Yahoo Finance • 2 months ago

Is Penske Automotive Group Inc. (PAG) the Best Used Car Stock to Buy According to Hedge Funds?

We recently compiled a list of the 10 Best Used Car Stocks To Buy According to Hedge Funds.In this article, we are going to take a look at where Penske Automotive Group Inc. (NYSE:PAG) stands against the other car stocks. Used Car Prices... Full story

Yahoo Finance • 6 months ago

Cheat sheet: What you need to know about about the great car dealer software hack

Having trouble recently buying a car at a dealer or getting them to service your car? The likely culprit is a cyberattack on CDK Global, a software provider that thousands of dealers and service centers use for critical pieces of their bu... Full story

Yahoo Finance • 10 months ago

Director Greg Smith Sells Shares of Penske Automotive Group Inc

Director Greg Smith has sold 1,604 shares of Penske Automotive Group Inc (NYSE:PAG) on February 16, 2024, according to a recent SEC Filing. The transaction was executed at a price of $149.38 per share, resulting in a total sale amount of $... Full story

Yahoo Finance • 10 months ago

Decoding Penske Automotive Group Inc (PAG): A Strategic SWOT Insight

Comprehensive SWOT analysis based on the latest 10-K filing. Insight into PAG's financial performance, highlighting a diversified portfolio and digital strategy. Exploration of PAG's market positioning and future growth opportunities. Asse... Full story

Yahoo Finance • 10 months ago

Penske Automotive Group, Inc. (NYSE:PAG) Q4 2023 Earnings Call Transcript

Penske Automotive Group, Inc. (NYSE:PAG) Q4 2023 Earnings Call Transcript February 7, 2024 Penske Automotive Group, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Op... Full story

Yahoo Finance • 11 months ago

20 Countries with the Lowest Income Tax Rates in the World

In this article, we will look at 20 countries with the lowest income tax rates in the world. If you want to skip our detailed analysis, head straight to 5 Countries with the Lowest Income Tax Rates in the World. The revenue model of the g... Full story

Yahoo Finance • 11 months ago

PENSKE AUTOMOTIVE GROUP NAMED BY GLASSDOOR AS ONE OF THE "BEST PLACES TO WORK" for 2024

BLOOMFIELD HILLS, Mich., Jan. 11, 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, is plea... Full story

Yahoo Finance • last year

PENSKE AUTOMOTIVE GROUP TO EXPAND PRESENCE IN THE UNITED KINGDOM

Signs Agreement to Acquire 15 Premium Dealerships Representing Estimated Annualized Revenue of $1 Billion BLOOMFIELD HILLS, Mich., Dec. 11, 2023 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transp... Full story

Yahoo Finance • last year

Here's What We Like About Penske Automotive Group's (NYSE:PAG) Upcoming Dividend

Penske Automotive Group, Inc. (NYSE:PAG) is about to trade ex-dividend in the next four days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company's books... Full story

Yahoo Finance • last year

Gabelli Funds 47th Annual Auto Symposium October 30th and October 31st

RYE, N.Y., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, will host the 47th Annual Auto Symposium at the Encore at Wynn in Las Vegas beginning on October 30, 2023. This two-day symposium will feature presentations by senior manag... Full story

Yahoo Finance • 2 years ago

Penske Automotive's Q1 Performance Exceeds Expectations Despite Inventory Challenges & Cost Pressures

Penske Automotive Group Inc (NYSE: PAG) reported first-quarter FY23 sales growth of 5.2% year-on-year to $7.34 billion, beating the consensus of $6.99 billion. Foreign currency exchange negatively impacted revenue by $294.2 million. Exclud... Full story

Yahoo Finance • 2 years ago

10 Best Used Car Stocks To Buy According to Hedge Funds

In this article, we discuss 10 best used car stocks to buy according to hedge funds. If you want to skip the detailed analysis of the used cars industry, go directly to 5 Best Used Car Stocks To Buy According to Hedge Funds. The used car... Full story

Yahoo Finance • 2 years ago

Calculating The Intrinsic Value Of Penske Automotive Group, Inc. (NYSE:PAG)

Key Insights The projected fair value for Penske Automotive Group is US$162 based on 2 Stage Free Cash Flow to Equity Current share price of US$132 suggests Penske Automotive Group is potentially trading close to its fair value Our fair v... Full story

Yahoo Finance • 2 years ago

Penske Automotive board adds $250 million to share buyback authorization

MARKET PULSE Penske Automotive Group Inc. (PAG) said Friday its board has added $250 million to its share buyback authorization, which had $3.6 million remaining outstanding as of Feb. 7. The car and commercial truck retailer bought back 8... Full story

Yahoo Finance • 2 years ago

PENSKE AUTOMOTIVE GROUP REPORTS RECORD RESULTS

Record Q4 Revenue and Earnings Per Share Q4 Revenue Increased 11% to $7.0 Billion; Earnings Per Share Increased 6% to $4.21 Full Year 2022 Record Results for Revenue, Earnings Before Taxes, Income From Continuing Operations, and Earnings... Full story

Yahoo Finance • 2 years ago

Penske Automotive raises quarterly dividend by 7% to 61 cents a share

MARKET PULSE Penske Automotive Group Inc. (PAG) said Wednesday its board has agreed to raise its quarterly dividend by 7%, or 4 cents a share, to 61 cents. The car and truck retailer said the new dividend will be payable March 1 to shareho... Full story

Yahoo Finance • 2 years ago

11 Most Undervalued Auto Stocks According to Hedge Funds

In this article, we discuss 11 most undervalued auto stocks according to hedge funds. If you want to see more stocks in this selection, check out 5 Most Undervalued Auto Stocks According To Hedge Funds. The automotive industry has been pl... Full story

Yahoo Finance • 2 years ago

PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND

Dividend Increased by $0.04 per share, or 7.5%, to $0.57 BLOOMFIELD HILLS, Mich., Oct. 20, 2022 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's... Full story

Yahoo Finance • 2 years ago

Penske Truck Leasing Canada Inc. -- Moody's assigns a Prime-2 rating to Penske Truck Leasing Co., LP's new commercial paper program

Rating Action: Moody's assigns a Prime-2 rating to Penske Truck Leasing Co., LP's new commercial paper programGlobal Credit Research - 19 Aug 2022New York, August 19, 2022 -- Moody's Investors Service ("Moody's") assigned a Prime-2 rating... Full story

Yahoo Finance • 2 years ago

Dow Jones Futures: S&P 500 Pauses At Resistance, 5 Stocks In Buy Zones; Meme Mania Returns

The S&P 500 came within 1 point of its 200-day line, but the market rally doesn't seem inclined to pull back. Bed Bath & Beyond soared, signaling meme stock speculation isn't over.... Full story