Asbury Automotive Group, Inc. (ABG)
NYSE: ABG · IEX Real-Time Price · USD
239.69
-1.44 (-0.60%)
May 20, 2024, 1:06 PM EDT - Market open
Asbury Automotive Group Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for ABG stock have an average target of 208.33, with a low estimate of 165 and a high estimate of 230. The average target predicts a decrease of -13.08% from the current stock price of 239.69.
Analyst Consensus: Hold
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $235 → $230 | Buy | Maintains | $235 → $230 | -4.04% | May 2, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades $230 | Strong Buy → Hold | Downgrades | $230 | -4.04% | Feb 9, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $245 | Hold → Buy | Upgrades | $245 | +2.22% | Oct 31, 2023 |
| JP Morgan | JP Morgan | Hold Maintains $245 → $250 | Hold | Maintains | $245 → $250 | +4.30% | Oct 12, 2023 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $128 → $165 | Sell | Maintains | $128 → $165 | -31.16% | Aug 9, 2023 |
Financial Forecast
Revenue This Year
17.79B
from 14.80B
Increased by 20.17%
Revenue Next Year
18.54B
from 17.79B
Increased by 4.20%
EPS This Year
31.94
from 28.74
Increased by 11.14%
EPS Next Year
32.64
from 31.94
Increased by 2.19%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.7B | 20.7B | 21.7B | 24.5B | 26.3B |
| Avg | 17.8B | 18.5B | 19.7B | 23.6B | 25.3B |
| Low | 17.0B | 16.9B | 18.1B | 22.9B | 24.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.3% | 16.1% | 17.0% | 24.3% | 11.4% |
| Avg | 20.2% | 4.2% | 6.5% | 19.6% | 7.1% |
| Low | 14.7% | -5.3% | -2.5% | 16.0% | 3.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 34.59 | 36.78 | 46.24 | 51.17 | 53.61 |
| Avg | 31.94 | 32.64 | 38.48 | 49.22 | 51.57 |
| Low | 29.65 | 29.63 | 31.51 | 47.76 | 50.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.3% | 15.2% | 41.7% | 33.0% | 8.9% |
| Avg | 11.1% | 2.2% | 17.9% | 27.9% | 4.8% |
| Low | 3.1% | -7.3% | -3.5% | 24.1% | 1.7% |
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.