Lithia Motors Inc. (NYSE: LAD) has recently enjoyed extremely important positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend, its longer term price trend turned up, and the stock rose on very heavy volume.
Small positive changes in fundamentals have recently occurred for Lithia Motors Inc. (NYSE: LAD): significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, LAD is expected to continue to be a Value Builder.
Lithia Motors has a current Value Trend Rating of C (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 94 but a very low Power Rating of 7, triggering the Neutral Value Trend Rating.
Recent Price Action
Lithia Motors Inc. (NYSE: LAD) stock closed at $276.33 on 7/31/24 after a large increase of 3.6%. Moreover, exceptionally high trading volume at 233% of normal accompanied the advance. The stock has risen 9.4% during the last week but has been weak relative to the market over the last nine months.
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