Asbury Automotive Group (NYSE:ABG) Reaches New 12-Month Low – Here’s What Happened

Posted by Brenda Bartman on Oct 2nd, 2026

Asbury Automotive Group, Inc. (NYSE:ABG – Get Free Report) shares reached a new 52-week low on Wednesday. The stock traded as low as $171.47 and last traded at $171.41, with a volume of 35109 shares trading hands. The stock had previously closed at $173.95.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on ABG shares. Citigroup increased their price target on shares of Asbury Automotive Group from $212.00 to $250.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Asbury Automotive Group in a research report on Friday, July 24th. Morgan Stanley lifted their target price on Asbury Automotive Group from $220.00 to $230.00 and gave the company an “equal weight” rating in a research note on Friday, August 7th. Barclays boosted their target price on Asbury Automotive Group from $225.00 to $265.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 29th. Finally, UBS Group set a $250.00 price target on Asbury Automotive Group in a research note on Wednesday, July 29th. Two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Asbury Automotive Group presently has a consensus rating of “Hold” and a consensus target price of $237.83.

Check Out Our Latest Analysis on Asbury Automotive Group

Asbury Automotive Group Price Performance

The firm has a market capitalization of $3.20 billion, a price-to-earnings ratio of 6.66, a price-to-earnings-growth ratio of 0.66 and a beta of 0.78. The company has a quick ratio of 0.29, a current ratio of 0.91 and a debt-to-equity ratio of 0.77. The company’s fifty day moving average is $207.96 and its two-hundred day moving average is $202.21.

Asbury Automotive Group (NYSE:ABG – Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $6.82 EPS for the quarter, beating the consensus estimate of $6.31 by $0.51. Asbury Automotive Group had a net margin of 2.83% and a return on equity of 12.72%. The company had revenue of $4.38 billion during the quarter, compared to analysts’ expectations of $4.49 billion. During the same quarter in the previous year, the company posted $7.43 EPS. The business’s revenue for the quarter was up .3% compared to the same quarter last year. Equities research analysts anticipate that Asbury Automotive Group, Inc. will post 26.44 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Asbury Automotive Group news, SVP Jed Milstein sold 948 shares of the stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $250.28, for a total value of $237,265.44. Following the transaction, the senior vice president owned 11,259 shares of the company’s stock, valued at approximately $2,817,902.52. This represents a 7.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.75% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ABG. Versant Capital Management Inc increased its holdings in shares of Asbury Automotive Group by 42.4% in the third quarter. Versant Capital Management Inc now owns 534 shares of the company’s stock worth $92,000 after acquiring an additional 159 shares in the last quarter. Cim Investment Management Inc. lifted its holdings in shares of Asbury Automotive Group by 7.3% during the 2nd quarter. Cim Investment Management Inc. now owns 1,167 shares of the company’s stock valued at $235,000 after purchasing an additional 79 shares in the last quarter. Engineers Gate Manager LP grew its position in shares of Asbury Automotive Group by 1,067.2% in the 2nd quarter. Engineers Gate Manager LP now owns 14,217 shares of the company’s stock valued at $2,859,000 after purchasing an additional 12,999 shares during the period. GoodHaven Capital Management LLC grew its position in shares of Asbury Automotive Group by 29.0% in the 2nd quarter. GoodHaven Capital Management LLC now owns 56,450 shares of the company’s stock valued at $11,351,000 after purchasing an additional 12,689 shares during the period. Finally, Allworth Financial LP increased its stake in Asbury Automotive Group by 263.3% during the 2nd quarter. Allworth Financial LP now owns 178 shares of the company’s stock worth $36,000 after purchasing an additional 129 shares in the last quarter.

About Asbury Automotive Group

(Get Free Report)

Asbury Automotive Group, Inc is a U.S.-based automotive retailer that operates franchised dealerships representing a range of domestic and international vehicle manufacturers. The company sells new and used cars, trucks and sport utility vehicles, and provides related financing and insurance products.

In addition to vehicle sales, Asbury’s dealerships offer automotive maintenance and repair, replacement parts, collision repair and other after-sales services. The company also operates Clicklane, a digital retail platform designed to support online vehicle purchasing, financing and trade-ins.

Headquartered in Duluth, Georgia, Asbury serves customers through dealership locations across multiple U.S.