Asbury Automotive Group (ABG) Expected to Announce Earnings on Tuesday

Asbury Automotive Group (NYSE:ABG - Get Free Report) will likely be announcing its Q2 2025 earnings results before the market opens on Tuesday, July 29th. Analysts expect the company to announce earnings of $6.75 per share and revenue of $4.44 billion for the quarter.

Asbury Automotive Group (NYSE:ABG - Get Free Report) last released its earnings results on Tuesday, April 29th. The company reported $6.82 EPS for the quarter, missing the consensus estimate of $6.84 by ($0.02). Asbury Automotive Group had a return on equity of 15.41% and a net margin of 2.42%. The company had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.31 billion. During the same period last year, the firm posted $7.21 earnings per share. The company's revenue was down 1.3% compared to the same quarter last year. On average, analysts expect Asbury Automotive Group to post $26 EPS for the current fiscal year and $29 EPS for the next fiscal year.

Asbury Automotive Group Stock Up 0.2%

Asbury Automotive Group stock traded up $0.51 during mid-day trading on Friday, hitting $233.08. The company had a trading volume of 30,245 shares, compared to its average volume of 198,737. Asbury Automotive Group has a 12 month low of $201.68 and a 12 month high of $312.56. The stock's 50 day moving average price is $239.57 and its two-hundred day moving average price is $244.90. The company has a current ratio of 1.25, a quick ratio of 0.55 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $4.58 billion, a PE ratio of 11.09, a price-to-earnings-growth ratio of 1.55 and a beta of 0.96.

Institutional Trading of Asbury Automotive Group

Large investors have recently modified their holdings of the stock. AQR Capital Management LLC lifted its position in Asbury Automotive Group by 11.0% in the first quarter. AQR Capital Management LLC now owns 6,263 shares of the company's stock valued at $1,383,000 after purchasing an additional 619 shares during the period. Goldman Sachs Group Inc. grew its stake in Asbury Automotive Group by 49.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 278,760 shares of the company's stock worth $61,561,000 after acquiring an additional 91,767 shares during the period. United Services Automobile Association purchased a new stake in Asbury Automotive Group in the 1st quarter worth approximately $265,000. Empowered Funds LLC grew its stake in Asbury Automotive Group by 11.4% in the 1st quarter. Empowered Funds LLC now owns 7,639 shares of the company's stock worth $1,687,000 after acquiring an additional 783 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Asbury Automotive Group by 3.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 51,239 shares of the company's stock valued at $11,316,000 after buying an additional 1,676 shares during the period.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on ABG. Wall Street Zen upgraded Asbury Automotive Group from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Bank of America raised their price objective on Asbury Automotive Group from $325.00 to $335.00 and gave the stock a "buy" rating in a report on Monday, June 16th. Citigroup began coverage on Asbury Automotive Group in a report on Wednesday, April 23rd. They issued a "neutral" rating and a $236.00 price target on the stock. Finally, JPMorgan Chase & Co. cut Asbury Automotive Group from a "neutral" rating to an "underweight" rating and lowered their price objective for the stock from $235.00 to $225.00 in a research report on Thursday, July 17th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $259.33.

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.