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PAG

PAG - Penske Automotive Group Inc Stock Price, Fair Value and News

153.36USD+0.49 (+0.32%)Delayed as of 09 May 2024, 09:52 am ET

Market Summary

PAG
USD153.36+0.49
Delayedas of 09 May 2024, 09:52 am
0.32%

PAG Stock Price

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PAG RSI Chart

PAG Valuation

Market Cap

10.2B

Price/Earnings (Trailing)

10.53

Price/Sales (Trailing)

0.34

EV/EBITDA

6.98

Price/Free Cashflow

8.25

PAG Price/Sales (Trailing)

PAG Profitability

Operating Margin

34.40%

EBT Margin

4.41%

Return on Equity

20.02%

Return on Assets

6.01%

Free Cashflow Yield

12.13%

PAG Fundamentals

PAG Revenue

Revenue (TTM)

29.6B

Rev. Growth (Yr)

1.48%

Rev. Growth (Qtr)

2.42%

PAG Earnings

Earnings (TTM)

970.1M

Earnings Growth (Yr)

-27.86%

Earnings Growth (Qtr)

12.85%

Breaking Down PAG Revenue

52 Week Range

136.45180.84
(Low)(High)

Last 7 days

0.5%

Last 30 days

-0.1%

Last 90 days

3.2%

Trailing 12 Months

8.7%

How does PAG drawdown profile look like?

PAG Financial Health

Current Ratio

0.98

Debt/Equity

0.3

Debt/Cashflow

0.85

PAG Investor Care

Dividend Yield

1.99%

Dividend/Share (TTM)

3.04

Buy Backs (1Y)

3.07%

Diluted EPS (TTM)

14.4

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202429.6B000
202328.2B28.7B29.3B29.5B
202226.8B26.7B27.1B27.8B
202121.2B24.5B25.1B25.6B
202022.6B20.5B20.5B20.4B
201922.6B22.4B22.7B23.2B
201822.1B22.6B22.7B22.8B
201720.4B20.5B20.9B21.4B
201619.6B20.0B20.2B20.1B
201517.7B18.2B18.8B19.3B
201415.1B15.9B16.6B17.2B
201313.2B13.5B14.0B14.4B
201211.6B12.0B12.5B13.0B
201110.5B10.7B10.9B11.1B
20109.2B9.4B9.5B10.2B
2009010.7B9.9B9.0B
200800011.6B
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Tracking the Latest Insider Buys and Sells of Penske Automotive Group Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 13, 2024
barr john
sold
-246,480
154
-1,600
-
Feb 16, 2024
steinhart ronald g
sold
-303,498
149
-2,029
-
Feb 16, 2024
smith greg c
sold
-239,601
149
-1,604
-
Feb 16, 2024
kurnick robert h jr
gifted
-
-
-1,200
president
Feb 13, 2024
hulgrave michelle
acquired
-
-
3,172
evp & cfo
Feb 13, 2024
kurnick robert h jr
acquired
-
-
6,344
president
Feb 13, 2024
penske roger s
acquired
-
-
31,722
chair & ceo
Feb 13, 2024
denker claude h iii
acquired
-
-
3,172
evp - human resources
Feb 13, 2024
spradlin shane m.
acquired
-
-
3,172
evp, gen. counsel & sec.
Dec 13, 2023
smith greg c
acquired
-
-
1,604
-

1–10 of 50

Which funds bought or sold PAG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 07, 2024
Inspire Investing, LLC
added
17.65
179,915
1,140,090
0.12%
May 07, 2024
Arizona State Retirement System
reduced
-1.81
-8,169
897,749
0.01%
May 07, 2024
PANAGORA ASSET MANAGEMENT INC
unchanged
-
2,752
301,301
-%
May 07, 2024
SUSQUEHANNA INTERNATIONAL GROUP, LLP
added
343
1,671,310
2,152,360
-%
May 07, 2024
NDVR, Inc.
sold off
-100
-203,045
-
-%
May 07, 2024
BRUNI J V & CO /CO
reduced
-1.47
-195,381
34,815,900
4.13%
May 07, 2024
SEI INVESTMENTS CO
reduced
-2.32
-102,634
7,270,270
0.01%
May 07, 2024
Swiss National Bank
unchanged
-
58,904
6,447,200
-%
May 07, 2024
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC
new
-
469,771
469,771
0.02%
May 07, 2024
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-10.38
-224,000
2,116,000
-%

1–10 of 48

Are Funds Buying or Selling PAG?

