Asbury Automotive Group (ABG) Projected to Post Earnings on Tuesday

Asbury Automotive Group (NYSE:ABG) is expected to be releasing its Q1 2025 earnings data before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $6.67 per share and revenue of $4.31 billion for the quarter.

Asbury Automotive Group Trading Up 1.0 %

ABG stock opened at $223.84 on Friday. Asbury Automotive Group has a 1-year low of $201.68 and a 1-year high of $312.56. The company has a current ratio of 1.20, a quick ratio of 0.41 and a debt-to-equity ratio of 0.98. The business’s 50 day moving average is $237.91 and its 200-day moving average is $249.41. The firm has a market cap of $4.40 billion, a P/E ratio of 10.41 and a beta of 1.04.

Insider Activity at Asbury Automotive Group

In related news, COO Daniel Clara sold 1,217 shares of the business’s stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $296.64, for a total value of $361,010.88. Following the completion of the transaction, the chief operating officer now owns 3,747 shares in the company, valued at $1,111,510.08. The trade was a 24.52 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.53% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have weighed in on ABG shares. Citigroup began coverage on Asbury Automotive Group in a research report on Wednesday. They issued a “neutral” rating and a $236.00 price target on the stock. Stephens upped their target price 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. Craig Hallum cut shares of Asbury Automotive Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 18th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Asbury Automotive Group from $290.00 to $250.00 and set a “neutral” rating on the stock in a research report on Thursday, March 27th. Seven equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, Asbury Automotive Group currently has an average rating of “Hold” and a consensus price target of $258.50.

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.