Asbury Automotive downgraded by Seaport Research Partners
$ABG
Retail-Auto Dealers and Gas Stations
Consumer Discretionary
Seaport Research Partners downgraded Asbury Automotive from Buy to Neutral
Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/27/2026 | $202.00 | Neutral | UBS |
| 3/4/2026 | Buy | BofA Securities | |
| 11/14/2025 | Equal Weight | Barclays | |
| 11/12/2025 | $275.00 | Equal Weight | Barclays |
| 8/14/2025 | $277.00 | Equal-Weight → Overweight | Stephens |
| 7/17/2025 | $225.00 | Neutral → Underweight | Analyst |
| 5/28/2025 | $325.00 | Buy | BofA Securities |
| 4/23/2025 | $236.00 | Neutral | Citigroup |
8-K/A - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Filer)
8-K - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Filer)
10-Q - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Filer)
4 - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Issuer)
4 - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Issuer)
4/A - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Issuer)
4 - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Issuer)
4 - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Issuer)
4/A - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Issuer)
UBS initiated coverage of Asbury Automotive with a rating of Neutral and set a new price target of $202.00
BofA Securities resumed coverage of Asbury Automotive with a rating of Buy
Barclays initiated coverage of Asbury Automotive with a rating of Equal Weight
Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company"), one of the largest automotive retail and service companies in the U.S., announced the formal transition of David Hult from CEO to Executive Chairman effective May 4th, 2026. "During his tenure, David Hult led Asbury through the largest period of growth in the company's history," said Tom Reddin, Asbury's Non-Executive Chairman. "Asbury's revenue more than doubled, share price tripled, and earnings per share nearly quadrupled. Aided by a bold acquisition strategy that generated an aggregate net return on investment in the mid-teens and ahead of our expectations, Asbury has been transformed from a smaller regional player to one w
Revenue of $4.1 billion Gross Profit of $727 million Used Retail Gross Profit per Unit of $1,847, growth of 16% EPS of $9.87 per diluted share; adjusted EPS, a non-GAAP measure, of $5.37 per diluted share Net income of $188 million; adjusted net income, a non-GAAP measure, of $102 million Repurchased approximately 678,000 shares for $147 million Over 50% of stores converted to Tekion as of April 28, 2026 Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company"), one of the largest automotive retail and service companies in the U.S., reported first quarter 2026 net income of $188 million ($9.87 per diluted share), an increase of 42% from $132 million ($6.71 per diluted s
Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company"), one of the largest automotive retail and service companies in the United States, today celebrated the grand opening of the Company's state-of-the-art Dealership Support Center. Renovation on the new Dealership Support Center, located at 6655 Peachtree Dunwoody Road, in the heart of Sandy Springs, began in 2025 with corporate team members working from the building as early as November 2025. The renovated property offers modern workspaces that support both collaboration and focused work, as well as wellness rooms and an arcade-style game room. Additionally, the Dealership Support Center features an on-site café for employees and visi
The Board of Directors of Asbury Automotive Group, Inc. (NYSE:ABG) ("Asbury" or the "Company"), one of the largest automotive retail and service companies in the U.S., today announced that Senior Vice President of Operations Daniel E. Clara has been promoted to Chief Operating Officer effective February 17, 2025. Mr. Clara has over 23 years of extensive automotive retail experience. Prior to his 5 years as SVP of Operations, he held positions as regional vice president, market director, general manager, other store-level department leadership roles, and store-level frontline retail positions at Asbury. "Dan has done a great job leading store operations for Asbury for the past 5 years," sai
Shamla Naidoo's Extensive Background in Technology, Data, and Privacy Provides Asbury Automotive Group with Additional Cyber Security Insight Asbury Automotive Group, Inc. (NYSE:ABG) ("Asbury" or the "Company"), one of the largest automotive retail and service companies in the U.S., announced today the appointment of Shamla Naidoo to its Board of Directors effective January 1, 2025. The Board has appointed Ms. Naidoo to the Audit Committee and the Compensation & Human Resources Committee. Ms. Naidoo's election brings the total number of directors to ten, nine of whom are independent, including Ms. Naidoo. "We are thrilled to welcome Shamla to the Board. She is a tremendous addition and
Asbury Automotive Group, Inc. (NYSE:ABG) ("we," "our" or the "Company"), one of the largest automotive retail and service companies in the U.S., is proud to announce the appointment of Dean A. Calloway as SVP, General Counsel and Secretary, effective July 1, 2024. Dean joined Asbury as Assistant General Counsel in October 2013. He was promoted to Associate General Counsel in February 2017, and then promoted to Vice President and Associate General Counsel in August 2022. In his 10+ years with the Company, Dean has taken the lead on complex commercial litigation, cyber security issues, corporate governance matters, franchise and OEM matters, and employment issues. He has also served as assist
Revenue of $4.1 billion Gross Profit of $727 million Used Retail Gross Profit per Unit of $1,847, growth of 16% EPS of $9.87 per diluted share; adjusted EPS, a non-GAAP measure, of $5.37 per diluted share Net income of $188 million; adjusted net income, a non-GAAP measure, of $102 million Repurchased approximately 678,000 shares for $147 million Over 50% of stores converted to Tekion as of April 28, 2026 Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company"), one of the largest automotive retail and service companies in the U.S., reported first quarter 2026 net income of $188 million ($9.87 per diluted share), an increase of 42% from $132 million ($6.71 per diluted s
Asbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its first quarter financial results before the market opens on Tuesday, April 28, 2026. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto https://investors.asburyauto.com. A replay will be available on this site for 30 days. In addition, live audio will be accessible to the public. Participants may enter the conference call five to ten minutes prior to the scheduled start of the call by dialing: Domestic: (877) 40
All-time record annual Revenue of $18 billion Record fourth quarter Revenue of $4.7 billion, growth of 4% Record fourth quarter Gross Profit of $793 million, growth of 6% Same store Used Retail GPU of $1,749, growth of 18% Same store Used Retail Gross Profit of $51 million, growth of 4% EPS of $3.10 per diluted share; adjusted EPS, a non-GAAP measure, of $6.67 per diluted share Net income of $60 million; adjusted net income, a non-GAAP measure, of $129 million Repurchased approximately 212,000 shares for $50 million Resumed Tekion transition with implementation across 15 additional stores Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company"), one of the larges
SC 13G - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Subject)
SC 13G/A - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Subject)
SC 13G/A - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Subject)