WallStreetZenWallStreetZen

NYSE: ABG
Asbury Automotive Group Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for ABG

Based on 2 analysts offering 12 month price targets for Asbury Automotive Group Inc.
Min Forecast
$230.00+3.52%
Avg Forecast
$237.50+6.89%
Max Forecast
$245.00+10.27%

Should I buy or sell ABG stock?

Based on 2 analysts offering ratings for Asbury Automotive Group Inc.
Buy
Strong Buy
1 analysts 50%
Buy
0 analysts 0%
Hold
1 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their ABG stock forecasts and price targets.

ABG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-09
lockedlocked$00.00+00.00%2023-10-31

1 of 1

Forecast return on equity

Is ABG forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.5%

Forecast return on assets

Is ABG forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

ABG revenue forecast

What is ABG's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$17.6B+18.76%
Avg 2 year Forecast
$17.9B+20.82%
Avg 3 year Forecast
$18.4B+24.56%
ABG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ABG earnings growth forecast

How is ABG forecast to perform vs Auto & Truck Dealerships companies and vs the US market?
Company
7.07%
Industry
25.05%
Market
21.77%
ABG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ABG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ABG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ABG revenue growth forecast

How is ABG forecast to perform vs Auto & Truck Dealerships companies and vs the US market?
Company
7.38%
Industry
7.83%
Market
10.16%
ABG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ABG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ABG vs Auto & Truck Dealership Stocks

TickerPricePrice TargetUp/downsideConsensus
ABG$222.19$237.50+6.89%Buy
RUSHA$49.23$58.00+17.81%Strong Buy
GPI$279.50$301.25+7.78%Strong Buy
ACVA$18.35$21.00+14.44%Buy
CARG$23.47$27.00+15.04%Buy
View Top Auto & Truck Dealership Stocks

Asbury Automotive Group Stock Forecast FAQ

Is Asbury Automotive Group Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: ABG) stock is to Buy ABG stock.

Out of 2 analysts, 1 (50%) are recommending ABG as a Strong Buy, 0 (0%) are recommending ABG as a Buy, 1 (50%) are recommending ABG as a Hold, 0 (0%) are recommending ABG as a Sell, and 0 (0%) are recommending ABG as a Strong Sell.

If you're new to stock investing, here's how to buy Asbury Automotive Group stock.

What is ABG's revenue growth forecast for 2024-2026?

(NYSE: ABG) Asbury Automotive Group's forecast annual revenue growth rate of 7.38% is not forecast to beat the US Auto & Truck Dealerships industry's average forecast revenue growth rate of 7.83%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.16%.

Asbury Automotive Group's revenue in 2024 is $14,802,700,000.On average, 4 Wall Street analysts forecast ABG's revenue for 2024 to be $358,696,571,189, with the lowest ABG revenue forecast at $353,778,484,288, and the highest ABG revenue forecast at $362,656,847,842. On average, 4 Wall Street analysts forecast ABG's revenue for 2025 to be $364,932,233,800, with the lowest ABG revenue forecast at $350,615,437,451, and the highest ABG revenue forecast at $381,513,397,881.

In 2026, ABG is forecast to generate $376,218,875,352 in revenue, with the lowest revenue forecast at $376,218,875,352 and the highest revenue forecast at $376,218,875,352.

What is ABG's forecast return on assets (ROA) for 2024-2027?

(NYSE: ABG) forecast ROA is N/A, which is lower than the forecast US Auto & Truck Dealerships industry average of N/A.

What is ABG's Price Target?

According to 2 Wall Street analysts that have issued a 1 year ABG price target, the average ABG price target is $237.50, with the highest ABG stock price forecast at $245.00 and the lowest ABG stock price forecast at $230.00.

On average, Wall Street analysts predict that Asbury Automotive Group's share price could reach $237.50 by Feb 9, 2025. The average Asbury Automotive Group stock price prediction forecasts a potential upside of 6.89% from the current ABG share price of $222.19.

What is ABG's forecast return on equity (ROE) for 2024-2027?

(NYSE: ABG) forecast ROE is N/A, which is considered weak.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.