Penske Automotive Group, Inc. (PAG)
NYSE: PAG · IEX Real-Time Price · USD
152.20
+3.18 (2.13%)
Apr 23, 2024, 4:00 PM EDT - Market closed
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 3.65% from the current stock price of 152.20.
Analyst Consensus: Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 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 | 3 | 3 | 3 | 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 | +18.27% | Apr 10, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $107 → $115 | Sell | Maintains | $107 → $115 | -24.44% | Feb 29, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $145 → $140 | Sell | Maintains | $145 → $140 | -8.02% | Oct 31, 2023 |
| Benchmark | Benchmark | Strong Buy Reiterates $196 | Strong Buy | Reiterates | $196 | +28.78% | Oct 26, 2023 |
| JP Morgan | JP Morgan | Sell Maintains $140 → $145 | Sell | Maintains | $140 → $145 | -4.73% | Oct 12, 2023 |
Financial Forecast
Revenue This Year
30.96B
from 29.53B
Increased by 4.87%
Revenue Next Year
31.96B
from 30.96B
Increased by 3.21%
EPS This Year
14.35
from 15.50
Decreased by -7.39%
EPS Next Year
14.90
from 14.35
Increased by 3.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 34.1B | 35.8B | 37.7B | 37.9B |
| Avg | 31.0B | 32.0B | 34.3B | 36.5B |
| Low | 29.2B | 28.8B | 31.3B | 35.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 15.4% | 15.6% | 18.1% | 10.7% |
| Avg | 4.9% | 3.2% | 7.3% | 6.5% |
| Low | -1.1% | -7.1% | -2.0% | 3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 16.00 | 16.22 | 17.02 | 17.65 |
| Avg | 14.35 | 14.90 | 15.95 | 16.98 |
| Low | 12.89 | 12.84 | 15.07 | 16.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.2% | 13.0% | 14.2% | 10.6% |
| Avg | -7.4% | 3.8% | 7.1% | 6.4% |
| Low | -16.9% | -10.6% | 1.2% | 3.3% |
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.