Lithia Motors, Inc. with ticker code (LAD) have now 13 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 $400.00 and $230.00 suggesting an average analyst share price target price of $344.62. (at the time of writing). Given that the stocks previous close was at $294.47 and the analysts are correct then there would likely be a percentage uptick in value of 17.0%. There is a 50 day moving average of $294.09 while the 200 day moving average is $290.00. The market capitalization for the company is 8.39B. The stock price for the company is currently $304.70 USD
The potential market cap would be $9,817,305,161 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 8.4, revenue per share of $1,128.81 and a 6.27% return on assets.
Lithia Motors, Inc. is an automotive retailer in North America, which offers a selection of vehicles across global carmakers. The Company provides a full suite of financing, leasing, repair, and maintenance options. The Company operates approximately 296 locations representing 48 brands in two countries, across 28 states of the United States and three Canadian provinces. It offers vehicles through its comprehensive network of locations, e-commerce platforms and captive finance division. The Company operates through two segments: Vehicle Operations and Financing Operations. The Vehicle Operations segment consists of all aspects of the Company’s auto merchandising and service operations, excluding financing provided by its Financing Operations. The Financing Operations segment provides financing to customers buying and leasing retail vehicles from its Vehicle Operations.
