Penske Automotive Group Company Profile (NYSE:PAG)

About Penske Automotive Group (NYSE:PAG)

Penske Automotive Group logoPenske Automotive Group, Inc. is an international transportation services company. The Company 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 principally in Australia and New Zealand. The Company's segments include Retail Automotive, consisting of its retail automotive dealership operations; Retail Commercial Truck, consisting of its retail commercial truck dealership operations in the United States and Canada; Other, consisting of its commercial vehicle and power systems distribution operations and other non-automotive consolidated operations, and Non-Automotive Investments, consisting of its equity method investments in non-automotive operations. The Company holds interests in Penske Truck Leasing Co., L.P. (PTL), a provider of transportation services and supply chain management.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Auto Vehicles, Parts & Service Retailers
  • Sub-Industry: Automotive Retail
  • Symbol: NYSE:PAG
  • CUSIP: 70959W10
  • Web: www.penskeautomotive.com
Capitalization:
  • Market Cap: $3.91735 billion
  • Outstanding Shares: 86,020,000
Average Prices:
  • 50 Day Moving Avg: $45.32
  • 200 Day Moving Avg: $43.88
  • 52 Week Range: $38.33 - $56.05
P/E:
  • Trailing P/E Ratio: 10.86
  • Foreward P/E Ratio: 9.99
  • P/E Growth: 1.41
Sales & Book Value:
  • Annual Revenue: $20.5 billion
  • Price / Sales: 0.19
  • Book Value: $23.07 per share
  • Price / Book: 1.97
Dividend:
  • Annual Dividend: $1.28
  • Dividend Yield: 2.8%
Profitability:
  • EBITDA: $679 million
  • Net Margins: 1.75%
  • Return on Equity: 19.13%
  • Return on Assets: 3.92%
Debt:
  • Debt-to-Equity Ratio: 0.97%
  • Current Ratio: 1.02%
  • Quick Ratio: 0.21%
Misc:
  • Average Volume: 467,982 shs.
  • Beta: 1.45
  • Short Ratio: 8.39
 

Frequently Asked Questions for Penske Automotive Group (NYSE:PAG)

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 Wednesday, October 11th. Stockholders of record on Friday, November 10th will be given a dividend of $0.33 per share on Friday, December 1st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date is Thursday, November 9th. This is a positive change from Penske Automotive Group's previous quarterly dividend of $0.32. View Penske Automotive Group's Dividend History.

How were Penske Automotive Group's earnings last quarter?

Penske Automotive Group, Inc. (NYSE:PAG) released its quarterly earnings data on Thursday, July, 27th. The company reported $1.27 EPS for the quarter, topping analysts' consensus estimates of $1.20 by $0.07. The company had revenue of $5.38 billion for the quarter, compared to the consensus estimate of $5.44 billion. Penske Automotive Group had a net margin of 1.75% and a return on equity of 19.13%. The firm's quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.11 EPS. View Penske Automotive Group's Earnings History.

When will Penske Automotive Group make its next earnings announcement?

Penske Automotive Group is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Penske Automotive Group.

Where is Penske Automotive Group's stock going? Where will Penske Automotive Group's stock price be in 2017?

7 analysts have issued 1 year price targets for Penske Automotive Group's shares. Their predictions range from $46.00 to $68.00. On average, they anticipate Penske Automotive Group's stock price to reach $55.83 in the next year. View Analyst Ratings for Penske Automotive Group.

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

Who are Penske Automotive Group's key executives?

Penske Automotive Group's management team includes the folowing people:

  • Roger S. Penske Jr., President, Chief Executive Officer and Chairman of SoCal Penske Dealer Group
  • Robert H. Kurnick Jr, President, Director
  • Roger S. Penske Jr., Chairman of the Board, Chief Executive Officer
  • John D. Carlson Jr., Chief Financial Officer, Executive Vice President
  • Shane M. Spradlin, Executive Vice President, General Counsel, Corporate Secretary
  • Bud Denker, Executive Vice President of Human Resources
  • Anthony R. Pordon, Executive Vice President Investor Relations and Corporate
  • H. Brian Thompson, Lead Independent Director
  • Lucio A. Noto, Director
  • Gregory W. Penske, Director

Who owns Penske Automotive Group stock?

