Craig Hallum Upgrades Asbury Automotive Group (NYSE:ABG) to Buy

Asbury Automotive Group (NYSE:ABG) was upgraded by equities researchers at Craig Hallum from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday, Marketbeat Ratings reports. The firm currently has a $250.00 price target on the stock. Craig Hallum‘s price target would indicate a potential upside of 27.18% from the stock’s current price.

Several other research analysts have also issued reports on ABG. UBS Group reduced their price target on Asbury Automotive Group from $250.00 to $193.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 7th. Zacks Research lowered Asbury Automotive Group from a “hold” rating to a “strong sell” rating in a research note on Friday, October 16th. JPMorgan Chase & Co. reduced their target price on Asbury Automotive Group from $190.00 to $185.00 and set an “underweight” rating on the stock in a report on Tuesday, October 6th. Citigroup boosted their target price on Asbury Automotive Group from $212.00 to $250.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Asbury Automotive Group in a research report on Thursday. Three investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Asbury Automotive Group currently has a consensus rating of “Hold” and a consensus target price of $219.14.

Asbury Automotive Group Trading Up 13.7%

Shares of ABG traded up $23.61 on Tuesday, reaching $196.57. 454,697 shares of the company’s stock were exchanged, compared to its average volume of 252,533. The company has a current ratio of 0.91, a quick ratio of 0.29 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $3.53 billion, a P/E ratio of 7.35, a price-to-earnings-growth ratio of 0.97 and a beta of 0.78. The business has a 50 day moving average price of $190.06 and a two-hundred day moving average price of $205.47. Asbury Automotive Group has a 12 month low of $160.30 and a 12 month high of $258.74.

Asbury Automotive Group (NYSE:ABG) last released its earnings results on Tuesday, October 27th. The company reported $6.16 EPS for the quarter, missing analysts’ consensus estimates of $6.42 by ($0.26). Asbury Automotive Group had a return on equity of 12.72% and a net margin of 2.83%. The company’s revenue was down 8.1% on a year-over-year basis. During the same quarter last year, the business posted $7.17 EPS. Research analysts anticipate that Asbury Automotive Group will post 25.64 earnings per share for the current year.

Insider Activity at Asbury Automotive Group

In related news, SVP Jed Milstein sold 948 shares of the firm’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $250.28, for a total transaction of $237,265.44. Following the sale, the senior vice president owned 11,259 shares of the company’s stock, valued at approximately $2,817,902.52. This trade represents a 7.77% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.75% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Asbury Automotive Group

Several large investors have recently modified their holdings of ABG. BlackRock Inc. acquired a new stake in shares of Asbury Automotive Group during the second quarter worth about $593,499,000. Dimensional Fund Advisors LP lifted its holdings in shares of Asbury Automotive Group by 3.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,156,426 shares of the company’s stock valued at $225,977,000 after purchasing an additional 34,104 shares in the last quarter. Cooke & Bieler LP bought a new position in shares of Asbury Automotive Group during the 3rd quarter valued at about $65,167,000. Madison Asset Management LLC acquired a new position in shares of Asbury Automotive Group in the 2nd quarter valued at approximately $60,592,000. Finally, Magnolia Group LLC grew its position in shares of Asbury Automotive Group by 3.1% in the 1st quarter. Magnolia Group LLC now owns 288,004 shares of the company’s stock valued at $56,279,000 after purchasing an additional 8,731 shares during the period.

More Asbury Automotive Group News

Here are the key news stories impacting Asbury Automotive Group this week:

• Neutral Sentiment: Asbury Automotive reported third-quarter 2026 earnings of $6.16 per share, below the $6.42–$6.46 analyst consensus. Revenue also declined 8.1% year over year, while earnings fell from $7.17 per share in the comparable period. Asbury Automotive Group Reports Third-Quarter and Nine-Month Results
• Negative Sentiment: The quarterly EPS miss and lower revenue point to continued pressure on profitability and operating performance. The company reported a 12.72% return on equity and a 2.83% net margin, underscoring the relatively thin profitability that can make the stock sensitive to weaker vehicle demand, pricing, or financing conditions. Asbury Automotive Group Misses Q3 Earnings and Revenue Estimates
• Negative Sentiment: The results were also below key Wall Street expectations across the quarter, increasing uncertainty around the company’s near-term earnings trajectory. Analysts had expected approximately $25.64 in full-year EPS, making subsequent guidance and management commentary important for the stock’s next move. Asbury Automotive Q3 Metrics Compared With Estimates

About Asbury Automotive Group

Asbury Automotive Group, Inc is a U.S.-based automotive retailer that operates franchised and independent dealerships. Its dealerships sell new and used vehicles from a range of domestic, import and luxury automobile brands, and provide related services throughout the vehicle ownership cycle.

The company’s operations include automotive repair and maintenance, parts and accessories, collision repair, vehicle financing and insurance products, and other dealership services. Asbury also supports vehicle sales and service through digital retailing and online customer tools.

Founded in 1995, Asbury has expanded through acquisitions and serves customers across multiple markets in the United States.