Lithia Motors (NYSE:LAD) Target Raised by Craig Hallum to $170.00

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Lithia Motors stock has undergone multiple analysts rating changes in the recent past.  Lithia Motors stock Target Raised by   Craig Hallum on 6/29/2020. In a note to investors, the firm issued a new target price of $170.00. The analysts previously had $140.00 target price. Craig Hallum’s price target would indicate a potential upside of 18.70% from the stock’s previous close.

Shares of Lithia Motors traded up $10.20 on Monday, reaching $153.42. 214025 shares of the stock traded hands, compared to its average volume of 240755. Shares of were trading at $153.42 on Monday. The firm’s 50 day moving average is $121.9 and its 200 day moving average is 128.61.Lithia Motors  has a 12 month low of $145.05 and a 12 month high of $165.27. While on yearly highs and lows, Lithia Motors today has traded high as $154.23 and has touched $145.05 on the downward trend.

Lithia Motors Earnings and What to expect: 

Lithia Motors last posted its quarterly earnings results on April 22nd, 2020. The reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.98 by $0.03. The firm had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.92 billion. Its quarterly revenue was down 1.6% on a year-over-year basis. Lithia Motors has generated $11.76 earnings per share over the last year and currently has a price-to-earnings ratio of 13.6. Lithia Motors has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, July 22nd, 2020 based off prior year’s report dates.

Earnings for Lithia Motors are expected to grow by 37.66% in the coming year, from $8.47 to $11.66 per share. The P/E ratio of Lithia Motors is 13.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.08. The P/E ratio of Lithia Motors is 13.62, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 48.06. Lithia Motors has a PEG Ratio of 7.76. PEG Ratios above 1 indicate that a company could be overvalued. Lithia Motors has a P/B Ratio of 2.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 3.95%
  • On 3/2/2020 Director Shauna Mcintyre Sell 255 at average share price of $119.15 which equates to $30,383.25 in money value.
  • On 11/11/2019 Director Sidney B Deboer Sell 19,048 at average price of  $160.00 with total value of : Not Data Available
  • On 11/5/2019 Director Kenneth E Roberts Sell 1,758 at average price of  $160.60 with total value of : $282,334.80
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Lithia Motors

  • 5/18/2020 – Lithia Motors had its price target raised by analysts at Morgan Stanley from $107.00 to $125.00. They now have an “overweight” rating on the stock. ()
  • 5/7/2020 – Lithia Motors was upgraded by analysts at TheStreet from a “c” rating to a “b-” rating. ()
  • 4/23/2020 – Lithia Motors had its price target raised by analysts at Guggenheim from $113.00 to $122.00. They now have a “buy” rating on the stock. ()
  • 4/23/2020 – Lithia Motors had its price target raised by analysts at JPMorgan Chase & Co. from $111.00 to $120.00. They now have an “overweight” rating on the stock. ()
  • See More Analyst Rating at: RATING

Other rating updates by Craig Hallum: 

  • 6/29/2020 – MarineMax had its price target raised by analysts at Craig Hallum from $16.00 to $24.00. They now have a “buy” rating on the stock. ()
  • 6/29/2020 – Anterix had its price target raised by analysts at Craig Hallum from $80.00 to $100.00. They now have a “buy” rating on the stock. ()
  • 6/25/2020 – Joint is now covered by analysts at Craig Hallum. They set a “buy” rating and a $24.00 price target on the stock. ()
  • 6/22/2020 – PAR Technology had its price target raised by analysts at Craig Hallum from $30.00 to $40.00. They now have a “buy” rating on the stock. ()
  • See More Analyst Rating at: RATING

Lithia Motors (NYSE:LAD) Moving Average Technical Analysis

5 day Moving Average is $147.04 And 5 day price change is 2.01 (0.0135)  with average volume for 5 day average is 260,883. While technical analysis for average 20 days shows significant difference, 20 day moving average is  140 and 20 day price change is 28.19 (0.2297) and average 20 day moving volume is 254,706. 50 day moving average is 121.9  and 50 day price change is 55.01 ( 0.5734)  and with average volume for 50 days is : 248,818. 200 day moving average is 128.61  and 200 day price change is 18.18 (0.1369)  and with average volume for 200 days is : 248,109.

See More Analyst Rating at: RATING