What is Seaport Res Ptn’s Estimate for ABG Q1 Earnings?

Asbury Automotive Group, Inc. (NYSE:ABG) – Seaport Res Ptn issued their Q1 2025 earnings per share estimates for shares of Asbury Automotive Group in a report issued on Sunday, March 9th. Seaport Res Ptn analyst G. Chin anticipates that the company will post earnings per share of $6.30 for the quarter. 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 $6.25 EPS, Q4 2025 earnings at $7.20 EPS and FY2026 earnings at $25.73 EPS.

A number of other research analysts also recently commented on ABG. Stephens raised their target price on shares of Asbury Automotive Group from $220.00 to $260.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 11th. JPMorgan Chase & Co. cut their price objective on shares of Asbury Automotive Group from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, January 17th. Finally, Craig Hallum lowered Asbury Automotive Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 18th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $264.00.

Asbury Automotive Group Stock Performance

Shares of Asbury Automotive Group stock opened at $243.00 on Wednesday. Asbury Automotive Group has a 12 month low of $202.98 and a 12 month high of $312.56. The stock’s fifty day moving average price is $268.64 and its 200-day moving average price is $250.81. The firm has a market cap of $4.77 billion, a P/E ratio of 11.30 and a beta of 1.22. The company has a current ratio of 1.20, a quick ratio of 0.41 and a debt-to-equity ratio of 0.98.

Insider Transactions at Asbury Automotive Group

In other Asbury Automotive Group news, COO Daniel Clara sold 1,217 shares of the firm’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 completion of the sale, the chief operating officer now owns 3,747 shares of the company’s stock, valued at approximately $1,111,510.08. This trade represents a 24.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.53% of the company’s stock.

Hedge Funds Weigh In On Asbury Automotive Group

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Madison Investment Advisors LLC acquired a new stake in shares of Asbury Automotive Group during the fourth quarter worth $82,426,000. Norges Bank purchased a new position in Asbury Automotive Group in the 4th quarter worth $82,079,000. Artisan Partners Limited Partnership acquired a new stake in Asbury Automotive Group during the 4th quarter worth about $51,118,000. Natixis Advisors LLC purchased a new stake in Asbury Automotive Group during the 3rd quarter valued at about $26,573,000. Finally, Eminence Capital LP grew its stake in Asbury Automotive Group by 15.8% during the 4th quarter. Eminence Capital LP now owns 787,775 shares of the company’s stock valued at $191,453,000 after purchasing an additional 107,317 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.