Penske Automotive Group, Inc. which can be found using ticker (PAG) have now 5 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 180 and 88 calculating the mean target price we have $151.60. Now with the previous closing price of $132.82 this indicates there is a potential upside of 14.1%. Also worth taking note is the 50 day moving average now sits at $135.28 and the 200 moving average now moves to $118.36. The company has a market capitalization of $9,280m. Company Website: https://www.penskeautomotive.com
The potential market cap would be $10,592m based on the market consensus.
Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships in the United States and internationally. 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 is also involved in the sale of new and used motor vehicles, maintenance and repair services, sale and placement of third-party finance and insurance products, third-party extended service and maintenance contracts, replacement and aftermarket automotive products, collision repair services, and wholesale of parts. In addition, it operates a heavy and medium duty truck dealership, which offers Freightliner and Western Star branded trucks, as well as offers a range of used trucks. Further, it imports and distributes Western Star heavy-duty trucks, MAN heavy and medium duty trucks and buses, and Dennis Eagle refuse collection vehicles with associated parts. Additionally, the company distributes diesel and gas engines, and power systems. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan.
The company has a dividend yield of 1.85% with the ex dividend date set at 9-2-2023 (DMY).
Other points of data to note are a P/E ratio of 7.19, revenue per share of 373.88 and a 6.74% return on assets.
