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Stock impact report

Penske Automotive Group: Solid Fundamentals Reflected In Valuation [Seeking Alpha]

Penske Automotive Group, Inc. (PAG) 
Last penske automotive group, inc. earnings: 2/5 06:59 am Check Earnings Report
US:NYSE Investor Relations: investors.penskeautomotive.com
Company Research Source: Seeking Alpha
PAG's resilient business model is underpinned by high-margin service and parts, which provide steady cash flow despite cyclical vehicle sales. Luxury vehicle focus and global diversification help insulate PAG from economic headwinds affecting broader auto sales. With shares near fair value at $175-$180 and a 3.5% yield, I maintain a "Neutral" stance, preferring peers trading at lower multiples. Arthurpreston/iStock via Getty Images Shares of Penske Automotive Group ( PAG ) have been a moderate performer over the past year, gaining just about 15%. While there are concerns about car sales in a muted economic environment, I believe the dealership model is more resilient than perceived. Investors received Show less Read more
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