Are funds buying PAG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PAG
No. of Funds

Unveiling Penske Automotive Group Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jan 24, 2024
penske roger s
51.4%
34,427,877
SC 13D/A
Dec 08, 2023
penske roger s
51.3%
34,427,877
SC 13D/A
Feb 08, 2022
dimensional fund advisors lp
4.6%
3,594,674
SC 13G/A
Dec 21, 2021
mitsui & co ltd
17.0%
13,322,205
SC 13D/A
Feb 12, 2021
dimensional fund advisors lp
5.3%
4,241,667
SC 13G

Recent SEC filings of Penske Automotive Group Inc

View All Filings
Date Filed Form Type Document
Apr 30, 2024
10-Q
Quarterly Report
Apr 30, 2024
8-K
Current Report
Mar 22, 2024
DEF 14A
DEF 14A
Mar 22, 2024
DEFA14A
DEFA14A
Mar 15, 2024
4
Insider Trading
Mar 13, 2024
144
Notice of Insider Sale Intent
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading

Peers (Alternatives to Penske Automotive Group Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
557.4B
94.7B
1.04% 3.33%
40.95
5.88
10.12% 15.85%
52.0B
174.9B
1.62% 35.40%
4.87
0.3
8.79% 13.26%
48.4B
177.5B
-9.32% 2.53%
12.3
0.27
7.54% 33.01%
22.6B
20.1B
9.33% -10.92%
7.56
1.12
11.06% 348.88%
11.1B
26.5B
-15.14% -3.05%
23.1
0.42
-10.61% -1.15%
MID-CAP
8.5B
14.4B
6.77% -15.73%
13.92
0.59
5.28% -36.11%
6.6B
3.1B
-8.16% 57.48%
9.87
2.15
8.82% 17.48%
4.5B
15.4B
-1.32% 9.79%
7.87
0.29
2.10% -39.62%
3.6B
19.7B
-3.50% 9.04%
-5.58
0.18
-5.64% -9328.57%
2.6B
15.2B
-8.26% -19.29%
16.24
0.17
3.04% 1216.67%
SMALL-CAP
1.2B
1.3B
1.46% 101.56%
15.13
0.96
26.17% 337.87%
916.9M
6.2B
5.69% 10.33%
-114.61
0.15
5.67% -113.75%
106.9M
576.4M
-5.61% -21.82%
2.84
0.19
8.84% 77.79%
59.8M
13.1M
-9.52% -80.66%
-0.48
4.57
160.69% -5.67%
5.8M
498.9K
-25.81% 125.49%
-0.17
11.61
-83.32% -48.94%

Penske Automotive Group Inc News

Latest updates
Marketscreener.com • 115 minutes ago
Yahoo Singapore News • 13 hours ago
Yahoo Movies UK • 07 May 2024 • 01:19 pm
Yahoo News Australia • 07 May 2024 • 09:15 am
Yahoo Singapore News • 07 May 2024 • 12:25 am
Simply Wall St • 06 May 2024 • 10:04 pm

