Why These 15 Automotive Stocks Are Skyrocketing So Far In 2025

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4. Asbury Automotive Group Inc (NYSE:ABG)

Number of Hedge Fund Holders In Q3 2024: 30

Asbury Automotive Group Inc (NYSE:ABG) is an automotive retailer.

The stock is up significantly year-to-date after it reported solid Q4 2024 results, with revenue up 18% year-over-year to $4.5 billion as new vehicle sales grew 19%. Parts/service gross profit also grew 19% to $340 million.

That said, adjusted EPS declined slightly by 2% to $7.26. However, investors are still confident since there have been some operational efficiency improvements, with $42 million in cost reductions.

The consensus price target of $264 implies 12.19% downside.

ABG stock is up 23.85% year-to-date.

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