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

Asbury Automotive Group, Inc. (NYSE:ABG) – Investment analysts at Seaport Res Ptn issued their Q1 2025 earnings estimates for Asbury Automotive Group in a research report issued to clients and investors on Sunday, March 9th. Seaport Res Ptn analyst G. Chin expects that the company will earn $6.30 per share 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 analysts have also recently weighed in on ABG. JPMorgan Chase & Co. dropped their target price 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. Craig Hallum cut shares of Asbury Automotive Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 18th. Finally, Stephens increased their price objective on shares of Asbury Automotive Group from $220.00 to $260.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 11th. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $264.00.

Asbury Automotive Group Stock Down 0.3 %

Shares of NYSE:ABG opened at $247.09 on Wednesday. The stock has a market capitalization of $4.85 billion, a price-to-earnings ratio of 11.49 and a beta of 1.22. Asbury Automotive Group has a 1-year low of $202.98 and a 1-year high of $312.56. The company’s fifty day moving average is $268.56 and its two-hundred day moving average is $250.78. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.41 and a current ratio of 1.20.

Hedge Funds Weigh In On Asbury Automotive Group

Several hedge funds have recently made changes to their positions in ABG. Aster Capital Management DIFC Ltd acquired a new position in shares of Asbury Automotive Group in the 4th quarter worth approximately $25,000. CIBC Private Wealth Group LLC increased its position in shares of Asbury Automotive Group by 9.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 484 shares of the company’s stock worth $117,000 after acquiring an additional 41 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of Asbury Automotive Group by 234.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 501 shares of the company’s stock worth $122,000 after acquiring an additional 351 shares in the last quarter. Headlands Technologies LLC increased its position in shares of Asbury Automotive Group by 275.2% in the fourth quarter. Headlands Technologies LLC now owns 604 shares of the company’s stock worth $147,000 after acquiring an additional 443 shares in the last quarter. Finally, Sterling Capital Management LLC increased its position in shares of Asbury Automotive Group by 801.4% in the fourth quarter. Sterling Capital Management LLC now owns 631 shares of the company’s stock worth $153,000 after acquiring an additional 561 shares in the last quarter.

Insiders Place Their Bets

In other Asbury Automotive Group news, COO Daniel Clara sold 1,217 shares of the business’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $296.64, for a total transaction of $361,010.88. Following the sale, the chief operating officer now directly owns 3,747 shares in the company, valued at approximately $1,111,510.08. The trade was a 24.52 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.53% of the stock is owned by insiders.

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.