阿斯伯里汽车集团公司（纽约证券交易所代码：ABG）预计将公布2023年第一季度每股收益8.11美元|Group_新浪财经

Asbury Automotive Group, Inc. (NYSE:ABG – Get Rating) – Research analysts at Seaport Res Ptn issued their Q1 2023 earnings estimates for Asbury Automotive Group in a research report issued on Sunday, February 5th. Seaport Res Ptn analyst G. Chin forecasts that the company will post earnings of $8.11 per share for the quarter. The consensus estimate for Asbury Automotive Group's current full-year earnings is $29.84 per share. Seaport Res Ptn also issued estimates for Asbury Automotive Group's Q2 2023 earnings at $8.00 EPS, Q3 2023 earnings at $7.67 EPS, Q4 2023 earnings at $6.73 EPS and FY2023 earnings at $30.51 EPS.

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A number of other research firms also recently issued reports on ABG. Stephens boosted their target price on shares of Asbury Automotive Group to $280.00 in a research report on Tuesday. StockNews.com upgraded shares of Asbury Automotive Group from a "hold" rating to a "buy" rating in a research report on Saturday, January 28th. Finally, Morgan Stanley decreased their price objective on shares of Asbury Automotive Group from $135.00 to $128.00 and set an "underweight" rating for the company in a research report on Tuesday, January 17th.

Asbury Automotive Group Trading Down 0.0 %

NYSE ABG opened at $235.92 on Tuesday. The company has a market capitalization of $5.22 billion, a PE ratio of 5.29, a P/E/G ratio of 0.44 and a beta of 1.17. The company has a fifty day moving average of $188.02 and a 200 day moving average of $174.88. Asbury Automotive Group has a 1 year low of $138.88 and a 1 year high of $253.67. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.56 and a quick ratio of 0.85.

Asbury Automotive Group (NYSE:ABG – Get Rating) last posted its earnings results on Thursday, February 2nd. The company reported $9.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $8.23 by $0.89. The company had revenue of $3.70 billion during the quarter, compared to the consensus estimate of $3.86 billion. Asbury Automotive Group had a net margin of 6.46% and a return on equity of 34.91%. The firm's quarterly revenue was up 39.4% on a year-over-year basis. During the same period in the previous year, the firm posted $7.46 earnings per share.

Insiders Place Their Bets

In other Asbury Automotive Group news, CEO David W. Hult sold 25,000 shares of the company's stock in a transaction dated Tuesday, February 7th. The shares were sold at an average price of $232.76, for a total value of $5,819,000.00. Following the completion of the transaction, the chief executive officer now owns 31,264 shares in the company, valued at $7,277,008.64. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, CEO David W. Hult sold 25,000 shares of the company's stock in a transaction dated Tuesday, February 7th. The shares were sold at an average price of $232.76, for a total transaction of $5,819,000.00. Following the completion of the transaction, the chief executive officer now owns 31,264 shares in the company, valued at approximately $7,277,008.64. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Jed Milstein sold 3,050 shares of the company's stock in a transaction dated Tuesday, February 7th. The stock was sold at an average price of $233.81, for a total transaction of $713,120.50. Following the transaction, the senior vice president now owns 8,301 shares of the company's stock, valued at approximately $1,940,856.81. The disclosure for this sale can be found here. Over the last quarter, insiders sold 29,100 shares of company stock worth $6,775,133. Company insiders own 0.72% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Focused Wealth Management Inc acquired a new position in shares of Asbury Automotive Group during the 2nd quarter worth about $27,000. CoreCap Advisors LLC purchased a new stake in Asbury Automotive Group during the 2nd quarter valued at about $38,000. Ronald Blue Trust Inc. grew its stake in Asbury Automotive Group by 305.0% during the 3rd quarter. Ronald Blue Trust Inc. now owns 243 shares of the company's stock valued at $41,000 after acquiring an additional 183 shares in the last quarter. Standard Family Office LLC purchased a new stake in Asbury Automotive Group during the 3rd quarter valued at about $52,000. Finally, Quadrant Capital Group LLC grew its stake in Asbury Automotive Group by 236.9% during the 3rd quarter. Quadrant Capital Group LLC now owns 411 shares of the company's stock valued at $62,000 after acquiring an additional 289 shares in the last quarter.

About Asbury Automotive Group

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Asbury Automotive Group, Inc operates as a franchised automotive retailer. It operates through the Dealerships and Total Care Auto (TCA) segments. The Dealerships segment offers a range of automotive products and services fulfilling the entire vehicle ownership lifecycle including the sale of new and used vehicles and the provision of vehicle repair and maintenance services, replacement parts, and collision repair services.