Equities Analysts Offer Predictions for PAG Q4 Earnings

Key Points

• Zacks Research cut its Q4 2026 EPS estimate for Penske Automotive Group to $3.32 from $3.50; it forecasts full-year EPS of $13.61 in 2027 and $14.17 in 2028.
• Analyst sentiment is mixed but leans neutral: four analysts rate the stock Buy and six Hold, for a consensus Hold rating and a $214.86 price target.
• In its latest quarter, Penske reported EPS of $3.36, just below estimates, while revenue of $8.42 billion topped expectations and rose 4.5% year over year; it also raised its quarterly dividend to $1.46 per share.

Penske Automotive Group, Inc. (NYSE:PAG - Free Report) - Equities research analysts at Zacks Research dropped their Q4 2026 earnings estimates for Penske Automotive Group in a report issued on Wednesday, November 11th. Zacks Research analyst Team now anticipates that the company will post earnings of $3.32 per share for the quarter, down from their previous estimate of $3.50. The consensus estimate for Penske Automotive Group's current full-year earnings is $13.39 per share. Zacks Research also issued estimates for Penske Automotive Group's Q1 2027 earnings at $3.18 EPS, Q2 2027 earnings at $3.56 EPS, Q3 2027 earnings at $3.40 EPS, Q4 2027 earnings at $3.47 EPS, FY2027 earnings at $13.61 EPS, Q1 2028 earnings at $3.42 EPS, Q2 2028 earnings at $3.64 EPS, Q3 2028 earnings at $3.45 EPS and FY2028 earnings at $14.17 EPS.

Other research analysts have also issued research reports about the company. Stephens increased their price target on Penske Automotive Group from $166.00 to $210.00 and gave the stock an "equal weight" rating in a report on Monday, August 3rd. Benchmark downgraded Penske Automotive Group from a "buy" rating to a "hold" rating in a report on Wednesday, July 22nd. Citigroup lowered Penske Automotive Group from a "buy" rating to a "neutral" rating and upped their target price for the stock from $199.00 to $210.00 in a research report on Thursday, July 23rd. UBS Group reaffirmed a "neutral" rating and set a $212.00 target price on shares of Penske Automotive Group in a research report on Friday, October 16th. Finally, Barclays increased their target price on Penske Automotive Group from $210.00 to $212.00 and gave the stock an "overweight" rating in a report on Tuesday, November 3rd. Four analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $214.86.

Penske Automotive Group Stock Performance

Shares of Penske Automotive Group stock opened at $213.24 on Friday. Penske Automotive Group has a one year low of $140.12 and a one year high of $227.00. The firm has a market capitalization of $14.00 billion, a price-to-earnings ratio of 15.55 and a beta of 0.92. The business has a 50-day simple moving average of $209.73 and a 200 day simple moving average of $184.99. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.98 and a quick ratio of 0.21.

Penske Automotive Group (NYSE:PAG - Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The company reported $3.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.37 by ($0.01). The company had revenue of $8.42 billion for the quarter, compared to the consensus estimate of $8.14 billion. Penske Automotive Group had a return on equity of 14.82% and a net margin of 2.77%. Penske Automotive Group's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period last year, the company earned $3.23 EPS.

Institutional Investors Weigh In On Penske Automotive Group

A number of institutional investors and hedge funds have recently made changes to their positions in PAG. BlackRock Inc. acquired a new position in Penske Automotive Group during the 2nd quarter valued at about $417,516,000. Bank of America Corp DE purchased a new stake in shares of Penske Automotive Group in the second quarter worth approximately $79,065,000. Bank of New York Mellon Corp purchased a new stake in shares of Penske Automotive Group in the second quarter worth approximately $67,822,000. Bruni J V & Co. Co. purchased a new stake in shares of Penske Automotive Group in the second quarter worth approximately $30,778,326. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Penske Automotive Group by 11.9% in the first quarter. Dimensional Fund Advisors LP now owns 1,447,910 shares of the company's stock valued at $216,489,000 after purchasing an additional 154,443 shares in the last quarter. Institutional investors and hedge funds own 77.08% of the company's stock.

Penske Automotive Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Friday, November 13th will be given a dividend of $1.46 per share. The ex-dividend date of this dividend is Friday, November 13th. This is a boost from Penske Automotive Group's previous quarterly dividend of $1.44. This represents a $5.84 annualized dividend and a dividend yield of 2.7%. Penske Automotive Group's payout ratio is presently 42.01%.

Latest Penske Automotive Group News

These are some of the PAG news items that stood out recently:

• Positive Sentiment: Zacks raised its Q2 2027 EPS estimate slightly, to $3.56 from $3.55. Penske Automotive Group analyst estimates
• Neutral Sentiment: A separate report put analysts’ average target price at $214.86, broadly near the $213.24 opening price in the supplied background data; this does not point to substantial expected upside. Average target price report
• Negative Sentiment: Zacks lowered estimates across several quarters and full years, including FY2027 EPS to $13.61 from $14.15 and FY2028 to $14.17 from $15.03. It also cut Q4 2026 EPS to $3.32 from $3.50 and reduced estimates for multiple 2027–28 quarters. The breadth of the cuts is the clearest potential pressure on sentiment, despite the small Q2 2027 increase. Zacks Research estimate revisions

Penske Automotive Group Company Profile

Penske Automotive Group is an international automotive and commercial vehicle retailer. The company operates franchised dealerships that sell new and used vehicles, along with parts and maintenance, repair, financing and insurance services. Its automotive dealerships represent a range of manufacturers, with a focus on premium and luxury brands. Penske also operates commercial truck dealerships, which sell new and used trucks and provide parts and service to business customers. Founded by Roger Penske, the company serves customers primarily in the United States and also has operations in several international markets, including the United Kingdom, Germany, Italy, Australia and Japan.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.