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 $201.50 (represents a -9.11% downside from ABG’s last price of $221.70) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
ABG Price Target
The average price target for Asbury Automotive Group (ABG) is $201.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $250.00 to $135.00. This represents a potential -9.11% downside from ABG's last price of $221.70.
ABG Analyst Ratings
According to 3 Wall Street analysts, Asbury Automotive Group's rating consensus is 'Buy'. The analyst rating breakdown for ABG stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 1 'Hold' (33.33%), 1 'Sell' (33.33%), 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 |
|---|---|---|---|---|---|---|
| Sep 11, 2024 | Jeff Lick | Stephens | $216.00 | $214.52 | 0.69% | -2.57% |
| Feb 08, 2024 | Garrett Nelson | CFRA | $250.00 | $206.79 | 20.90% | 12.76% |
| Aug 01, 2022 | - | J.P. Morgan | $205.00 | $182.26 | 12.47% | -7.53% |
| Jul 29, 2022 | - | Morgan Stanley | $135.00 | $171.96 | -21.49% | -39.11% |
| Jul 14, 2022 | - | Morgan Stanley | $130.00 | $161.50 | -19.50% | -41.36% |
The latest Asbury Automotive Group stock forecast, released on Sep 11, 2024 by Jeff Lick from Stephens, set a price target of $216.00, which represents a 0.69% increase from the stock price at the time of the forecast ($214.52), and a -2.57% decrease from ABG last price ($221.70).
Asbury Automotive Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $216.00 | $216.00 | $233.00 |
| Last Closing Price | $221.70 | $221.70 | $221.70 |
| Upside/Downside | -2.57% | -2.57% | 5.10% |
In the current month, the average price target of Asbury Automotive Group stock is $216.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -2.57% decrease as opposed to Asbury Automotive Group's last price of $221.70. This month's average price target is down 0.00% compared to last quarter, and down -7.30% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 Stephens on Sep 11, 2024. The company Initialise its ABG rating from "null" to "Equal-Weight".
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 | Jul 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 | - | $3.91B | $2.65B | $2.41B | $2.58B | $2.19B | $2.23B | $1.85B | $1.45B | $1.61B | $1.89B | $1.84B |
| Avg Forecast | $4.25B | $4.25B | $4.23B | $4.13B | $4.47B | $4.48B | $4.48B | $4.32B | $4.36B | $4.35B | $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 | $4.41B | $4.41B | $4.39B | $4.29B | $4.64B | $4.65B | $4.65B | $4.49B | $4.53B | $4.48B | $4.48B | $4.43B | $3.80B | $3.91B | $3.94B | $3.93B | $4.00B | $4.11B | $3.90B | $3.95B | $2.56B | $2.30B | $2.39B | $2.08B | $2.20B | $1.91B | $1.44B | $1.62B | $1.90B | $1.86B |
| Low Forecast | $4.11B | $4.11B | $4.09B | $4.00B | $4.33B | $4.34B | $4.34B | $4.19B | $4.23B | $4.26B | $4.18B | $4.13B | $3.48B | $3.52B | $3.68B | $3.67B | $3.74B | $3.83B | $3.90B | $3.87B | $2.51B | $2.25B | $2.34B | $2.04B | $2.16B | $1.87B | $1.41B | $1.58B | $1.86B | $1.82B |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.98% | 0.99% | 0.95% | 0.96% | 0.98% | - | 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 $4.13B, and a high forecast of $4.43B. 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $259.00M | $281.70M | $304.50M | $293.10M | $318.10M | $330.70M | - | $339.20M | $247.40M | $219.70M | $228.50M | $146.10M | $147.90M | $153.60M | $91.90M | $57.60M | $88.60M | $91.30M |
| Avg Forecast | $305.92M | $305.96M | $304.57M | $297.35M | $321.79M | $322.86M | $322.83M | $311.52M | $314.36M | $313.68M | $310.62M | $433.85M | $265.45M | $269.62M | $273.59M | $394.41M | $277.87M | $240.18M | $281.19M | $358.56M | $179.20M | $189.86M | $133.74M | $103.84M | $136.80M | $146.92M | $90.79M | $58.46M | $86.92M | $96.68M |
| High Forecast | $317.68M | $317.72M | $316.27M | $308.78M | $334.16M | $335.27M | $335.24M | $323.49M | $326.44M | $322.97M | $322.56M | $520.63M | $273.90M | $281.84M | $284.11M | $473.30M | $288.56M | $288.21M | $281.19M | $430.27M | $215.04M | $227.84M | $160.48M | $124.61M | $164.16M | $176.31M | $108.95M | $70.16M | $104.30M | $116.02M |
