Asbury Automotive downgraded by JP Morgan with a new price target
$ABG
Retail-Auto Dealers and Gas Stations
Consumer Discretionary
JP Morgan downgraded Asbury Automotive from Overweight to Neutral and set a new price target of $230.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 11/12/2024 | Buy → Neutral | Seaport Research Partners | |
| 9/25/2024 | $190.00 → $240.00 | Underweight → Equal-Weight | Morgan Stanley |
| 9/12/2024 | $216.00 | Equal-Weight | Stephens |
| 6/10/2024 | $230.00 | Overweight → Neutral | JP Morgan |
10-Q - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Filer)
8-K - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Filer)
144 - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Subject)
Park Place Motorcars Fort Worth, a part of Asbury Automotive Group, Inc. (NYSE:ABG), has begun a major renovation aimed at enhancing the dealership experience. Known for delivering exceptional service and a personalized approach, Park Place plans to add a sleek new showroom, updated service facilities, and a reimagined client lounge — all designed with comfort, technology, and hospitality in mind for our guests. "This renovation is more than updating our space — it's about reaffirming our commitment to Fort Worth as a community partner," said George Johnson, General Manager of Park Place Motorcars Fort Worth. "Our new design not only meets the needs of today's luxury car guests but also a
Sale of dealership in Utah's second fastest-growing metro area underscores demand for high-quality franchises in the Western US and is Kerrigan Advisors' 145th transaction in the region Kerrigan Advisors, the leading sell-side advisor and thought partner to auto dealers nationwide, represented Atlanta-based Asbury Automotive Group, Inc. ("Asbury") (NYSE:ABG) in the sale of its Larry H. Miller CDJR Riverdale dealership in Ogden, Utah, to Young Automotive Group. Young Automotive Group operates dealerships in Utah, Idaho, and Montana, and ranks as the 119th largest dealership group in the US per Automotive News. Asbury, one of the largest automotive retailers in the US, has been strategicall
All-time record Revenue of $4.8 billion, growth of 13% All-time record Gross Profit of $803 million, growth of 12% EPS of $7.52 per diluted share, an increase of 18% Adjusted EPS, a non-GAAP measure, of $7.17 per diluted share, an increase of 13% Same store Parts & Service gross profit growth of 7% Repurchased approximately 220,500 shares for $50 million in the third quarter Net income of $147 million; adjusted net income, a non-GAAP measure, of $140 million Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company"), one of the largest automotive retail and service companies in the U.S., reported third quarter 2025 net income of $147 million ($7.52 per diluted share), an
4 - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Issuer)
4 - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Issuer)
4 - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Issuer)
Stephens upgraded Asbury Automotive from Equal-Weight to Overweight and set a new price target of $277.00
Analyst downgraded Asbury Automotive from Neutral to Underweight and set a new price target of $225.00
BofA Securities resumed coverage of Asbury Automotive with a rating of Buy and set a new price target of $325.00
4 - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Issuer)
All-time record Revenue of $4.8 billion, growth of 13% All-time record Gross Profit of $803 million, growth of 12% EPS of $7.52 per diluted share, an increase of 18% Adjusted EPS, a non-GAAP measure, of $7.17 per diluted share, an increase of 13% Same store Parts & Service gross profit growth of 7% Repurchased approximately 220,500 shares for $50 million in the third quarter Net income of $147 million; adjusted net income, a non-GAAP measure, of $140 million Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company"), one of the largest automotive retail and service companies in the U.S., reported third quarter 2025 net income of $147 million ($7.52 per diluted share), an
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 third quarter financial results before the market opens on Tuesday, October 28, 2025. 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)
Revenue of $4.4 billion Gross Profit of $752 million All-time record Parts & Service gross profit of $355 million Fourth quarter of sequential improvement in same store Used Retail gross profit per unit Net income of $153 million; adjusted net income, a non-GAAP measure, of $146 million EPS of $7.76 per diluted share; adjusted EPS, a non-GAAP measure, of $7.43 per diluted share Completed acquisition of The Herb Chambers Automotive Group on July 21, 2025; the sixteenth largest privately-owned dealership group based on 2024 revenue with approximately $3 billion in annual revenue Divested of nine stores in the period between April 1, 2025 through July 28, 2025 as part of
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
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SC 13G/A - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Subject)