For its second fiscal quarter (ending June 30), Lithia Motors Inc. (NYSE: LAD) has reported E.P.S. of $7.87 compared to $10.79 a year ago. For the latest four quarters through June 30, E.P.S. were $31.03 compared to $40.12 a year ago.
Recent Price Action
Lithia Motors Inc. (NYSE: LAD) stock closed at $295.44 on 8/1/24 after a very large increase of 6.9%. Moreover, this advance was accompanied by exceptionally high trading volume at 239% of normal. The stock has risen 18.5% during the last week but has been weak relative to the market over the last nine months.
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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Lithia Motors has a very high Appreciation Score of 94 but a very low Power Rating of 9, triggering the Neutral Value Trend Rating.
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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