Asbury Automotive Group (ABG) Stock Forecast, Price Target & Predictions
ABG Stock Forecast
Asbury Automotive Group stock forecast is as follows: an average price target of $230.20 (represents a -8.09% downside from ABG’s last price of $250.47) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.
ABG Price Target
The average price target for Asbury Automotive Group (ABG) is $230.20 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $260.00 to $205.00. This represents a potential -8.09% downside from ABG's last price of $250.47.
ABG Analyst Ratings
According to 4 Wall Street analysts, Asbury Automotive Group's rating consensus is 'Hold'. The analyst rating breakdown for ABG stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 4 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Asbury Automotive Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 30, 2024 | Ryan Sigdahl | Craig-Hallum | $260.00 | $233.03 | 11.57% | 3.80% |
| Oct 29, 2024 | Garrett Nelson | CFRA | $230.00 | $230.79 | -0.34% | -8.17% |
| Sep 25, 2024 | Adam Jonas | Morgan Stanley | $240.00 | $230.24 | 4.24% | -4.18% |
| Sep 11, 2024 | Jeff Lick | Stephens | $216.00 | $214.52 | 0.69% | -13.76% |
| Feb 08, 2024 | Garrett Nelson | CFRA | $250.00 | $206.79 | 20.90% | -0.19% |
| Aug 01, 2022 | - | J.P. Morgan | $205.00 | $182.26 | 12.47% | -18.15% |
| Jul 29, 2022 | - | Morgan Stanley | $135.00 | $171.96 | -21.49% | -46.10% |
| Jul 14, 2022 | - | Morgan Stanley | $130.00 | $161.50 | -19.50% | -48.10% |
The latest Asbury Automotive Group stock forecast, released on Oct 30, 2024 by Ryan Sigdahl from Craig-Hallum, set a price target of $260.00, which represents a 11.57% increase from the stock price at the time of the forecast ($233.03), and a 3.80% increase from ABG last price ($250.47).
Asbury Automotive Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 4 | 5 |
| Avg Price Target | $245.00 | $236.50 | $239.20 |
| Last Closing Price | $250.47 | $250.47 | $250.47 |
| Upside/Downside | -2.18% | -5.58% | -4.50% |
In the current month, the average price target of Asbury Automotive Group stock is $245.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a -2.18% decrease as opposed to Asbury Automotive Group's last price of $250.47. This month's average price target is up 3.59% compared to last quarter, and up 2.42% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 30, 2024 | Craig-Hallum | Hold | Hold | Hold |
| Oct 29, 2024 | CFRA | Hold | Hold | Hold |
| Sep 25, 2024 | Morgan Stanley | Underweight | Equal-Weight | Upgrade |
| Sep 11, 2024 | Stephens | - | Equal-Weight | Initialise |
| Feb 08, 2024 | CFRA | - | Buy | Upgrade |
| Jul 14, 2022 | Morgan Stanley | Underweight | Underweight | Hold |
Asbury Automotive Group's last stock rating was published by Craig-Hallum on Oct 30, 2024. The company gave ABG a "Hold" rating, the same as its previous rate.
Asbury Automotive Group Financial Forecast
Asbury Automotive Group Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $3.81B | $3.67B | $3.74B | $3.58B | $3.71B | $3.87B | $3.95B | $3.91B | $2.65B | $2.41B | $2.58B | $2.19B | $2.23B | $1.85B | $1.45B | $1.61B | $1.89B | $1.84B |
| Avg Forecast | $4.08B | $4.22B | $4.18B | $4.09B | $4.27B | $4.36B | $4.42B | $4.29B | $4.18B | $4.30B | $4.31B | $4.26B | $3.68B | $3.74B | $3.80B | $3.79B | $3.86B | $3.95B | $3.90B | $3.91B | $2.54B | $2.27B | $2.36B | $2.06B | $2.18B | $1.89B | $1.43B | $1.60B | $1.88B | $1.84B |
| High Forecast | $4.21B | $4.35B | $4.32B | $4.22B | $4.41B | $4.50B | $4.56B | $4.42B | $4.30B | $4.34B | $4.31B | $4.26B | $3.80B | $3.91B | $3.92B | $3.91B | $3.98B | $3.95B | $3.90B | $3.91B | $2.54B | $2.27B | $2.36B | $2.06B | $2.18B | $1.89B | $1.43B | $1.60B | $1.88B | $1.84B |
| Low Forecast | $3.92B | $4.05B | $4.02B | $3.93B | $4.11B | $4.19B | $4.25B | $4.16B | $4.01B | $4.26B | $4.31B | $4.26B | $3.48B | $3.52B | $3.65B | $3.64B | $3.71B | $3.95B | $3.90B | $3.91B | $2.54B | $2.27B | $2.36B | $2.06B | $2.18B | $1.89B | $1.43B | $1.60B | $1.88B | $1.84B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 | 6 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.98% | 0.99% | 0.95% | 0.96% | 0.98% | 1.01% | 1.00% | 1.05% | 1.06% | 1.09% | 1.06% | 1.02% | 0.98% | 1.01% | 1.00% | 1.01% | 1.00% |
Asbury Automotive Group's average Quarter revenue forecast for Mar 24 based on 2 analysts is $4.26B, with a low forecast of $4.26B, and a high forecast of $4.26B. ABG's average Quarter revenue forecast represents a 11.87% increase compared to the company's last Quarter revenue of $3.81B (Dec 23).
