Penske Automotive Group, Inc. (PAG)
|Net Income (ttm)||1.39B|
|Ex-Dividend Date||Nov 9, 2022|
|Day's Range||124.03 - 126.54|
|52-Week Range||88.58 - 131.55|
|Price Target||140.93 (+12.0%)|
|Earnings Date||Oct 26, 2022|
Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates dealerships under franchise agreements with various automotive manufacturers and distributors. The company engages in the sale of new and used motor vehicles, and related products and services comprise vehicle and collision repair services, as well as placement of finance and le... [Read more]
In 2021, PAG's revenue was $25.55 billion, an increase of 25.00% compared to the previous year's $20.44 billion. Earnings were $1.19 billion, an increase of 118.51%.Financial Statements
According to 13 analysts, the average rating for PAG stock is "Buy." The 12-month stock price forecast is 140.93, which is an increase of 11.96% from the latest price.
Penske (PAG) reported earnings 30 days ago. What's next for the stock?
BLOOMFIELD HILLS, Mich. , Nov. 18, 2022 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive an...
Used auto prices down 2.4% since last month
CNBC's Phil LeBeau joins 'The Exchange' to discuss the decline in used car prices, gains automotive dealership stocks are experiencing and signs in the automotive industry that inflation is declining.
Forty-Six Dealerships Recognized as Automotive News' Best Dealerships to Work For in 2022 Acura Turnersville Ranked #1 in Small Dealership Category BLOOMFIELD HILLS, Mich., Nov. 2, 2022 /PRNewswire/ --...
Penske (PAG) delivers an earnings beat, and its top and bottom lines record year-over-year growth. However, its operating income decreases.
Penske (PAG) delivered earnings and revenue surprises of 5.25% and 0.95%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Record Third Quarter Revenue — Increased 7% to $6.9 Billion Record Third Quarter Earnings Per Share — Increased 3% to $4.61 Premier Truck Group EBT — Increased 9% to $52.8 Million Earnings From Penske T...
Dividend Increased by $0.04 per share, or 7.5%, to $0.57 BLOOMFIELD HILLS, Mich. , Oct. 20, 2022 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation ser...
Penske (PAG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Penske (PAG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
BLOOMFIELD HILLS, Mich. , Oct. 17, 2022 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive a...
More auto consumers opting to buy instead of lease
CNBC's Phil Lebeau reports on the changing economics around leasing an automobile.
In the prevailing times of heightened volatility, keep a close watch on two promising auto retail stocks- Penske (PAG) and Sonic (SAH) - to have a healthy passive income stream.
RYE, N.Y.--(BUSINESS WIRE)--Gabelli Funds, LLC, will host the 46th Annual Auto Symposium at the Waldorf Astoria in Las Vegas beginning on October 31, 2022. This two-day symposium will feature presentati...
It's a great time to be an auto dealer, according to Benchmark's Michael Ward
The Benchmark Company's Michael Ward joins 'The Exchange' to discuss car dealer stocks accelerating in the last month and what's behind the move.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Here is how Penske Automotive (PAG) and Potbelly (PBPB) have performed compared to their sector so far this year.
Penske (PAG) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at...
Penske (PAG) registers all-time high Q2 earnings that beat estimates on better-than-anticipated gross profit in Retail Automotive and Retail Commercial Truck units.
Penske (PAG) delivered earnings and revenue surprises of 13.33% and 0.76%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Earnings Before Taxes Increased 8% to $500 Million Income From Continuing Operations Increased 10% to $374 Million Earnings Per Share Increased 17% to $4.93 Repurchased 3.5 Million Shares of Common Stoc...
The Zacks Consensus Estimate for Penske's (PAG) Q2 earnings per share and revenues is pegged at $4.38 and $7.06 billion, respectively.
Penske Automotive Group Inc. PAG, -2.53% said Thursday it is raising it quarterly cash dividend to 53 cents a share from 50 cents previously. The new dividend will be payable Sept.