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 $236.50 (represents a -3.77% downside from ABG’s last price of $245.77) 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 $236.50 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 $216.00. This represents a potential -3.77% downside from ABG's last price of $245.77.
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% | 5.79% |
| Oct 29, 2024 | Garrett Nelson | CFRA | $230.00 | $230.79 | -0.34% | -6.42% |
| Sep 25, 2024 | Adam Jonas | Morgan Stanley | $240.00 | $230.24 | 4.24% | -2.35% |
| Sep 11, 2024 | Jeff Lick | Stephens | $216.00 | $214.52 | 0.69% | -12.11% |
| Feb 08, 2024 | Garrett Nelson | CFRA | $250.00 | $206.79 | 20.90% | 1.72% |
| Aug 01, 2022 | J.P. Morgan | $205.00 | $182.26 | 12.47% | -16.59% | |
| Jul 29, 2022 | Morgan Stanley | $135.00 | $171.96 | -21.49% | -45.07% | |
| Jul 14, 2022 | Morgan Stanley | $130.00 | $161.50 | -19.50% | -47.11% |
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 5.79% increase from ABG last price ($245.77).
Asbury Automotive Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 5 |
| Avg Price Target | - | $243.33 | $239.20 |
| Last Closing Price | $245.77 | $245.77 | $245.77 |
| Upside/Downside | -100.00% | -0.99% | -2.67% |
In the current month, the average price target of Asbury Automotive Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Asbury Automotive Group's last price of $245.77. This month's average price target is down -100.00% compared to last quarter, and down -100.00% 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 | $4.12B | $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 | $4.22B | $4.36B | $4.33B | $4.23B | $4.42B | $4.51B | $4.57B | $4.42B | $4.26B | $4.34B | $4.31B | $4.26B | $3.80B | $3.91B | $3.93B | $3.92B | $3.99B | $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 | $3.93B | $4.06B | $4.03B | $3.94B | $4.12B | $4.20B | $4.25B | $4.16B | $3.91B | $4.26B | $4.31B | $4.26B | $3.48B | $3.52B | $3.66B | $3.65B | $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 | $290.96M | $300.93M | $298.57M | $291.81M | $305.00M | $310.98M | $315.32M | $306.27M | $293.77M | $307.04M | $307.74M | $433.85M | $262.99M | $267.12M | $271.06M | $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 | $300.92M | $311.23M | $308.80M | $301.80M | $315.45M | $321.63M | $326.12M | $315.48M | $303.83M | $309.93M | $307.74M | $520.63M | $271.36M | $279.22M | $280.34M | $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 | $280.24M | $289.85M | $287.58M | $281.07M | $293.77M | $299.53M | $303.71M | $297.05M | $279.41M | $304.15M | $307.74M | $347.08M | $248.34M | $251.59M | $261.07M | $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 | $118.46M | $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 | $129.88M | $141.05M | $132.15M | $138.56M | $132.51M | $138.00M | $142.23M | $145.73M | $121.20M | $134.50M | $146.61M | $332.40M | $156.65M | $169.55M | $170.40M | $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 | $118.39M | $128.57M | $120.46M | $126.31M | $120.79M | $125.79M | $129.66M | $128.41M | $114.54M | $125.90M | $146.61M | $221.60M | $143.12M | $161.07M | $155.33M | $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 | $455.34M | $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 | $466.42M | $482.41M | $478.63M | $467.79M | $488.94M | $498.52M | $505.47M | $488.99M | $470.93M | $480.39M | $477.00M | $636.97M | $420.61M | $432.79M | $434.52M | $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 | $434.37M | $449.26M | $445.74M | $435.65M | $455.34M | $464.27M | $470.74M | $460.42M | $433.08M | $471.42M | $477.00M | $424.65M | $384.93M | $389.96M | $404.66M | $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 | $5.98 | $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 | $6.56 | $7.12 | $6.67 | $7.00 | $6.69 | $6.97 | $7.18 | $7.36 | $6.12 | $6.79 | $7.40 | $7.76 | $7.91 | $8.56 | $8.61 | $8.35 | $8.58 | $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 | $5.98 | $6.49 | $6.08 | $6.38 | $6.10 | $6.35 | $6.55 | $6.49 | $5.79 | $6.36 | $7.40 | $7.76 | $7.23 | $8.13 | $7.84 | $7.61 | $7.82 | $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 | $170.49 | $229.00 | 34.32% | Buy |
| PAG | Penske Automotive Group | $161.76 | $180.00 | 11.28% | Buy |
| GPI | Group 1 Automotive | $421.48 | $430.00 | 2.02% | Buy |
| LAD | Lithia Motors | $370.77 | $363.00 | -2.10% | Buy |
| SAH | Sonic Automotive | $65.41 | $62.33 | -4.71% | Buy |
| ABG | Asbury Automotive Group | $252.30 | $236.50 | -6.26% | Hold |