Penske Automotive Group Inc (NYSE:PAG) currently has a daily average trading volume of 255.87K but it saw 200691 shares traded in last market. With a market cap of 10.13B USD, the company’s current market price of $151.81 came rising about 1.42 while comparing to the previous closing price of $149.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $180.12 and as low as $134.05. In the recent trading on the day, stock has struck highest price mark of $150.46 while lowest mark touched by it was $153.63.
Taking a look at 20-day trading activity of Penske Automotive Group Inc (PAG) gives us an average price of $147.70, while its current price level is -15.71% below from 52-week high level whereas it is 13.25% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $157.09 while that of 200 days or SMA-200 reads an average of $158.69. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.70% during that period while stretching the period over a month that increases to 4.20%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 51.56 which implies that the stock is in neutral territory.
Morgan Stanley upgraded its recommendation for the stock as a “Overweight” from “Underweight” on September 25, 2024 while assigning a price target range of $115-$180. Stephens also issued its recommendations for the stock as it initiated the price target for the stock is $161.
Over the week, PAG’s stock price is moving 2.01% up while it is 0.84% when we observe its performance for the past one month. Year-to-date it is -0.41% down and over the past year, the stock is showing an upside performance of 0.88%.
The company is expected to be releasing its next quarterly report on 2025-Feb-12, for which analysts forecasted an EPS of 3.28 while estimate for next year EPS is 13.92. In next quarter, company is expected to be making quarterly sales of $7.91B as analysts are expecting the sales for current fiscal year at $31.12B and seeing the company making $31.98B in sales next year. Moreover, analysts are in estimates of $7.7B for current-quarter revenue.
Currently, Penske Automotive Group Inc’s total number of outstanding shares is 66.77M with 21.15% of that held by the insiders while 75.73% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 10.52% and return on equity (ROE) at 18.50%. It has a price to earnings ratio (P/E ratio) of 11.05 while having a 10.62 of forward P/E ratio. Stock’s beta reads 0.86. Stock has a price to book (P/B) ratio of 1.95 while price to sale or P/S ratio amounts to 0.33. Its return on asset (ROA) is 5.43% on average.
