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
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 '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 2 | 2 | 2 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 4 | 5 |
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 | Sell → Hold Upgrades $190 → $240 | Sell → 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 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.8% | 17.1% | 16.5% | ||
| Avg | 17.1% | 4.0% | 2.4% | ||
| Low | 11.8% | -5.2% | -8.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.