Penske Automotive Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue2.4%7,4487,2727,4487,4697,3397,0126,9216,9076,9756,2966,4976,9885,7745,8125,9723,6515,0095,8925,9685,7565,564
Gross Profit4.8%1,2451,1881,2201,2731,2521,1831,1871,2371,2321,1791,1661,183913898957553777867870868852
  S&GA Expenses4.2%880844854858845816793818798791758750664626643454642685673669666
EBITDA Margin-5.5%0.06*0.06*0.06*0.07*0.07*0.08*0.08*0.08*0.08*0.07*0.07*0.06*---------
Interest Expenses19.3%69.0058.0043.0067.0048.0036.0028.0025.0025.0016.0022.0031.0027.0062.0025.0046.0036.0065.0037.0067.0036.00
Income Taxes23.2%79.0064.0092.0098.0010796.0012612412810812012365.0062.0064.0017.0020.0038.0042.0042.0035.00
Earnings Before Taxes15.2%29525635740040739546750049842047646424826331261.0072.00139158160134
EBT Margin-8.2%0.04*0.05*0.05*0.06*0.06*0.07*0.07*0.07*0.07*0.06*0.06*0.05*---------
Net Income12.8%21519126330129829834037436831135533918320024745.0052.00102116118100
Net Income Margin-8.2%0.03*0.04*0.04*0.04*0.05*0.05*0.05*0.05*0.05*0.05*0.04*0.04*---------
Free Cashflow538.7%45671.00418293311251329499381-38.40414677---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets3.0%16,14715,67214,81014,79714,39614,11513,58813,50413,66613,46512,71913,30713,22213,24713,01012,87613,81713,94313,69013,36113,575
  Current Assets2.3%5,8115,6804,9795,0864,8234,6644,2104,1324,2664,0753,5774,1424,3594,4094,3494,4185,3965,3345,1885,0755,283
    Cash Equivalents21.3%11796.0010412010110792.0015517010111916595.0050.0093.0015943228.0078.0044.0044.00
  Inventory3.1%4,4244,2933,7003,8813,6303,5093,1473,0553,1203,1292,5982,9373,2783,4263,2103,4264,2634,2614,0443,9784,104
  Net PPE2.3%2,8282,7652,6612,6252,5672,4972,4162,4022,4152,4422,3792,4102,3732,4042,3382,2942,2982,3662,3092,3092,276
  Goodwill3.7%2,3172,2352,2462,2092,1632,1552,1132,1402,1572,1242,0512,0711,9291,9281,9011,8781,8691,9111,8771,7491,761
Liabilities3.5%11,30010,91610,25910,38710,0449,9409,5009,2859,5029,3708,8539,5449,7379,9219,92610,09911,10911,13111,03010,70010,914
  Current Liabilities4.5%5,9105,6584,9495,0694,7614,7134,3134,2154,4134,2753,8374,4034,5894,6754,1094,6905,2295,4515,3475,1705,376
  Long Term Debt2.9%1,6771,6291,7071,7441,7011,5471,6381,4861,4631,3921,4251,5181,5811,6022,3022,1372,6212,2572,3792,2282,213
    LT Debt, Current2.7%21521017013082.0075.0076.0079.0079.0082.0068.0082.0088.0088.0086.0083.0010510397.0093.0095.00
    LT Debt, Non Current3.0%1,4621,4201,5371,6141,6201,5471,5621,4081,3841,3921,3571,4361,4931,6022,2162,0542,5162,2572,2832,1342,118
Shareholder's Equity1.9%4,8164,7264,5234,4104,3514,1754,0884,2194,1644,0953,8663,7633,4853,3263,0842,7782,7082,8122,6592,6612,661
  Retained Earnings2.5%5,1134,9904,8654,6584,6364,4834,5054,5074,3374,1973,9223,6033,2993,1512,9852,7382,6932,6762,6082,5242,439
  Additional Paid-In Capital----------42.00111284318312301296296320317357428
Shares Outstanding-0.1%67.0067.0067.0067.0069.0070.0076.0076.0077.0080.0079.0081.00---------
Minority Interest3.1%30.0029.0028.0028.0028.0027.0025.0025.0026.0025.0024.0024.0023.0024.0019.0018.0018.0018.0020.0021.0020.00
Float----3,060---2,729---2,367---1,216---1,564-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations538.7%45671.00418293311251329499381-38.4041467723935265.00573212-14235621391.00
Cashflow From Investing-218.6%-352-110-200-155-105-57.40-227-207-149-247-44.50-313-18.30-47.90-40.80-31.70-16.10-29.30-381-72.10-49.90
Cashflow From Financing-375.5%-82.1030.00-231-117-211-182-156-299-159266-411-296-174-349-99.10-81521012259.00-141-37.10
  Dividend Payments9.9%59.0053.0049.0045.0042.0041.0039.0038.0036.0036.0036.0036.0035.0034.00--34.0034.0033.0032.0032.00
  Buy Backs578.4%33.005.0014.0024211027630917311967.0017941.00--2.500.005.0029.00-4.9044.0076.0054.00
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PAG Income Statement

