Asbury Automotive Group, Inc. (ABG)
NYSE: ABG · Real-Time Price · USD
263.73
-1.30 (-0.49%)
Dec 3, 2024, 12:12 PM EST - Market open
Asbury Automotive Group Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for ABG stock have an average target of 256.2, with a low estimate of 216 and a high estimate of 305. The average target predicts a decrease of -2.85% from the current stock price of 263.73.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for ABG stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 4 | 4 | 5 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 4 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Seaport Global | Seaport Global | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 12, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $265 → $260 | Hold | Maintains | $265 → $260 | -1.41% | Nov 5, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $240 → $260 | Hold | Maintains | $240 → $260 | -1.41% | Oct 30, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $310 → $305 | Strong Buy | Maintains | $310 → $305 | +15.65% | Oct 14, 2024 |
| Morgan Stanley | Morgan Stanley | Sell → Hold Upgrades $190 → $240 | Sell → Hold | Upgrades | $190 → $240 | -9.00% | Sep 25, 2024 |
Financial Forecast
Revenue This Year
16.99B
from 14.80B
Increased by 14.78%
Revenue Next Year
17.64B
from 16.99B
Increased by 3.84%
EPS This Year
26.26
from 28.74
Decreased by -8.61%
EPS Next Year
27.58
from 26.26
Increased by 5.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.1B | 19.6B | 21.0B | ||
| Avg | 17.0B | 17.6B | 18.0B | ||
| Low | 16.2B | 16.2B | 16.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.2% | 15.3% | 19.1% | ||
| Avg | 14.8% | 3.8% | 2.1% | ||
| Low | 9.8% | -4.7% | -8.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.57 | 31.23 | 41.33 | ||
| Avg | 26.26 | 27.58 | 31.80 | ||
| Low | 25.25 | 24.13 | 25.67 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -4.1% | 18.9% | 49.9% | ||
| Avg | -8.6% | 5.0% | 15.3% | ||
| Low | -12.1% | -8.1% | -6.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.