Penske Automotive Group (PAG) to Release Quarterly Earnings on Thursday

Penske Automotive Group (NYSE:PAG) is expected to announce its earnings results before the market opens on Thursday, February 13th. Analysts expect the company to announce earnings of $3.37 per share and revenue of $7.60 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Penske Automotive Group Price Performance

Penske Automotive Group stock opened at $165.46 on Wednesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.20 and a current ratio of 0.91. Penske Automotive Group has a 52 week low of $142.32 and a 52 week high of $179.72. The stock has a market capitalization of $11.05 billion, a P/E ratio of 12.68 and a beta of 1.20. The stock has a fifty day moving average of $160.05 and a 200-day moving average of $160.22.

Analyst Upgrades and Downgrades

Separately, Benchmark initiated coverage on shares of Penske Automotive Group in a report on Thursday, December 12th. They issued a “buy” rating for the company. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price 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.