Penske Tells Investors Its Growth Model Is Working
The auto retailer ended fiscal 2019 on a strong note.
The Company is engaged in the sale of new and used motor vehicles and related products and services, including vehicle service, parts, collision repair, finance and lease contracts, third-party insurance products and other aftermarket products.
Symbol | Last Price | Market Cap | % Δ 1 Yr | % Δ 5 Yr |
---|---|---|---|---|
PAG
Penske Automotive Group
|
$114.66 | $9B | 36.5% | 217.2% |
AMZN |
$137.83 | $1,420B | -16.6% | 183.9% |
MELI |
$995.50 | $52B | -41.7% | 307.6% |
ETSY |
$108.87 | $14B | -38.8% | 606.5% |
BKNG |
$1,957.21 | $78B | -9.4% | 2.6% |
The auto retailer ended fiscal 2019 on a strong note.
The latest earnings report shows the auto retailing giant returned to solid sales growth in the fourth quarter.
Investors have some big questions heading into this earnings report.
Look here if you need a higher yield than Pepsi's current 2.8% annual payout.
The auto retailer is bracing for more struggles in the crucial U.K. market.
But the negative volume trends could stabilize in the coming quarters.
The dealership giant hasn't solved its nagging new car sales challenges.
The chain sees a few good reasons to expect healthy growth over the coming quarters.
SunTrust tries to time the automotive market -- but does its argument make sense?
The retailer managed robust revenue and profit gains in the second quarter.
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