Penske Automotive Group, Inc , a diversified transportation services company, operates automotive and commercial truck dealerships.
infoPenske Automotive Group is a large cap stock with a total market cap of 11.26B.
infoThey trade on the NYSE and had their IPO 26 years and 10 months ago.
infoPenske Automotive Group currently employs 27000 people.
infoAs of Wednesday, Aug 23 2023, Penske Automotive Group’s share price is $167.34.
News Relating to Penske Automotive Group
Zacks Investment Research
Penske (PAG) Shows Fast-paced Momentum But Is Still a Bargain Stock
Monday Aug 21 2023 at 10:31
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 reasonable prices.
Zacks Investment Research
What Makes Penske Automotive (PAG) an Attractive Pick?
Monday Aug 14 2023 at 12:24
Penske Automotive (PAG) is riding high on strategic acquisitions, digital capabilities, balance sheet strength and investor-friendly moves.
Zacks Investment Research
Best Momentum Stock to Buy for August 11th
Friday Aug 11 2023 at 11:32
STRL, MTW and PAG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 11, 2023.
GuruFocus
Penske Automotive Group Inc.
Wednesday Aug 02 2023 at 12:43
Penske Automotive Group Inc. ( PAG , Financial), a prominent player in the Vehicles & Parts industry, is currently trading at $175.86 per share. With a market capitalization of $11.8 billion, the company’s stock price has seen a gain of 8.15% today and a 5.19% increase over the past four weeks.
Zacks Investment Research
Penske (PAG) Q2 Earnings Mark 13th Straight Quarter of Beat
Thursday Jul 27 2023 at 13:12
While Penske (PAG) pulls off a comprehensive earnings beat in Q2, earnings decline 11% year over year despite sales growth amid adverse forex.
Seeking Alpha
Penske Automotive Group, Inc. (PAG) Q2 2023 Earnings Call Transcript
Wednesday Jul 26 2023 at 18:39
Penske Automotive Group, Inc. (NYSE:PAG ) Q2 2023 Earnings Conference Call July 26, 2023 2:00 PM ET Company Participants Anthony Pordon – EVP of IR and Corporate Development Roger Penske – Chairman and CEO Shelley Hulgrave – EVP and CFO Richard Shearing – North American Operations Randall Seymore – International Operations Conference Call Participants John Murphy – Bank of America Rajat Gupta – JPMorgan Daniel Imbro – Stephens David Whiston – Morningstar Operator Ladies and gentlemen, good afternoon. Thank you for standing by, and welcome to the Penske Automotive Group Second Quarter 2023 Earnings Conference Call.
Zacks Investment Research
Compared to Estimates, Penske (PAG) Q2 Earnings: A Look at Key Metrics
Wednesday Jul 26 2023 at 11:40
While the top- and bottom-line numbers for Penske (PAG) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Zacks Investment Research
Penske Automotive (PAG) Q2 Earnings and Revenues Beat Estimates
Wednesday Jul 26 2023 at 09:25
Penske Automotive (PAG) came out with quarterly earnings of $4.41 per share, beating the Zacks Consensus Estimate of $4.08 per share. This compares to earnings of $4.93 per share a year ago.
Market Watch
Penske Automotive hikes quarterly dividend by 9% to 72 cents a share
Wednesday Jul 19 2023 at 11:00
Penske Automotive Group Inc. PAG, +0.16% said Wednesday its board has approved a 9% increase in its quarterly dividend to 72 cents a share. The new dividend will be payable Sept.
PRNewsWire
PENSKE AUTOMOTIVE GROUP SCHEDULES SECOND QUARTER 2023 FINANCIAL RESULTS CONFERENCE CALL
Monday Jul 17 2023 at 16:25
BLOOMFIELD HILLS, Mich. , July 17, 2023 /PRNewswire/ — Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world’s premier automotive and commercial truck retailers today announced it will release second quarter 2023 financial results on the morning of Wednesday, July 26, 2023.
Zacks Investment Research
Fast-paced Momentum Stock Penske (PAG) Is Still Trading at a Bargain
Friday Jul 14 2023 at 10:25
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 reasonable prices.
Zacks Investment Research
Will Penske (PAG) Beat Estimates Again in Its Next Earnings Report?
Thursday Jul 06 2023 at 13:50
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.
Zacks Investment Research
Penske (PAG) Up 3.2% Since Last Earnings Report: Can It Continue?
Friday May 26 2023 at 12:36
Penske (PAG) reported earnings 30 days ago. What’s next for the stock?
Market Watch
Penske raises dividend by 8%
Thursday May 11 2023 at 16:14
Transportation services company Penske Automotive Group Inc. PAG, -1.31% said late Thursday its board of directors has authorized an 8% increase in the company’s quarterly dividend to 66 cents a share and an additional $250 million in a share buyback. The dividend is payable June 1 to shareholders of record as of May 22, the company said.
