PAG RSI Chart
Last 7 days
3.4%
Last 30 days
6.2%
Last 90 days
-2.6%
Trailing 12 Months
8.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 28.2B | 28.7B | 29.3B | 29.5B |
2022 | 26.8B | 26.7B | 27.1B | 27.8B |
2021 | 21.2B | 24.5B | 25.1B | 25.6B |
2020 | 22.6B | 20.5B | 20.5B | 20.4B |
2019 | 22.6B | 22.4B | 22.7B | 23.2B |
2018 | 22.1B | 22.6B | 22.7B | 22.8B |
2017 | 20.4B | 20.5B | 20.9B | 21.4B |
2016 | 19.6B | 20.0B | 20.2B | 20.1B |
2015 | 17.7B | 18.2B | 18.8B | 19.3B |
2014 | 15.1B | 15.9B | 16.6B | 17.2B |
2013 | 13.2B | 13.5B | 14.0B | 14.4B |
2012 | 11.6B | 12.0B | 12.5B | 13.0B |
2011 | 10.5B | 10.7B | 10.9B | 11.1B |
2010 | 9.2B | 9.4B | 9.5B | 10.2B |
2009 | 0 | 10.7B | 9.9B | 9.0B |
2008 | 0 | 0 | 0 | 11.6B |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 13, 2024 | barr john | sold | -246,480 | 154 | -1,600 | - |
Feb 16, 2024 | steinhart ronald g | sold | -303,498 | 149 | -2,029 | - |
Feb 16, 2024 | smith greg c | sold | -239,601 | 149 | -1,604 | - |
Feb 16, 2024 | kurnick robert h jr | gifted | - | - | -1,200 | president |
Feb 13, 2024 | hulgrave michelle | acquired | - | - | 3,172 | evp & cfo |
Feb 13, 2024 | kurnick robert h jr | acquired | - | - | 6,344 | president |
Feb 13, 2024 | penske roger s | acquired | - | - | 31,722 | chair & ceo |
Feb 13, 2024 | denker claude h iii | acquired | - | - | 3,172 | evp - human resources |
Feb 13, 2024 | spradlin shane m. | acquired | - | - | 3,172 | evp, gen. counsel & sec. |
Dec 13, 2023 | smith greg c | acquired | - | - | 1,604 | - |
Which funds bought or sold PAG recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | added | 1.77 | -15,182 | 671,931 | -% |
Mar 14, 2024 | WALDEN WEALTH PARTNERS LLC | new | - | 266,928 | 266,928 | 0.17% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 0.27 | -12,433,900 | 326,800,000 | 0.01% |
Mar 08, 2024 | TRUST CO OF VERMONT | reduced | -3.19 | -319,638 | 4,254,800 | 0.28% |
Mar 01, 2024 | Pineridge Advisors LLC | new | - | 803 | 803 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 105 | 47,599,500 | 96,458,800 | 0.01% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -4.26 | -368,089 | 4,226,230 | 0.02% |
Feb 28, 2024 | EP Wealth Advisors, LLC | reduced | -0.11 | -12,340 | 294,215 | -% |
Feb 26, 2024 | Virtu Financial LLC | new | - | 579,000 | 579,000 | 0.05% |
Feb 26, 2024 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | unchanged | - | -49,000 | 1,208,000 | 0.01% |
Unveiling Penske Automotive Group Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Peers (Alternatives to Penske Automotive Group Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
TSLA | 572.7B | 96.8B | 38.19 | 5.92 | ||||
F | 52.3B | 176.2B | 11.99 | 0.3 | ||||
GM | 51.5B | 171.8B | 5.11 | 0.3 | ||||
APTV | 21.9B | 20.1B | 7.47 | 1.09 | ||||
KMX | 13.7B | 26.6B | 27.59 | 0.52 | ||||
MID-CAP | ||||||||
BWA | 8.0B | 15.0B | 12.76 | 0.53 | ||||
