How to Buy Penske Automotive Group Stock
Penske Automotive Group Inc
Penske Automotive Group is a auto & truck dealership company located in Michigan, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker PAG on the NYSE exchange.
Penske Automotive Group stock last closed at $155.63, up 1.42% from the previous day, and has increased 14.53% in one year. It has overperformed other stocks in the Auto & Truck Dealerships industry by 0.33 percentage points. Penske Automotive Group stock is currently +16.38% from its 52-week low of $133.72, and -13.94% from its 52-week high of $180.84.
At the moment, there are 66.99M PAG shares outstanding. The market cap of PAG is $10.43B. In the past 24 hours, 220,198 PAG shares were traded.
How to Buy Penske Automotive Group Stock
Wondering how to invest in Penske Automotive Group stock? Here's how.
- Figure out where to buy Penske Automotive Group stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Penske Automotive Group stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your payment method and add your info.
- Analyze Penske Automotive Group stock: The Penske Automotive Group ticker symbol is PAG. Is Penske Automotive Group stock a good investment? Should you buy shares of PAG? How do PAG's underlying business fundamentals look? Do top analysts think Penske Automotive Group is a good buy? Why has PAG's stock price moved recently? (Hint: Our stock market research tools can help you understand if PAG is a good stock to buy).
- Place your PAG buy order: Decide if you will purchase PAG shares at the current market price or use a limit order to purchase PAG stock at a particular price.
- Monitor your PAG position: Create a watchlist to important updates regarding your new investment in Penske Automotive Group stock.
Step 1: Figure out where to buy Penske Automotive Group stock
You will need an online brokerage account in order to access the NYSE market and buy PAG shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal info so you can buy PAG stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create your new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've created your account on a good stock buying app, you need to deposit funds:
Watch the tutorial below if you need help transferring funds into your new brokerage account.
Step 4: Analyze Penske Automotive Group stock
After you have selected the best place to buy Penske Automotive Group stock, it's very important to analyze their stock before you invest, so you truly understand the risk as well as the upside.
Penske Automotive Group stock quick numbers
Penske Automotive Group Fundamentals
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on PAG's stock page.
Is PAG stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge PAG's true value.
Using relative valuations ratios:
- PAG could be undervalued based on its P/E ratio of 10.04x, relative to Auto & Truck Dealerships industry P/E ratio of 12.57x
- PAG could be undervalued based on its P/B ratio of 2.21x, relative to Auto & Truck Dealerships industry P/B ratio of 2.38x
You can access more valuation analysis on PAG's stock here.
PAG Financial Health Overview
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the PAG balance sheet.
- PAG earnings of $1.64B is not sufficient to cover its interest payments.
- Total PAG debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the PAG balance sheet.
Negative Health Checks:
- PAG has a relatively high debt to equity ratio of 2.31.
- PAG's operating cash flow of $1.09B allows it to safely service it's debt of $7.74B.
- PAG profit margin has gone down from 5% to 3.6% in the past year.
Do analysts think it's a good time to buy Penske Automotive Group stock
Out of 3 Equities analysts who give recommendations on PAG, the consensus analyst rating on PAG is a Sell
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Penske Automotive Group stock forecast page.
PAG Technical Indicators
PAG Performance Metrics
Last year, PAG earnings were $1.05B. Over the last five year, PAG's earnings have grown by 22.89% per year. This was faster than the Auto & Truck Dealerships industry average of 12.24%.
Last year, PAG revenue was $29.53B. In the past 5 year, PAG's revenue has grown by 5.32% per year. This was slower than the Auto & Truck Dealerships industry average of 18.6%.
Dig into PAG's earnings and revenue performance here.
Latest Insiders Trades at PAG
In the last 12 months, insiders at PAG have sold more shares than they have bought.
John 1. Barr, Director of PAG, was the latest PAG insider to sell. They sold $246,480.00 worth of PAG stock on Mar 13, 2024.
Dig into more about who owns PAG shares here.
Does PAG stock generate passive income?
Penske Automotive Group pays a dividend of 1.95%, compared to the Auto & Truck Dealerships industry's average dividend yield of 1.88%. If you owned $1,000 of PAG stock, you would have been paid $19.53 in the past 12 months.
Penske Automotive Group dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Penske Automotive Group dividend yield and history here.
What others are saying about PAG
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your PAG buy order
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, place a limit order.
Hit the Open button and eToro will place the order.
If you require more help with investing in stocks on eToro, click the how to video below:
Step 6: Monitor your PAG position
Now that you own some PAG stock, you'll want to keep up with your investment.
Create a watchlist to keep track of your PAG stock.
PAG Feed
How to Buy Stock in Penske Automotive Group
To reiterate, here are the 6 steps to buy stock in Penske Automotive Group:
- Figure out where to buy Penske Automotive Group stock
- Open your brokerage account
- Put funds into your brokerage account
- Analyze Penske Automotive Group stock
- Place your PAG buy order
- Monitor your PAG position
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to monitor your investment in Penske Automotive Group, create your watchlist below.
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