| Low Forecast | $296.31M | $296.35M | $295.00M | $288.01M | $311.69M | $312.72M | $312.69M | $301.73M | $304.48M | $307.25M | $300.86M | $347.08M | $250.67M | $253.94M | $265.00M | $315.53M | $269.15M | $192.14M | $281.19M | $286.85M | $143.36M | $151.89M | $106.99M | $83.07M | $109.44M | $117.54M | $72.63M | $46.77M | $69.54M | $77.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.04% | 1.11% | 0.74% | 1.14% | 1.38% | - | 0.95% | 1.38% | 1.16% | 1.71% | 1.41% | 1.08% | 1.05% | 1.01% | 0.99% | 1.02% | 0.94% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $55.50M | $169.20M | $196.40M | $181.40M | $353.20M | $205.00M | - | $237.70M | $140.50M | $147.00M | $152.10M | $92.80M | $89.10M | $96.20M | $49.60M | $19.50M | $43.60M | $45.00M |
| Avg Forecast | $131.70M | $143.42M | $129.08M | $133.32M | $143.12M | $148.72M | $146.10M | $143.32M | $131.69M | $135.80M | $149.57M | $277.00M | $152.71M | $169.75M | $166.44M | $251.82M | $165.90M | $160.70M | $179.96M | $228.93M | $102.14M | $127.04M | $89.02M | $65.96M | $82.41M | $92.02M | $49.00M | $17.98M | $40.06M | $44.81M |
| High Forecast | $138.28M | $150.59M | $135.53M | $139.98M | $150.27M | $156.15M | $153.40M | $150.48M | $138.27M | $141.41M | $157.05M | $332.40M | $159.82M | $172.97M | $174.75M | $302.18M | $174.19M | $192.84M | $179.96M | $274.71M | $122.57M | $152.44M | $106.83M | $79.15M | $98.89M | $110.42M | $58.80M | $21.58M | $48.07M | $53.77M |
| Low Forecast | $126.33M | $137.56M | $123.81M | $127.88M | $137.27M | $142.65M | $140.13M | $137.47M | $126.31M | $133.40M | $143.46M | $221.60M | $146.01M | $164.32M | $159.64M | $201.45M | $159.12M | $128.56M | $179.96M | $183.14M | $81.71M | $101.63M | $71.22M | $52.77M | $65.93M | $73.61M | $39.20M | $14.39M | $32.05M | $35.84M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.36% | 1.00% | 1.18% | 0.72% | 2.13% | 1.28% | - | 1.04% | 1.38% | 1.16% | 1.71% | 1.41% | 1.08% | 1.05% | 1.01% | 1.08% | 1.09% | 1.00% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $414.00M | $391.70M | $408.60M | $403.00M | $421.40M | $438.20M | - | $455.50M | $295.70M | $268.70M | $269.70M | $239.80M | $228.50M | $206.50M | $152.20M | $194.70M | $206.10M | $202.00M |
| Avg Forecast | $469.78M | $469.85M | $467.70M | $456.61M | $494.16M | $495.79M | $495.75M | $478.37M | $482.74M | $481.69M | $477.00M | $530.81M | $407.63M | $414.04M | $420.13M | $482.55M | $426.71M | $293.75M | $431.80M | $438.69M | $214.96M | $232.21M | $157.85M | $170.44M | $211.35M | $197.52M | $150.37M | $179.54M | $189.37M | $201.13M |
| High Forecast | $487.84M | $487.90M | $485.68M | $474.16M | $513.15M | $514.85M | $514.81M | $496.76M | $501.29M | $495.96M | $495.33M | $636.97M | $420.61M | $432.79M | $436.28M | $579.07M | $443.11M | $352.49M | $431.80M | $526.42M | $257.96M | $278.65M | $189.42M | $204.52M | $253.62M | $237.03M | $180.44M | $215.45M | $227.24M | $241.36M |
| Low Forecast | $455.02M | $455.09M | $453.01M | $442.27M | $478.63M | $480.22M | $480.18M | $463.34M | $467.57M | $471.82M | $462.01M | $424.65M | $384.93M | $389.96M | $406.94M | $386.04M | $413.31M | $235.00M | $431.80M | $350.95M | $171.97M | $185.77M | $126.28M | $136.35M | $169.08M | $158.02M | $120.29M | $143.63M | $151.49M | $160.90M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 0.95% | 0.97% | 0.84% | 0.99% | 1.49% | - | 1.04% | 1.38% | 1.16% | 1.71% | 1.41% | 1.08% | 1.05% | 1.01% | 1.08% | 1.09% | 1.00% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $2.71 | $8.22 | $9.37 | $8.42 | $16.02 | $9.26 | - | $10.43 | $6.47 | $7.62 | $7.88 | $4.81 | $4.64 | $5.01 | $2.58 | $1.02 | $2.28 | $2.36 |
| Avg Forecast | $6.52 | $7.10 | $6.39 | $6.60 | $7.08 | $7.36 | $7.23 | $7.09 | $6.52 | $6.72 | $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 | $6.85 | $7.45 | $6.71 | $6.93 | $7.44 | $7.73 | $7.59 | $7.45 | $6.85 | $7.00 | $7.77 | $8.15 | $7.91 | $8.56 | $8.65 | $8.39 | $8.62 | $9.66 | $8.82 | $9.05 | $6.20 | $6.44 | $5.15 | $3.71 | $4.18 | $3.99 | $2.52 | $1.69 | $2.37 | $2.35 |