ALSN | 7.0B | 3.0B | 10.47 | 2.32 | ||||
ABG | 4.8B | 14.8B | 7.91 | 0.32 | ||||
GT | 3.9B | 20.1B | -5.6 | 0.19 | ||||
ADNT | 3.0B | 15.4B | 14.21 | 0.2 | ||||
SMALL-CAP | ||||||||
BLBD | 1.2B | 1.2B | 19.9 | 1 | ||||
AXL | 864.0M | 6.1B | -25.71 | 0.14 | ||||
CAAS | 101.7M | 546.0M | 3.27 | 0.19 | ||||
WKHS | 72.4M | 5.0M | -0.58 | 17.55 | ||||
AYRO | 8.1M | 949.9K | -0.26 | 8.55 |
Penske Automotive Group Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -2.4% | 7,272 | 7,448 | 7,469 | 7,339 | 7,012 | 6,921 | 6,907 | 6,975 | 6,296 | 6,497 | 6,988 | 5,774 | 5,812 | 5,972 | 3,651 | 5,009 | 5,892 | 5,968 | 5,756 | 5,564 | 5,439 |
Gross Profit | -2.6% | 1,188 | 1,220 | 1,273 | 1,252 | 1,183 | 1,187 | 1,237 | 1,232 | 1,179 | 1,166 | 1,183 | 913 | 898 | 957 | 553 | 777 | 867 | 870 | 868 | 852 | 808 |
S&GA Expenses | -1.1% | 844 | 854 | 858 | 845 | 816 | 793 | 818 | 798 | 791 | 758 | 750 | 664 | 626 | 643 | 454 | 642 | 685 | 673 | 669 | 666 | 645 |
EBITDA Margin | -6.8% | 0.06* | 0.06* | 0.07* | 0.07* | 0.08* | 0.08* | 0.08* | 0.08* | 0.07* | 0.07* | 0.06* | 0.05* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 35.3% | 58.00 | 43.00 | 67.00 | 48.00 | 36.00 | 28.00 | 25.00 | 25.00 | 16.00 | 22.00 | 31.00 | 27.00 | 62.00 | 25.00 | 46.00 | 36.00 | 65.00 | 37.00 | 67.00 | 36.00 | 63.00 |
Income Taxes | -30.7% | 64.00 | 92.00 | 98.00 | 107 | 96.00 | 126 | 124 | 128 | 108 | 120 | 123 | 65.00 | 62.00 | 64.00 | 17.00 | 20.00 | 38.00 | 42.00 | 42.00 | 35.00 | 30.00 |
Earnings Before Taxes | -28.2% | 256 | 357 | 400 | 407 | 395 | 467 | 500 | 498 | 420 | 476 | 464 | 248 | 263 | 312 | 61.00 | 72.00 | 139 | 158 | 160 | 134 | 127 |
EBT Margin | -9.7% | 0.05* | 0.05* | 0.06* | 0.06* | 0.07* | 0.07* | 0.07* | 0.07* | 0.06* | 0.06* | 0.05* | 0.04* | - | - | - | - | - | - | - | - | - |
Net Income | -27.6% | 191 | 263 | 301 | 298 | 298 | 340 | 374 | 368 | 311 | 355 | 339 | 183 | 200 | 247 | 45.00 | 52.00 | 102 | 116 | 118 | 100 | 98.00 |
Net Income Margin | -10.0% | 0.04* | 0.04* | 0.04* | 0.05* | 0.05* | 0.05* | 0.05* | 0.05* | 0.05* | 0.04* | 0.04* | 0.03* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -82.9% | 71.00 | 418 | 293 | 311 | 251 | 329 | 499 | 381 | -38.40 | 414 | 677 | 239 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 5.8% | 15,672 | 14,810 | 14,797 | 14,396 | 14,115 | 13,588 | 13,504 | 13,666 | 13,465 | 12,719 | 13,307 | 13,222 | 13,247 | 13,010 | 12,876 | 13,817 | 13,943 | 13,690 | 13,361 | 13,575 | 10,905 |
Current Assets | 14.1% | 5,680 | 4,979 | 5,086 | 4,823 | 4,664 | 4,210 | 4,132 | 4,266 | 4,075 | 3,577 | 4,142 | 4,359 | 4,409 | 4,349 | 4,418 | 5,396 | 5,334 | 5,188 | 5,075 | 5,283 | 5,095 |
Cash Equivalents | -7.7% | 96.00 | 104 | 120 | 101 | 107 | 92.00 | 155 | 170 | 101 | 119 | 165 | 95.00 | 50.00 | 93.00 | 159 | 432 | 28.00 | 78.00 | 44.00 | 44.00 | 39.00 |
