Asbury Automotive Group, Inc. (ABG)
NYSE: ABG · IEX Real-Time Price · USD
233.73
+8.19 (3.63%)
At close: Mar 27, 2024, 4:00 PM
234.21
+0.48 (0.21%)
After-hours: Mar 27, 2024, 7:06 PM EDT
Asbury Automotive Group Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for ABG stock have an average target of 213.33, with a low estimate of 165 and a high estimate of 245. The average target predicts a decrease of -8.73% from the current stock price of 233.73.
Analyst Consensus: Hold
* Price targets were last updated on Feb 9, 2024.
Analyst Ratings
The average analyst rating for ABG stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Hold | 0 | 0 | 0 | 0 | 1 | 1 |
Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 2 | 2 | 2 | 2 | 3 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades $230 | Strong Buy → Hold | Downgrades | $230 | -1.60% | Feb 9, 2024 |
JP Morgan | JP Morgan | Hold → Buy Upgrades $245 | Hold → Buy | Upgrades | $245 | +4.82% | Oct 31, 2023 |
JP Morgan | JP Morgan | Hold Maintains $245 → $250 | Hold | Maintains | $245 → $250 | +6.96% | Oct 12, 2023 |
Morgan Stanley | Morgan Stanley | Sell Maintains $128 → $165 | Sell | Maintains | $128 → $165 | -29.41% | Aug 9, 2023 |
Morgan Stanley | Morgan Stanley | Sell Maintains $135 → $128 | Sell | Maintains | $135 → $128 | -45.24% | Jan 17, 2023 |
Financial Forecast
Revenue This Year
17.77B
from 14.80B
Increased by 20.06%
Revenue Next Year
18.71B
from 17.77B
Increased by 5.28%
EPS This Year
31.95
from 28.74
Increased by 11.17%
EPS Next Year
33.41
from 31.95
Increased by 4.58%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 19.0B | 20.7B | 25.1B | 41.8B |
Avg | 17.8B | 18.7B | 21.4B | 40.2B |
Low | 16.7B | 16.9B | 18.1B | 39.0B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 28.4% | 16.2% | 33.9% | 95.9% |
Avg | 20.1% | 5.3% | 14.2% | 88.4% |
Low | 12.6% | -5.2% | -3.4% | 82.8% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 34.61 | 40.18 | 44.14 | 75.83 |
Avg | 31.95 | 33.41 | 37.50 | 72.94 |
Low | 29.65 | 30.63 | 31.57 | 70.78 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 20.4% | 25.8% | 32.1% | 102.2% |
Avg | 11.2% | 4.6% | 12.2% | 94.5% |
Low | 3.1% | -4.2% | -5.5% | 88.8% |
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.