Seaport Res Ptn Issues Optimistic Outlook for ABG Earnings

Key Points

• Seaport Res Ptn has upgraded its Q3 2025 earnings estimate for Asbury Automotive Group to $6.79 EPS from a previous estimate of $6.38.
• The company reported $7.43 EPS for its latest quarter, exceeding analysts' expectations by $0.61, with revenues of $4.37 billion.
• Bank of America and Stephens have recently increased their price targets for the stock, with Bank of America raising its target to $335.00 and Stephens to $277.00.

Asbury Automotive Group, Inc. (NYSE:ABG - Free Report) - Research analysts at Seaport Res Ptn raised their Q3 2025 earnings estimates for shares of Asbury Automotive Group in a note issued to investors on Monday, August 11th. Seaport Res Ptn analyst G. Chin now expects that the company will post earnings per share of $6.79 for the quarter, up from their prior estimate of $6.38. 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 $27.94 EPS and FY2026 earnings at $26.71 EPS.

Asbury Automotive Group (NYSE:ABG - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $7.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.82 by $0.61. The business had revenue of $4.37 billion during the quarter, compared to the consensus estimate of $4.44 billion. Asbury Automotive Group had a net margin of 3.13% and a return on equity of 15.41%. The firm's quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the firm earned $6.40 earnings per share.

Other analysts also recently issued research reports about the stock. JPMorgan Chase & Co. decreased their price objective on shares of Asbury Automotive Group from $225.00 to $215.00 and set an "underweight" rating for the company in a research note on Tuesday, August 5th. Cfra set a $225.00 price objective on shares of Asbury Automotive Group in a research note on Tuesday, July 29th. Citigroup started coverage on shares of Asbury Automotive Group in a research note on Wednesday, April 23rd. They issued a "neutral" rating and a $236.00 price objective for the company. Stephens raised shares of Asbury Automotive Group from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $225.00 to $277.00 in a research report on Wednesday. Finally, Bank of America raised their target price 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 analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $255.43.

Asbury Automotive Group Stock Up 4.0%

Shares of NYSE ABG opened at $243.52 on Thursday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.30 and a quick ratio of 0.49. The company has a market cap of $4.79 billion, a P/E ratio of 8.89, a PEG ratio of 1.56 and a beta of 0.87. Asbury Automotive Group has a 1 year low of $201.68 and a 1 year high of $312.56. The firm has a 50-day simple moving average of $239.11 and a two-hundred day simple moving average of $242.92.

Hedge Funds Weigh In On Asbury Automotive Group

Several institutional investors and hedge funds have recently bought and sold shares of ABG. Norges Bank purchased a new position in Asbury Automotive Group in the second quarter worth $77,544,000. GAMMA Investing LLC grew its holdings in Asbury Automotive Group by 30,639.2% in the first quarter. GAMMA Investing LLC now owns 129,412 shares of the company's stock worth $285,790,000 after purchasing an additional 128,991 shares during the last quarter. River Road Asset Management LLC grew its holdings in Asbury Automotive Group by 122.0% in the second quarter. River Road Asset Management LLC now owns 199,952 shares of the company's stock worth $44,413,000 after purchasing an additional 109,896 shares during the last quarter. Eminence Capital LP grew its holdings in Asbury Automotive Group by 15.8% in the fourth quarter. Eminence Capital LP now owns 787,775 shares of the company's stock worth $191,453,000 after purchasing an additional 107,317 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Asbury Automotive Group by 49.1% in the first quarter. Goldman Sachs Group Inc. now owns 278,760 shares of the company's stock worth $61,561,000 after purchasing 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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