Asbury Automotive Group, Inc. (ABG)
NYSE: ABG · IEX Real-Time Price · USD
224.97
-2.51 (-1.10%)
Dec 29, 2023, 4:00 PM EST - Market closed
Asbury Automotive Group Stock Forecast
Stock Price Forecast
According to 2 stock analysts, the average 12-month stock price forecast for ABG stock stock is $205, which predicts a decrease of -8.88%. The lowest target is $165 and the highest is $245. On average, analysts rate ABG stock stock as a hold.
Analyst Consensus: Hold
* Price targets were last updated on Oct 31, 2023.
Analyst Ratings
The average analyst rating for ABG stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 0 | 0 | 0 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold → Buy Upgrades $245 | Hold → Buy | Upgrades | $245 | +8.90% | Oct 31, 2023 |
| JP Morgan | JP Morgan | Hold Maintains $245 → $250 | Hold | Maintains | $245 → $250 | +11.13% | Oct 12, 2023 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $128 → $165 | Sell | Maintains | $128 → $165 | -26.66% | Aug 9, 2023 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $135 → $128 | Sell | Maintains | $135 → $128 | -43.10% | Jan 17, 2023 |
| JP Morgan | JP Morgan | Hold Maintains $205 → $185 | Hold | Maintains | $205 → $185 | -17.77% | Oct 6, 2022 |
Financial Forecast
Revenue This Year
14.80B
from 15.43B
Decreased by -4.09%
Revenue Next Year
16.82B
from 14.80B
Increased by 13.63%
EPS This Year
33.41
from 44.61
Decreased by -25.11%
EPS Next Year
32.03
from 33.41
Decreased by -4.12%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 15.7B | 19.4B | 18.0B | 40.1B | 41.8B |
| Avg | 14.8B | 16.8B | 16.2B | 38.6B | 40.2B |
| Low | 14.1B | 14.3B | 14.7B | 37.4B | 39.0B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 1.9% | 31.3% | 7.1% | 147.1% | 8.5% |
| Avg | -4.1% | 13.6% | -3.5% | 137.6% | 4.4% |
| Low | -8.7% | -3.1% | -12.8% | 130.6% | 1.3% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 35.06 | 36.44 | 65.17 | 77.07 | 75.83 |
| Avg | 33.41 | 32.03 | 41.64 | 74.13 | 72.94 |
| Low | 32.14 | 28.75 | 28.88 | 71.93 | 70.78 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | -21.4% | 9.1% | 103.5% | 85.1% | 2.3% |
| Avg | -25.1% | -4.1% | 30.0% | 78.0% | -1.6% |
| Low | -27.9% | -13.9% | -9.8% | 72.7% | -4.5% |
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.