Inventory | 16.0% | 4,293 | 3,700 | 3,881 | 3,630 | 3,509 | 3,147 | 3,055 | 3,120 | 3,129 | 2,598 | 2,937 | 3,278 | 3,426 | 3,210 | 3,426 | 4,263 | 4,261 | 4,044 | 3,978 | 4,104 | 4,040 |
Net PPE | 3.9% | 2,765 | 2,661 | 2,625 | 2,567 | 2,497 | 2,416 | 2,402 | 2,415 | 2,442 | 2,379 | 2,410 | 2,373 | 2,404 | 2,338 | 2,294 | 2,298 | 2,366 | 2,309 | 2,309 | 2,276 | 2,250 |
Goodwill | -0.5% | 2,235 | 2,246 | 2,209 | 2,163 | 2,155 | 2,113 | 2,140 | 2,157 | 2,124 | 2,051 | 2,071 | 1,929 | 1,928 | 1,901 | 1,878 | 1,869 | 1,911 | 1,877 | 1,749 | 1,761 | 1,752 |
Liabilities | 6.4% | 10,916 | 10,259 | 10,387 | 10,044 | 9,940 | 9,500 | 9,285 | 9,502 | 9,370 | 8,853 | 9,544 | 9,737 | 9,921 | 9,926 | 10,099 | 11,109 | 11,131 | 11,030 | 10,700 | 10,914 | 8,270 |
Current Liabilities | 14.3% | 5,658 | 4,949 | 5,069 | 4,761 | 4,713 | 4,313 | 4,215 | 4,413 | 4,275 | 3,837 | 4,403 | 4,589 | 4,675 | 4,109 | 4,690 | 5,229 | 5,451 | 5,347 | 5,170 | 5,376 | 5,048 |
Long Term Debt | -16.9% | 1,420 | 1,707 | 1,744 | 1,701 | 1,547 | 1,638 | 1,486 | 1,463 | 1,392 | 1,425 | 1,518 | 1,581 | 1,602 | 2,302 | 2,137 | 2,621 | 2,257 | 2,379 | 2,228 | 2,213 | 2,125 |
LT Debt, Current | 23.4% | 210 | 170 | 130 | 82.00 | 75.00 | 76.00 | 79.00 | 79.00 | 82.00 | 68.00 | 82.00 | 88.00 | 88.00 | 86.00 | 83.00 | 105 | 103 | 97.00 | 93.00 | 95.00 | 92.00 |
LT Debt, Non Current | -7.7% | 1,420 | 1,537 | 1,614 | 1,620 | 1,547 | 1,562 | 1,408 | 1,384 | 1,392 | 1,357 | 1,436 | 1,493 | 1,602 | 2,216 | 2,054 | 2,516 | 2,257 | 2,283 | 2,134 | 2,118 | 2,125 |
Shareholder's Equity | 4.5% | 4,726 | 4,523 | 4,410 | 4,351 | 4,148 | 4,088 | 4,219 | 4,164 | 4,095 | 3,866 | 3,763 | 3,485 | 3,326 | 3,084 | 2,778 | 2,708 | 2,812 | 2,659 | 2,661 | 2,661 | 2,635 |
Retained Earnings | 2.6% | 4,990 | 4,865 | 4,658 | 4,636 | 4,483 | 4,505 | 4,507 | 4,337 | 4,197 | 3,922 | 3,603 | 3,299 | 3,151 | 2,985 | 2,738 | 2,693 | 2,676 | 2,608 | 2,524 | 2,439 | 2,366 |
Additional Paid-In Capital | - | - | - | - | - | - | - | - | - | 42.00 | 111 | 284 | 318 | 312 | 301 | 296 | 296 | 320 | 317 | 357 | 428 | 478 |
Shares Outstanding | -0.2% | 67.00 | 67.00 | 67.00 | 69.00 | 70.00 | 76.00 | 77.00 | 77.00 | 80.00 | 80.00 | 81.00 | 81.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | 6.1% | 29.00 | 28.00 | 28.00 | 28.00 | 27.00 | 25.00 | 25.00 | 26.00 | 25.00 | 24.00 | 24.00 | 23.00 | 24.00 | 19.00 | 18.00 | 18.00 | 18.00 | 20.00 | 21.00 | 20.00 | 26.00 |
Float | - | - | - | 3,060 | - | - | - | 2,729 | - | - | - | 2,367 | - | - | - | 1,216 | - | - | - | 1,564 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -82.9% | 71.00 | 418 | 293 | 311 | 251 | 329 | 499 | 381 | -38.40 | 414 | 677 | 239 | 352 | 65.00 | 573 | 212 | -142 | 356 | 213 | 91.00 | 78.00 |
Cashflow From Investing | 44.8% | -110 | -200 | -155 | -105 | -57.40 | -227 | -207 | -149 | -247 | -44.50 | -313 | -18.30 | -47.90 | -40.80 | -31.70 | -16.10 | -29.30 | -381 | -72.10 | -49.90 | -233 |
