NYSE:PAGPenske Automotive Group Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Penske Automotive Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $36.87 -1.14 (-3.00 %) (As of 05/28/2020 04:00 PM ET) Add Compare Share Today's Range$36.73Now: $36.87▼$38.4250-Day Range$28.64MA: $33.05▼$38.0152-Week Range$19.99Now: $36.87▼$53.81Volume589,300 shsAverage Volume422,688 shsMarket Capitalization$2.97 billionP/E Ratio7.79Dividend Yield4.42%Beta1.67 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 also 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 9 company-owned retail commercial vehicle dealerships. As of December 31, 2018, it operated 345 automotive retail franchises, of which 154 franchises are located in the United States; and 191 franchises are located outside of the United States primarily in the United Kingdom. The company also operated 20 dealership 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingPenske Automotive Group has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $46.00, Penske Automotive Group has a potential upside of 24.8% from its current price of $36.87.Amount of Analyst CoveragePenske Automotive Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.2 Community Rank Outperform VotesPenske Automotive Group has received 313 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPenske Automotive Group has received 384 “underperform” votes. (Add your “underperform” vote.)Community SentimentPenske Automotive Group has received 55.09% “underperform” votes from our community.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. Previous Next 4.2 Dividend Strength Dividend LeadershipPenske Automotive Group is a leading dividend payer. It pays a dividend yield of 4.42%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPenske Automotive Group has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of Penske Automotive Group is 31.82 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Penske Automotive Group will have a dividend payout ratio of 36.60 % next year. This indicates that Penske Automotive Group will be able to sustain or increase its dividend. Previous Next 2.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Penske Automotive Group insiders have not sold or bought any company stock.Percentage Held by Insiders44.10% of the stock of Penske Automotive Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions39.75% of the stock of Penske Automotive Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Penske Automotive Group are expected to grow by 82.14% in the coming year, from $2.52 to $4.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Penske Automotive Group is 7.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.91.Price to Earnings Ratio vs. SectorThe P/E ratio of Penske Automotive Group is 7.79, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 33.81.Price to Earnings Growth RatioPenske Automotive Group has a PEG Ratio of 9.03. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPenske Automotive Group has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.2Dividend Strength: 4.2Insider Behavior: 2.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.96 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Automotive dealers & gasoline service stations Sub-IndustryAutomotive Retail SectorRetail/Wholesale Current SymbolNYSE:PAG Previous Symbol CUSIP70959W10 CIK1019849 Webwww.penskeautomotive.com Phone248-648-2500Debt Debt-to-Equity Ratio0.93 Current Ratio1.03 Quick Ratio0.22Price-To-Earnings Trailing P/E Ratio7.79 Forward P/E Ratio14.63 P/E Growth9.03 Sales & Book Value Annual Sales$23.18 billion Price / Sales0.13 Cash Flow$6.53 per share Price / Cash Flow5.65 Book Value$33.65 per share Price / Book1.10Profitability EPS (Most Recent Fiscal Year)$5.28 Net Income$435.80 million Net Margins1.72% Return on Equity14.32% Return on Assets2.83%Miscellaneous Employees27,000 Outstanding Shares80,460,000Market Cap$2.97 billion Next Earnings Date8/4/2020 (Estimated) OptionableOptionable PAG Rates by TradingView Receive PAG News and Ratings via Email Sign-up to receive the latest news and ratings for PAG and its competitors with MarketBeat's FREE daily newsletter. Penske Automotive Group (NYSE:PAG) Frequently Asked Questions How has Penske Automotive Group's stock been impacted by COVID-19 (Coronavirus)? Penske Automotive Group's stock was trading at $40.03 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PAG shares have decreased by 7.9% and is now trading at $36.87. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Penske Automotive Group? