What is Seaport Res Ptn's Estimate for ABG Q2 Earnings?

Asbury Automotive Group, Inc. (NYSE:ABG - Free Report) - Investment analysts at Seaport Res Ptn lifted their Q2 2025 earnings per share (EPS) estimates for Asbury Automotive Group in a research note issued on Wednesday, July 16th. Seaport Res Ptn analyst G. Chin now forecasts that the company will post earnings per share of $6.85 for the quarter, up from their prior forecast of $6.84. The consensus estimate for Asbury Automotive Group's current full-year earnings is $26.28 per share.

A number of other equities research analysts also recently commented on ABG. Bank of America lifted 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. Citigroup began coverage on Asbury Automotive Group in a research report on Wednesday, April 23rd. They issued a "neutral" rating and a $236.00 price objective for the company. JPMorgan Chase & Co. cut Asbury Automotive Group from a "neutral" rating to an "underweight" rating and dropped their price target for the stock from $235.00 to $225.00 in a research report on Thursday. Finally, Wall Street Zen raised Asbury Automotive Group from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. 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 stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $259.33.

Asbury Automotive Group Stock Up 0.6%

NYSE ABG traded up $1.49 during trading on Friday, hitting $231.45. The company's stock had a trading volume of 143,248 shares, compared to its average volume of 197,089. 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 company has a market cap of $4.55 billion, a PE ratio of 11.02, a P/E/G ratio of 1.49 and a beta of 0.96. The business's 50 day simple moving average is $239.74 and its 200-day simple moving average is $245.08. Asbury Automotive Group has a fifty-two week low of $201.68 and a fifty-two week high of $312.56.

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). The firm had revenue of $4.15 billion for the quarter, compared to analysts' expectations of $4.31 billion. Asbury Automotive Group had a net margin of 2.42% and a return on equity of 15.41%. The business's quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $7.21 EPS.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. CIBC Private Wealth Group LLC lifted its stake in Asbury Automotive Group by 9.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 484 shares of the company's stock valued at $117,000 after buying an additional 41 shares during the last quarter. Bank of Montreal Can raised its position in shares of Asbury Automotive Group by 2.0% during the fourth quarter. Bank of Montreal Can now owns 2,502 shares of the company's stock worth $608,000 after purchasing an additional 48 shares during the period. Versant Capital Management Inc raised its position in shares of Asbury Automotive Group by 43.9% during the first quarter. Versant Capital Management Inc now owns 164 shares of the company's stock worth $36,000 after purchasing an additional 50 shares during the period. Nations Financial Group Inc. IA ADV grew its holdings in shares of Asbury Automotive Group by 1.3% during the first quarter. Nations Financial Group Inc. IA ADV now owns 4,074 shares of the company's stock valued at $900,000 after buying an additional 51 shares in the last quarter. Finally, Choreo LLC grew its holdings in shares of Asbury Automotive Group by 1.7% during the first quarter. Choreo LLC now owns 3,094 shares of the company's stock valued at $683,000 after buying an additional 53 shares in the last quarter.

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.