Asbury Automotive Group (ABG) Projected to Announce Quarterly Earnings on Tuesday

Asbury Automotive Group (NYSE:ABGGet Free Report) will likely be issuing its Q2 2026 results before the market opens on Tuesday, July 28th. Analysts expect Asbury Automotive Group to post earnings of $6.32 per share and revenue of $4.4868 billion for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 10:00 AM ET.

Asbury Automotive Group (NYSE:ABGGet Free Report) last issued its earnings results on Tuesday, April 28th. The company reported $5.37 earnings per share for the quarter, missing the consensus estimate of $5.62 by ($0.25). Asbury Automotive Group had a return on equity of 13.39% and a net margin of 3.05%.The company had revenue of $4.11 billion during the quarter, compared to analysts’ expectations of $4.37 billion. During the same period in the previous year, the company earned $6.82 EPS. Asbury Automotive Group’s quarterly revenue was down .9% on a year-over-year basis. On average, analysts expect Asbury Automotive Group to post $26 EPS for the current fiscal year and $29 EPS for the next fiscal year.

Asbury Automotive Group Price Performance

ABG stock opened at $224.84 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.29 and a current ratio of 0.94. Asbury Automotive Group has a 1 year low of $172.01 and a 1 year high of $263.38. The firm has a market cap of $4.19 billion, a P/E ratio of 7.96, a price-to-earnings-growth ratio of 1.30 and a beta of 0.74. The stock has a 50-day simple moving average of $200.80 and a 200-day simple moving average of $209.84.

Insider Activity at Asbury Automotive Group

In other Asbury Automotive Group news, Director B. Christopher Disantis purchased 157 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were acquired at an average price of $182.31 per share, for a total transaction of $28,622.67. Following the completion of the purchase, the director owned 6,400 shares in the company, valued at $1,166,784. The trade was a 2.51% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.75% of the company’s stock.

Institutional Investors Weigh In On Asbury Automotive Group

Several hedge funds and other institutional investors have recently bought and sold shares of ABG. AQR Capital Management LLC raised its position in shares of Asbury Automotive Group by 11.0% in the 1st quarter. AQR Capital Management LLC now owns 6,263 shares of the company’s stock valued at $1,383,000 after purchasing an additional 619 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Asbury Automotive Group by 49.1% during the first quarter. Goldman Sachs Group Inc. now owns 278,760 shares of the company’s stock worth $61,561,000 after buying an additional 91,767 shares in the last quarter. United Services Automobile Association bought a new stake in shares of Asbury Automotive Group in the first quarter worth $265,000. Empowered Funds LLC increased its stake in shares of Asbury Automotive Group by 11.4% in the first quarter. Empowered Funds LLC now owns 7,639 shares of the company’s stock worth $1,687,000 after buying an additional 783 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Asbury Automotive Group by 3.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 51,239 shares of the company’s stock valued at $11,316,000 after acquiring an additional 1,676 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ABG. Barclays reduced their price target on Asbury Automotive Group from $235.00 to $225.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 15th. Stephens reiterated an “overweight” rating and set a $242.00 price objective on shares of Asbury Automotive Group in a research note on Tuesday, June 2nd. UBS Group boosted their target price on shares of Asbury Automotive Group from $202.00 to $221.00 and gave the stock a “neutral” rating in a research report on Friday, July 10th. JPMorgan Chase & Co. decreased their target price on shares of Asbury Automotive Group from $235.00 to $220.00 and set an “underweight” rating for the company in a research note on Thursday, May 7th. Finally, Weiss Ratings lowered shares of Asbury Automotive Group from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, April 29th. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $233.12.

Read Our Latest Research Report on ABG

Asbury Automotive Group Company Profile

(Get Free Report)

Asbury Automotive Group, Inc (NYSE:ABG) is one of the largest automotive retailers in the United States. Headquartered in Duluth, Georgia, the company operates a network of franchised dealerships representing a diverse portfolio of automotive brands. Its core business activities include the sale of new and pre-owned vehicles, as well as the provision of vehicle finance, insurance and protection products to retail customers.

In addition to retail sales, Asbury offers a comprehensive suite of after-sales services, from scheduled maintenance and certified collision repair to parts distribution.

Recommended Stories

Earnings History for Asbury Automotive Group (NYSE:ABG)

Receive News & Ratings for Asbury Automotive Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asbury Automotive Group and related companies with MarketBeat.com's FREE daily email newsletter.