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In the latest session, Lithia Motors, Inc. (NYSE: LAD) closed at $248.34 down -6.11% from its previous closing price of $264.49. In other words, the price has decreased by -$6.11 from its previous closing price. On the day, 0.71 million shares were traded. LAD stock price reached its highest trading level at $261.48 during the session, while it also had its lowest trading level at $247.84.
Ratios:
For a deeper understanding of Lithia Motors, Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 1.83 whereas as Long-Term Debt/Eq ratio is at 1.22.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Evercore ISI on January 17, 2024, initiated with a Outperform rating and assigned the stock a target price of $400.
On October 31, 2023, JP Morgan Downgraded its rating to Neutral which previously was Overweight but kept the price unchanged to $295.
Wells Fargo Downgraded its Overweight to Equal Weight on January 13, 2023, whereas the target price for the stock was revised from $212 to $233.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 16 ’24 when McIntyre Shauna sold 135 shares for $297.84 per share. The transaction valued at 40,208 led to the insider holds 1,662 shares of the business.
McIntyre Shauna sold 90 shares of LAD for $24,750 on Nov 20 ’23. The Director now owns 1,797 shares after completing the transaction at $275.00 per share. On Aug 30 ’23, another insider, DEBOER SIDNEY B, who serves as the Director of the company, sold 5,000 shares for $310.59 each. As a result, the insider received 1,552,966 and left with 21,919 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LAD now has a Market Capitalization of 7281651712 and an Enterprise Value of 17805856768. As of this moment, Lithia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.84, and their Forward P/E ratio for the next fiscal year is 6.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 0.574 whereas that against EBITDA is 9.175.
Stock Price History:
Over the past 52 weeks, LAD has reached a high of $331.96, while it has fallen to a 52-week low of $206.69. The 50-Day Moving Average of the stock is -13.03%, while the 200-Day Moving Average is calculated to be -14.21%.
Shares Statistics:
For the past three months, LAD has traded an average of 224.09K shares per day and 330820 over the past ten days. A total of 27.40M shares are outstanding, with a floating share count of 27.03M. Insiders hold about 1.82% of the company’s shares, while institutions hold 105.07% stake in the company. Shares short for LAD as of 1711584000 were 2771488 with a Short Ratio of 12.37, compared to 1709164800 on 2500489. Therefore, it implies a Short% of Shares Outstanding of 2771488 and a Short% of Float of 11.44.
Dividends & Splits
According to the company, the forward annual dividend rate for LAD is 2.00, from 2.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.007561723The stock’s 5-year Average Dividend Yield is 0.64.
