Lithia Motors Inc. (NYSE: LAD) has reported earnings for its first fiscal quarter (ending March 31) of $5.89 versus $8.32 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $33.96 compared to $41.00 a year ago.
Recent Price Action
On 4/24/24, Lithia Motors Inc. (NYSE: LAD) stock suffered a large decline of -6.1%, closing at $248.34. Moreover, exceptionally high trading volume at 305% of normal accompanied the decline. The stock has declined -4.6% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
LAD’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Lithia Motors has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Lithia Motors has a very high Appreciation Score of 95 but a poor Power Rating of 30, and the High Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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