NYSE:PAG - Penske Automotive Group Stock Price, News, & Analysis

$45.93
-0.91 (-1.94 %)
(As of 06/20/2019 08:00 AM ET)
Today's Range
$45.89
Now: $45.93
$46.80
50-Day Range
$42.72
MA: $44.92
$46.71
52-Week Range
$38.49
Now: $45.93
$53.84
Volume228,500 shs
Average Volume298,420 shs
Market Capitalization$3.84 billion
P/E Ratio8.77
Dividend Yield3.33%
Beta1.32
Penske Automotive Group, Inc operates as a transportation services company. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe; and distributes commercial vehicles, diesel engines, gas engines, power systems, and related parts and services primarily in Australia and New Zealand. Read More…

Industry, Sector and Symbol

Industry Automotive dealers & gasoline service stations
Sub-IndustryAutomotive Retail
SectorRetail/Wholesale
CUSIP70959W10
Phone248-648-2500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$22.79 billion
Cash Flow$6.4508 per share
Book Value$31.05 per share

Profitability

Net Income$471 million

Miscellaneous

Employees27,000
Market Cap$3.84 billion
Next Earnings Date7/25/2019 (Estimated)
OptionableOptionable

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Penske Automotive Group (NYSE:PAG) Frequently Asked Questions

What is Penske Automotive Group's stock symbol?

Penske Automotive Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "PAG."

How often does Penske Automotive Group pay dividends? What is the dividend yield for Penske Automotive Group?

Penske Automotive Group declared a quarterly dividend on Friday, May 10th. Stockholders of record on Monday, May 20th will be given a dividend of $0.39 per share on Tuesday, June 4th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.40%. The ex-dividend date is Friday, May 17th. This is an increase from Penske Automotive Group's previous quarterly dividend of $0.38. View Penske Automotive Group's Dividend History.

How will Penske Automotive Group's stock buyback program work?

Penske Automotive Group declared that its board has approved a stock buyback plan on Thursday, October 26th 2017, which authorizes the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its stock is undervalued.

How were Penske Automotive Group's earnings last quarter?

Penske Automotive Group, Inc. (NYSE:PAG) issued its quarterly earnings data on Thursday, April, 25th. The company reported $1.25 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.22 by $0.03. The company earned $5.56 billion during the quarter, compared to analyst estimates of $5.74 billion. Penske Automotive Group had a net margin of 2.05% and a return on equity of 17.38%. The firm's quarterly revenue was down 3.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.26 earnings per share. View Penske Automotive Group's Earnings History.

When is Penske Automotive Group's next earnings date?

Penske Automotive Group is scheduled to release their next quarterly earnings announcement on Thursday, July 25th 2019. View Earnings Estimates for Penske Automotive Group.

What price target have analysts set for PAG?

5 brokers have issued 12-month target prices for Penske Automotive Group's stock. Their predictions range from $50.00 to $61.00. On average, they anticipate Penske Automotive Group's share price to reach $55.60 in the next twelve months. This suggests a possible upside of 21.1% from the stock's current price. View Analyst Price Targets for Penske Automotive Group.

What is the consensus analysts' recommendation for Penske Automotive Group?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Penske Automotive Group in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Penske Automotive Group.

Has Penske Automotive Group been receiving favorable news coverage?

Headlines about PAG stock have been trending neutral on Thursday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Penske Automotive Group earned a coverage optimism score of 0.2 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Penske Automotive Group.

Are investors shorting Penske Automotive Group?

Penske Automotive Group saw a increase in short interest during the month of May. As of May 31st, there was short interest totalling 6,636,400 shares, an increase of 31.8% from the April 30th total of 5,036,100 shares. Based on an average daily trading volume, of 413,000 shares, the short-interest ratio is presently 16.1 days. Approximately 18.7% of the shares of the stock are sold short. View Penske Automotive Group's Current Options Chain.

Who are some of Penske Automotive Group's key competitors?

What other stocks do shareholders of Penske Automotive Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Penske Automotive Group investors own include salesforce.com (CRM), Alaska Air Group (ALK), Signet Jewelers (SIG), L Brands (LB), Harman International Industries (HAR), Schlumberger (SLB), Novartis (NVS), Lululemon Athletica (LULU), Blackstone Group (BX) and Intel (INTC).

Who are Penske Automotive Group's key executives?

Penske Automotive Group's management team includes the folowing people:
  • Mr. Roger S. Penske Sr., Chairman, CEO & Director (Age 82)
  • Mr. Robert H. Kurnick Jr., Pres & Director (Age 57)
  • Mr. John D. Carlson Jr., Exec. VP & CFO (Age 49)
  • Mr. Shane M. Spradlin, Exec. VP, Gen. Counsel & Sec. (Age 49)
  • Mr. Claude H. Denker III, Exec. VP of HR (Age 60)

Who are Penske Automotive Group's major shareholders?

Penske Automotive Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include LSV Asset Management (3.26%), Victory Capital Management Inc. (2.80%), Ceredex Value Advisors LLC (0.79%), Private Management Group Inc. (0.72%), Gamco Investors INC. ET AL (0.62%) and Fenimore Asset Management Inc. (0.47%). Company insiders that own Penske Automotive Group stock include & Co Ltd Mitsui, Claude H Denker III, Corp Penske, H Brian Thompson, John Barr, John D Jr Carlson, Kimberly J Mcwaters, Robert H Kurnick Jr and Shane M Spradlin. View Institutional Ownership Trends for Penske Automotive Group.

Which institutional investors are selling Penske Automotive Group stock?

PAG stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Marshall Wace LLP, Marshall Wace North America L.P., Strs Ohio, Fenimore Asset Management Inc., Opus Capital Group LLC, New Amsterdam Partners LLC NY and Keeley Teton Advisors LLC. Company insiders that have sold Penske Automotive Group company stock in the last year include John Barr, Robert H Kurnick Jr and Shane M Spradlin. View Insider Buying and Selling for Penske Automotive Group.

Which institutional investors are buying Penske Automotive Group stock?

PAG stock was purchased by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Dean Investment Associates LLC, Starr International Co. Inc., First Trust Advisors LP, Raymond James Financial Services Advisors Inc., Trust Co. of Vermont, Stephens Inc. AR and Campbell & CO Investment Adviser LLC. Company insiders that have bought Penske Automotive Group stock in the last two years include Corp Penske and H Brian Thompson. View Insider Buying and Selling for Penske Automotive Group.

How do I buy shares of Penske Automotive Group?

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

What is Penske Automotive Group's stock price today?

One share of PAG stock can currently be purchased for approximately $45.93.

How big of a company is Penske Automotive Group?

Penske Automotive Group has a market capitalization of $3.84 billion and generates $22.79 billion in revenue each year. The company earns $471 million in net income (profit) each year or $5.34 on an earnings per share basis. Penske Automotive Group employs 27,000 workers across the globe.View Additional Information About Penske Automotive Group.

What is Penske Automotive Group's official website?

The official website for Penske Automotive Group is http://www.penskeautomotive.com/.

How can I contact Penske Automotive Group?

Penske Automotive Group's mailing address is 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI, 48302. The company can be reached via phone at 248-648-2500 or via email at [email protected]


MarketBeat Community Rating for Penske Automotive Group (NYSE PAG)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  261 (Thanks for Voting!)
Underperform Votes:  331 (Thanks for Voting!)
Total Votes:  592
MarketBeat's community ratings are surveys of what our community members think about Penske Automotive Group and other stocks. Vote "Outperform" if you believe PAG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PAG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/20/2019 by MarketBeat.com Staff

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