Lithia Motors with ticker code (LAD) have now 12 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 360 and 198 and has a mean target at $301.58. Given that the stocks previous close was at $220.46 this would indicate that there is a potential upside of 36.8%. The day 50 moving average is $249.75 while the 200 day moving average is $246.58. The company has a market cap of $5,813m. You can visit the company’s website by visiting: https://www.lithiamotors.com
The potential market cap would be $7,951m based on the market consensus.
Lithia Motors operates as an automotive retailer. The company operates through Domestic, Import, and Luxury segments. It offers new and used vehicles; vehicle financing services; warranties, insurance contracts, and vehicle and theft protection services; and automotive repair and maintenance services, as well as sells body and parts for the new vehicles under the Driveway and GreenCars brand names. The company provides its services through a network of locations, e-commerce platforms, and captive finance division in 28 states of the United States and 3 Canadian provinces. Lithia Motors was founded in 1946 and is headquartered in Medford, Oregon.
The company has a dividend yield of 0.71% with the ex dividend date set at 9-3-2023 (DMY).
Other points of data to note are a P/E ratio of 5.14, revenue per share of 999.57 and a 9.35% return on assets.
