Penske Automotive Group, Inc. (NYSE:PAG) Projected EPS At $0.88 For Next Quarter


Penske Automotive Group, Inc. (NYSE:PAG) has a mean price target of $50.00 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.88 a share for the very next quarter and $3.89 for this year.

Technical View

The technical study of Penske Automotive Group, Inc. C demonstrates that the 50-day moving average of Penske Automotive Group, Inc. (NYSE:PAG) stock is $42.69, and is trading $6.42 points away or +15.04% from 50-day moving average of $42.69. It is trading $10.97 or +28.77% away 200-day moving average of $38.14.

The 52-week high of Penske Automotive Group, Inc. (NYSE:PAG) was $53.28 while $29.29 is the low mark in the same period. It state Penske Automotive Group, Inc. C share price has to surge more than $-4.17 to hit 52-week high or drop +67.67% to make a 52-week mark. MA here hints at moving average.

Taking the valuation part to reach the estimation of Penske Automotive Group, Inc. C, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Penske Automotive Group, Inc. (NYSE:PAG) ratio came in at 13.12, after dividing current equity price by yearly earnings. Penske Automotive Group, Inc. C stock recorded a close of $49.11 in last trading session, registering a market cap of $4.18B.

The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.

Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Penske Automotive Group, Inc. (NYSE:PAG) PEG ratio is at 1.50.

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