Cashflow From Financing | 112.9% | 30.00 | -231 | -117 | -211 | -182 | -156 | -299 | -159 | 266 | -411 | -296 | -174 | -349 | -99.10 | -815 | 210 | 122 | 59.00 | -141 | -37.10 | 158 |
Dividend Payments | 9.7% | 53.00 | 49.00 | 45.00 | 42.00 | 41.00 | 39.00 | 38.00 | 36.00 | 36.00 | 36.00 | 36.00 | 35.00 | 34.00 | - | - | 34.00 | 34.00 | 33.00 | 32.00 | 32.00 | 32.00 |
Buy Backs | -66.1% | 5.00 | 14.00 | 242 | 110 | 276 | 309 | 173 | 119 | 67.00 | 179 | 41.00 | - | -2.50 | 0.00 | 5.00 | 29.00 | -4.90 | 44.00 | 76.00 | 54.00 | 10.00 |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Revenue: | |||
Total revenues | $ 29,527.4 | $ 27,814.8 | $ 25,554.7 |
Cost of sales: | |||
Total cost of sales | 24,593.6 | 22,976.0 | 21,113.9 |
Gross profit | 4,933.8 | 4,838.8 | 4,440.8 |
Selling, general and administrative expenses | 3,400.6 | 3,223.7 | 2,962.9 |
Impairment charges | 40.7 | 0.0 | 0.0 |
Depreciation | 141.0 | 127.3 | 121.5 |
Operating income | 1,351.5 | 1,487.8 | 1,356.4 |
Floor plan interest expense | (133.1) | (52.4) | (26.2) |
Other interest expense | (92.6) | (70.4) | (68.6) |
Debt redemption costs | 0.0 | 0.0 | (17.0) |
Loss on investment | 0.0 | 0.0 | (11.4) |
Equity in earnings of affiliates | 293.7 | 494.2 | 374.5 |
Income from continuing operations before income taxes | 1,419.5 | 1,859.2 | 1,607.7 |
Income taxes | (360.9) | (473.0) | (416.3) |
Income from continuing operations | 1,058.6 | 1,386.2 | 1,191.4 |
Income from discontinued operations, net of tax | 0.0 | 0.0 | 1.3 |
Net income | 1,058.6 | 1,386.2 | 1,192.7 |
Less: Income attributable to non-controlling interests | 5.4 | 6.2 | 4.9 |
Net income attributable to Penske Automotive Group common stockholders | $ 1,053.2 | $ 1,380.0 | $ 1,187.8 |
Basic earnings per share attributable to Penske Automotive Group common stockholders: | |||
Continuing operations (in dollars per share) | $ 15.50 | $ 18.55 | $ 14.88 |
Discontinued operations (in dollars per share) | 0.00 | 0.00 | 0.01 |
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) | $ 15.50 | $ 18.55 | $ 14.89 |
Shares used in determining basic earnings per share (in shares) | 67,963,956 | 74,394,799 | 79,746,106 |
Diluted earnings per share attributable to Penske Automotive Group common stockholders: | |||
Continuing operations (in dollars per share) | $ 15.50 | $ 18.55 | $ 14.88 |
Discontinued operations (in dollars per share) | 0.00 | 0.00 | 0.01 |
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) | $ 15.50 | $ 18.55 | $ 14.89 |
Shares used in determining diluted earnings per share (in shares) | 67,963,956 | 74,394,799 | 79,746,106 |
Amounts attributable to Penske Automotive Group common stockholders: | |||
Income from continuing operations | $ 1,058.6 | $ 1,386.2 | $ 1,191.4 |
Less: Income attributable to non-controlling interests | 5.4 | 6.2 | 4.9 |
Income from continuing operations, net of tax | 1,053.2 | 1,380.0 | 1,186.5 |
