The firm is cutting estimates on China price/mix and lost share, moving to the sidelines on Rivian (RIVN) and Ford (F), and downgrading General Motors (GM) to a Sell-equivalent rating.
Recent Mentions
Recent Mentions
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Sources
Mentions
Mentions of this stock across all news source scraped in the past 30 days
Recent Mentions
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TipRanks
50%
Fintel
25%
Finnhub
25%
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Country
US
Industry
Consumer Discretionary
Market Cap
Large Cap
Num. Employees
26500
IPO Date
Oct 23, 1996
Country
US
Industry
Consumer Discretionary
Penske Automotive Group, Inc. is an international transportation services company, which engages in the distribution of commercial vehicles, diesel engines, gas engines, power systems, and related parts and services. The company is headquartered in Bloomfield Hills, Michigan and currently employs 26,500 full-time employees. The firm operates dealerships in the United States, the United Kingdom, Canada, Germany, Italy, and Japan and retailers of commercial trucks in North America for freightliner. The company distributes and retails commercial vehicles, diesel and gas engines, power systems, and related parts and services. Its segments include Retail Automotive, Retail Commercial Truck, Non-Automotive Investments, and Other. The Retail Automotive segment consists of its retail automotive dealership operations. The Retail Commercial Truck consists of its retail commercial truck dealership operations in the United States and Canada. The Non-Automotive Investments segment consists of equity method investments in non-automotive operations, including its investment in Penske transportation solutions (PTS) and other various investments. The Other segment consists of commercial vehicle and power systems distribution operations.
News Sentiment
Sentiment
Composite sentiment (positive vs. negative language) expressed across news sources mentioning this stock
Today
Recent Mentions
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Very Bearish
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