Lithia Motors, Inc. [LAD] stock is trading at $290.07, down -1.82%. An important factor to consider is whether the stock is rising or falling in short-term value. The LAD shares have gain 11.15% over the last week, with a monthly amount glided 15.24%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Lithia Motors, Inc. [NYSE: LAD] stock has seen the most recent analyst activity on June 10, 2024, when JP Morgan upgraded its rating to a Overweight and also boosted its price target to $280 from $270. Previously, Guggenheim downgraded its rating to Neutral on May 17, 2024. On January 17, 2024, Evercore ISI initiated with a Outperform rating and assigned a price target of $400 on the stock. JP Morgan downgraded its rating to a Neutral but stick to its price target of $295 on October 31, 2023. Wells Fargo downgraded its rating to a Equal Weight and raised its price target to $233 on January 13, 2023. In a note dated January 18, 2022, Wells Fargo initiated an Overweight rating and provided a target price of $345 on this stock.
Lithia Motors, Inc. [LAD] stock has fluctuated between $231.36 and $331.96 over the past year. Currently, Wall Street analysts expect the stock to reach $305 within the next 12 months. Lithia Motors, Inc. [NYSE: LAD] shares were valued at $290.07 at the most recent close of the market. An investor can expect a potential return of 5.15% based on the average LAD price forecast.
Analyzing the LAD fundamentals
Lithia Motors, Inc. [NYSE:LAD] reported sales of 33.74B for the trailing twelve months, which represents a growth of 13.81%. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.14 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 280.91 points at the first support level, and at 271.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 298.35, and for the 2nd resistance point, it is at 306.63.
Ratios To Look Out For
For context, Lithia Motors, Inc.’s Current Ratio is 1.19. On the other hand, the Quick Ratio is 0.30, and the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 0.24, the price to book ratio is 1.26 and price to earnings (TTM) ratio is 9.36.
Transactions by insiders
Recent insider trading involved McIntyre Shauna, Director, that happened on Aug 02 ’24 when 306.0 shares were purchased. Director, McIntyre Shauna completed a deal on Aug 02 ’24 to sell 306.0 shares. Meanwhile, Director McIntyre Shauna sold 138.0 shares on May 01 ’24.
