Penske Automotive Group, Inc. : The upward trend should continue
Entry price :
81.56$ | Target : 92.15$ | Stop-loss : 70.82$ | Potential : 12.98%
The recent break-out to the upside has created potential for further gains for shares in Penske Automotive Group, Inc.. Investors have an opportunity to buy the stock and target the $ 92.15.
The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility. Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
Its low valuation, with P/E ratio at 6.55 and 8.47 for the ongoing fiscal year and 2022 respectively, makes the stock pretty attractive with regard to earnings multiples. The stock, which is currently worth 2021 to 0.31 times its sales, is clearly overvalued in comparison with peers. Over the past year, analysts have regularly revised upwards their sales forecast for the company. Over the last 4 months, analysts have significantly revised upwards the company's estimated sales. For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner. For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised. Analysts covering this company mostly recommend stock overweighting or purchase. The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential. The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months. Historically, the company has been releasing figures that are above expectations.
The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates. As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins. The company does not generate enough profits, which is an alarming weak point. The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.
ę MarketScreener.com 2021
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26 128 M
Net income 2021
1 033 M
Net Debt 2021
1 100 M
P/E ratio 2021
7 229 M
7 229 M
EV / Sales 2021
EV / Sales 2022
Nbr of Employees
Upcoming event on PENSKE AUTOMOTIVE GROUP, INC.
Number of Analysts
Last Close Price
Average target price
Spread / Average Target