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Penske Automotive Group in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Penske Automotive Group. When is Penske Automotive Group's next earnings date? Penske Automotive Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Penske Automotive Group. How were Penske Automotive Group's earnings last quarter? Penske Automotive Group, Inc. (NYSE:PAG) posted its earnings results on Wednesday, May, 6th. The company reported $0.64 EPS for the quarter, missing analysts' consensus estimates of $0.69 by $0.05. The firm earned $5.01 billion during the quarter, compared to analyst estimates of $5.16 billion. Penske Automotive Group had a net margin of 1.72% and a return on equity of 14.32%. The business's revenue for the quarter was down 10.0% on a year-over-year basis. During the same period last year, the business posted $1.25 earnings per share. View Penske Automotive Group's earnings history. 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 Wednesday, February 12th. Shareholders of record on Monday, February 24th will be paid a dividend of $0.42 per share on Tuesday, March 3rd. This represents a $1.68 annualized dividend and a dividend yield of 4.56%. The ex-dividend date is Friday, February 21st. This is a boost from Penske Automotive Group's previous quarterly dividend of $0.41. View Penske Automotive Group's dividend history. What price target have analysts set for PAG? 7 Wall Street analysts have issued twelve-month price targets for Penske Automotive Group's shares. Their forecasts range from $42.00 to $53.00. On average, they expect Penske Automotive Group's share price to reach $46.00 in the next twelve months. This suggests a possible upside of 24.8% from the stock's current price. View analysts' price targets for Penske Automotive Group. Has Penske Automotive Group been receiving favorable news coverage? Media headlines about PAG stock have been trending very negative this week, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Penske Automotive Group earned a daily sentiment score of -3.4 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutPenske Automotive Group. Who are some of Penske Automotive Group's key competitors? Some companies that are related to Penske Automotive Group include O'Reilly Automotive (ORLY), AutoZone (AZO), CarMax (KMX), Advance Auto Parts (AAP), AutoNation (AN), Lithia Motors (LAD), Monro (MNRO), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), PROSPECT CAPITAL 6.25 NTS (PBY), Sonic Automotive (SAH) and America's Car-Mart (CRMT). View all 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), Schlumberger (SLB), Walt Disney (DIS), Harman International Industries (HAR), Intel (INTC), JPMorgan Chase & Co. (JPM) and Novartis (NVS). Who are Penske Automotive Group's key executives? Penske Automotive Group's management team includes the following 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) What is Penske Automotive Group's stock symbol? Penske Automotive Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "PAG." Who are Penske Automotive Group's major shareholders? Penske Automotive Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Victory Capital Management Inc. (2.72%), Victory Capital Management Inc. (2.74%), BlackRock Inc. (1.84%), Fiduciary Management Inc. WI (1.67%), Ceredex Value Advisors LLC (1.16%) and Morgan Stanley (0.95%). Company insiders that own Penske Automotive Group stock include 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 BlackRock Inc., Morgan Stanley, Morgan Stanley, London Co. of Virginia, Squarepoint Ops LLC, Cambiar Investors LLC, Nuveen Asset Management LLC, and UBS Group AG. Company insiders that have sold Penske Automotive Group company stock in the last year include John D Jr Carlson, Kimberly J Mcwaters, Robert H Kurnick Jr, and Shane M Spradlin. View insider buying and selling activity for Penske Automotive Group. Which institutional investors are buying Penske Automotive Group stock? PAG stock was bought by a variety of institutional investors in the last quarter, including Deroy & Devereaux Private Investment Counsel Inc., Victory Capital Management Inc., Victory Capital Management Inc., Fenimore Asset Management Inc., Ceredex Value Advisors LLC, Engineers Gate Manager LP, Sontag Advisory LLC, and Alaska Permanent Fund Corp. View insider buying and selling activity 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 $36.87. How big of a company is Penske Automotive Group? Penske Automotive Group has a market capitalization of $2.97 billion and generates $23.18 billion in revenue each year. The company earns $435.80 million in net income (profit) each year or $5.28 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 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] This page was last updated on 5/29/2020 by MarketBeat.com Staff
