Free Trial
NYSE:PAG

Penske Automotive Group (PAG) Stock Price, News & Analysis

Penske Automotive Group logo
$154.57
+1.60 (+1.05%)
(As of 11:01 AM ET)

About Penske Automotive Group Stock (NYSE:PAG)

Key Stats

Today's Range
$151.17
$154.65
50-Day Range
$148.44
$170.10
52-Week Range
$140.70
$179.72
Volume
23,025 shs
Average Volume
186,736 shs
Market Capitalization
$10.32 billion
P/E Ratio
11.38
Dividend Yield
2.77%
Price Target
$170.25
Consensus Rating
Hold

Company Overview

Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships worldwide. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates dealerships under franchise agreements with various automotive manufacturers and distributors. The company is also involved in the sale of new and used motor vehicles, maintenance and repair services, sale and placement of third-party finance and insurance products, third-party extended service and maintenance contracts, replacement and aftermarket automotive products, collision repair services, and wholesale of parts. In addition, it operates a heavy and medium duty truck dealership, which offers Freightliner and Western Star branded trucks, as well as offers a range of used trucks. Further, it imports and distributes Western Star heavy-duty trucks, MAN heavy and medium duty trucks and buses, and Dennis Eagle refuse collection vehicles with associated parts. Additionally, the company distributes diesel and gas engines, and power systems. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan.

Penske Automotive Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
78th Percentile Overall Score

PAG MarketRank™: 

Penske Automotive Group scored higher than 78% of companies evaluated by MarketBeat, and ranked 75th out of 207 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Penske Automotive Group has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.

  • Amount of Analyst Coverage

    Penske Automotive Group has only been the subject of 3 research reports in the past 90 days.

  • Read more about Penske Automotive Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Penske Automotive Group are expected to grow by 1.82% in the coming year, from $13.72 to $13.97 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Penske Automotive Group is 11.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.25.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Penske Automotive Group is 11.39, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 22.88.

  • Price to Book Value per Share Ratio

    Penske Automotive Group has a P/B Ratio of 2.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Penske Automotive Group's valuation and earnings.
  • Percentage of Shares Shorted

    6.77% of the float of Penske Automotive Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Penske Automotive Group has a short interest ratio ("days to cover") of 7.3.
  • Change versus previous month

    Short interest in Penske Automotive Group has recently increased by 5.04%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Penske Automotive Group pays a meaningful dividend of 2.81%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Penske Automotive Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Penske Automotive Group is 31.52%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Penske Automotive Group will have a dividend payout ratio of 30.64% next year. This indicates that Penske Automotive Group will be able to sustain or increase its dividend.

  • Read more about Penske Automotive Group's dividend.
  • Percentage of Shares Shorted

    6.77% of the float of Penske Automotive Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Penske Automotive Group has a short interest ratio ("days to cover") of 7.3.
  • Change versus previous month

    Short interest in Penske Automotive Group has recently increased by 5.04%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Penske Automotive Group has a news sentiment score of -0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for Penske Automotive Group this week, compared to 4 articles on an average week.
  • Search Interest

    8 people have searched for PAG on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Penske Automotive Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Penske Automotive Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $122,228.00 in company stock.

  • Percentage Held by Insiders

    52.20% of the stock of Penske Automotive Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    77.08% of the stock of Penske Automotive Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Penske Automotive Group's insider trading history.
Receive PAG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Penske Automotive Group and its competitors with MarketBeat's FREE daily newsletter.

PAG Stock News Headlines

Urgent: This election is rigged
If you missed it, my emergency election broadcast is now available - but will be removed soon
PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY RESULTS
Exploring Penske Automotive Group's Earnings Expectations
Penske Automotive Group (PAG) Scheduled to Post Earnings on Tuesday
Penske Automotive to acquire Porsche Centre Melbourne
Seaport Res Ptn Has Negative Outlook for PAG FY2024 Earnings
See More Headlines

PAG Stock Analysis - Frequently Asked Questions

Penske Automotive Group's stock was trading at $160.51 at the beginning of the year. Since then, PAG stock has decreased by 3.6% and is now trading at $154.68.
View the best growth stocks for 2024 here
.

Penske Automotive Group, Inc. (NYSE:PAG) released its quarterly earnings results on Tuesday, October, 29th. The company reported $3.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.41 by $0.02. Penske Automotive Group's revenue for the quarter was up 1.9% on a year-over-year basis.

Penske Automotive Group's top institutional investors include Private Management Group Inc. (0.28%), International Assets Investment Management LLC (0.09%), Janney Montgomery Scott LLC (0.07%) and Trust Co. of Vermont (0.04%). Insiders that own company stock include Greg C Smith, Shane M Spradlin, Robert H Kurnick Jr, Sandra E Pierce, Michelle Hulgrave, Kimberly J Mcwaters and John Barr.
View institutional ownership trends
.

Shares of PAG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Penske Automotive Group investors own include Salesforce (CRM), Meta Platforms (META), NVIDIA (NVDA), QUALCOMM (QCOM), Chevron (CVX), Broadcom (AVGO) and Advanced Micro Devices (AMD).

Company Calendar

Ex-Dividend for 9/4 Dividend
8/15/2024
Dividend Payable
9/04/2024
Last Earnings
10/29/2024
Today
10/30/2024
Ex-Dividend for 12/3 Dividend
11/15/2024
Dividend Payable
12/03/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Automotive dealers & gasoline service stations
Sub-Industry
Automotive Retail
CUSIP
70959W10
Employees
44,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$170.25
High Stock Price Target
$180.00
Low Stock Price Target
$160.00
Potential Upside/Downside
+11.4%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$1.05 billion
Pretax Margin
4.13%

Debt

Sales & Book Value

Annual Sales
$29.53 billion
Cash Flow
$18.44 per share
Book Value
$70.75 per share

Miscellaneous

Free Float
31,917,000
Market Cap
$10.21 billion
Optionable
Optionable
Beta
1.16

Social Links

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

This page (NYSE:PAG) was last updated on 10/30/2024 by MarketBeat.com Staff
From Our Partners