Asbury Automotive Group EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 | 6 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $259.00M | $281.70M | $304.50M | $293.10M | $318.10M | $330.70M | $353.60M | $339.20M | $247.40M | $219.70M | $228.50M | $146.10M | $147.90M | $153.60M | $91.90M | $57.60M | $88.60M | $91.30M |
| Avg Forecast | $291.39M | $301.38M | $299.02M | $292.25M | $305.46M | $311.45M | $315.79M | $306.72M | $299.12M | $307.50M | $308.20M | $433.85M | $263.39M | $267.52M | $271.46M | $394.41M | $197.12M | $284.87M | $281.19M | $358.56M | $182.80M | $163.88M | $170.34M | $103.84M | $157.17M | $136.29M | $102.81M | $58.46M | $135.59M | $132.42M |
| High Forecast | $300.74M | $311.04M | $308.61M | $301.62M | $315.26M | $321.43M | $325.92M | $315.95M | $307.67M | $310.40M | $308.20M | $520.63M | $271.77M | $279.64M | $280.17M | $473.30M | $236.54M | $284.87M | $281.19M | $430.27M | $182.80M | $163.88M | $170.34M | $124.61M | $157.17M | $136.29M | $102.81M | $70.16M | $135.59M | $132.42M |
| Low Forecast | $280.19M | $289.79M | $287.53M | $281.02M | $293.72M | $299.47M | $303.65M | $297.49M | $287.02M | $304.60M | $308.20M | $347.08M | $248.71M | $251.96M | $261.03M | $315.53M | $157.69M | $284.87M | $281.19M | $286.85M | $182.80M | $163.88M | $170.34M | $83.07M | $157.17M | $136.29M | $102.81M | $46.77M | $135.59M | $132.42M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.05% | 1.12% | 0.74% | 1.61% | 1.16% | 1.26% | 0.95% | 1.35% | 1.34% | 1.34% | 1.41% | 0.94% | 1.13% | 0.89% | 0.99% | 0.65% | 0.69% |
2 analysts predict ABG's average Quarter EBITDA for Mar 24 to be $433.85M, with a high of $520.63M and a low of $347.08M. This is 67.51% upper than Asbury Automotive Group's previous annual EBITDA (Dec 23) of $259.00M.
Asbury Automotive Group Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 | 6 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $55.50M | $169.20M | $196.40M | $181.40M | $353.20M | $205.00M | $201.40M | $237.70M | $140.50M | $147.00M | $152.10M | $92.80M | $89.10M | $96.20M | $49.60M | $19.50M | $43.60M | $45.00M |
| Avg Forecast | $124.34M | $135.04M | $126.52M | $132.66M | $126.87M | $132.12M | $136.17M | $137.16M | $120.32M | $130.20M | $146.61M | $277.00M | $149.69M | $166.39M | $163.14M | $251.82M | $112.35M | $185.90M | $178.20M | $228.93M | $123.68M | $128.42M | $102.74M | $65.96M | $83.47M | $79.57M | $50.31M | $17.98M | $47.32M | $46.89M |
| High Forecast | $129.53M | $140.67M | $131.80M | $138.19M | $132.16M | $137.62M | $141.85M | $145.73M | $122.09M | $134.50M | $146.61M | $332.40M | $156.65M | $169.55M | $169.94M | $302.18M | $134.82M | $185.90M | $178.20M | $274.71M | $123.68M | $128.42M | $102.74M | $79.15M | $83.47M | $79.57M | $50.31M | $21.58M | $47.32M | $46.89M |
| Low Forecast | $118.13M | $128.29M | $120.20M | $126.03M | $120.53M | $125.51M | $129.37M | $128.41M | $118.54M | $125.90M | $146.61M | $221.60M | $143.12M | $161.07M | $154.99M | $201.45M | $89.88M | $185.90M | $178.20M | $183.14M | $123.68M | $128.42M | $102.74M | $52.77M | $83.47M | $79.57M | $50.31M | $14.39M | $47.32M | $46.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.37% | 1.02% | 1.20% | 0.72% | 3.14% | 1.10% | 1.13% | 1.04% | 1.14% | 1.14% | 1.48% | 1.41% | 1.07% | 1.21% | 0.99% | 1.08% | 0.92% | 0.96% |
Asbury Automotive Group's average Quarter net income forecast for Mar 24 is $277.00M, with a range of $221.60M to $332.40M. ABG's average Quarter net income forecast represents a 399.10% increase compared to the company's last Quarter net income of $55.50M (Dec 23).
