Asbury Automotive Group (ABG) to Release Quarterly Earnings on Tuesday

Asbury Automotive Group (NYSE:ABG - Get Free Report) is anticipated to announce 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 announced its quarterly 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 for the quarter, compared to analyst estimates of $4.31 billion. During the same quarter in the prior year, the business earned $7.21 earnings per share. Asbury Automotive Group'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 Price Performance

Shares of NYSE:ABG opened at $235.39 on Tuesday. The company's fifty day moving average price is $239.74 and its 200 day moving average price is $245.08. Asbury Automotive Group has a 12 month low of $201.68 and a 12 month high of $312.56. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.25 and a quick ratio of 0.55. The firm has a market capitalization of $4.63 billion, a P/E ratio of 11.20, a P/E/G ratio of 1.49 and a beta of 0.96.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on ABG shares. JPMorgan Chase & Co. downgraded shares of 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. Wall Street Zen raised shares of Asbury Automotive Group from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Citigroup started coverage on shares of Asbury Automotive Group in a research report on Wednesday, April 23rd. They set a "neutral" rating and a $236.00 price objective on the stock. Finally, Bank of America raised their price objective on shares of Asbury Automotive Group from $325.00 to $335.00 and gave the stock a "buy" rating in a research report on Monday, June 16th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Asbury Automotive Group has a consensus rating of "Hold" and a consensus target price of $259.33.

Institutional Trading of Asbury Automotive Group

A number of institutional investors have recently added to or reduced their stakes in the stock. United Services Automobile Association acquired a new position in Asbury Automotive Group during the first quarter worth about $265,000. AQR Capital Management LLC raised its position in Asbury Automotive Group by 11.0% during the first quarter. AQR Capital Management LLC now owns 6,263 shares of the company's stock worth $1,383,000 after acquiring an additional 619 shares during the last quarter. Empowered Funds LLC raised its position in Asbury Automotive Group by 11.4% during the first 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 last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Asbury Automotive Group by 3.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 51,239 shares of the company's stock worth $11,316,000 after acquiring an additional 1,676 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Asbury Automotive Group by 49.1% during the first 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 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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