2024-03-31
CONSOLIDATED CONDENSED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:  
Total revenues$ 7,447.8$ 7,339.0
Cost of sales:  
Total cost of sales6,202.66,086.7
Gross profit1,245.21,252.3
Selling, general, and administrative expenses879.8844.9
Depreciation37.833.9
Operating income327.6373.5
Floor plan interest expense(44.8)(27.9)
Other interest expense(21.3)(20.8)
Equity in earnings of affiliates33.382.1
Income before income taxes294.8406.9
Income taxes(78.6)(107.3)
Net income216.2299.6
Less: Income attributable to non-controlling interests1.01.3
Net income attributable to Penske Automotive Group common stockholders$ 215.2$ 298.3
Basic earnings per share attributable to Penske Automotive Group common stockholders:  
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)$ 3.21$ 4.31
Shares used in determining basic earnings per share (in shares)67,061,96869,201,232
Diluted earnings per share attributable to Penske Automotive Group common stockholders:  
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)$ 3.21$ 4.31
Shares used in determining diluted earnings per share (in shares)67,077,40169,218,861
Amounts attributable to Penske Automotive Group common stockholders:  
Net income$ 216.2$ 299.6
Less: Income attributable to non-controlling interests1.01.3
Net income attributable to Penske Automotive Group common stockholders$ 215.2$ 298.3
Cash dividends per share (in dollars per share)$ 0.87$ 0.61
Retail automotive dealership  
Revenue:  
Total revenues$ 6,478.0$ 6,299.8
Cost of sales:  
Total cost of sales5,420.85,237.2
Retail commercial truck dealership  
Revenue:  
Total revenues791.8895.6
Cost of sales:  
Total cost of sales647.0748.6
Commercial vehicle distribution and other  
Revenue:  
Total revenues178.0143.6
Cost of sales:  
Total cost of sales$ 134.8$ 100.9

PAG Balance Sheet

2024-03-31
CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
ASSETS  
Cash and cash equivalents$ 116.9$ 96.4
Accounts receivable, net of allowance for doubtful accounts of $6.9 and $6.81,062.81,114.6
Inventories4,424.14,293.1
Other current assets206.8175.6
Total current assets5,810.65,679.7
Property and equipment, net2,827.82,765.2
Operating lease right-of-use assets2,476.12,405.5
Goodwill2,316.62,234.9
Other indefinite-lived intangible assets836.0748.2
Equity method investments1,805.51,774.9
Other long-term assets73.963.1
Total assets16,146.515,671.5
LIABILITIES AND EQUITY  
Floor plan notes payable2,376.72,255.6
Floor plan notes payable — non-trade1,479.21,515.9
Accounts payable962.9866.9
Accrued expenses and other current liabilities876.0809.8
Current portion of long-term debt215.3209.7
Total current liabilities5,910.15,657.9
Long-term debt1,461.91,419.5
Long-term operating lease liabilities2,407.42,336.0
Deferred tax liabilities1,245.21,231.7
Other long-term liabilities275.8270.8
Total liabilities11,300.410,915.9
Commitments and contingent liabilities (Note 10)
Penske Automotive Group stockholders' equity:  
Preferred Stock, $0.0001 par value; 100,000 shares authorized; none issued and outstanding0.00.0
Common stock0.00.0
Additional paid-in capital0.00.0
Retained earnings5,113.14,990.3
Accumulated other comprehensive income (loss)(297.3)(264.1)
Total Penske Automotive Group stockholders' equity4,815.84,726.2
Non-controlling interest30.329.4
Total equity4,846.14,755.6
Total liabilities and equity16,146.515,671.5
Non-voting Common Stock  
Penske Automotive Group stockholders' equity:  
Common stock0.00.0
Class C Common Stock  
Penske Automotive Group stockholders' equity:  
Common stock$ 0.0$ 0.0
PAG
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.
 CEO
 WEBSITEpenskeautomotive.com
 INDUSTRYAutos
 EMPLOYEES27000

Penske Automotive Group Inc Frequently Asked Questions


What is the ticker symbol for Penske Automotive Group Inc? What does PAG stand for in stocks?

PAG is the stock ticker symbol of Penske Automotive Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Penske Automotive Group Inc (PAG)?

As of Wed May 08 2024, market cap of Penske Automotive Group Inc is 10.21 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PAG stock?

You can check PAG's fair value in chart for subscribers.

What is the fair value of PAG stock?

You can check PAG's fair value in chart for subscribers. The fair value of Penske Automotive Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Penske Automotive Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PAG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Penske Automotive Group Inc a good stock to buy?

The fair value guage provides a quick view whether PAG is over valued or under valued. Whether Penske Automotive Group Inc is cheap or expensive depends on the assumptions which impact Penske Automotive Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PAG.

What is Penske Automotive Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, PAG's PE ratio (Price to Earnings) is 10.53 and Price to Sales (PS) ratio is 0.34. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PAG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Penske Automotive Group Inc's stock?

In the past 10 years, Penske Automotive Group Inc has provided 0.151 (multiply by 100 for percentage) rate of return.