Asbury Automotive Group SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 | 6 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $414.00M | $391.70M | $408.60M | $403.00M | $421.40M | $438.20M | $448.30M | $455.50M | $295.70M | $268.70M | $269.70M | $239.80M | $228.50M | $206.50M | $152.20M | $194.70M | $206.10M | $202.00M |
| Avg Forecast | $450.98M | $466.44M | $462.79M | $452.31M | $472.75M | $482.02M | $488.74M | $474.71M | $462.95M | $475.91M | $477.00M | $530.81M | $407.63M | $414.04M | $420.13M | $482.55M | $236.46M | $437.46M | $431.80M | $438.69M | $280.71M | $251.66M | $261.58M | $170.44M | $241.35M | $209.29M | $157.88M | $179.54M | $208.21M | $203.35M |
| High Forecast | $465.44M | $481.39M | $477.63M | $466.81M | $487.91M | $497.47M | $504.42M | $488.99M | $476.17M | $480.39M | $477.00M | $636.97M | $420.61M | $432.79M | $433.61M | $579.07M | $283.75M | $437.46M | $431.80M | $526.42M | $280.71M | $251.66M | $261.58M | $204.52M | $241.35M | $209.29M | $157.88M | $215.45M | $208.21M | $203.35M |
| Low Forecast | $433.64M | $448.51M | $445.00M | $434.92M | $454.58M | $463.49M | $469.95M | $460.42M | $444.21M | $471.42M | $477.00M | $424.65M | $384.93M | $389.96M | $403.98M | $386.04M | $189.17M | $437.46M | $431.80M | $350.95M | $280.71M | $251.66M | $261.58M | $136.35M | $241.35M | $209.29M | $157.88M | $143.63M | $208.21M | $203.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 0.95% | 0.97% | 0.84% | 1.78% | 1.00% | 1.04% | 1.04% | 1.05% | 1.07% | 1.03% | 1.41% | 0.95% | 0.99% | 0.96% | 1.08% | 0.99% | 0.99% |
Asbury Automotive Group's average Quarter SG&A projection for Mar 24 is $530.81M, based on 2 Wall Street analysts, with a range of $424.65M to $636.97M. The forecast indicates a 28.22% rise compared to ABG last annual SG&A of $414.00M (Dec 23).
Asbury Automotive Group EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 | 6 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $2.71 | $8.22 | $9.37 | $8.42 | $16.02 | $9.26 | $9.11 | $10.43 | $6.47 | $7.62 | $7.88 | $4.81 | $4.64 | $5.01 | $2.58 | $1.02 | $2.28 | $2.36 |
| Avg Forecast | $6.28 | $6.82 | $6.39 | $6.70 | $6.41 | $6.67 | $6.88 | $6.93 | $6.08 | $6.58 | $7.40 | $7.76 | $7.56 | $8.40 | $8.24 | $7.99 | $8.21 | $9.20 | $8.82 | $8.94 | $6.12 | $6.36 | $5.09 | $3.67 | $4.13 | $3.94 | $2.49 | $1.67 | $2.34 | $2.32 |
| High Forecast | $6.54 | $7.10 | $6.66 | $6.98 | $6.67 | $6.95 | $7.16 | $7.36 | $6.17 | $6.79 | $7.40 | $7.76 | $7.91 | $8.56 | $8.58 | $8.33 | $8.56 | $9.20 | $8.82 | $8.94 | $6.12 | $6.36 | $5.09 | $3.67 | $4.13 | $3.94 | $2.49 | $1.67 | $2.34 | $2.32 |
| Low Forecast | $5.97 | $6.48 | $6.07 | $6.37 | $6.09 | $6.34 | $6.53 | $6.49 | $5.99 | $6.36 | $7.40 | $7.76 | $7.23 | $8.13 | $7.83 | $7.59 | $7.80 | $9.20 | $8.82 | $8.94 | $6.12 | $6.36 | $5.09 | $3.67 | $4.13 | $3.94 | $2.49 | $1.67 | $2.34 | $2.32 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.36% | 0.98% | 1.14% | 1.05% | 1.95% | 1.01% | 1.03% | 1.17% | 1.06% | 1.20% | 1.55% | 1.31% | 1.12% | 1.27% | 1.04% | 0.61% | 0.97% | 1.02% |
According to 2 Wall Street analysts, Asbury Automotive Group's projected average Quarter EPS for Mar 24 is $7.76, with a low estimate of $7.76 and a high estimate of $7.76. This represents a 186.43% increase compared to ABG previous annual EPS of $2.71 (Dec 23).
Asbury Automotive Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AN | AutoNation | $164.83 | $193.00 | 17.09% | Buy |
| SAH | Sonic Automotive | $62.57 | $61.00 | -2.51% | Hold |
| PAG | Penske Automotive Group | $159.22 | $152.50 | -4.22% | Buy |
| ABG | Asbury Automotive Group | $250.47 | $230.20 | -8.09% | Hold |
| LAD | Lithia Motors | $370.65 | $339.75 | -8.34% | Buy |
| GPI | Group 1 Automotive | $401.25 | $367.50 | -8.41% | Buy |