Seaport Res Ptn Has Pessimistic Outlook of ABG Q3 Earnings

Asbury Automotive Group, Inc. (NYSE:ABG - Free Report) - Seaport Res Ptn cut their Q3 2025 earnings per share estimates for shares of Asbury Automotive Group in a research note issued to investors on Wednesday, July 16th. Seaport Res Ptn analyst G. Chin now expects that the company will post earnings of $6.38 per share for the quarter, down from their previous forecast of $6.92. 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 FY2025 earnings at $26.99 EPS and FY2026 earnings at $25.30 EPS.

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

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

Asbury Automotive Group Stock Performance

Shares of ABG stock traded down $6.99 during trading on Monday, reaching $231.53. 65,080 shares of the company's stock were exchanged, compared to its average volume of 198,861. The company has a quick ratio of 0.55, a current ratio of 1.25 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $4.55 billion, a PE ratio of 11.03, a PEG ratio of 1.52 and a beta of 0.96. Asbury Automotive Group has a twelve month low of $201.68 and a twelve month high of $312.56. The firm's fifty day moving average price is $239.59 and its 200-day moving average price is $244.93.

Institutional Trading of Asbury Automotive Group

Institutional investors have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new stake in Asbury Automotive Group in the 1st quarter valued at $262,000. New York State Teachers Retirement System boosted its stake in Asbury Automotive Group by 13.7% in the 1st quarter. New York State Teachers Retirement System now owns 14,846 shares of the company's stock valued at $3,279,000 after purchasing an additional 1,787 shares during the period. GAMMA Investing LLC boosted its stake in Asbury Automotive Group by 39.2% in the 1st quarter. GAMMA Investing LLC now owns 586 shares of the company's stock valued at $129,000 after purchasing an additional 165 shares during the period. SG Americas Securities LLC bought a new stake in shares of Asbury Automotive Group during the 1st quarter valued at $1,111,000. Finally, Millennium Management LLC lifted its position in shares of Asbury Automotive Group by 108.4% during the 4th quarter. Millennium Management LLC now owns 20,087 shares of the company's stock valued at $4,882,000 after acquiring an additional 10,448 shares during the period.

About Asbury Automotive Group

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.