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

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$43.01 -0.34 (-0.78 %)
(As of 03/19/2019 04:00 PM ET)
Previous Close$43.35
Today's Range$42.89 - $43.73
52-Week Range$38.49 - $53.84
Volume442,031 shs
Average Volume506,749 shs
Market Capitalization$3.65 billion
P/E Ratio8.05
Dividend Yield3.51%
Beta1.37
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. The company engages in the sale of new and used motor vehicles of approximately 40 brands; and provision of vehicle services and collision repair services. In addition, it is involved in the sale and placement of third-party finance and insurance products, third-party extended service and maintenance contracts, and replacement and aftermarket automotive products. Further, the company distributes commercial vehicles and parts to a network of approximately 70 dealership locations, including 8 company-owned retail commercial vehicle dealerships. As of December 31, 2017, it operated 343 automotive retail franchises, of which 155 franchises are located in the United States; and 188 franchises are located outside of the United States primarily in the United Kingdom. The company also operated 20 dealerships locations of heavy and medium duty trucks, offering primarily Freightliner and Western Star branded trucks, as well as a range of used trucks, and services and parts. Penske Automotive Group, Inc. is headquartered in Bloomfield Hills, Michigan.

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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$6.6068 per share
Book Value$31.05 per share

Profitability

Net Income$471 million

Miscellaneous

Employees27,000
Market Cap$3.65 billion
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable

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 Thursday, January 31st. Shareholders of record on Monday, February 11th will be paid a dividend of $0.38 per share on Friday, March 1st. This represents a $1.52 annualized dividend and a yield of 3.53%. The ex-dividend date is Friday, February 8th. This is a boost from Penske Automotive Group's previous quarterly dividend of $0.37. 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 initiated a share repurchase program on Thursday, October 26th 2017, which permits the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's management believes its shares are undervalued.

How were Penske Automotive Group's earnings last quarter?

Penske Automotive Group, Inc. (NYSE:PAG) released its quarterly earnings results on Thursday, February, 7th. The company reported $1.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.16 by $0.05. The business earned $5.44 billion during the quarter, compared to analysts' expectations of $5.57 billion. Penske Automotive Group had a net margin of 2.07% and a return on equity of 17.73%. The business's quarterly revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.01 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 Wednesday, April 24th 2019. View Earnings Estimates for Penske Automotive Group.

What price target have analysts set for PAG?

5 brokerages have issued twelve-month price objectives for Penske Automotive Group's stock. Their predictions range from $50.00 to $62.00. On average, they anticipate Penske Automotive Group's stock price to reach $56.80 in the next twelve months. This suggests a possible upside of 32.1% 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 trended very positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. 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 media sentiment score of 3.5 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the next several days.

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 General Electric (GE), Micron Technology (MU), Intel (INTC), Blackstone Group (BX), NVIDIA (NVDA), salesforce.com (CRM), Alaska Air Group (ALK), Johnson & Johnson (JNJ), Verizon Communications (VZ) and Southwest Airlines (LUV).

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 81)
  • 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 many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (3.88%), LSV Asset Management (3.24%), Victory Capital Management Inc. (3.22%), BlackRock Inc. (2.94%), London Co. of Virginia (2.07%) and CI Investments Inc. (1.43%). 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 major investors are selling Penske Automotive Group stock?

PAG stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., London Co. of Virginia, Bank of America Corp DE, Public Employees Retirement System of Ohio, FMR LLC, Keeley Teton Advisors LLC, First Trust Advisors LP and Hsbc Holdings PLC. Company insiders that have sold Penske Automotive Group company stock in the last year include & Co Ltd Mitsui, John Barr, Kimberly J Mcwaters and Shane M Spradlin. View Insider Buying and Selling for Penske Automotive Group.

Which major investors are buying Penske Automotive Group stock?

PAG stock was acquired by a variety of institutional investors in the last quarter, including Philadelphia Financial Management of San Francisco LLC, Norges Bank, CI Investments Inc., American Century Companies Inc., Dimensional Fund Advisors LP, Victory Capital Management Inc., Bowling Portfolio Management LLC and Bank of New York Mellon Corp. 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 $43.01.

How big of a company is Penske Automotive Group?

Penske Automotive Group has a market capitalization of $3.65 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.

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:  247 (Vote Outperform)
Underperform Votes:  310 (Vote Underperform)
Total Votes:  557
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 3/19/2019 by MarketBeat.com Staff

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