Asbury Automotive Group (NYSE:ABG – Get Free Report) is anticipated to announce its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect Asbury Automotive Group to announce earnings of $6.47 per share and revenue of $4.52 billion for the quarter. Investors can check the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 10:00 AM ET.
Asbury Automotive Group (NYSE:ABG – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $6.82 EPS for the quarter, topping analysts’ consensus estimates of $6.31 by $0.51. The company had revenue of $4.38 billion for the quarter, compared to analyst estimates of $4.49 billion. Asbury Automotive Group had a return on equity of 12.72% and a net margin of 2.83%. The firm’s quarterly revenue was up .3% on a year-over-year basis. During the same period in the previous year, the firm earned $7.43 earnings per share. On average, analysts expect Asbury Automotive Group to post $25.64 EPS for the current fiscal year and $28.87 EPS for the next fiscal year.
Asbury Automotive Group Stock Down 0.0%
Shares of NYSE ABG opened at $169.98 on Tuesday. Asbury Automotive Group has a 52-week low of $160.30 and a 52-week high of $258.74. The company’s 50 day moving average price is $194.06 and its 200-day moving average price is $200.21. The company has a market capitalization of $3.05 billion, a P/E ratio of 6.36, a price-to-earnings-growth ratio of 0.95 and a beta of 0.78. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.29 and a current ratio of 0.91.
Analyst Upgrades and Downgrades
A number of research analysts have recently issued reports on the company. Barclays reissued a “reduce” rating on shares of Asbury Automotive Group in a research note on Tuesday, October 6th. Seaport Research Partners upgraded Asbury Automotive Group from a “neutral” rating to a “buy” rating and set a $300.00 price target for the company in a research note on Tuesday, September 8th. Citigroup upped their target price on shares of Asbury Automotive Group from $212.00 to $250.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. JPMorgan Chase & Co. reduced their target price on Asbury Automotive Group from $190.00 to $185.00 and set an “underweight” rating for the company in a report on Tuesday, October 6th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Asbury Automotive Group in a report on Friday, July 24th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $214.00.
Insider Buying and Selling
In other news, SVP Jed Milstein sold 948 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $250.28, for a total transaction of $237,265.44. Following the completion of the transaction, the senior vice president directly owned 11,259 shares in the company, valued at $2,817,902.52. The trade was a 7.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.75% of the stock is currently owned by insiders.
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.
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