Penske Auto downgraded by Stephens with a new price target
$PAG
Retail-Auto Dealers and Gas Stations
Consumer Discretionary
Stephens downgraded Penske Auto from Overweight to Equal-Weight and set a new price target of $185.00 from $156.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/12/2024 | Buy | The Benchmark Company | |
| 9/25/2024 | $115.00 → $180.00 | Underweight → Overweight | Morgan Stanley |
| 9/12/2024 | $161.00 | Equal-Weight | Stephens |
| 7/31/2023 | $150.00 → $140.00 | Neutral → Underweight | JP Morgan |
| 7/19/2023 | $156.00 → $185.00 | Overweight → Equal-Weight | Stephens |
| 3/8/2022 | $90.00 → $95.00 | Underweight | Morgan Stanley |
| 11/17/2021 | $90.00 | Equal-Weight → Underweight | Morgan Stanley |
| 10/28/2021 | $108.00 → $123.00 | Overweight | Stephens & Co. |
The Benchmark Company initiated coverage of Penske Auto with a rating of Buy
Morgan Stanley upgraded Penske Auto from Underweight to Overweight and set a new price target of $180.00 from $115.00 previously
Stephens initiated coverage of Penske Auto with a rating of Equal-Weight and set a new price target of $161.00
Q4 Revenue Increases 6% to $7.7 Billion, a Quarterly Record Q4 Same-Store Retail Automotive Service and Parts Revenue up 7% and Related Gross Profit up 9% Q4 Selling, General, and Administrative Expenses as a Percent of Gross Profit Decreases 70 bps to 70.3% Q4 Earnings Before Taxes Increases 23% to $315.2 Million; Earnings Per Share Increases 25% to $3.54 Q4 Earnings Before Taxes Increases 6% to $315.2 Million When Compared to Q4 Adjusted Earnings Before Taxes of $296.5 Million in Prior Year Period Q4 Earnings Per Share Increases 3% to $3.54 When Compared to Q4 Adjusted Earnings Per Share of $3.45 in Prior Year Period Board of Directors Declares the 17th Consecutive Increase in the Quarterl
BLOOMFIELD HILLS, Mich., Feb. 3, 2025 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers today announced it will release financial results for the three months and twelve months ended December 31, 2024, on the morning of Thursday, February 13, 2025. An investor presentation and earnings press release will be accessible beginning the morning of February 13, 2025 in the Investors section of the Penske Automotive Group website at www.penske
Strategic Partnership Expected to Elevate Customer Experience Acquisition Represents Third Porsche Location in Melbourne and 25th Worldwide BLOOMFIELD HILLS, Mich., Dec. 2, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers with operations across four continents and nine countries, has completed the acquisition of Porsche Centre Melbourne, located in Melbourne, Australia, from Porsche Retail Group Australia Pty Ltd. Porsche Centre Melbourne represents the Company's 25th Porsche dealership worldwide. The acquisition is expected to add $130 million
SC 13D/A - PENSKE AUTOMOTIVE GROUP, INC. (0001019849) (Subject)
SC 13D/A - PENSKE AUTOMOTIVE GROUP, INC. (0001019849) (Subject)
SC 13D/A - PENSKE AUTOMOTIVE GROUP, INC. (0001019849) (Subject)
4 - PENSKE AUTOMOTIVE GROUP, INC. (0001019849) (Issuer)
4 - PENSKE AUTOMOTIVE GROUP, INC. (0001019849) (Issuer)
4 - PENSKE AUTOMOTIVE GROUP, INC. (0001019849) (Issuer)
Q4 Revenue Increases 6% to $7.7 Billion, a Quarterly Record Q4 Same-Store Retail Automotive Service and Parts Revenue up 7% and Related Gross Profit up 9% Q4 Selling, General, and Administrative Expenses as a Percent of Gross Profit Decreases 70 bps to 70.3% Q4 Earnings Before Taxes Increases 23% to $315.2 Million; Earnings Per Share Increases 25% to $3.54 Q4 Earnings Before Taxes Increases 6% to $315.2 Million When Compared to Q4 Adjusted Earnings Before Taxes of $296.5 Million in Prior Year Period Q4 Earnings Per Share Increases 3% to $3.54 When Compared to Q4 Adjusted Earnings Per Share of $3.45 in Prior Year Period Board of Directors Declares the 17th Consecutive Increase in the Quarterl
BLOOMFIELD HILLS, Mich., Feb. 3, 2025 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers today announced it will release financial results for the three months and twelve months ended December 31, 2024, on the morning of Thursday, February 13, 2025. An investor presentation and earnings press release will be accessible beginning the morning of February 13, 2025 in the Investors section of the Penske Automotive Group website at www.penske
Strategic Partnership Expected to Elevate Customer Experience Acquisition Represents Third Porsche Location in Melbourne and 25th Worldwide BLOOMFIELD HILLS, Mich., Dec. 2, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers with operations across four continents and nine countries, has completed the acquisition of Porsche Centre Melbourne, located in Melbourne, Australia, from Porsche Retail Group Australia Pty Ltd. Porsche Centre Melbourne represents the Company's 25th Porsche dealership worldwide. The acquisition is expected to add $130 million
10-K - PENSKE AUTOMOTIVE GROUP, INC. (0001019849) (Filer)
8-K - PENSKE AUTOMOTIVE GROUP, INC. (0001019849) (Filer)
8-K - PENSKE AUTOMOTIVE GROUP, INC. (0001019849) (Filer)