Asbury Automotive upgraded by Stephens with a new price target
$ABG
Retail-Auto Dealers and Gas Stations
Consumer Discretionary
Stephens upgraded Asbury Automotive from Equal-Weight to Overweight and set a new price target of $277.00
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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 |
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
33 new vehicle dealerships in Northeastern US representing 52 new vehicle franchises Leading market share in Massachusetts Expected to generate significant value for shareholders Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company"), one of the largest automotive retail and service companies in the U.S., has completed the acquisition of The Herb Chambers Companies (HCC), the sixteenth largest by revenue privately-owned dealership group in the country. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250721235338/en/ "We're thrilled to complete the acquisition of The Herb Chambers Companies' assets and operations," said Da
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 second quarter financial results before the market opens on Tuesday, July 29, 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) 40
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10-Q - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Filer)
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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)
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 $4.4 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
33 new vehicle dealerships in Northeastern US representing 52 new vehicle franchises Leading market share in Massachusetts Expected to generate significant value for shareholders Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company"), one of the largest automotive retail and service companies in the U.S., has completed the acquisition of The Herb Chambers Companies (HCC), the sixteenth largest by revenue privately-owned dealership group in the country. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250721235338/en/ "We're thrilled to complete the acquisition of The Herb Chambers Companies' assets and operations," said Da
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 second quarter financial results before the market opens on Tuesday, July 29, 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) 40
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