Penske Automotive Group (PAG) Projected to Post Earnings on Thursday

Penske Automotive Group (NYSE:PAG) is expected to be releasing its earnings data before the market opens on Thursday, February 13th. Analysts expect Penske Automotive Group to post earnings of $3.37 per share and revenue of $7.60 billion for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Penske Automotive Group Stock Performance

Shares of NYSE PAG opened at $166.67 on Tuesday. The company has a 50-day simple moving average of $160.07 and a 200-day simple moving average of $160.19. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.91 and a quick ratio of 0.20. The company has a market cap of $11.13 billion, a PE ratio of 12.77 and a beta of 1.20. Penske Automotive Group has a 12 month low of $142.32 and a 12 month high of $179.72.

Analyst Ratings Changes

Separately, Benchmark started coverage on shares of Penske Automotive Group in a research note on Thursday, December 12th. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Penske Automotive Group presently has a consensus rating of “Hold” and an average target price of $170.25.

Penske Automotive Group Company Profile

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.