Zacks Research Issues Pessimistic Forecast for PAG Earnings

Penske Automotive Group, Inc. (NYSE:PAG) – Equities researchers at Zacks Research reduced their Q4 2026 EPS estimates for Penske Automotive Group in a research note issued on Wednesday, November 11th. Zacks Research analyst Team now anticipates that the company will earn $3.32 per share for the quarter, down from their previous forecast of $3.50. The consensus estimate for Penske Automotive Group’s current full-year earnings is $13.39 per share. Zacks Research also issued estimates for Penske Automotive Group’s Q1 2027 earnings at $3.18 EPS, Q2 2027 earnings at $3.56 EPS, Q3 2027 earnings at $3.40 EPS, Q4 2027 earnings at $3.47 EPS, FY2027 earnings at $13.61 EPS, Q1 2028 earnings at $3.42 EPS, Q2 2028 earnings at $3.64 EPS, Q3 2028 earnings at $3.45 EPS and FY2028 earnings at $14.17 EPS.

Several other equities analysts have also recently commented on the stock. Benchmark cut shares of Penske Automotive Group from a “buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Weiss Ratings lowered Penske Automotive Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, November 2nd. Barclays upped their target price on Penske Automotive Group from $210.00 to $212.00 and gave the company an “overweight” rating in a report on Tuesday, November 3rd. Morgan Stanley increased their price target on Penske Automotive Group from $210.00 to $212.00 and gave the company an “equal weight” rating in a research report on Monday. Finally, Stephens lifted their price target on Penske Automotive Group from $166.00 to $210.00 and gave the stock an “equal weight” rating in a report on Monday, August 3rd. Four analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $214.86.

Penske Automotive Group Trading Down 0.5%

Shares of PAG stock opened at $213.24 on Friday. Penske Automotive Group has a 52-week low of $140.12 and a 52-week high of $227.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.21 and a current ratio of 0.98. The company has a 50-day simple moving average of $209.73 and a two-hundred day simple moving average of $184.99. The company has a market capitalization of $14.00 billion, a price-to-earnings ratio of 15.55 and a beta of 0.92.

Penske Automotive Group (NYSE:PAG) last released its quarterly earnings results on Wednesday, October 28th. The company reported $3.36 earnings per share for the quarter, missing analysts’ consensus estimates of $3.37 by ($0.01). Penske Automotive Group had a net margin of 2.77% and a return on equity of 14.82%. The firm had revenue of $8.42 billion for the quarter, compared to the consensus estimate of $8.14 billion. During the same period in the previous year, the business earned $3.23 earnings per share. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis.

Institutional Trading of Penske Automotive Group

Hedge funds have recently added to or reduced their stakes in the stock. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Penske Automotive Group in the second quarter valued at about $35,000. Root Financial Partners LLC purchased a new stake in shares of Penske Automotive Group during the 3rd quarter worth approximately $44,000. Core Capital Management & Research inc. bought a new stake in shares of Penske Automotive Group in the 2nd quarter worth approximately $43,000. Parkside Financial Bank & Trust raised its holdings in shares of Penske Automotive Group by 57.1% in the 2nd quarter. Parkside Financial Bank & Trust now owns 245 shares of the company’s stock worth $44,000 after purchasing an additional 89 shares during the period. Finally, Versant Capital Management Inc raised its holdings in shares of Penske Automotive Group by 179.0% in the 2nd quarter. Versant Capital Management Inc now owns 279 shares of the company’s stock worth $50,000 after purchasing an additional 179 shares during the period. Institutional investors own 77.08% of the company’s stock.

Penske Automotive Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Friday, November 13th will be issued a dividend of $1.46 per share. This represents a $5.84 dividend on an annualized basis and a yield of 2.7%. This is a boost from Penske Automotive Group’s previous quarterly dividend of $1.44. The ex-dividend date is Friday, November 13th. Penske Automotive Group’s dividend payout ratio is 42.01%.

Recent Penske Automotive Group Headlines

Here are a few of the latest headlines about PAG:

• Positive Sentiment: Zacks raised its Q2 2027 EPS estimate slightly, to $3.56 from $3.55. Penske Automotive Group analyst estimates
• Neutral Sentiment: A separate report put analysts’ average target price at $214.86, broadly near the $213.24 opening price in the supplied background data; this does not point to substantial expected upside. Average target price report
• Neutral Sentiment: Brodsky & Smith announced an investigation involving PAG, but the notice provided no details about its subject or potential impact, so its significance is unclear. Shareholder investigation notice

Penske Automotive Group Company Profile

Penske Automotive Group is an international automotive and commercial vehicle retailer. The company operates franchised dealerships that sell new and used vehicles, along with parts and maintenance, repair, financing and insurance services. Its automotive dealerships represent a range of manufacturers, with a focus on premium and luxury brands. Penske also operates commercial truck dealerships, which sell new and used trucks and provide parts and service to business customers. Founded by Roger Penske, the company serves customers primarily in the United States and also has operations in several international markets, including the United Kingdom, Germany, Italy, Australia and Japan.