Penske Automotive Group Inc. (NYSE:PAG) shares traded higher over the last trading session, gaining 1.18% on 02/12/21. The shares fell to a low of $64.92 before closing at $66.14. Intraday shares traded counted 0.15 million, which was 54.93% higher than its 30-day average trading volume of 326.92K. PAG’s previous close was $65.37 while the outstanding shares total 80.30M. The firm has a beta of 1.55, a 12-month trailing P/E ratio of 9.80, and a growth ratio of 1.40. The stock’s Relative Strength Index (RSI) is 58.94, with weekly volatility at 2.95% and ATR at 2.21. The PAG stock’s 52-week price range has touched low of $19.99 and a $67.46 high.
Investors have identified the Auto & Truck Dealerships company Penske Automotive Group Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $5.25 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Penske Automotive Group Inc. (PAG) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For PAG, the company has in raw cash 92.7 million on their books with 85.6 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 4.35 billion total, with 4.11 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 7.94 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on PAG sounds very interesting.
Is the stock of PAG attractive?
In related news, EVP & CFO, Carlson John D. Jr. sold 8,000 shares of the company’s stock in a transaction that recorded on Oct 23. The sale was performed at an average price of 55.63, for a total value of 445,040. As the sale deal closes, the Director, BARR JOHN now sold 10,000 shares of the company’s stock, valued at 489,900. Also, EVP, Gen. Counsel & Sec., Spradlin Shane M. sold 5,821 shares of the company’s stock in a deal that was recorded on Aug 12. The shares were price at an average price of 47.65 per share, with a total market value of 277,371. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.40%.
6 out of 9 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Penske Automotive Group Inc.. 0 analysts has assigned a Sell rating on the PAG stock. The 12-month mean consensus price target for the company’s shares has been set at $76.67.