Income from discontinued operations, net of tax | 0.0 | 0.0 | 1.3 |
Net income attributable to Penske Automotive Group common stockholders | $ 1,053.2 | $ 1,380.0 | $ 1,187.8 |
Cash dividends per share (in dollars per share) | $ 2.78 | $ 2.07 | $ 1.78 |
Retail automotive dealership | |||
Revenue: | |||
Total revenues | $ 25,209.1 | $ 23,694.7 | $ 22,513.3 |
Cost of sales: | |||
Total cost of sales | 21,032.9 | 19,568.3 | 18,643.1 |
Impairment charges | 40.7 | ||
Retail commercial truck dealership | |||
Revenue: | |||
Total revenues | 3,684.3 | 3,541.3 | 2,465.7 |
Cost of sales: | |||
Total cost of sales | 3,091.9 | 2,986.2 | 2,048.8 |
Impairment charges | 0.0 | ||
Commercial vehicle distribution and other | |||
Revenue: | |||
Total revenues | 634.0 | 578.8 | 575.7 |
Cost of sales: | |||
Total cost of sales | $ 468.8 | $ 421.5 | $ 422.0 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
ASSETS | ||
Cash and cash equivalents | $ 96.4 | $ 106.5 |
Accounts receivable, net of allowance for doubtful accounts of $6.8 and $6.6 | 1,114.6 | 906.7 |
Inventories | 4,293.1 | 3,509.1 |
Other current assets | 175.6 | 141.9 |
Total current assets | 5,679.7 | 4,664.2 |
Property and equipment, net | 2,765.2 | 2,496.5 |
Operating lease right-of-use assets | 2,405.5 | 2,416.1 |
Goodwill | 2,234.9 | 2,154.7 |
Other indefinite-lived intangible assets | 748.2 | 690.9 |
Equity method investments | 1,774.9 | 1,636.9 |
Other long-term assets | 63.1 | 55.3 |
Total assets | 15,671.5 | 14,114.6 |
LIABILITIES AND EQUITY | ||
Floor plan notes payable | 2,255.6 | 1,565.7 |
Floor plan notes payable — non-trade | 1,515.9 | 1,430.6 |
Accounts payable | 866.9 | 853.5 |
Accrued expenses and other current liabilities | 809.8 | 788.1 |
Current portion of long-term debt | 209.7 | 75.2 |
Total current liabilities | 5,657.9 | 4,713.1 |
Long-term debt | 1,419.5 | 1,546.9 |
Long-term operating lease liabilities | 2,336.0 | 2,335.7 |
Deferred tax liabilities | 1,231.7 | 1,121.0 |
Other long-term liabilities | 270.8 | 223.1 |
Total liabilities | 10,915.9 | 9,939.8 |
Commitments and contingent liabilities (Note 11) | ||
Penske Automotive Group stockholders' equity: | ||
Preferred Stock, $0.0001 par value; 100,000 shares authorized; none issued and outstanding | 0.0 | 0.0 |
Common stock | 0.0 | 0.0 |
Additional paid-in capital | 0.0 | 0.0 |
Retained earnings | 4,990.3 | 4,483.3 |
Accumulated other comprehensive income (loss) | (264.1) | (335.3) |
Total Penske Automotive Group stockholders' equity | 4,726.2 | 4,148.0 |
Non-controlling interest | 29.4 | 26.8 |
Total equity | 4,755.6 | 4,174.8 |
Total liabilities and equity | 15,671.5 | 14,114.6 |
Non-voting Common Stock | ||
Penske Automotive Group stockholders' equity: | ||
Common stock | 0.0 | 0.0 |
Class C Common Stock | ||
Penske Automotive Group stockholders' equity: | ||
Common stock | $ 0.0 | $ 0.0 |