Penske Automotive Group, Inc. (PAG)
NYSE: PAG · Real-Time Price · USD
161.74
+4.51 (2.87%)
Nov 21, 2024, 12:37 PM EST - Market open
Penske Automotive Group Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for PAG stock have an average target of 170.25, with a low estimate of 160 and a high estimate of 180. The average target predicts an increase of 5.26% from the current stock price of 161.74.
Analyst Consensus: Buy
* Price targets were last updated on Sep 25, 2024.
Analyst Ratings
The average analyst rating for PAG stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 2 | 2 | 2 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Sell → Buy Upgrades $115 → $180 | Sell → Buy | Upgrades | $115 → $180 | +11.29% | Sep 25, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Initiates $161 | Hold | Initiates | $161 | -0.46% | Sep 12, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $140 → $160 | Sell | Maintains | $140 → $160 | -1.08% | Sep 10, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $135 → $140 | Sell | Maintains | $135 → $140 | -13.44% | Aug 6, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $175 → $180 | Strong Buy | Maintains | $175 → $180 | +11.29% | Jul 22, 2024 |
Financial Forecast
Revenue This Year
30.86B
from 29.53B
Increased by 4.50%
Revenue Next Year
31.78B
from 30.86B
Increased by 3.00%
EPS This Year
13.62
from 15.50
Decreased by -12.09%
EPS Next Year
14.01
from 13.62
Increased by 2.88%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 33.2B | 35.0B | 37.1B | ||
| Avg | 30.9B | 31.8B | 32.7B | ||
| Low | 29.6B | 29.6B | 30.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.4% | 13.5% | 16.8% | ||
| Avg | 4.5% | 3.0% | 3.0% | ||
| Low | 0.2% | -4.0% | -5.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.33 | 15.07 | 15.02 | ||
| Avg | 13.62 | 14.01 | 14.18 | ||
| Low | 13.03 | 13.23 | 13.38 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -7.5% | 10.6% | 7.1% | ||
| Avg | -12.1% | 2.9% | 1.2% | ||
| Low | -15.9% | -2.9% | -4.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.