Analyst Ratings for Asbury Automotive Group Inc. (ABG)

Updated: 2017-07-29

An average rating of Hold has been given to Asbury Automotive Group Inc. (NYSE:ABG) by analysts covering the stock. ABG had previously received a consensus rating of Overweight a month ago.

A buy rating was issued by 3 analysts, 1 gave an overweight rating, 8 issued a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

Investment analysts gave a few price targets for ABG. The maximum price target given was 76, implying potential capital gains of 37.68 percent. The most pessimistic price target was 46, implying a possible loss of -16.67 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.81 percent. That number becomes -2.12 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -1 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.3 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 4 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 5 analysts made negative revisions to their fiscal year's estimates.

The growth rate of ABG's earnings is estimated by analysts to be -16.59 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. ABG has a PEG ratio of -0.43.

ABG has a 52-week high of 71.00 and a 52-week low of 47.50. Today's price is 16.21 percent above the 52-week low, and 22.25 percent below the high. ABG has a P/E ratio of 7.19. Investors typically compare the P/E ratio to a company's peers in the industry. The ABG value stock report compares ABG to some of its peers using value stock charts. The market cap of ABG is $1.15 billion. ABG's next earnings release will be on 0000-00-00, which is days away.