Penske Automotive Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Shell Asset Management Co. (0.02%) and Alpha Windward LLC (0.01%). Company insiders that own Penske Automotive Group stock include Claude H Denker III, Corp Penske, Robert H Kurnick Jr, Roger S Penske and Shane M Spradlin. View Institutional Ownership Trends for Penske Automotive Group.

Who bought Penske Automotive Group stock? Who is buying Penske Automotive Group stock?

Penske Automotive Group's stock was acquired by a variety of institutional investors in the last quarter, including Shell Asset Management Co. and Alpha Windward LLC. Company insiders that have bought Penske Automotive Group stock in the last two years include Corp Penske and Roger S Penske. View Insider Buying and Selling for Penske Automotive Group.

How do I buy Penske Automotive Group stock?

Shares of Penske Automotive Group can be purchased through any online brokerage account. Popular online brokerages 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 Penske Automotive Group stock can currently be purchased for approximately $45.54.


MarketBeat Community Rating for Penske Automotive Group (NYSE PAG)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  130 (Vote Outperform)
Underperform Votes:  163 (Vote Underperform)
Total Votes:  293
MarketBeat's community ratings are surveys of what our community members think about Penske Automotive Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Penske Automotive Group (NYSE:PAG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: $55.83 (22.60% upside)
Consensus Price Target History for Penske Automotive Group (NYSE:PAG)
Price Target History for Penske Automotive Group (NYSE:PAG)
Analysts' Ratings History for Penske Automotive Group (NYSE:PAG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/4/2017KeyCorpReiterated RatingHoldLowView Rating Details
10/4/2017Berenberg BankInitiated CoverageHold -> Hold$52.00MediumView Rating Details
9/28/2017Northcoast ResearchInitiated CoverageBuy -> Buy$56.00MediumView Rating Details
7/17/2017Wells Fargo & CompanyReiterated RatingMarket Perform$54.00 -> $46.00LowView Rating Details
6/9/2017Morgan StanleyLower Price TargetOverweight$54.00 -> $50.00LowView Rating Details
4/27/2017GabelliUpgradeHold -> Buy$68.00HighView Rating Details
2/1/2017Susquehanna Bancshares IncInitiated CoveragePositive$63.00N/AView Rating Details
10/13/2016Evercore ISIDowngradeHold -> Sell$39.00N/AView Rating Details
9/16/2016Stifel NicolausDowngradeBuy -> HoldN/AView Rating Details
8/9/2016Seaport Global SecuritiesInitiated CoverageNeutralN/AView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyN/AView Rating Details
5/5/2016Buckingham ResearchReiterated RatingBuyN/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Penske Automotive Group (NYSE:PAG)
Earnings by Quarter for Penske Automotive Group (NYSE:PAG)
