PAG Price Prediction, Penske Automotive Group AI Recommendations

PAG sees MACD Histogram just turned negative

PAG saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 06, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 47 instances where the indicator turned negative. In of the 47 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 68 cases where PAG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on December 05, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on PAG as a result. In of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

PAG moved below its 50-day moving average on December 05, 2023 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for PAG crossed bearishly below the 50-day moving average on November 30, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 19 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

The 50-day moving average for PAG moved below the 200-day moving average on December 07, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PAG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

PAG broke above its upper Bollinger Band on November 03, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PAG advanced for three days, in of 338 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 253 cases where PAG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 76, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.292) is normal, around the industry mean (7.590). P/E Ratio (9.145) is within average values for comparable stocks, (26.205). Projected Growth (PEG Ratio) (1.975) is also within normal values, averaging (2.550). Dividend Yield (0.018) settles around the average of (0.036) among similar stocks. P/S Ratio (0.363) is also within normal values, averaging (85.435).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PAG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

PAG is expected to report earnings to fall 3.57% to $3.78 per share on February 07

Q4'23

Est.

$3.78

Q3'23

Missed

by $0.15

Q2'23

Beat

by $0.24

Q1'23

Beat

by $0.23

Q4'22

Beat

by $0.30

PAG paid dividends on December 01, 2023