Forecasting The Future: 11 Analyst Projections For Lithia Motors

Loading...
Loading...

In the preceding three months, 11 analysts have released ratings for Lithia Motors LAD, presenting a wide array of perspectives from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 1 5 1 0
Last 30D 0 0 1 0 0
1M Ago 3 0 2 0 0
2M Ago 0 0 0 0 0
3M Ago 1 1 2 1 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $311.27, a high estimate of $385.00, and a low estimate of $230.00. This current average has decreased by 2.82% from the previous average price target of $320.30.

Analyzing Analyst Ratings: A Detailed Breakdown

An in-depth analysis of recent analyst actions unveils how financial experts perceive Lithia Motors. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Rajat Gupta JP Morgan Lowers Neutral $270.00 $285.00
Ronald Josey Citigroup Lowers Neutral $280.00 $320.00
Ryan Sigdahl Craig-Hallum Lowers Buy $310.00 $350.00
Colin Langan Wells Fargo Lowers Equal-Weight $248.00 $290.00
Ronald Jewsikow Guggenheim Lowers Buy $297.00 $320.00
John Murphy B of A Securities Raises Buy $385.00 $380.00
John Murphy B of A Securities Lowers Buy $380.00 $440.00
Adam Jonas Morgan Stanley Raises Underweight $230.00 $220.00
Colin Langan Wells Fargo Raises Equal-Weight $315.00 $298.00
Kate McShane Goldman Sachs Raises Neutral $334.00 $300.00
Daniel Imbro Stephens & Co. Maintains Overweight $375.00 -

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Lithia Motors. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Lithia Motors compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Lithia Motors's stock. This examination reveals shifts in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Lithia Motors's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Lithia Motors analyst ratings.

All You Need to Know About Lithia Motors

Lithia Motors is a retailer of new and used vehicles and related services. The company offers about 50 brands of vehicles at nearly 500 stores globally across the US, Canada, and UK. The company has expanded largely through the acquisition of dealerships in smaller regional markets but now seeks to grow in any part of the US and we expect more deals over time in the US and, at times, abroad. Annual revenue in 2023 was $31 billion and we see over $50 billion possible in a few years. The US was 90% of 2023 revenue and the UK second at 6%, the latter should rise significantly with the Pendragon acquisition. In 2023, new-car sales were about 49% of total revenue. Lithia was founded in 1946, went public in 1996, and is the largest US auto dealer. It is based in Medford, Oregon.

Lithia Motors: Delving into Financials

Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.

Positive Revenue Trend: Examining Lithia Motors's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 22.77% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.

Net Margin: Lithia Motors's net margin is impressive, surpassing industry averages. With a net margin of 1.9%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Lithia Motors's ROE stands out, surpassing industry averages. With an impressive ROE of 2.59%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Lithia Motors's ROA stands out, surpassing industry averages. With an impressive ROA of 0.78%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 2.08.

What Are Analyst Ratings?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst RatingsBZI-AAR
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...