Lithia Motors Inc. (NYSE: LAD) has reported E.P.S. of $7.80 for its third fiscal quarter (ending September 30) versus $9.49 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $29.33 compared to $37.64 a year ago.
Recent Price Action
On 10/23/24, Lithia Motors Inc. (NYSE: LAD) stock enjoyed a major increase of 10.1%, closing at $335.31. Moreover, exceptionally high trading volume at 354% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 10.4% during the last week.
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 B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Lithia Motors has a very high Appreciation Score of 92 but a neutral Power Rating of 47, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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