{"id":75885,"date":"2026-02-04T08:23:50","date_gmt":"2026-02-04T11:23:50","guid":{"rendered":"https:\/\/automotive.einnews.com\/article\/889288866"},"modified":"2026-02-04T08:23:50","modified_gmt":"2026-02-04T11:23:50","slug":"penske-automotive-pag-strengthening-u-s-scale-with-strategic-acquisitions","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/04\/penske-automotive-pag-strengthening-u-s-scale-with-strategic-acquisitions\/","title":{"rendered":"Penske Automotive (PAG): Strengthening U.S. Scale with Strategic Acquisitions"},"content":{"rendered":"

Penske Automotive Group Inc. (NYSE:PAG<\/strong><\/a>) is one of the best used-car stocks to buy, according to hedge funds<\/strong><\/a>. On January 26, Penske Automotive Group Inc. (NYSE:PAG) affirmed plans to expand its presence in Florida with the acquisition of two Lexus dealerships.<\/p>\n

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\"Penske<\/div>\n<\/div>
Penske Automotive (PAG): Strengthening U.S. Scale with Strategic Acquisitions <\/figcaption><\/figure>\n

The company has inked an agreement to acquire Lexus of Orlando and Lexus of Winter Park in the Orlando metropolitan area of central Florida. With the acquisition, the company is poised to add $450 million in annualized revenue. It is to fund the acquisition using cash flow from operations and availability under its US credit agreement.<\/p>\n

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North American Operations Officer Rich Shearing said, \u201cThe acquisition of these premier Lexus dealerships represents another strategic addition to the Penske Automotive Group portfolio. The acquired dealerships will expand the Company\u2019s scale in one of the fastest growing states in the country while leveraging the Company\u2019s existing infrastructure in Central Florida.\u201d<\/p>\n<\/blockquote>\n

Earlier on January 9, Benchmark reiterated a Buy rating and a $190 price target on Penske Automotive Group. The positive stance comes despite analyst Michael Albanese making \u201cmodest reductions\u201d to forecasts for new vehicle sales, aftersales, and G&A leverage for the automotive retailer. The research firm expects the company to deliver EBITDA of $341 million and earnings per share of $3.10 for Q4.<\/p>\n

Penske Automotive Group, Inc. (NYSE:PAG) is a diversified international transportation services company that operates as one of the world\u2019s premier automotive and commercial truck retailers. It sells new and used vehicles, provides maintenance and repair services, and offers financing and insurance products across the US, UK, Canada, Germany, Italy, and Japan.<\/p>\n

While we acknowledge the potential of PAG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock<\/b><\/a>.<\/p>\n

READ NEXT: <\/b>12 Best Consumer Goods Stocks Billionaires Are Quietly Buying<\/a> and <\/b>Goldman Sachs Penny Stocks: Top 12 Stock Picks<\/b><\/a>.<\/p>\n

Disclosure: None. This article is originally published at Insider Monkey<\/b><\/a>.<\/p>\n

<\/a><\/strong> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

… . On January 26, Penske Automotive<\/span> Group Inc. (NYSE:PAG) … of two Lexus dealerships. Penske Automotive<\/span> (PAG): Strengthening U.S … addition to the Penske Automotive<\/span> Group portfolio. The acquired … 190 price target on Penske Automotive<\/span> Group. The positive stance …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-75885","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/75885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=75885"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/75885\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=75885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=75885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=75885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}