Penske Automotive Group (PAG) Stock Forecast, Price Target & Predictions
PAG Stock Forecast
Penske Automotive Group stock forecast is as follows: an average price target of $180.00 (represents a 14.37% upside from PAG’s last price of $157.38) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
PAG Price Target
The average price target for Penske Automotive Group (PAG) is $180.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $180.00 to $180.00. This represents a potential 14.37% upside from PAG's last price of $157.38.
PAG Analyst Ratings
According to 4 Wall Street analysts, Penske Automotive Group's rating consensus is 'Buy'. The analyst rating breakdown for PAG stock is 0 'Strong Buy' (0.00%), 2 'Buy' (50.00%), 1 'Hold' (25.00%), 1 'Sell' (25.00%), and 0 'Strong Sell' (0.00%).
Penske Automotive Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 25, 2024 | Adam Jonas | Morgan Stanley | $180.00 | $160.85 | 11.91% | 14.37% |
| Apr 30, 2024 | Garrett Nelson | CFRA | $125.00 | $152.91 | -18.25% | -20.57% |
| Jul 14, 2022 | Morgan Stanley | $93.00 | $102.31 | -9.10% | -40.91% |
The latest Penske Automotive Group stock forecast, released on Sep 25, 2024 by Adam Jonas from Morgan Stanley, set a price target of $180.00, which represents a 11.91% increase from the stock price at the time of the forecast ($160.85), and a 14.37% increase from PAG last price ($157.38).
Penske Automotive Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $180.00 | $152.50 |
| Last Closing Price | $157.38 | $157.38 | $157.38 |
| Upside/Downside | -100.00% | 14.37% | -3.10% |
In the current month, the average price target of Penske Automotive Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Penske Automotive Group's last price of $157.38. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 25, 2024 | Morgan Stanley | Underweight | Overweight | Upgrade |
| Sep 11, 2024 | Stephens | Equal-Weight | Initialise | |
| Apr 30, 2024 | CFRA | Sell | Sell | Hold |
| Apr 11, 2023 | Benchmark | Buy | Buy | Hold |
| Jul 14, 2022 | Morgan Stanley | Underweight | Underweight | Hold |
Penske Automotive Group's last stock rating was published by Morgan Stanley on Sep 25, 2024. The company Upgrade its PAG rating from "Underweight" to "Overweight".
Penske Automotive Group Financial Forecast
Penske Automotive Group Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.45B | $7.47B | $7.34B | $7.01B | $6.92B | $6.91B | $6.98B | $6.30B | $6.50B | $6.99B | $5.77B | $5.81B | $5.97B | $3.65B | $5.01B | $5.89B | $5.97B |
| Avg Forecast | $7.78B | $7.66B | $7.79B | $7.64B | $7.63B | $7.66B | $7.80B | $7.64B | $7.58B | $7.67B | $7.59B | $7.52B | $7.20B | $7.28B | $7.20B | $7.02B | $6.42B | $6.79B | $7.01B | $6.34B | $6.21B | $6.42B | $6.20B | $5.44B | $5.74B | $5.58B | $3.99B | $5.24B | $5.78B | $5.90B |
| High Forecast | $7.88B | $7.76B | $7.89B | $7.74B | $7.73B | $7.76B | $7.90B | $7.68B | $7.75B | $7.69B | $7.59B | $7.52B | $7.66B | $7.59B | $7.29B | $7.11B | $6.51B | $6.79B | $7.01B | $6.34B | $6.21B | $6.42B | $6.20B | $5.44B | $5.74B | $5.58B | $3.99B | $5.24B | $5.78B | $5.90B |
| Low Forecast | $7.64B | $7.51B | $7.64B | $7.50B | $7.49B | $7.51B | $7.65B | $7.59B | $7.44B | $7.66B | $7.59B | $7.52B | $6.87B | $7.04B | $7.06B | $6.89B | $6.30B | $6.79B | $7.01B | $6.34B | $6.21B | $6.42B | $6.20B | $5.44B | $5.74B | $5.58B | $3.99B | $5.24B | $5.78B | $5.90B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 6 | 3 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 8 | 8 | 9 | 12 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.04% | 1.05% | 1.09% | 1.02% | 0.99% | 1.10% | 1.01% | 1.01% | 1.13% | 1.06% | 1.01% | 1.07% | 0.92% | 0.96% | 1.02% | 1.01% |
Penske Automotive Group's average Quarter revenue forecast for Dec 23 based on 4 analysts is $7.20B, with a low forecast of $6.87B, and a high forecast of $7.66B. PAG's average Quarter revenue forecast represents a -3.35% decrease compared to the company's last Quarter revenue of $7.45B (Sep 23).
