After hours: 4:33PM EDT
|Bid||43.66 x 1000|
|Ask||44.47 x 1100|
|Day's Range||43.12 - 43.81|
|52 Week Range||38.49 - 53.84|
|Beta (3Y Monthly)||1.51|
|PE Ratio (TTM)||8.02|
|Earnings Date||Jul 24, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||1.46 (3.18%)|
|1y Target Est||59.63|
A major logistics company announced it is laying off 80 drivers and will close its terminal in Fort Wayne, Indiana, in July. Pennsylvania-based Penske Logistics said the closure is in response to a "recent local trucking contract termination," according to the federal Worker Adjustment and Retraining Notification (WARN) that it filed with the Indiana Department of Workforce Development on May 18. "As we have extensive trucking operations, Penske Logistics is working to identify other potential employment opportunities for these employees at other locations within the company once this contract concludes July 20," Alen Beljin, public relations manager of Penske, said in a statement to FreightWaves.
Penske Automotive Group Inc NYSE:PAGView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is moderate * Economic output in this company's sector is expanding Bearish sentimentShort interest | NeutralShort interest is moderate for PAG with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $1.79 billion over the last one-month into ETFs that hold PAG are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Penske Automotive Group Inc. said Thursday it is raising its quarterly cash dividend to 39 cents a share. The last dividend paid was 38 cents a share. The new dividend will be payable June 4 to shareholders of record as of May 20. Shares were not active premarket but have fallen 1.5% in the last 12 months, while the S&P 500 has gained 6.7%.
BLOOMFIELD HILLS, Mich. , May 9, 2019 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced that its Board of Directors has approved ...
NEW YORK , May 8, 2019 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim ...
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NEW YORK, NY / ACCESSWIRE / April 25, 2019 / Penske Automotive Group, Inc. (NYSE: PAG ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on April 25, 2019 at 2:00 ...
On a per-share basis, the Bloomfield Hills, Michigan-based company said it had net income of $1.19. Earnings, adjusted for one-time gains and costs, came to $1.25 per share. The results surpassed Wall ...
Income From Continuing Operations of $100.1 million , and Related Earnings Per Share of $1.19 Used to New Units Sold Ratio Increases to 1.34 to 1 Retail Commercial Truck Same-Store Revenue Increases 12.4% ...
Penske Truck Leasing has opened commercial heavy-duty electric vehicle charging stations with 14 high-speed chargers at four of its existing facilities in Southern California. According to Penske, these are the first direct current (DC) fast-charging stations in the U.S. designed specifically for heavy-duty commercial electric vehicles. "We're committed to being at the forefront of commercial vehicle electrification," said Brian Hard, President and CEO of Penske Truck Leasing.
Today, Penske Truck Leasing opened 14 DC fast charging stations at four facilities in Southern California. According to the company, they're the first high-speed charging stations specifically designed for heavy duty, commercial electric vehicles in the US. And they'll be used to charge semi trucks, like the Daimler Freightliners that Penske has been testing.
Penske (PAG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
BLOOMFIELD HILLS, Mich. , April 10, 2019 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), an international transportation services company, will host its first quarter financial results conference ...
Today we are going to look at Penske Automotive Group, Inc. (NYSE:PAG) to see whether it might be an attractive investment prospect. Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting s...
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Penske Automotive (PAG) have what it takes? Let's find out.