Tag: PAG

  • Auto delaerships: CarMax, Inc (NYSE:KMX), AutoNation (NYSE:AN), Group 1 Automotive (NYSE:GPI), Penske Automotive Group (NYSE:PAG), Sonic Automotive (NYSE:SAH)

    On June 03, 2014, CarMax, Inc (NYSE:KMX), CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, is currently hiring for the company’s second store Mississippi. It is CarMax’s first store in Tupelo. The new store, which is more than 8,000 square-feet, is scheduled to open in October 2014 at 3146 Tom Watson Drive. Applications are now being accepted for the available positions on the retailer’s website at www.carmax.com/careers. CarMax, Inc (NYSE:KMX), net profit margin is 3.90% and weekly performance is -4.82%. On last trading day company shares ended up $44.19. Analysts mean target price for the company is $53.00. CarMax, Inc (NYSE:KMX), distance from 50-day simple moving average (SMA50) is -0.94%.

    On June 04, 2014 AutoNation, Inc. (NYSE:AN), America’s largest automotive retailer, announced that it reported to automotive manufacturers retail sales of 30,275 new vehicles in May 2014, an increase of 15% as compared to May 2013. On a same-store basis, reported retail new vehicle unit sales in May 2014 were 29,471, an increase of 12% as compared to May 2013. AutoNation, Inc. (NYSE:AN), advanced 0.27% in last trading session and ended the day on $55.32. AN, Gross Margin is 15.80% and its return on assets is 5.10%. AutoNation, Inc. (NYSE:AN), quarterly performance is 4.28%.

    Group 1 Automotive, Inc. (NYSE:GPI), had its price objective raised by KeyCorp from $78.00 to $87.00 in a research report released on Thursday morning. KeyCorp currently has a buy rating on the stock. Group 1 Automotive, Inc. (NYSE:GPI), shares moved up 0.20% in last trading session and was closed at $79.03, while trading in range of $77.86 – 79.66. Group 1 Automotive, Inc. (NYSE:GPI), year to date (YTD) performance is 11.80%.

    Penske Automotive Group, Inc. (NYSE:PAG), President Robert H. Kurnick, Jr. sold 12,045 shares of Penske Automotive Group stock on the open market in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $46.32, for a total transaction of $557,924.40. Following the completion of the sale, the president now directly owns 82,674 shares of the company’s stock, valued at approximately $3,829,460. Penske Automotive Group, Inc. (NYSE:PAG), ended the last trading day at $45.14. Company weekly volatility is calculated as 2.40% and price to cash ratio as 74.45. Penske Automotive Group, Inc. (NYSE:PAG), showed a negative weekly performance of 6.99%.

    Sonic Automotive Inc (NYSE:SAH), declared a quarterly dividend on Tuesday, April 22nd, American Banking and Market News reports. Investors of record on Friday, June 13th will be given a dividend of 0.025 per share on Tuesday, July 15th. This represents a $0.10 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date of this dividend is Wednesday, June 11th. Sonic Automotive Inc (NYSE:SAH), net profit margin is 1.10% and weekly performance is -5.53%. On last trading day company shares ended up $25.64. Analysts mean target price for the company is $26.80. Sonic Automotive Inc (NYSE:SAH), distance from 50-day simple moving average (SMA50) is 3.89%.