What Are The Chances Of Penske Automotive Group Inc (NYSE: PAG) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NYSE listed company, PAG falls under the Consumer Cyclical sector while operating within the Auto & Truck Dealerships industry segment. The current market capitalization of Penske Automotive Group Inc is $10.72B. A total of 0.22 million shares were traded on the day, compared to an average of 161.45K shares.

In the most recent transaction, BARR JOHN sold 716 shares of PAG for 170.71 per share on Aug 01 ’24. After the transaction, the Director now owns 0 company shares. In a previous transaction on Aug 01 ’24, BARR JOHN bought 716 shares at 170.71 per share.

Among the insiders who sold shares, Hulgrave Michelle disposed of 2,000 shares on Jun 03 ’24 at a per-share price of $153.15. This resulted in the EVP & CFO holding 19,269 shares of PAG after the transaction. In another insider transaction, BARR JOHN sold 1,600 shares at $154.05 per share on Mar 13 ’24. Company shares held by the Director now total 716.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Penske Automotive Group Inc pays an annual dividend of $4.09, resulting in a dividend yield of 2.55%, and it has a price to earnings (P/E) ratio of 12.31. PAG’s most recent ex-dividend date was 2.6% when it declared a $1.19 quarterly dividend that was paid in cash on 11/15/2024. Previously, the company paid the dividend on 8/15/2024 with an ex-dividend date of 2.3%. The PAG stock dividend was $1.07 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, PAG has a high of $179.72 and a low of $142.32.

As of this writing, PAG has an earnings estimate of $3.3 per share for the current quarter. EPS was calculated based on a consensus of 9.0 estimates, with a high estimate of $3.5 per share and a lower estimate of $3.05.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. PAG’s latest balance sheet shows that the firm has $100.70M in Cash & Short Term Investments as of fiscal 2021. There were $6.40B in debt and $4.27B in liabilities at the time. Its Book Value Per Share was $77.93, while its Total Shareholder’s Equity was $4.09B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PAG is Buy with a score of 3.71.

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