Earnings History by Quarter for Penske Automotive Group (NYSE PAG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$1.14N/AView Earnings Details
7/27/2017Q2 2017$1.20$1.27$5.44 billion$5.38 billionViewN/AView Earnings Details
4/26/2017Q1 2017$0.96$0.97$4.85 billion$5.08 billionViewN/AView Earnings Details
2/7/2017Q416$0.87$0.91$5.01 billion$4.90 billionViewListenView Earnings Details
10/26/2016Q316$1.01$1.03$3.10 billion$5.20 billionViewListenView Earnings Details
7/28/2016Q216$1.09$1.11$5.17 billion$5.30 billionViewListenView Earnings Details
4/26/2016Q116$0.88$0.90$4.79 billion$4.80 billionViewListenView Earnings Details
2/11/2016Q415$0.80$0.81$4.78 billion$4.90 billionViewListenView Earnings Details
10/29/2015Q315$1.01$0.96$4.97 billion$5.00 billionViewListenView Earnings Details
7/29/2015Q215$0.99$1.05$4.89 billion$4.90 billionViewListenView Earnings Details
4/28/2015Q115$0.82$0.85$4.55 billion$4.50 billionViewListenView Earnings Details
2/11/2015Q414$0.79$0.79$4.36 billion$4.40 billionViewListenView Earnings Details
10/29/2014Q314$0.85$0.85$4.39 billion$4.40 billionViewListenView Earnings Details
7/30/2014Q2$0.85$0.89$4.23 billion$4.40 billionViewListenView Earnings Details
4/24/2014Q114$0.71$0.73$3.72 billion$4.00 billionViewListenView Earnings Details
2/13/2014Q413$0.67$0.68$3.77 billion$3.90 billionViewListenView Earnings Details
10/29/2013Q313$0.69$0.73$3.69 billion$3.80 billionViewListenView Earnings Details
7/31/2013Q2 2013$0.64$0.71$3.65 billion$3.70 billionViewListenView Earnings Details
4/29/2013Q1 2013$0.62$0.63$3.48 billion$3.40 billionViewListenView Earnings Details
2/6/2013Q4 2012$0.53$0.57$3.30 billion$3.40 billionViewListenView Earnings Details
11/2/2012Q312$0.57$0.60$3.27 billion$3.40 billionViewN/AView Earnings Details
7/31/2012$0.53$0.55ViewN/AView Earnings Details
4/25/2012$0.48$0.55ViewN/AView Earnings Details
2/15/2012$0.40$0.47ViewN/AView Earnings Details
11/2/2011$0.42$0.50ViewN/AView Earnings Details
7/21/2011$0.38$0.43ViewN/AView Earnings Details
4/28/2011$0.31$0.39ViewN/AView Earnings Details
2/16/2011$0.26$0.32ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Penske Automotive Group (NYSE:PAG)
2017 EPS Consensus Estimate: $4.25
2018 EPS Consensus Estimate: $4.66
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.92$1.03$0.98
Q2 20172$1.13$1.20$1.17
Q3 20173$1.02$1.11$1.07
Q4 20173$1.00$1.07$1.04
Q1 20182$0.97$1.10$1.04
Q2 20182$1.34$1.35$1.35
Q3 20182$1.19$1.22$1.21
Q4 20182$1.07$1.07$1.07
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Penske Automotive Group (NYSE:PAG)
Next Dividend:12/1/2017
Annual Dividend:$1.28
Dividend Yield:2.81%
Dividend Growth:21.10% (3 Year Average)
Payout Ratio:30.55% (Trailing 12 Months of Earnings)
29.77% (Based on This Year's Estimates)
28.07% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Penske Automotive Group (NYSE:PAG)