Penske Automotive Group EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 6 | 3 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 8 | 8 | 9 | 12 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $451.90M | $489.40M | $489.50M | $468.10M | $530.40M | $557.30M | $553.50M | $469.00M | $527.60M | $520.10M | $303.70M | $329.90M | $378.50M | $129.60M | $149.70M | $219.60M | $240.40M |
| Avg Forecast | $381.19M | $375.01M | $381.37M | $374.36M | $373.73M | $375.03M | $381.80M | $374.01M | $371.05M | $375.75M | $371.54M | $566.30M | $352.56M | $356.34M | $352.42M | $514.82M | $455.45M | $384.68M | $397.25M | $406.97M | $351.95M | $364.09M | $351.63M | $228.19M | $325.17M | $316.36M | $226.09M | $160.55M | $327.73M | $334.29M |
| High Forecast | $386.13M | $379.86M | $386.31M | $379.21M | $378.57M | $379.88M | $386.74M | $376.06M | $379.41M | $376.58M | $371.54M | $679.56M | $375.12M | $371.49M | $356.98M | $617.78M | $546.54M | $384.68M | $397.25M | $488.37M | $351.95M | $364.09M | $351.63M | $273.83M | $325.17M | $316.36M | $226.09M | $192.66M | $327.73M | $334.29M |
| Low Forecast | $374.04M | $367.97M | $374.21M | $367.34M | $366.72M | $367.99M | $374.64M | $371.96M | $364.16M | $374.92M | $371.54M | $453.04M | $336.38M | $344.94M | $345.81M | $411.86M | $364.36M | $384.68M | $397.25M | $325.58M | $351.95M | $364.09M | $351.63M | $182.56M | $325.17M | $316.36M | $226.09M | $128.44M | $327.73M | $334.29M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.27% | 1.39% | 0.95% | 1.03% | 1.38% | 1.40% | 1.36% | 1.33% | 1.45% | 1.48% | 1.33% | 1.01% | 1.20% | 0.57% | 0.93% | 0.67% | 0.72% |
4 analysts predict PAG's average Quarter EBITDA for Dec 23 to be $352.56M, with a high of $375.12M and a low of $336.38M. This is -21.98% lower than Penske Automotive Group's previous annual EBITDA (Sep 23) of $451.90M.
Penske Automotive Group Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 6 | 3 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 8 | 8 | 9 | 12 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $263.40M | $300.80M | $298.30M | $298.00M | $340.10M | $374.00M | $367.90M | $312.00M | $355.10M | $338.90M | $182.50M | $200.20M | $246.60M | $45.10M | $51.70M | $101.60M | $116.20M |
| Avg Forecast | $234.75M | $240.09M | $242.09M | $221.39M | $223.51M | $236.20M | $236.64M | $215.05M | $219.55M | $227.94M | $226.68M | $377.50M | $240.82M | $270.02M | $278.67M | $343.18M | $302.31M | $293.84M | $299.02M | $271.29M | $256.04M | $236.88M | $196.06M | $137.13M | $142.64M | $110.30M | $28.43M | $55.45M | $81.16M | $94.66M |
| High Forecast | $238.70M | $244.13M | $246.17M | $225.12M | $227.27M | $240.17M | $240.62M | $218.67M | $223.50M | $230.94M | $226.68M | $453.00M | $257.93M | $275.36M | $283.36M | $411.82M | $362.77M | $293.84M | $299.02M | $325.55M | $256.04M | $236.88M | $196.06M | $164.55M | $142.64M | $110.30M | $28.43M | $66.54M | $81.16M | $94.66M |
| Low Forecast | $229.02M | $234.24M | $236.19M | $215.99M | $218.06M | $230.44M | $230.87M | $214.34M | $215.61M | $224.94M | $226.67M | $302.00M | $220.42M | $267.34M | $271.87M | $274.55M | $241.85M | $293.84M | $299.02M | $217.03M | $256.04M | $236.88M | $196.06M | $109.70M | $142.64M | $110.30M | $28.43M | $44.36M | $81.16M | $94.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.08% | 0.87% | 0.99% | 1.16% | 1.25% | 1.36% | 1.22% | 1.50% | 1.73% | 1.33% | 1.40% | 2.24% | 1.59% | 0.93% | 1.25% | 1.23% |
Penske Automotive Group's average Quarter net income forecast for Dec 23 is $240.82M, with a range of $220.42M to $257.93M. PAG's average Quarter net income forecast represents a -8.57% decrease compared to the company's last Quarter net income of $263.40M (Sep 23).
