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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Automotive dealers & gasoline service stations
Sub-IndustryAutomotive Retail
SectorRetail/Wholesale
Current SymbolNYSE:PAG
Previous Symbol
CUSIP70959W10
Phone248-648-2500
Debt
Debt-to-Equity Ratio0.76
Current Ratio1.01
Quick Ratio0.22
Price-To-Earnings
Trailing P/E Ratio9.37
Forward P/E Ratio7.52
P/E Growth1.11
Sales & Book Value
Annual Sales$21.39 billion
Price / Sales0.16
Cash Flow$5.4261 per share
Price / Cash Flow7.44
Book Value$28.31 per share
Price / Book1.43
Profitability
EPS (Most Recent Fiscal Year)$4.31
Net Income$613.30 million
Net Margins3.09%
Return on Equity17.76%
Return on Assets4.21%
Miscellaneous
Employees26,000
Outstanding Shares84,860,000
Market Cap$3.43 billion
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 declared a quarterly dividend on Thursday, October 18th. Investors of record on Monday, November 12th will be given a dividend of $0.37 per share on Tuesday, December 4th. This represents a $1.48 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date is Thursday, November 8th. This is a boost from Penske Automotive Group's previous quarterly dividend of $0.36. View Penske Automotive Group's Dividend History.
How will Penske Automotive Group's stock buyback program work?
Penske Automotive Group announced that its Board of Directors has initiated a share buyback program on Thursday, October 26th 2017, which allows the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback programs are usually a sign 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) posted its quarterly earnings results on Thursday, October, 25th. The company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.04. The company had revenue of $5.66 billion for the quarter, compared to analyst estimates of $5.86 billion. Penske Automotive Group had a net margin of 3.09% and a return on equity of 17.76%. View Penske Automotive Group's Earnings History.
When is Penske Automotive Group's next earnings date?
What price target have analysts set for PAG?
4 analysts have issued 12 month price targets for Penske Automotive Group's stock. Their forecasts range from $50.00 to $62.00. On average, they anticipate Penske Automotive Group's share price to reach $58.00 in the next twelve months. This suggests a possible upside of 43.7% from the stock's current price. View Analyst Price Targets for Penske Automotive Group.
What is the consensus analysts' recommendation for Penske Automotive Group?
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?
News coverage about PAG stock has been trending positive recently, according to InfoTrie. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Penske Automotive Group earned a news sentiment score of 2.3 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock's share price in the near future.
Who are some of Penske Automotive Group's key competitors?
Some companies that are related to Penske Automotive Group include Copart (CPRT), CarMax (KMX), KAR Auction Services (KAR), Carvana (CVNA), Casey's General Stores (CASY), AutoNation (AN), Murphy USA (MUSA), Lithia Motors (LAD), Camping World (CWH), Rush Enterprises (RUSHB), Rush Enterprises (RUSHA), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Fincera (YUANF) and Sonic Automotive (SAH).
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 & Diector (Age 81)
- Mr. Robert H. Kurnick Jr., Pres & Director (Age 56)
- Mr. John D. Carlson Jr., Exec. VP & CFO (Age 48)
- Mr. Shane M. Spradlin, Exec. VP, Gen. Counsel & Sec. (Age 48)
- Mr. Claude H. Denker III, Exec. VP of HR (Age 59)
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 BlackRock Inc. (4.28%), Dimensional Fund Advisors LP (3.67%), Vanguard Group Inc. (3.61%), LSV Asset Management (3.21%), Victory Capital Management Inc. (3.07%) and Burgundy Asset Management Ltd. (2.26%). Company insiders that own Penske Automotive Group stock include & Co Ltd Mitsui, Claude H Denker III, Corp Penske, H Brian Thompson, 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 Fiduciary Management Inc. WI, Burgundy Asset Management Ltd., Dimensional Fund Advisors LP, Marshall Wace North America L.P., PNC Financial Services Group Inc., GAM Holding AG, Cambiar Investors LLC and Quantbot Technologies LP. Company insiders that have sold Penske Automotive Group company stock in the last year include & Co Ltd Mitsui, Kimberly J Mcwaters 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 BlackRock Inc., Victory Capital Management Inc., Marshall Wace LLP, JPMorgan Chase & Co., CI Investments Inc., Vanguard Group Inc., Hsbc Holdings PLC and New Amsterdam Partners LLC NY. 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 $40.37.
How big of a company is Penske Automotive Group?
Penske Automotive Group has a market capitalization of $3.43 billion and generates $21.39 billion in revenue each year. The company earns $613.30 million in net income (profit) each year or $4.31 on an earnings per share basis. Penske Automotive Group employs 26,000 workers across the globe.
What is Penske Automotive Group's official website?
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)
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.
