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

$45.80
-0.12 (-0.26 %)
(As of 09/22/2019 06:05 AM ET)
Today's Range
$45.74
Now: $45.80
$46.65
50-Day Range
$41.47
MA: $44.22
$48.55
52-Week Range
$38.49
Now: $45.80
$51.44
Volume224,446 shs
Average Volume330,744 shs
Market Capitalization$3.76 billion
P/E Ratio8.58
Dividend Yield3.48%
Beta1.33
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$6.5522 per share
Book Value$31.05 per share

Profitability

Net Income$471 million

Miscellaneous

Employees27,000
Market Cap$3.76 billion
Next Earnings Date10/24/2019 (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 Wednesday, July 17th. Stockholders of record on Friday, August 9th will be given a dividend of $0.40 per share on Wednesday, September 4th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.49%. The ex-dividend date of this dividend is Thursday, August 8th. This is a boost from Penske Automotive Group's previous quarterly dividend of $0.39. View Penske Automotive Group's Dividend History.

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

Penske Automotive Group declared that its Board of Directors has authorized 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 repurchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

How were Penske Automotive Group's earnings last quarter?

Penske Automotive Group, Inc. (NYSE:PAG) issued its quarterly earnings data on Tuesday, July, 30th. The company reported $1.42 EPS for the quarter, missing the Zacks' consensus estimate of $1.59 by $0.17. The business earned $5.76 billion during the quarter, compared to analysts' expectations of $5.90 billion. Penske Automotive Group had a return on equity of 16.56% and a net margin of 2.00%. The firm's revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.58 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, October 24th 2019. View Earnings Estimates for Penske Automotive Group.

What price target have analysts set for PAG?

4 Wall Street analysts have issued 12 month target prices for Penske Automotive Group's shares. Their predictions range from $51.00 to $61.00. On average, they anticipate Penske Automotive Group's stock price to reach $56.3333 in the next twelve months. This suggests a possible upside of 23.0% from the stock's current price. View Analyst Price Targets for Penske Automotive Group.

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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Penske Automotive Group in the last year. There are currently 1 hold rating 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?

Media stories about PAG stock have been trending somewhat negative on Sunday, according to InfoTrie. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Penske Automotive Group earned a news impact score of -1.3 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Penske Automotive Group.

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 many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.89%), LSV Asset Management (3.15%), BlackRock Inc. (2.55%), Victory Capital Management Inc. (2.52%), Fiduciary Management Inc. WI (1.72%) and Bank of America Corp DE (1.17%). Company insiders that own Penske Automotive Group stock include & Co Ltd Mitsui, 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 Victory Capital Management Inc., Aperio Group LLC, LSV Asset Management, Phocas Financial Corp., Phocas Financial Corp., Prudential Financial Inc., Green Square Asset Management LLC and Prudential PLC. 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 major investors are buying Penske Automotive Group stock?

PAG stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, BlackRock Inc., HighTower Advisors LLC, Jane Street Group LLC, Russell Investments Group Ltd., Foresters Investment Management Company Inc., Invesco Ltd. and Strs Ohio. 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, Robinhood, Fidelity and Charles Schwab.

What is Penske Automotive Group's stock price today?

One share of PAG stock can currently be purchased for approximately $45.80.

How big of a company is Penske Automotive Group?

Penske Automotive Group has a market capitalization of $3.76 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:  272 (Vote Outperform)
Underperform Votes:  343 (Vote Underperform)
Total Votes:  615
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 9/22/2019 by MarketBeat.com Staff

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