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Penske Automotive Group PAG

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    1. Penske Reports Record Fourth-Quarter Results; We See Good Numbers Despite Sell-Off

      Commentary

      Wed, 11 Feb 2015

      We are maintaining our moat rating and fair value estimate for auto dealer Penske Automotive Group after the company reported fourth-quarter results that disappointed the market, sending the stock down over 9% on the morning

    2. Mike Jackson to Remain AutoNation's CEO Through at Least 2019, Adds President Role

      Commentary

      Thu, 15 Jan 2015

      new vehicle in the near future. Jackson has said in the past that he benchmarks his career tenure to that of Penske Automotive Group ’s founder, CEO, and Chairman Roger Penske, 77, so we had not been expecting Jackson to retire soon even

    3. Berkshire’s Entrance Won’t Radically Alter Dealership Landscape

      Headlines

      Thu, 2 Oct 2014

      AutoNation)." On the family side this leaves Penske Automotive Group PAG Sonic Automotive SAH,and Lithia Motors LAD ..... its own vision. Roger Penske, 77, controls Penske Automotive Group but has said in the past that he has no plans

    4. Moats Drive Auto Dealerships

      Headlines

      Mon, 31 Mar 2014

      capital of 8.5%-9% and generate economic profit, defined as return on invested capital exceeding WACC. Penske Automotive Group 's PAG focus on luxury brands and leasing most of its real estate drags down its ROIC compared with peers. The

    5. Penske Ends 2013 With Record Fourth Quarter; Raising Fair Value Estimate

      Commentary

      Thu, 13 Feb 2014

      Penske Automotive Group reported a record quarter to finish 2013, with adjusted diluted earnings per share of $0.68, up 19.3% from the prior year

    6. AutoNation's CFO Resigns, Firm to Search for Replacement

      Commentary

      Wed, 8 Jan 2014

      Jackson has said publicly that he intends to stay on the job for many years to come and said he paces himself to Penske Automotive Group ’s chairman and CEO, Roger Penske. Penske is 76 years old and Jackson is 64 according to each firms’ latest

    7. Penske Automotive Reports Record Third-Quarter Results; No Change to Fair Value Estimate

      Commentary

      Tue, 29 Oct 2013

      Penske Automotive Group reported record third-quarter results on Tuesday, with earnings per share from continuing operations up 21.7% year over year

    8. Franchise Dealer Stocks Going Under Review

      Commentary

      Fri, 20 Sep 2013

      the franchise auto dealers we cover--Asbury Automotive, AutoNation, Group 1 Automotive, Lithia Motors, Penske Automotive Group , and Sonic Automotive--under review. We expect to significantly increase the fair value estimates on all

    9. Penske Reports Record 2Q and Expands on Australian Strategy

      Commentary

      Wed, 31 Jul 2013

      Penske Automotive Group PAG reported record second-quarter results Wednesday. We see results tracking in line with our recently revised valuation model

    10. Transpacific Exits Vehicle Sales to Focus on Core Waste Management Operations

      Commentary

      Mon, 29 Jul 2013

      Transpacific has finally reached agreement on the long-expected sale of its commercial vehicles business, to Penske Automotive Group for AUD 219 million, with completion of the transaction anticipated to occur by 30 September 2013. An after

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