Asbury Automotive Group Inc (ABG) Stock AnalysisABGAsbury Automotive Group Inc

Asbury Automotive Group, Inc. is an automotive retailer. The Company operates through two segments: Dealerships and Total Care Auto (TCA). The Company offers a range of automotive products and services fulfilling the entire vehicle ownership lifecycle, including new and used vehicles, parts and services, which include vehicle repair and maintenance services, replacement parts and collision repair services, and finance and insurance (F&I) products, including arranging vehicle financing through third parties and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation and prepaid maintenance plans. The Company operates approximately 161 new-vehicle dealerships, consisting of over 209 franchises and representing 36 domestic and foreign brands of vehicles. It also operates Total Care Auto, Powered by Landcar, a provider of service contracts and other vehicle protection products, and 38 collision repair centers. It operates in the Consumer Cyclicals sector (RETAIL-AUTO DEALERS & GASOLINE STATIONS industry).

Asbury Automotive Group is currently a hold. The stock is priced at $167.6, with a forward P/E of 6.39, suggesting it is undervalued compared to the market. However, the RSI is at 26.54, indicating it is oversold, which could signal a potential rebound. The main risk is the recent downgrade from multiple analysts, with UBS lowering the price target to $193, reflecting concerns over slower growth.

10 analysts cover ABG: 3 rate it Buy, 6 Hold and 1 Sell. The average price target is 238.33.