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Penske Automotive Group Inc (PAG): Today's Featured Specialty Retail Winner

By TheStreet Wire 05/31/12 - 05:00 PM EDT

Find out if (PAG) is in Cramer's Portfolio.

Penske Automotive Group (PAG) pushed the Specialty Retail industry higher today making it today's featured specialty retail winner. The industry as a whole closed the day down 0.6%. By the end of trading, Penske Automotive Group rose 16 cents (0.7%) to $24.58 on average volume. Throughout the day, 452,501 shares of Penske Automotive Group exchanged hands as compared to its average daily volume of 525,900 shares. The stock ranged in a price between $24-$24.71 after having opened the day at $24.52 as compared to the previous trading day's close of $24.42. Other companies within the Specialty Retail industry that increased today were: TravelCenters of America (TA), up 7.2%, Hollywood Media Corporation (HOLL), up 5%, Francescas Holdings (FRAN), up 4.1%, and United Online (UNTD), up 2.9%.

Penske Automotive Group, Inc. operates as an automotive retailer. Penske Automotive Group has a market cap of $2.27 billion and is part of the services sector. The company has a P/E ratio of 12.1, equal to the average specialty retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 26.9% year to date as of the close of trading on Wednesday. Currently there are eight analysts that rate Penske Automotive Group a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Penske Automotive Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

You can view the full Penske Automotive Group Ratings Report.

On the negative front, Mecox Lane (MCOX), down 17.2%, Sport Chalet (SPCHA), down 10.9%, Dover Saddlery (DOVR), down 7.9%, and Netflix (NFLX), down 5.8%, were all losers within the specialty retail industry with Signet Jewelers (SIG) being today's specialty retail industry loser.

Use our specialty retail section to find industry-relevant news.
Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider SPDR S&P Retail ETF (XRT) while those bearish on the specialty retail industry could consider ProShares Ultra Sht Consumer Goods (SZK).

Find other investment ideas from our top rated ETFs lists.

For more information on Penske Automotive Group Inc click any of the following:

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