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

$46.84
+0.81 (+1.76 %)
(As of 06/18/2019 04:00 PM ET)
Today's Range
$45.9828
Now: $46.84
$46.97
50-Day Range
$42.72
MA: $44.92
$46.71
52-Week Range
$38.49
Now: $46.84
$53.84
Volume311,135 shs
Average Volume438,653 shs
Market Capitalization$3.92 billion
P/E Ratio8.77
Dividend Yield3.39%
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$6.7299 per share
Book Value$31.05 per share

Profitability

Net Income$471 million

Miscellaneous

Employees27,000
Market Cap$3.92 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 announced a quarterly dividend on Friday, May 10th. Shareholders of record on Monday, May 20th will be paid a dividend of $0.39 per share on Tuesday, June 4th. This represents a $1.56 annualized dividend and a yield of 3.33%. The ex-dividend date of this dividend is Friday, May 17th. This is a boost 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 announced that its board has approved a stock repurchase program on Thursday, October 26th 2017, which allows the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.

How were Penske Automotive Group's earnings last quarter?

Penske Automotive Group, Inc. (NYSE:PAG) posted its earnings results on Thursday, April, 25th. The company reported $1.25 EPS for the quarter, topping analysts' consensus estimates of $1.22 by $0.03. The company had revenue of $5.56 billion for the quarter, compared to analyst estimates of $5.74 billion. Penske Automotive Group had a return on equity of 17.38% and a net margin of 2.05%. Penske Automotive Group's revenue for the quarter was down 3.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.26 EPS. 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 equities research analysts have issued twelve-month target prices for Penske Automotive Group's shares. Their forecasts range from $50.00 to $61.00. On average, they anticipate Penske Automotive Group's share price to reach $55.60 in the next year. This suggests a possible upside of 18.7% 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 trended positive this week, according to InfoTrie. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Penske Automotive Group earned a coverage optimism score of 2.6 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future. View News Stories for Penske Automotive Group.

Are investors shorting Penske Automotive Group?

Penske Automotive Group saw a increase in short interest in 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 trading volume of 413,000 shares, the days-to-cover ratio is currently 16.1 days. Currently, 18.7% of the shares of the company 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 number of of retail and institutional investors. Top institutional shareholders 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 $46.84.

How big of a company is Penske Automotive Group?

Penske Automotive Group has a market capitalization of $3.92 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:  260 (Vote Outperform)
Underperform Votes:  330 (Vote Underperform)
Total Votes:  590
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 6/18/2019 by MarketBeat.com Staff

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