Asbury Automotive Group, Inc. (ABG)
NYSE: ABG · Real-Time Price · USD
231.42
+5.84 (2.59%)
Oct 29, 2024, 4:00 PM EDT - Market closed

Asbury Automotive Group Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for ABG stock have an average target of 251.2, with a low estimate of 216 and a high estimate of 305. The average target predicts an increase of 8.55% from the current stock price of 231.42.

Analyst Consensus: Hold
Target Low Average Median High
Price $216 $251.2 $240 $305
Change -6.66% +8.55% +3.71% +31.80%

Analyst Ratings

The average analyst rating for ABG stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 000001
Buy 100000
Hold 122244
Sell 111100
Strong Sell 000000
Total 333345

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B of A Securities
B of A Securities
Strong Buy
Maintains
$310$305
Strong Buy Maintains $310$305 +31.80% Oct 14, 2024
Morgan Stanley
Morgan Stanley
Hold
Upgrades
$190$240
Hold Upgrades $190$240 +3.71% Sep 25, 2024
Stephens & Co.
Stephens & Co.
Hold
Initiates
$216
Hold Initiates $216 -6.66% Sep 12, 2024
JP Morgan
JP Morgan
Hold
Maintains
$230$265
Hold Maintains $230$265 +14.51% Sep 10, 2024
Morgan Stanley
Morgan Stanley
Sell
Maintains
$185$190
Sell Maintains $185$190 -17.90% Aug 14, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
17.34B
from 14.80B
Increased by 17.15%
Revenue Next Year
18.03B
from 17.34B
Increased by 3.96%
EPS This Year
27.45
from 28.74
Decreased by -4.48%
EPS Next Year
29.96
from 27.45
Increased by 9.15%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
7.21B7.13B9.84B15.43B14.80B17.34B18.03B18.46B
Revenue Growth
4.89%-1.09%37.94%56.89%-4.09%17.15%3.96%2.40%
EPS
9.5513.1826.4944.6128.7427.4529.9635.61
EPS Growth
15.34%38.01%100.99%68.40%-35.57%-4.48%9.15%18.85%
Forward PE
-----8.437.726.50
No. Analysts -----10103
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 18.3B 20.3B 21.0B
Avg 17.3B 18.0B 18.5B
Low 16.5B 16.4B 16.5B

Revenue Growth

Revenue Growth 20242025202620272028
High
23.8%
17.1%
16.5%
Avg
17.1%
4.0%
2.4%
Low
11.8%
-5.2%
-8.4%

EPS Forecast

EPS 20242025202620272028
High 29.65 33.53 41.30
Avg 27.45 29.96 35.61
Low 25.99 27.69 30.57

EPS Growth

EPS Growth 20242025202620272028
High
3.2%
22.1%
37.8%
Avg
-4.5%
9.1%
18.9%
Low
-9.6%
0.8%
2.0%
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.