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Stock impact report

How Is Asbury Automotive Group (ABG) Able to Boost Its BuyBack Program? [Yahoo! Finance]

Asbury Automotive Group Inc (ABG) 
Last asbury automotive group inc earnings: 2/3 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Automotive Group Inc (NYSE:ABG) stock, and the $239.20 price target suggests nearly 20% upside potential. How Is Asbury Automotive Group Inc (ABG) Able to Boost Its BuyBack Program? LifetimeStock/Shutterstock.com On April 8, Stephens cut its price target on Asbury Automotive Group Inc (NYSE:ABG) to $254 from $277 while reaffirming an Overweight rating on the stock. The firm expects Asbury's Q1 2026 EBITDA to decline 12.4% YoY and EPS to drop 20.5% decline YoY. It lowered its price target to reflect its reduced Q1 earnings estimates for the automotive retailer. In reducing the earnings estimates and lowering the price target, Stephens cited weather impact. It pointed out that around 40% of Asbury's store locations were exposed to adverse weather conditions in Q1. While Stephens sees pressures for Asbury in the short term, it remains bullish on the company's long-term outlook. For instance, the firm sees Asbury's EPS growing to more than $35 in 2028. The company posted adjuste Show less Read more
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