A share price of Lithia Motors, Inc. [LAD] is currently trading at $305.46, up 6.69%. An important factor to consider is whether the stock is rising or falling in short-term value. The LAD shares have gain 13.13% over the last week, with a monthly amount glided 7.59%, 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 September 12, 2024, when Stephens initiated its Overweight rating and assigned the stock a price target of $360. Previously, Guggenheim upgraded its rating to Buy on August 09, 2024, and kept the price target unchanged to $338. On June 10, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $280 on the stock. Guggenheim downgraded its rating to a Neutral. Evercore ISI initiated its recommendation with a Outperform and recommended $400 as its price target on January 17, 2024. JP Morgan downgraded its rating to Neutral for this stock on October 31, 2023, but kept the price target unchanged to $295. In a note dated January 13, 2023, Wells Fargo downgraded an Equal Weight rating on this stock and boosted its target price from $212 to $233.
Lithia Motors, Inc. experienced fluctuations in its stock price throughout the past year between $231.36 and $331.96. Currently, Wall Street analysts expect the stock to reach $313.2 within the next 12 months. Lithia Motors, Inc. [NYSE: LAD] shares were valued at $305.46 at the most recent close of the market. An investor can expect a potential return of 2.53% based on the average LAD price forecast.
Analyzing the LAD fundamentals
Trailing Twelve Months sales for Lithia Motors, Inc. [NYSE:LAD] were 33.74B which represents 13.81% growth. 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 of2.12.
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 296.56 points at the first support level, and at 287.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 310.00, and for the 2nd resistance point, it is at 314.53.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Lithia Motors, Inc. [NYSE:LAD] 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 1.29 and price to earnings (TTM) ratio is 9.86.
Transactions by insiders
Recent insider trading involved DEBOER SIDNEY B, Director, that happened on Sep 13 ’24 when 10777.0 shares were sold. Officer, DEBOER SIDNEY B completed a deal on Sep 13 ’24 to buy 5000.0 shares. Meanwhile, Officer DEBOER SIDNEY B bought 5777.0 shares on Sep 11 ’24.
