Penske Automotive Group Inc. (PAG)
Penske Automotive to be taken private in $16.3 billion deal
Penske Automotive Group Inc (NYSE:PAG) agreed to be taken private by Penske Corporation and Mitsui & Co in a deal valuing the automotive and commercial truck retailer at about $16.3 billion including debt, the company said on Thursday. Shareholders outside the buyer group will receive $212 per share in cash, an 8.84% premium to Wednesday's close.
Penske Automotive Group to Be Taken Private by Penske, Mitsui
Penske Automotive Group has agreed to be taken private by its biggest investors in a deal that gives the transportation-services company an enterprise value of about $16.3 billion.
Penske (PAG) Down 1.3% Since Last Earnings Report: Can It Rebound?
Penske (PAG) reported earnings 30 days ago. What's next for the stock?
PAG Q2 Earnings Beat Estimates on Auto Sales and Service Growth
Penske Automotive beat Q2 earnings estimates as auto sales, service growth and distribution gains offset margin pressure and softer new-truck sales.
Penske Automotive Group Q2 Earnings Call Highlights
Penske Automotive Group NYSE: PAG reported second-quarter 2026 revenue of $8.5 billion, up 6% from a year earlier, as the dealership group cited growth in retail automotive, commercial trucks and international operations. The company also disclosed that its board has formed a special committee of independent directors to evaluate an unsolicited proposal from Penske Corporation and Mitsui & Co. to acquire the shares they do not already own for $210 per share in cash.
Penske (PAG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Penske (PAG) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Penske Automotive (PAG) Q2 Earnings and Revenues Beat Estimates
Penske Automotive (PAG) came out with quarterly earnings of $3.62 per share, beating the Zacks Consensus Estimate of $3.38 per share. This compares to earnings of $3.78 per share a year ago.
Penske (PAG) Soars 9.9%: Is Further Upside Left in the Stock?
Penske (PAG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Analysts Estimate Penske Automotive (PAG) to Report a Decline in Earnings: What to Look Out for
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.
Penske (PAG) Down 2% Since Last Earnings Report: Can It Rebound?
Penske (PAG) reported earnings 30 days ago. What's next for the stock?
Penske Automotive Group Pulls Ahead But Caution Is Warranted
Penske Automotive Group (PAG) stock has performed well despite Q1 results showing slower sales. Emerging green shoots in truck leasing and new truck orders could be the cause. Service and Parts remains a profit engine, offsetting weaker vehicle sales. Recent acquisitions of Toyota/Lexus dealerships increase total company sales about by 6%. Dividend yield is attractive at 3%, but growth has slowed to fund acquisitions. Leverage has increased modestly but remains manageable.
Penske Automotive Group, Inc. (PAG) Q1 2026 Earnings Call Transcript
Penske Automotive Group, Inc. (PAG) Q1 2026 Earnings Call Transcript