Dividend History by Quarter for Penske Automotive Group (NYSE PAG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/11/2017quarterly$0.332.9%11/9/201711/10/201712/1/2017
7/26/2017quarterly$0.322.87%8/8/20178/10/20179/1/2017
5/10/2017Quarterly$0.315/18/20175/22/20176/1/2017
2/9/2017Quarterly$0.302.24%2/15/20172/20/20173/1/2017
10/19/2016quarterly$0.292.49%11/8/201611/10/201612/1/2016
7/27/2016quarterly$0.283.14%8/8/20168/10/20169/1/2016
5/5/2016quarterly$0.272.92%5/12/20165/16/20166/1/2016
1/29/2016quarterly$0.263.19%2/8/20162/10/20163/1/2016
10/15/2015quarterly$0.251.98%11/6/201511/10/201512/1/2015
7/17/2015quarterly$0.241.81%8/6/20158/10/20159/1/2015
5/6/2015quarterly$0.231.81%5/13/20155/15/20156/1/2015
1/29/2015quarterly$0.221.77%2/6/20152/10/20153/2/2015
10/15/2014quarterly$0.212.14%11/6/201411/10/201412/1/2014
7/16/2014quarterly$0.201.66%8/7/20148/11/20149/2/2014
5/2/2014quarterly$0.191.6%5/8/20145/12/20146/2/2014
1/28/2014quarterly$0.181.71%2/6/20142/10/20143/3/2014
10/23/2013quarterly$0.171.7%11/6/201311/11/201312/2/2013
7/17/2013quarterly$0.161.92%8/8/20138/12/20139/3/2013
5/9/2013quarterly$0.151.87%5/16/20135/20/20136/3/2013
1/29/2013quarterly$0.141.77%2/7/20132/11/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Penske Automotive Group (NYSE:PAG)
Insider Ownership Percentage: 40.70%
Institutional Ownership Percentage: 39.83%
Insider Trades by Quarter for Penske Automotive Group (NYSE:PAG)
Institutional Ownership by Quarter for Penske Automotive Group (NYSE:PAG)
Insider Trades by Quarter for Penske Automotive Group (NYSE:PAG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/9/2017Claude H Denker IIIEVPSell5,000$41.27$206,350.00View SEC Filing  
6/1/2017Robert H Kurnick JrPresidentSell11,172$42.48$474,586.56View SEC Filing  
6/1/2017Shane M. SpradlinEVPSell1,900$43.64$82,916.00View SEC Filing  
9/12/2016Shane M. SpradlinEVPSell4,900$48.31$236,719.00View SEC Filing  
9/9/2016Corp PenskeMajor ShareholderBuy327,602$48.07$15,747,828.14View SEC Filing  
9/7/2016Corp PenskeMajor ShareholderBuy225,000$46.95$10,563,750.00View SEC Filing  
9/1/2016Corp PenskeMajor ShareholderBuy187,764$45.24$8,494,443.36View SEC Filing  
8/29/2016Corp PenskeMajor ShareholderBuy478,000$44.21$21,132,380.00View SEC Filing  
8/22/2016Corp PenskeMajor ShareholderBuy300,000$42.55$12,765,000.00View SEC Filing  
8/11/2016Corp PenskeMajor ShareholderBuy50,000$41.36$2,068,000.00View SEC Filing  
8/10/2016Corp PenskeMajor ShareholderBuy50,000$40.05$2,002,500.00View SEC Filing  
8/10/2016Roger S PenskeCEOBuy151,412$39.85$6,033,768.20View SEC Filing  
8/9/2016Corp PenskeMajor ShareholderBuy51,412$39.71$2,041,570.52View SEC Filing  
8/8/2016Corp PenskeMajor ShareholderBuy50,000$39.79$1,989,500.00View SEC Filing  
8/5/2016Corp PenskeMajor ShareholderBuy220,632$39.35$8,681,869.20View SEC Filing  
8/2/2016Corp PenskeMajor ShareholderBuy710,121$39.10$27,765,731.10View SEC Filing  
6/1/2015David K JonesCFOSell5,444$51.09$278,133.96View SEC Filing  
6/1/2015Robert H Kurnick JrPresidentSell13,580$51.28$696,382.40View SEC Filing  
6/1/2015Roger S PenskeCEOSell71,874$50.19$3,607,356.06View SEC Filing  
6/1/2015Shane M SpradlinEVPSell4,203$51.14$214,941.42View SEC Filing  
10/31/2014Sandra E PierceDirectorBuy3,850$44.99$173,211.50View SEC Filing  
6/2/2014David K JonesCFOSell4,000$46.32$185,280.00View SEC Filing  
6/2/2014Robert H Kurnick JrPresidentSell12,045$46.32$557,924.40View SEC Filing  
6/2/2014Roger S PenskeCEOSell195,000$46.23$9,014,850.00View SEC Filing  
6/2/2014Shane M SpradlinEVPSell1,900$46.36$88,084.00View SEC Filing  
4/25/2014John BarrDirectorSell10,000$44.50$445,000.00View SEC Filing  
9/9/2013Roger S PenskeCEOSell234,452$40.92$9,593,775.84View SEC Filing  
9/3/2013David JonesCFOSell1,909$39.70$75,787.30View SEC Filing  
9/3/2013John Jr. CarlsonSVPSell3,000$40.30$120,900.00View SEC Filing  
9/3/2013Kimberly McwatersDirectorSell4,000$40.20$160,800.00View SEC Filing  
6/3/2013David K JonesCFOSell1,500$32.00$48,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Penske Automotive Group (NYSE:PAG)
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Penske Automotive Group (PAG) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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