Seaport Res Ptn Has Bullish Estimate for ABG Q1 Earnings

Asbury Automotive Group, Inc. (NYSE:ABG) – Equities researchers at Seaport Res Ptn upped their Q1 2025 earnings estimates for shares of Asbury Automotive Group in a report issued on Sunday, April 20th. Seaport Res Ptn analyst G. Chin now anticipates that the company will post earnings per share of $6.54 for the quarter, up from their previous estimate of $6.30. 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 Q2 2025 earnings at $6.40 EPS, Q3 2025 earnings at $6.78 EPS, Q4 2025 earnings at $7.27 EPS and FY2025 earnings at $26.99 EPS.

A number of other equities analysts also recently issued reports on ABG. JPMorgan Chase & Co. cut their price target on Asbury Automotive Group from $290.00 to $250.00 and set a “neutral” rating for the company in a research note on Thursday, March 27th. Craig Hallum downgraded shares of Asbury Automotive Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 18th. Finally, Stephens boosted their target price on Asbury Automotive Group from $220.00 to $260.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 11th. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $263.00.

Asbury Automotive Group Stock Performance

ABG opened at $217.28 on Tuesday. The company has a current ratio of 1.20, a quick ratio of 0.41 and a debt-to-equity ratio of 0.98. The company’s fifty day moving average price is $244.28 and its two-hundred day moving average price is $249.71. The company has a market cap of $4.27 billion, a price-to-earnings ratio of 10.10 and a beta of 1.04. Asbury Automotive Group has a 1-year low of $201.68 and a 1-year high of $312.56.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of ABG. CIBC Private Wealth Group LLC raised 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 purchasing an additional 41 shares in the last quarter. Bank of Montreal Can raised its position in shares of Asbury Automotive Group by 2.0% during the 4th quarter. Bank of Montreal Can now owns 2,502 shares of the company’s stock valued at $608,000 after buying an additional 48 shares in the last quarter. SkyView Investment Advisors LLC lifted its holdings in shares of Asbury Automotive Group by 2.4% during the 3rd quarter. SkyView Investment Advisors LLC now owns 2,119 shares of the company’s stock worth $506,000 after acquiring an additional 50 shares during the last quarter. Versant Capital Management Inc grew its position in Asbury Automotive Group by 43.9% in the first quarter. Versant Capital Management Inc now owns 164 shares of the company’s stock worth $36,000 after acquiring an additional 50 shares in the last quarter. Finally, Vista Finance LLC increased its stake in Asbury Automotive Group by 7.0% in the first quarter. Vista Finance LLC now owns 982 shares of the company’s stock valued at $217,000 after acquiring an additional 64 shares during the last quarter.

Insiders Place Their Bets

In other Asbury Automotive Group news, COO Daniel Clara sold 1,217 shares of the company’s stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $296.64, for a total value of $361,010.88. Following the transaction, the chief operating officer now directly owns 3,747 shares in the company, valued at $1,111,510.08. This represents a 24.52 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.53% of the company’s stock.

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.