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Asbury Automotive Group (ABG) has an average rating of Hold and mean price target of $223.44, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our 12-month target by $30 to $220, based on a 2027 P/E of 7.5x, a justified discount to ABG's 10-year average forward P/E of 8.6x. We lower our adjusted EPS estimates to $26.15 from $28.50 for 2026 and to $29.50 from $31.30 for 2027. ABG's same-store sales remains concerning, with revenue declining 9% Y/Y in Q1, as it continues to feel pressure from broader industry headwinds and consumer spending constraints, and is particularly notable given ABG's favorable geographic footprint concentrated in faster-growing southeastern U.S. markets. While we liked ABG's mid-2025 Herb Chambers acquisition (a top 20 private U.S. auto dealership in terms of annual revenue), the acquired assets weren't enough to offset disappointing same-store sales, driving a $260M top-line shortfall relative to consensus. We remain at Hold, seeing more compelling opportunities across the space.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Asbury Automotive Group (ABG) posted Q1 2026 adjusted EPS of $5.37 vs. $6.82 prior year (-24% Y/Y), short of the $5.62 consensus. Revenue fell 1% to $4.11B ($260M below consensus) and gross margin expanded 20 bps to 17.7% (40 bps above consensus). The revenue shortfall was led by the Finance & Insurance (-4%), New (-2%), and Used Vehicle (-2%) segments, with only Parts & Service (+7%) showing growth. Looking at sales volumes, both new (-5%) and used vehicles (-6%) posted unit declines, but average price realizations were higher (+4% for new and +5% for used). ABG's gross margin improvement was led by the Used Vehicle (+60 bps) segment, partially offset by flat Parts & Service margin and weaker New Vehicle margin (-60 bps). In Q1, ABG repurchased 678K shares for a total of $147M. The quarter marked ABG's first earnings miss in the last six quarters. ABG does not provide formal guidance, but we were at least encouraged by its margin performance. ABG shares are currently trading down 1% in pre-market activity.
Asbury Automotive Group (ABG) has an average rating of hold and mean price target of $234.25, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $202.23, Change: $-1.77, Percent Change: -0.87%
The automotive dealership industry is expected to see a weaker Q1 performance due to weather disruptions and softer vehicle sales, BofA Securities said in a note on Monday.The firm said Q1 earnings per share estimates for Asbury Automotive (ABG), AutoNation (AN), Group 1 Automotive (GPI), Penske Automotive (PAG), Sonic Automotive (SAH), and Lithia Motors (LAD) have been reduced by an average of 13%. This mainly reflects weather disruptions in late January and February, which affected both vehicle sales and parts and service.Same-store new unit sales are now expected to decline by 5.4% on average, also due to tough comparisons from pre-buying ahead of tariffs implemented at the end of March 2025, BofA added.For Q2, same-store new unit sales are projected to decline by 1.8% on average, again reflecting difficult comparisons from April of last year due to pre-buying before tariff-related price increases. Key risks to recovery include lower consumer confidence linked to the Iran War and higher gas prices, which historically affect US auto sales.The firm added that AutoNation remains a top pick heading into earnings, as its store footprint was less affected by weather disruptions. There is also potential upside to EPS from share buybacks, which may offset higher selling, general, and administrative expenses.BofA lowered price targets of Asbury Automotive to $238 from $255, Group 1 Automotive to $390 from $430, Lithia Motors to $320 from $335, and Penske Automotive to $185 from $200.Price: $197.68, Change: $-2.85, Percent Change: -1.42%