What is Zacks Research's Estimate for PAG Q2 Earnings?

Penske Automotive Group, Inc. (NYSE:PAG - Free Report) - Investment analysts at Zacks Research upped their Q2 2025 earnings per share estimates for shares of Penske Automotive Group in a research report issued on Monday, May 19th. Zacks Research analyst L. Sahu now forecasts that the company will post earnings of $3.57 per share for the quarter, up from their prior estimate of $3.53. The consensus estimate for Penske Automotive Group's current full-year earnings is $13.86 per share. Zacks Research also issued estimates for Penske Automotive Group's FY2025 earnings at $13.73 EPS, Q2 2026 earnings at $3.80 EPS, Q1 2027 earnings at $3.46 EPS and FY2027 earnings at $15.12 EPS.

PAG has been the subject of several other research reports. JPMorgan Chase & Co. dropped their price objective on shares of Penske Automotive Group from $165.00 to $140.00 and set an "underweight" rating for the company in a report on Thursday, March 27th. Citigroup increased their price target on Penske Automotive Group from $185.00 to $195.00 and gave the company a "buy" rating in a research note on Monday, May 19th. Wall Street Zen raised Penske Automotive Group from a "hold" rating to a "buy" rating in a research note on Wednesday, April 23rd. Finally, Stephens reaffirmed an "equal weight" rating and set a $140.00 price objective on shares of Penske Automotive Group in a report on Monday, May 5th. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $167.00.

Penske Automotive Group Price Performance

PAG traded down $0.46 during trading on Wednesday, hitting $162.20. 198,411 shares of the company traded hands, compared to its average volume of 196,505. The company has a current ratio of 0.91, a quick ratio of 0.20 and a debt-to-equity ratio of 0.22. The company has a market cap of $10.73 billion, a PE ratio of 11.80 and a beta of 0.90. The stock's 50-day simple moving average is $153.82 and its two-hundred day simple moving average is $159.03. Penske Automotive Group has a 1 year low of $134.05 and a 1 year high of $180.12.

Penske Automotive Group (NYSE:PAG - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $3.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.27 by $0.12. Penske Automotive Group had a net margin of 3.02% and a return on equity of 18.05%. The firm had revenue of $7.60 billion for the quarter, compared to analysts' expectations of $7.68 billion. During the same quarter last year, the business posted $3.21 earnings per share. The company's revenue for the quarter was up 2.1% compared to the same quarter last year.

Institutional Trading of Penske Automotive Group

Several institutional investors have recently added to or reduced their stakes in PAG. Norges Bank purchased a new stake in shares of Penske Automotive Group in the fourth quarter worth approximately $22,049,000. Moran Wealth Management LLC bought a new position in Penske Automotive Group in the 4th quarter valued at $14,157,000. Goldman Sachs Group Inc. increased its stake in Penske Automotive Group by 28.4% in the first quarter. Goldman Sachs Group Inc. now owns 380,267 shares of the company's stock worth $54,751,000 after purchasing an additional 84,045 shares during the period. Nuveen LLC bought a new stake in shares of Penske Automotive Group during the first quarter worth $10,004,000. Finally, GAMMA Investing LLC lifted its position in shares of Penske Automotive Group by 21,771.8% during the first quarter. GAMMA Investing LLC now owns 57,304 shares of the company's stock worth $8,251,000 after purchasing an additional 57,042 shares during the last quarter. Institutional investors own 77.08% of the company's stock.

Insider Activity

In related news, Director John Barr sold 1,529 shares of the company's stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $155.45, for a total transaction of $237,683.05. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 51.70% of the company's stock.

Penske Automotive Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Tuesday, May 27th will be given a dividend of $1.26 per share. The ex-dividend date is Tuesday, May 27th. This is an increase from Penske Automotive Group's previous quarterly dividend of $1.22. This represents a $5.04 dividend on an annualized basis and a yield of 3.11%. Penske Automotive Group's dividend payout ratio is 35.49%.

Penske Automotive Group declared that its board has approved a share buyback program on Wednesday, May 14th that authorizes the company to repurchase $250.00 million in outstanding shares. This repurchase authorization authorizes the company to purchase up to 2.3% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its stock is undervalued.

Penske Automotive Group Company Profile

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.