Lithia Motors, Inc. with ticker code (LAD) have now 12 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 360 and 198 and has a mean target at $298.25. Now with the previous closing price of $227.63 and the analysts are correct then there would likely be a percentage uptick in value of 31.0%. The 50 day moving average now sits at $244.89 and the 200 day moving average is $239.64. The market capitalization for the company is $6,035m. You can visit the company’s website by visiting: https://www.lithiamotors.com
The potential market cap would be $7,907m based on the market consensus.
Lithia Motors, Inc. 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, Inc. was founded in 1946 and is headquartered in Medford, Oregon.
The company has a dividend yield of 0.77% with the ex dividend date set at 9-3-2023 (DMY).
Other points of data to note are a P/E ratio of 4.8, revenue per share of 999.57 and a 9.35% return on assets.
