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

Penske Automotive Group (NYSE:PAG) is projected 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.

Penske Automotive Group Stock Up 1.0 %

Shares of Penske Automotive Group stock opened at $170.25 on Thursday. Penske Automotive Group has a twelve month low of $142.32 and a twelve month high of $179.72. The company has a quick ratio of 0.20, a current ratio of 0.91 and a debt-to-equity ratio of 0.22. The company’s 50 day moving average is $160.08 and its 200 day moving average is $159.94. The company has a market cap of $11.37 billion, a price-to-earnings ratio of 13.05 and a beta of 1.20.

Wall Street Analysts Forecast Growth

Separately, Benchmark began coverage on Penske Automotive Group in a report on Thursday, December 12th. They set a “buy” rating on the stock. 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. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average 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.