The stock of Lithia Motors, Inc. (LAD) has gone down by -1.01% for the week, with a -13.77% drop in the past month and a -13.52% drop in the past quarter. The volatility ratio for the week is 3.76%, and the volatility levels for the past 30 days are 2.84% for LAD. The simple moving average for the last 20 days is -5.53% for LAD’s stock, with a simple moving average of -10.87% for the last 200 days.
Is It Worth Investing in Lithia Motors, Inc. (NYSE: LAD) Right Now?
Lithia Motors, Inc. (NYSE: LAD) has a price-to-earnings ratio of 7.61x that is above its average ratio. Additionally, the 36-month beta value for LAD is 1.59. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 4 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”
The public float for LAD is 27.03M and currently, short sellers hold a 9.79% ratio of that float. The average trading volume of LAD on April 26, 2024 was 233.50K shares.
LAD) stock’s latest price update
Lithia Motors, Inc. (NYSE: LAD)’s stock price has gone rise by 3.78 in comparison to its previous close of 248.34, however, the company has experienced a -1.01% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-24 that Although the revenue and EPS for Lithia Motors (LAD) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Analysts’ Opinion of LAD
Many brokerage firms have already submitted their reports for LAD stocks, with Evercore ISI repeating the rating for LAD by listing it as a “Outperform.” The predicted price for LAD in the upcoming period, according to Evercore ISI is $400 based on the research report published on January 17, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see LAD reach a price target of $295. The rating they have provided for LAD stocks is “Neutral” according to the report published on October 31st, 2023.
Wells Fargo gave a rating of “Equal Weight” to LAD, setting the target price at $233 in the report published on January 13th of the previous year.
LAD Trading at -9.35% from the 50-Day Moving Average
After a stumble in the market that brought LAD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.36% of loss for the given period.
Volatility was left at 2.84%, however, over the last 30 days, the volatility rate increased by 3.76%, as shares sank -15.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.61% lower at present.
During the last 5 trading sessions, LAD fell by -1.01%, which changed the moving average for the period of 200-days by -20.76% in comparison to the 20-day moving average, which settled at $270.55. In addition, Lithia Motors, Inc. saw -21.73% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LAD starting from McIntyre Shauna, who sale 135 shares at the price of $297.84 back on Feb 16 ’24. After this action, McIntyre Shauna now owns 1,662 shares of Lithia Motors, Inc., valued at $40,208 using the latest closing price.
McIntyre Shauna, the Director of Lithia Motors, Inc., sale 90 shares at $275.00 during a trade that took place back on Nov 20 ’23, which means that McIntyre Shauna is holding 1,797 shares at $24,750 based on the most recent closing price.
Stock Fundamentals for LAD
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.17 for the gross margin
The net margin for Lithia Motors, Inc. stands at 0.03. The total capital return value is set at 0.11. Equity return is now at value 15.77, with 4.84 for asset returns.
Based on Lithia Motors, Inc. (LAD), the company’s capital structure generated 0.63 points at debt to capital in total, while cash flow to debt ratio is standing at -0.05. The debt to equity ratio resting at 1.72. The interest coverage ratio of the stock is 4.77.
Currently, EBITDA for the company is 1.94 billion with net debt to EBITDA at 5.24. When we switch over and look at the enterprise to sales, we see a ratio of 0.55. The receivables turnover for the company is 27.63for trailing twelve months and the total asset turnover is 1.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.17.
Conclusion
In conclusion, Lithia Motors, Inc. (LAD) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
