Lithia Motors, Inc. which can be found using ticker (LAD) now have 12 market analysts covering the stock. The analyst consensus now points to 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 $295.33. Given that the stocks previous close was at $221.50 and the analysts are correct then there would likely be a percentage uptick in value of 33.3%. Also worth taking note is the 50 day moving average now sits at $239.16 while the 200 day moving average is $238.17. The company has a market cap of $6,026m. Company Website: https://www.lithiamotors.com
The potential market cap would be $8,034m 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 0.76% with the ex dividend date set at 9-3-2023 (DMY).