Penske Automotive Group SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 6 | 3 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 8 | 8 | 9 | 12 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $853.50M | $858.10M | $844.90M | $815.50M | $792.70M | $817.70M | $797.80M | $791.10M | $757.70M | $749.80M | $664.30M | $625.80M | $643.30M | $453.60M | $641.80M | $685.10M | $672.80M |
| Avg Forecast | $901.08M | $886.45M | $901.49M | $884.93M | $883.44M | $886.50M | $902.50M | $884.10M | $877.10M | $888.22M | $878.26M | $818.62M | $833.40M | $842.34M | $833.06M | $744.20M | $768.25M | $785.82M | $811.50M | $588.30M | $718.96M | $743.76M | $718.30M | $499.14M | $664.27M | $646.25M | $461.85M | $688.31M | $669.48M | $682.88M |
| High Forecast | $912.74M | $897.93M | $913.16M | $896.38M | $894.87M | $897.97M | $914.19M | $888.95M | $896.87M | $890.18M | $878.26M | $982.34M | $886.72M | $878.14M | $843.85M | $893.04M | $921.90M | $785.82M | $811.50M | $705.96M | $718.96M | $743.76M | $718.30M | $598.97M | $664.27M | $646.25M | $461.85M | $825.97M | $669.48M | $682.88M |
| Low Forecast | $884.18M | $869.82M | $884.58M | $868.33M | $866.87M | $869.87M | $885.58M | $879.25M | $860.81M | $886.25M | $878.26M | $654.89M | $795.15M | $815.39M | $817.44M | $595.36M | $614.60M | $785.82M | $811.50M | $470.64M | $718.96M | $743.76M | $718.30M | $399.31M | $664.27M | $646.25M | $461.85M | $550.65M | $669.48M | $682.88M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.03% | 1.14% | 1.06% | 1.01% | 1.01% | 1.36% | 1.10% | 1.02% | 1.04% | 1.33% | 0.94% | 1.00% | 0.98% | 0.93% | 1.02% | 0.99% |
Penske Automotive Group's average Quarter SG&A projection for Dec 23 is $833.40M, based on 4 Wall Street analysts, with a range of $795.15M to $886.72M. The forecast indicates a -2.36% fall compared to PAG last annual SG&A of $853.50M (Sep 23).
Penske Automotive Group EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 6 | 3 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 8 | 8 | 9 | 12 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.92 | $4.41 | $4.31 | $4.21 | $4.61 | $4.93 | $4.76 | $3.99 | $4.47 | $4.20 | $2.26 | $2.49 | $3.07 | $0.56 | $0.64 | $1.25 | $1.42 |
| Avg Forecast | $3.52 | $3.60 | $3.63 | $3.31 | $3.35 | $3.54 | $3.54 | $3.22 | $3.29 | $3.41 | $3.39 | $3.37 | $3.61 | $4.04 | $4.17 | $4.09 | $3.95 | $4.39 | $4.47 | $3.77 | $3.83 | $3.54 | $2.93 | $1.81 | $2.13 | $1.65 | $0.42 | $0.70 | $1.21 | $1.42 |
| High Forecast | $3.57 | $3.66 | $3.69 | $3.37 | $3.40 | $3.60 | $3.60 | $3.27 | $3.35 | $3.46 | $3.39 | $3.37 | $3.86 | $4.12 | $4.24 | $4.16 | $4.02 | $4.39 | $4.47 | $3.77 | $3.83 | $3.54 | $2.93 | $1.81 | $2.13 | $1.65 | $0.42 | $0.70 | $1.21 | $1.42 |
| Low Forecast | $3.43 | $3.51 | $3.54 | $3.23 | $3.27 | $3.45 | $3.46 | $3.21 | $3.23 | $3.37 | $3.39 | $3.37 | $3.30 | $4.00 | $4.07 | $3.99 | $3.86 | $4.39 | $4.47 | $3.77 | $3.83 | $3.54 | $2.93 | $1.81 | $2.13 | $1.65 | $0.42 | $0.70 | $1.21 | $1.42 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.06% | 1.05% | 1.06% | 1.05% | 1.10% | 1.26% | 1.04% | 1.26% | 1.43% | 1.25% | 1.17% | 1.86% | 1.32% | 0.91% | 1.03% | 1.00% |
According to 4 Wall Street analysts, Penske Automotive Group's projected average Quarter EPS for Dec 23 is $3.61, with a low estimate of $3.30 and a high estimate of $3.86. This represents a -8.01% decrease compared to PAG previous annual EPS of $3.92 (Sep 23).
Penske Automotive Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AN | AutoNation | $170.49 | $229.00 | 34.32% | Buy |
| PAG | Penske Automotive Group | $161.76 | $180.00 | 11.28% | Buy |
| GPI | Group 1 Automotive | $421.48 | $430.00 | 2.02% | Buy |
| LAD | Lithia Motors | $370.77 | $363.00 | -2.10% | Buy |
| SAH | Sonic Automotive | $65.41 | $62.33 | -4.71% | Buy |
| ABG | Asbury Automotive Group | $252.30 | $236.50 | -6.26% | Hold |