Asbury Automotive Group Inc (ABG) Stock Forecast & Price Target
Asbury Automotive Group Inc · NYSE
$240.99+14.35 (+6.33%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 7 firms covering Asbury Automotive Group Inc, 2 rate it Buy or better, 4 sit at Hold, and 1 rate it Sell or worse, a hold consensus. Targets span $212.00 to $300.00, a moderate spread. The average target of $235.71 sits 2% below the current $240.99. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees revenue growth near 1% this year and 4% next, consensus EPS building from about $6.91 next quarter toward $29.40 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS7 ratings
Hold
Strong Buy00%
Buy229%
Hold457%
Sell114%
Strong Sell00%
Based on 7 analysts giving stock ratings to Asbury Automotive Group Inc.
As of Jul, 2 of 7 firms rate ABG a Buy (4 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
ABG EPS & revenue forecast
EPS · NEXT QUARTER
$6.91
Range $6.36 – $7.54 · 10 analysts · -4% YoY
Next period, 10 analysts expect Asbury Automotive Group Inc to earn $6.91 a share (range $6.36 – $7.54), versus $7.17 a year earlier. Full-year consensus is $25.75, growing to $29.40 the year after.
REVENUE · NEXT QUARTER
$4.7B
Range $4.6B – $4.9B · 10 analysts · -1% YoY
Revenue is expected to reach $4.7B (range $4.6B – $4.9B), -1.0% year-over-year. Full-year consensus is $18.1B, rising to $18.8B next year.
Top analysts covering Asbury Automotive Group Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on ABG.
#1
John Murphy
B of A Securities · Rank #154
Buy
$300.00+24.5% to target
Overall win rate
35%
+ Follow
#2
RG
Rajat Gupta
JP Morgan
Sell
$220.00-8.7% to target
Coverage
—
+ Follow
#3
Jeff Lick
Stephens & Co.
Buy
$242.00+0.4% to target
Coverage
—
+ Follow
#4
JB
John Babcock
Barclays
Hold
$225.00-6.6% to target
Coverage
—
+ Follow
#5
Michael Ward
Citigroup
Hold
$212.00-12.0% to target
Coverage
—
+ Follow
ABG stock forecast FAQ
What is ABG's average 12-month price target?+
The 7 analysts with a live target average $235.71 for Asbury Automotive Group Inc over the next 12 months, ranging from a $300.00 high to a $212.00 low.
Is ABG stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 7 analyst ratings, 2 are Buy or Strong Buy, 4 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for ABG?+
The Street-high target is $300.00 (B of A Securities), and the Street-low is $212.00 (Citigroup). The average of all 7 active targets is $235.71.
How many Wall Street analysts cover ABG?+
7 analysts have an active rating on Asbury Automotive Group Inc, and 7 firms carry a live 12-month price target.
Who is the most accurate analyst covering ABG?+
Among analysts who currently cover ABG, John Murphy of B of A Securities has the strongest overall Quantellect track record (Rank #154). Their current call is Buy with a $300.00 target.
What is Asbury Automotive Group Inc's projected EPS for next quarter?+
The consensus estimate is $6.91 per share (range $6.36 – $7.54) across 10 analysts. Full-year EPS is projected at $25.75, rising to $29.40 the following year.
How much revenue is Asbury Automotive Group Inc expected to report next quarter?+
Consensus revenue is $4.7B (range $4.6B – $4.9B). Full-year revenue is projected at $18.1B, growing to $18.8B next year.
Have analysts been upgrading or downgrading ABG lately?+
As of Jul, 2 of 7 firms rate ABG a Buy (4 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their ABG calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.