Penske Automotive Group Inc (NYSE: PAG) has reported E.P.S. of $3.39 for its third fiscal quarter (ending September 30) versus $3.92 for the same period a year ago — a decline of -14%. For the latest four quarters through September 30, E.P.S. were $13.04 compared to $16.85 a year ago — a decline of -23%.
Recent Price Action
Penske Automotive Group Inc (NYSE: PAG) stock closed at $152.97 on 10/29/24 after a modest decline of -1.7%. Moreover, this decline was accompanied by unusually high trading volume at 172% of normal. The stock has performed in line with the market over the last nine months and has risen 0.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, PAG is expected to continue to be an important Value Builder.
Penske Automotive Group has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Penske Automotive Group has a neutral Power Rating of 50 but a good Appreciation Score of 76, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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