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 suggesting an average Analsyt target price of $293.75. Given that the stocks previous close was at $223.69 and the analysts are correct then there would likely be a percentage uptick in value of 31.3%. Also worth taking note is the 50 day moving average now sits at $229.52 and the 200 day MA is $235.30. The total market capitalization for the company now stands at $5,989m. Company Website: https://www.lithiamotors.com
The potential market cap would be $7,864m 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 0.89% with the ex dividend date set at 11-5-2023 (DMY).
Other points of data to note are a P/E ratio of 5.32, revenue per share of 1027.3 and a 8% return on assets.
