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

Asbury Automotive Group, Inc. (NYSE:ABG) – Seaport Res Ptn raised their Q2 2025 earnings per share (EPS) estimates for shares of Asbury Automotive Group in a research note issued to investors 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 previous estimate of $6.84. The consensus estimate for Asbury Automotive Group’s current full-year earnings is $26.28 per share.

Other analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. cut shares of Asbury Automotive Group from a “neutral” rating to an “underweight” rating and lowered their target price for the company from $235.00 to $225.00 in a research note on Thursday. Wall Street Zen upgraded Asbury Automotive Group from a “hold” rating to a “buy” rating in a research note on Monday, May 12th. Citigroup started coverage on Asbury Automotive Group in a research report on Wednesday, April 23rd. They set a “neutral” rating and a $236.00 target price for the company. Finally, Bank of America upped their price target on Asbury Automotive Group from $325.00 to $335.00 and gave the company a “buy” rating in a research report on Monday, June 16th. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $259.33.

Asbury Automotive Group Trading Up 0.1%

Shares of ABG stock opened at $229.67 on Friday. The firm has a fifty day moving average of $239.74 and a 200-day moving average of $245.01. The stock has a market cap of $4.52 billion, a price-to-earnings ratio of 10.93, a P/E/G ratio of 1.48 and a beta of 0.96. Asbury Automotive Group has a 52-week low of $201.68 and a 52-week high of $312.56. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.55 and a current ratio of 1.25.

Asbury Automotive Group (NYSE:ABG) last issued its 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). Asbury Automotive Group had a return on equity of 15.41% and a net margin of 2.42%. The firm had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.31 billion. During the same period last year, the business earned $7.21 earnings per share. The firm’s revenue for the quarter was down 1.3% compared to the same quarter last year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. CIBC Private Wealth Group LLC increased its holdings in Asbury Automotive Group by 9.3% during the 4th 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 increased its stake in shares of 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 buying an additional 48 shares in the last quarter. Versant Capital Management Inc increased its stake in shares of Asbury Automotive Group by 43.9% in the first quarter. Versant Capital Management Inc now owns 164 shares of the company’s stock valued at $36,000 after buying an additional 50 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of Asbury Automotive Group by 1.3% in 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 during the last quarter. Finally, Choreo LLC lifted its position in Asbury Automotive Group by 1.7% during the 1st quarter. Choreo LLC now owns 3,094 shares of the company’s stock worth $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.