Penske Automotive Group (PAG) Expected to Announce Earnings on Wednesday

Penske Automotive Group (NYSE:PAG) will likely be issuing its quarterly earnings data before the market opens on Wednesday, February 5th. Analysts expect the company to announce earnings of $3.23 per share and revenue of $7.60 billion for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Penske Automotive Group Price Performance

NYSE PAG opened at $163.94 on Tuesday. The company has a market capitalization of $10.95 billion, a PE ratio of 12.56 and a beta of 1.20. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.20 and a current ratio of 0.91. The business’s fifty day moving average is $159.98 and its 200 day moving average is $159.77. Penske Automotive Group has a fifty-two week low of $142.32 and a fifty-two week high of $179.72.

Analyst Upgrades and Downgrades

Separately, Benchmark started coverage on Penske Automotive Group in a report on Thursday, December 12th. They set a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Penske Automotive Group has a consensus rating of “Hold” and a consensus price target of $170.25.

About Penske Automotive Group

Penske Automotive Group, Inc, a diversified transportation services company, operates automotive and commercial truck dealerships worldwide. 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.