Seaport Res Ptn Analysts Raise Earnings Estimates for ABG

Asbury Automotive Group, Inc. (NYSE:ABG) – Equities research analysts at Seaport Res Ptn increased their Q3 2025 earnings per share estimates for shares of Asbury Automotive Group in a report released on Tuesday, October 14th. Seaport Res Ptn analyst G. Chin now anticipates that the company will earn $6.85 per share for the quarter, up from their prior estimate of $6.79. 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 FY2025 earnings at $27.99 EPS.

Asbury Automotive Group (NYSE:ABG) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $7.43 earnings per share for the quarter, topping analysts’ consensus estimates of $6.82 by $0.61. Asbury Automotive Group had a return on equity of 15.41% and a net margin of 3.13%.The business had revenue of $4.37 billion for the quarter, compared to the consensus estimate of $4.44 billion. During the same period in the prior year, the business earned $6.40 EPS. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis.

ABG has been the topic of a number of other reports. JPMorgan Chase & Co. upped their price target on Asbury Automotive Group from $220.00 to $230.00 and gave the stock an “underweight” rating in a research note on Tuesday. Morgan Stanley upped their price target on Asbury Automotive Group from $225.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 14th. Cfra set a $225.00 price target on Asbury Automotive Group in a research note on Tuesday, July 29th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Asbury Automotive Group in a research note on Wednesday, October 8th. Finally, Bank of America decreased their price objective on Asbury Automotive Group from $335.00 to $300.00 and set a “buy” rating for the company in a report on Wednesday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Asbury Automotive Group has an average rating of “Hold” and an average price target of $251.14.

Asbury Automotive Group Stock Up 0.9%

ABG stock opened at $248.32 on Wednesday. The stock’s 50 day simple moving average is $245.09 and its 200 day simple moving average is $236.47. Asbury Automotive Group has a fifty-two week low of $201.68 and a fifty-two week high of $312.56. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.49 and a current ratio of 1.30. The company has a market cap of $4.88 billion, a P/E ratio of 9.07, a price-to-earnings-growth ratio of 1.60 and a beta of 0.85.

Insider Buying and Selling

In other Asbury Automotive Group news, SVP Jed Milstein sold 1,132 shares of the business’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $253.26, for a total transaction of $286,690.32. Following the completion of the sale, the senior vice president directly owned 11,267 shares of the company’s stock, valued at approximately $2,853,480.42. The trade was a 9.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Dean Calloway sold 400 shares of the business’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $254.40, for a total value of $101,760.00. Following the sale, the senior vice president directly owned 5,295 shares of the company’s stock, valued at $1,347,048. This represents a 7.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 2,957 shares of company stock valued at $745,501. Company insiders own 0.59% of the company’s stock.

Hedge Funds Weigh In On Asbury Automotive Group

Several institutional investors have recently modified their holdings of the business. CWM LLC grew its holdings in shares of Asbury Automotive Group by 25.5% in the third quarter. CWM LLC now owns 1,158 shares of the company’s stock valued at $283,000 after acquiring an additional 235 shares in the last quarter. Inspire Investing LLC grew its holdings in shares of Asbury Automotive Group by 13.6% in the third quarter. Inspire Investing LLC now owns 1,862 shares of the company’s stock valued at $455,000 after acquiring an additional 223 shares in the last quarter. Exchange Traded Concepts LLC bought a new position in shares of Asbury Automotive Group in the third quarter valued at approximately $1,137,000. Congress Asset Management Co. bought a new position in shares of Asbury Automotive Group in the third quarter valued at approximately $525,000. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Asbury Automotive Group by 67.4% in the third quarter. Assenagon Asset Management S.A. now owns 4,640 shares of the company’s stock valued at $1,134,000 after acquiring an additional 1,869 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.