share of $6.54 for the quarter, up from their prior estimate of $6.30. 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 $6.40 EPS, Q3 2025 earnings at $6.78 EPS, Q4 2025 earnings at $7.27 EPS and FY2025 earnings at $26.99 EPS.

A number of other analysts also recently weighed in on ABG. JPMorgan Chase & Co. cut their price target on shares of Asbury Automotive Group from $290.00 to $250.00 and set a “neutral” rating on the stock in a research report on Thursday, March 27th. Stephens upped their price objective on Asbury Automotive Group from $220.00 to $260.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 11th. Finally, Craig Hallum downgraded shares of Asbury Automotive Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 18th. Six analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, Asbury Automotive Group currently has a consensus rating of “Hold” and an average target price of $263.00.

Asbury Automotive Group Stock Performance

ABG stock opened at $217.28 on Tuesday. The company has a quick ratio of 0.41, a current ratio of 1.20 and a debt-to-equity ratio of 0.98. Asbury Automotive Group has a twelve month low of $201.68 and a twelve month high of $312.56. The business’s fifty day moving average is $244.28 and its 200-day moving average is $249.71. The company has a market cap of $4.27 billion, a P/E ratio of 10.10 and a beta of 1.04.

Insider Transactions at Asbury Automotive Group

In other Asbury Automotive Group news, COO Daniel Clara sold 1,217 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $296.64, for a total transaction of $361,010.88. Following the completion of the sale, the chief operating officer now directly owns 3,747 shares in the company, valued at $1,111,510.08. This trade represents a 24.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.53% of the stock is currently owned by corporate insiders.

Institutional Trading of Asbury Automotive Group

Several institutional investors have recently added to or reduced their stakes in ABG. Advisor Resource Council bought a new position in Asbury Automotive Group during the 1st quarter worth $455,000. Vista Finance LLC increased its stake in shares of Asbury Automotive Group by 7.0% in the first quarter. Vista Finance LLC now owns 982 shares of the company’s stock valued at $217,000 after buying an additional 64 shares during the period. SG Americas Securities LLC bought a new position in shares of Asbury Automotive Group during the first quarter valued at $1,111,000. GAMMA Investing LLC raised its position in Asbury Automotive Group by 39.2% during the 1st quarter. GAMMA Investing LLC now owns 586 shares of the company’s stock worth $129,000 after purchasing an additional 165 shares during the last quarter. Finally, Harbor Capital Advisors Inc. lifted its stake in shares of Asbury Automotive Group by 2,744.4% in the first quarter. Harbor Capital Advisors Inc. now owns 4,295 shares of the company’s stock worth $949,000 after acquiring an additional 4,144 shares during the period.

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.