What is Seaport Res Ptn’s Forecast for ABG FY2026 Earnings?

Asbury Automotive Group, Inc. (NYSE:ABG) – Stock analysts at Seaport Res Ptn increased their FY2026 earnings estimates for Asbury Automotive Group in a research report issued on Sunday, April 20th. Seaport Res Ptn analyst G. Chin now forecasts that the company will post earnings per share of $26.08 for the year, up from their previous forecast of $25.73. The consensus estimate for Asbury Automotive Group’s current full-year earnings is $26.28 per share.

ABG has been the topic of a number of other research reports. 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 report on Tuesday, February 11th. JPMorgan Chase & Co. cut their price objective on Asbury Automotive Group from $290.00 to $250.00 and set a “neutral” rating on the stock in a report on Thursday, March 27th. Citigroup began coverage on Asbury Automotive Group in a research note on Wednesday. They set a “neutral” rating and a $236.00 target price on the stock. Finally, Craig Hallum downgraded Asbury Automotive Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 18th. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $258.50.

Asbury Automotive Group Price Performance

Asbury Automotive Group stock opened at $219.60 on Wednesday. The company’s 50 day simple moving average is $242.74 and its 200-day simple moving average is $249.53. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.41 and a current ratio of 1.20. Asbury Automotive Group has a 1 year low of $201.68 and a 1 year high of $312.56. The company has a market capitalization of $4.31 billion, a price-to-earnings ratio of 10.21 and a beta of 1.04.

Insider Transactions at Asbury Automotive Group

In other news, COO Daniel Clara sold 1,217 shares of the 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 owns 3,747 shares in the company, valued at approximately $1,111,510.08. This represents a 24.52 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.53% of the company’s stock.

Hedge Funds Weigh In On Asbury Automotive Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. CIBC Private Wealth Group LLC lifted its position in shares of Asbury Automotive Group by 9.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 484 shares of the company’s stock worth $117,000 after buying an additional 41 shares during the last quarter. Bank of Montreal Can boosted its stake in Asbury Automotive Group by 2.0% in the fourth quarter. Bank of Montreal Can now owns 2,502 shares of the company’s stock valued at $608,000 after acquiring an additional 48 shares in the last quarter. SkyView Investment Advisors LLC grew its holdings in shares of Asbury Automotive Group by 2.4% during the third quarter. SkyView Investment Advisors LLC now owns 2,119 shares of the company’s stock worth $506,000 after purchasing an additional 50 shares during the last quarter. Versant Capital Management Inc increased 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 in the last quarter. Finally, Vista Finance LLC boosted its position in shares of Asbury Automotive Group by 7.0% in the 1st quarter. Vista Finance LLC now owns 982 shares of the company’s stock valued at $217,000 after purchasing an additional 64 shares during the period.

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.