Penske Automotive Group, Inc. (PAG)
NYSE: PAG · IEX Real-Time Price · USD
155.40
-3.33 (-2.10%)
At close: Jul 19, 2024, 4:00 PM
155.41
+0.01 (0.01%)
After-hours: Jul 20, 2024, 12:58 PM EDT
Penske Automotive Group Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for PAG stock have an average target of 157.75, with a low estimate of 115 and a high estimate of 196. The average target predicts an increase of 1.51% from the current stock price of 155.40.
Analyst Consensus: Buy
* Price targets were last updated on Apr 10, 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $175 → $180 | Strong Buy | Maintains | $175 → $180 | +15.83% | Apr 10, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $107 → $115 | Sell | Maintains | $107 → $115 | -26.00% | Feb 29, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $145 → $140 | Sell | Maintains | $145 → $140 | -9.91% | Oct 31, 2023 |
| Benchmark | Benchmark | Strong Buy Reiterates $196 | Strong Buy | Reiterates | $196 | +26.13% | Oct 26, 2023 |
| JP Morgan | JP Morgan | Sell Maintains $140 → $145 | Sell | Maintains | $140 → $145 | -6.69% | Oct 12, 2023 |
Financial Forecast
Revenue This Year
30.83B
from 29.53B
Increased by 4.39%
Revenue Next Year
31.64B
from 30.83B
Increased by 2.65%
EPS This Year
13.63
from 15.50
Decreased by -12.09%
EPS Next Year
14.10
from 13.63
Increased by 3.48%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 34.1B | 35.8B | 37.7B | 39.1B | 40.5B |
| Avg | 30.8B | 31.6B | 34.4B | 37.6B | 39.0B |
| Low | 29.1B | 29.1B | 31.6B | 36.5B | 37.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.4% | 16.1% | 19.2% | 13.7% | 7.8% |
| Avg | 4.4% | 2.7% | 8.6% | 9.3% | 3.7% |
| Low | -1.4% | -5.7% | -0.2% | 6.1% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.14 | 15.91 | 15.68 | 17.14 | 19.17 |
| Avg | 13.63 | 14.10 | 14.61 | 16.48 | 18.44 |
| Low | 12.32 | 12.67 | 13.73 | 15.99 | 17.89 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -2.3% | 16.7% | 11.2% | 17.3% | 16.3% |
| Avg | -12.1% | 3.5% | 3.6% | 12.8% | 11.9% |
| Low | -20.5% | -7.0% | -2.6% | 9.4% | 8.6% |
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.