The leading market experts have placed a mean price target of $49.29 on Penske Automotive Group, Inc. (NYSE:PAG) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.88 a share for the upcoming quarter and $3.89 for the current fiscal.
The technical analysis of Penske Automotive Group, Inc. C plainly substantiates that the 50-day moving average of Penske Automotive Group, Inc. C is $35.55, and stock is trading $5.73 points away or +16.12% from its 50-day moving average of $35.55. Further it is trading $5.06 or +13.97% away its 200-day moving average of $36.22. Penske Automotive Group, Inc. (NYSE:PAG) 52-week high is $54.10 and the 52-week low is $29.29.
This explains if the stock moves $-12.82, it will post a 52-week high. In event of +40.94% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Penske Automotive Group, Inc. C, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Penske Automotive Group, Inc. (NYSE:PAG) ratio came in at 11.03.
The stock last ended the trading session at $41.28 and registered a market cap of $3.52B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Penske Automotive Group, Inc. (NYSE:PAG) PEG ratio is at 1.18.
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