News headlines about Lithia Motors (NYSE:LAD) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lithia Motors earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 47.0969948816902 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news articles that may have impacted Accern’s scoring:
- Director of Lithia Motors Inc (NYSE:LAD), Roberts Kenneth E, sells 5,000 shares worth $620,000 (empowerednews.net)
- Lithia Motors Inc (LAD) Director Kenneth E. Roberts Sells 5,000 Shares (americanbankingnews.com)
- Lithia Motors Joins Elite List Of Stocks With 95-Plus Composite Rating (finance.yahoo.com)
- Stocks Showing Rising Market Leadership: Lithia Motors Earns 83 RS Rating (finance.yahoo.com)
- Investors Buy Large Volume of Lithia Motors Call Options (LAD) (americanbankingnews.com)
Several equities research analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Lithia Motors from a “hold” rating to a “strong-buy” rating and set a $139.00 target price for the company in a research report on Wednesday. KeyCorp reaffirmed a “buy” rating and set a $130.00 price objective (up previously from $119.00) on shares of Lithia Motors in a research report on Wednesday, October 4th. Berenberg Bank started coverage on shares of Lithia Motors in a research report on Wednesday, October 4th. They set a “hold” rating and a $126.00 price objective for the company. Finally, Bank of America raised shares of Lithia Motors from an “underperform” rating to a “neutral” rating and set a $128.00 target price for the company in a research note on Monday, January 8th. Five equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $124.00.
Shares of Lithia Motors (LAD) opened at $124.48 on Friday. The stock has a market cap of $3,070.08, a P/E ratio of 15.13, a PEG ratio of 0.64 and a beta of 1.72. The company has a current ratio of 1.21, a quick ratio of 0.26 and a debt-to-equity ratio of 0.96. Lithia Motors has a 1-year low of $80.88 and a 1-year high of $124.96.
Lithia Motors (NYSE:LAD) last released its quarterly earnings data on Wednesday, October 25th. The company reported $2.18 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.37 by ($0.19). The company had revenue of $2.69 billion during the quarter, compared to analyst estimates of $2.62 billion. Lithia Motors had a net margin of 2.14% and a return on equity of 21.02%. The firm’s quarterly revenue was up 18.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.06 EPS. analysts forecast that Lithia Motors will post 8.34 EPS for the current fiscal year.
In related news, Director Kenneth E. Roberts sold 5,000 shares of the company’s stock in a transaction on Monday, January 8th. The shares were sold at an average price of $124.00, for a total transaction of $620,000.00. Following the completion of the sale, the director now directly owns 110,064 shares of the company’s stock, valued at approximately $13,647,936. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Sidney B. Deboer sold 3,051 shares of the stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $113.25, for a total transaction of $345,525.75. Following the completion of the sale, the director now directly owns 433 shares of the company’s stock, valued at $49,037.25. The disclosure for this sale can be found here. Insiders sold 10,718 shares of company stock valued at $1,275,932 over the last three months. Insiders own 7.85% of the company’s stock.
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Lithia Motors Company Profile
Lithia Motors, Inc is an operator of automotive franchises and a retailer of new and used vehicles and related services. As of February 28, 2017, it offered 30 brands of new vehicles and all brands of used vehicles in 154 stores in the United States and online at Lithia.com, DCHauto.com and CarboneCars.com.
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