Zacks Investment Research
Penske (PAG) Q1 Earnings Mark 12th Straight Quarter of Beat
Monday May 01 2023 at 14:28
While Penske (PAG) pulls off a comprehensive earnings beat in Q1, earnings decline 9% year over year despite sales growth amid high manufacturing and operating expenses.
Seeking Alpha
Penske Is Steady, But The Road Ahead May Be Bumpy
Sunday Apr 30 2023 at 12:38
Penske Automotive Group has substantially outperformed the market over the past few years, but that run may not be sustainable. While Penske is a market leader fresh off of a record-breaking quarterly revenue report, stiff competition and economic headwinds may hinder that growth moving forward.
Seeking Alpha
Penske Automotive Group, Inc. (PAG) Q1 2023 Earnings Call Transcript
Wednesday Apr 26 2023 at 20:34
Penske Automotive Group, Inc. (PAG) Q1 2023 Earnings Call Transcript.
Zacks Investment Research
Penske (PAG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Wednesday Apr 26 2023 at 11:28
Although the revenue and EPS for Penske (PAG) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Zacks Investment Research
Penske Automotive (PAG) Tops Q1 Earnings and Revenue Estimates
Wednesday Apr 26 2023 at 09:54
Penske Automotive (PAG) came out with quarterly earnings of $4.31 per share, beating the Zacks Consensus Estimate of $4.03 per share. This compares to earnings of $4.76 per share a year ago.
Zacks Investment Research
What’s in Store for Penske Automotive (PAG) in Q1 Earnings?
Thursday Apr 20 2023 at 12:57
The Zacks Consensus Estimate for Penske’s (PAG) Q1 earnings per share and revenues is pegged at $3.92 and $6.74 billion, respectively.
CNBC Television
Lighting Round: Jack in the Box, Penske Automotive, Marathon Digital
Tuesday Apr 18 2023 at 19:47
“Mad Money” host Jim Cramer discusses a host of publicly-traded companies, including Jack in the Box, Penske Automotive, and Marathon Digital.
Zacks Investment Research
Is Penske Automotive Group (PAG) Stock Outpacing Its Retail-Wholesale Peers This Year?
Tuesday Apr 18 2023 at 11:27
Here is how Penske Automotive (PAG) and Portillo’s Inc. (PTLO) have performed compared to their sector so far this year.
Zacks Investment Research
Why Penske (PAG) is Poised to Beat Earnings Estimates Again
Monday Apr 17 2023 at 13:43
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.
Zacks Investment Research
Why Fast-paced Mover Penske (PAG) Is a Great Choice for Value Investors
Monday Apr 17 2023 at 09:54
Penske (PAG) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our ‘Fast-Paced Momentum at a Bargain’ screen.
CNBC Television
Auto inventories are rising, but will incentives follow suit?
Monday Mar 20 2023 at 18:59
CNBC’s Phil LeBeau looks at auto inventories on the rise. With CNBC’s Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Julie Biel.
Zacks Investment Research
Penske (PAG) Up 4.5% Since Last Earnings Report: Can It Continue?
Friday Mar 10 2023 at 13:01
Penske (PAG) reported earnings 30 days ago. What’s next for the stock?
Zacks Investment Research
Despite Fast-paced Momentum, Penske (PAG) Is Still a Bargain Stock
Wednesday Mar 08 2023 at 10:32
Penske (PAG) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our ‘Fast-Paced Momentum at a Bargain’ screen.
MarketBeat
2 Auto Dealers Booking Record Profits
Wednesday Feb 22 2023 at 08:32
The auto industry has been on a tear recently, with auto dealers, in particular, booking record profit margins on new car sales. This results from a supply shortage of new cars, often allowing dealers to sell cars well above their sticker prices.
Market Watch
Penske Automotive board adds $250 million to share buyback authorization
Friday Feb 17 2023 at 07:06
Penske Automotive Group Inc. PAG, +0.46% said Friday its board has added $250 million to its share buyback authorization, which had $3.6 million remaining outstanding as of Feb. 7. The car and commercial truck retailer bought back 8.2 million shares in 2022, equal to about 10.6% of its outstanding shares.
Forbes
Analyzing Penske Automotive Group’s Dividend Growth Potential
Thursday Feb 09 2023 at 09:34
Penske Automotive Group (PAG) is the featured stock from January’s Dividend Growth Stocks Model Portfolio.
Penske Automotive Group Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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Penske Automotive Group’s Altman Z-score is 2.92 which is in the gray zone. This indicates a level of ambiguity where further analyses are needed to evaluate the company’s financial stability accurately.
Derived from SEC.GOV filing dataopen_in_new
Penske Automotive Group Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, 1 insider has sold $490.47K of common stock in Penske Automotive Group on the stock market with no insider buying.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
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Value Analysis
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Efficiency Analysis
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