Penske Automotive Group, Inc. (PAG)

NYSE: PAG · IEX Real-Time Price · USD
125.84
+1.62 (1.30%)
Nov 29, 2022 3:30 PM EDT - Market open
1.3%
Market Cap 8.86B
Revenue (ttm) 27.10B
Net Income (ttm) 1.39B
Shares Out 73.70M
EPS (ttm) 18.28
PE Ratio 6.89
Forward PE 8.32
Dividend $2.07 (1.64%)
Ex-Dividend Date Nov 9, 2022
Volume 302,635
Open 124.03
Previous Close 124.22
Day's Range 124.03 - 126.54
52-Week Range 88.58 - 131.55
Beta 1.26
Analysts Buy
Price Target 140.93 (+12.0%)
Earnings Date Oct 26, 2022

About PAG

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]

Industry Specialty Retail
IPO Date Oct 23, 1996
CEO Roger Penske
Employees 26,500
Stock Exchange NYSE
Ticker Symbol PAG
Full Company Profile

Financial Performance

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

Analyst Forecast

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.

Price Target
$140.93
(11.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why Is Penske (PAG) Up 16% Since Last Earnings Report?

Penske (PAG) reported earnings 30 days ago. What's next for the stock?

4 days ago - Zacks Investment Research

Penske Automotive Group Publishes 2022 ESG Report

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...

1 week ago - PRNewsWire

12 Hot Retailers Kick Amazon.com To The Curb

If your measure of S&P 500 retail is Amazon.com, you're missing out on all the action this year. Other retail stocks are springing up.

2 weeks ago - Investors Business Daily

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.

Other symbols: ANCVNAGPIKMXLADSAH
2 weeks ago - CNBC Television

PENSKE AUTOMOTIVE GROUP DEALERSHIPS NAMED BEST TO WORK FOR

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/ --...

3 weeks ago - PRNewsWire

Penske (PAG) Beats on Q3 Earnings & Sales, Boosts Buyback

Penske (PAG) delivers an earnings beat, and its top and bottom lines record year-over-year growth. However, its operating income decreases.

4 weeks ago - Zacks Investment Research

Penske Automotive (PAG) Surpasses Q3 Earnings and Revenue Estimates

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?

1 month ago - Zacks Investment Research

PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY EARNINGS

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...

1 month ago - PRNewsWire

PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND

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...

1 month ago - PRNewsWire

Penske Automotive (PAG) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

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.

1 month ago - Zacks Investment Research

Why Penske (PAG) Could Beat Earnings Estimates Again

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.

1 month ago - Zacks Investment Research

PENSKE AUTOMOTIVE GROUP TO HOST THIRD QUARTER 2022 FINANCIAL RESULTS CONFERENCE CALL

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...

1 month ago - PRNewsWire

More auto consumers opting to buy instead of lease

CNBC's Phil Lebeau reports on the changing economics around leasing an automobile.

Other symbols: ANFGPI
2 months ago - CNBC Television

2 Set & Forget Auto Retail Dividend Stocks Amid Inflation Woes

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.

Other symbols: SAH
2 months ago - Zacks Investment Research

Auto Dealers on Sale

There may be no giant banners or flapping pennants above these deals, but there is a big sale going on in the automotive industry.

Other symbols: ABGANGPI
2 months ago - GuruFocus

Gabelli Funds to Host 46th Annual Auto Symposium October 31st and November 1st

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...

3 months ago - Business Wire

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.

Other symbols: ANGPILADSAH
3 months ago - CNBC Television

Why Penske Automotive (PAG) is a Top Momentum Stock for the Long-Term

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.

3 months ago - Zacks Investment Research

Is Penske Automotive Group (PAG) Outperforming Other Retail-Wholesale Stocks This Year?

Here is how Penske Automotive (PAG) and Potbelly (PBPB) have performed compared to their sector so far this year.

3 months ago - Zacks Investment Research

Penske (PAG) Shows Fast-paced Momentum But Is Still a Bargain Stock

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...

3 months ago - Zacks Investment Research

Penske (PAG) Q2 Earnings Top Estimates, Revenues Decline Y/Y

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.

4 months ago - Zacks Investment Research

Penske Automotive (PAG) Tops Q2 Earnings Estimates

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?

4 months ago - Zacks Investment Research

PENSKE AUTOMOTIVE GROUP REPORTS ALL-TIME RECORD QUARTERLY EARNINGS

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...

4 months ago - PRNewsWire

Can Penske (PAG) Maintain Its Beat Streak in Q2 Earnings?

The Zacks Consensus Estimate for Penske's (PAG) Q2 earnings per share and revenues is pegged at $4.38 and $7.06 billion, respectively.

4 months ago - Zacks Investment Research

Penske Automotive raises quarterly dividend to 53 cents a share versus 50 cents

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.

4 months ago - Market Watch