| Low Forecast | $6.25 | $6.81 | $6.13 | $6.33 | $6.80 | $7.06 | $6.94 | $6.81 | $6.25 | $6.60 | $7.10 | $7.45 | $7.23 | $8.13 | $7.90 | $7.67 | $7.88 | $8.83 | $8.82 | $8.82 | $6.04 | $6.27 | $5.02 | $3.62 | $4.08 | $3.89 | $2.46 | $1.64 | $2.31 | $2.29 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.36% | 0.98% | 1.14% | 1.05% | 1.95% | 1.01% | - | 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 $7.45 and a high estimate of $8.15. 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 |
|---|---|---|---|---|---|
| SAH | Sonic Automotive | $55.96 | $64.00 | 14.37% | Buy |
| LAD | Lithia Motors | $279.51 | $313.20 | 12.05% | Buy |
| AN | AutoNation | $166.96 | $172.00 | 3.02% | Buy |
| ABG | Asbury Automotive Group | $221.70 | $201.50 | -9.11% | Buy |
| GPI | Group 1 Automotive | $364.39 | $305.00 | -16.30% | Buy |
| PAG | Penske Automotive Group | $152.21 | $109.00 | -28.39% | Sell |
ABG Forecast FAQ
Is Asbury Automotive Group a good buy?
Yes, according to 3 Wall Street analysts, Asbury Automotive Group (ABG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of ABG's total ratings.
What is ABG's price target?
Asbury Automotive Group (ABG) average price target is $201.5 with a range of $135 to $250, implying a -9.11% from its last price of $221.7. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Asbury Automotive Group stock go up soon?
According to Wall Street analysts' prediction for ABG stock, the company can go down by -9.11% (from the last price of $221.7 to the average price target of $201.5), up by 12.76% based on the highest stock price target, and down by -39.11% based on the lowest stock price target.
Can Asbury Automotive Group stock reach $300?
ABG's average twelve months analyst stock price target of $201.5 does not support the claim that Asbury Automotive Group can reach $300 in the near future.
What is Asbury Automotive Group's current price target trend?
1 Wall Street analyst forecast a $216 price target for Asbury Automotive Group (ABG) this month, down -2.57% from its last price of $221.7. Compared to the last 3 and 12 months, the average price target decreased by -2.57% and increased by 5.10%, respectively.
What are Asbury Automotive Group's analysts' financial forecasts?
Asbury Automotive Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $17.75B (high $18.43B, low $17.19B), average EBITDA is $1.28B (high $1.33B, low $1.24B), average net income is $581.26M (high $610.3M, low $557.52M), average SG&A $1.96B (high $2.04B, low $1.9B), and average EPS is $28.77 (high $30.21, low $27.6). ABG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $16.85B (high $17.49B, low $16.32B), average EBITDA is $1.21B (high $1.26B, low $1.18B), average net income is $537.52M (high $564.38M, low $515.57M), average SG&A $1.86B (high $1.94B, low $1.81B), and average EPS is $26.61 (high $27.94, low $25.52).
Did the ABG's actual financial results beat the analysts' financial forecasts?
Based on Asbury Automotive Group's last annual report (Dec 2023), the company's revenue was $14.8B, which missed the average analysts forecast of $15.01B by -1.38%. Apple's EBITDA was $1.14B, missing the average prediction of $1.2B by -5.38%. The company's net income was $602.5M, missing the average estimation of $740.72M by -18.66%. Apple's SG&A was $1.62B, missing the average forecast of $1.72B by -6.20%. Lastly, the company's EPS was $28.69, missing the average prediction of $32.2 by -10.89%. In terms of the last quarterly report (Dec 2023), Asbury Automotive Group's revenue was $3.81B, beating the average analysts' forecast of $3.68B by 3.46%. The company's EBITDA was $259M, missing the average prediction of $265.45M by -2.43%. Asbury Automotive Group's net income was $55.5M, missing the average estimation of $152.71M by -63.66%. The company's SG&A was $414M, beating the average forecast of $407.63M by 1.56%. Lastly, the company's EPS was $2.71, missing the average prediction of $7.56 by -64.15%