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
Target Low Average Median High
Price $165 $213.33 $230 $245
Change -29.41% -8.73% -1.60% +4.82%
* 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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000000
Buy 111111
Hold 000011
Sell 111111
Strong Sell 000000
Total 222233

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Craig-Hallum
Craig-Hallum
Hold
Downgrades
$230
Hold Downgrades $230 -1.60% Feb 9, 2024
JP Morgan
JP Morgan
Buy
Upgrades
$245
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
More Analyst Ratings

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%
Year 201920202021202220232024202520262027
Revenue
7.21B7.13B9.84B15.43B14.80B17.77B18.71B21.36B40.24B
Revenue Growth
4.89%-1.09%37.94%56.88%-4.09%20.06%5.28%14.16%88.40%
EPS
9.5513.1826.4944.6128.7431.9533.4137.5072.94
EPS Growth
15.34%38.01%100.99%68.40%-35.57%11.17%4.58%12.22%94.53%
No. Analysts -----10932
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
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 2024202520262027
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 2024202520262027
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 2024202520262027
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.