Seaport Res Ptn Raises Earnings Estimates for Lithia Motors

Lithia Motors, Inc. (NYSE:LAD) – Seaport Res Ptn lifted their FY2025 earnings estimates for Lithia Motors in a research note issued on Thursday, January 16th. Seaport Res Ptn analyst G. Chin now expects that the company will earn $35.77 per share for the year, up from their previous forecast of $34.73. The consensus estimate for Lithia Motors’ current full-year earnings is $29.25 per share.

A number of other research analysts have also issued reports on the stock. Citigroup raised their price objective on shares of Lithia Motors from $280.00 to $320.00 and gave the company a “neutral” rating in a report on Friday, September 27th. Wells Fargo & Company raised their price objective on shares of Lithia Motors from $343.00 to $346.00 and gave the company an “equal weight” rating in a report on Wednesday, January 15th. Guggenheim increased their target price on shares of Lithia Motors from $380.00 to $418.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Benchmark assumed coverage on shares of Lithia Motors in a research report on Wednesday, January 8th. They set a “buy” rating and a $400.00 target price for the company. Finally, JPMorgan Chase & Co. decreased their target price on shares of Lithia Motors from $405.00 to $400.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, Lithia Motors currently has a consensus rating of “Moderate Buy” and a consensus target price of $357.40.

Lithia Motors Stock Up 0.2 %

LAD stock opened at $353.06 on Monday. The stock has a market capitalization of $9.41 billion, a P/E ratio of 12.05, a price-to-earnings-growth ratio of 4.90 and a beta of 1.67. The company has a current ratio of 1.18, a quick ratio of 0.27 and a debt-to-equity ratio of 1.23. Lithia Motors has a 12 month low of $243.00 and a 12 month high of $405.67. The firm has a 50-day moving average price of $367.58 and a 200-day moving average price of $321.83.

Lithia Motors (NYSE:LAD) last posted its earnings results on Wednesday, October 23rd. The company reported $8.21 EPS for the quarter, topping analysts’ consensus estimates of $7.60 by $0.61. The firm had revenue of $9.22 billion during the quarter, compared to analysts’ expectations of $9.46 billion. Lithia Motors had a net margin of 2.31% and a return on equity of 12.95%. The business’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $9.25 earnings per share.

Institutional Trading of Lithia Motors

Several hedge funds have recently added to or reduced their stakes in the stock. V Square Quantitative Management LLC bought a new stake in shares of Lithia Motors in the third quarter valued at approximately $35,000. UMB Bank n.a. grew its stake in Lithia Motors by 69.9% during the fourth quarter. UMB Bank n.a. now owns 124 shares of the company’s stock valued at $44,000 after acquiring an additional 51 shares in the last quarter. GAMMA Investing LLC grew its stake in Lithia Motors by 30.5% during the fourth quarter. GAMMA Investing LLC now owns 167 shares of the company’s stock valued at $60,000 after acquiring an additional 39 shares in the last quarter. Blue Trust Inc. grew its stake in Lithia Motors by 49.3% during the third quarter. Blue Trust Inc. now owns 200 shares of the company’s stock valued at $64,000 after acquiring an additional 66 shares in the last quarter. Finally, Signaturefd LLC grew its stake in Lithia Motors by 23.9% during the third quarter. Signaturefd LLC now owns 249 shares of the company’s stock valued at $79,000 after acquiring an additional 48 shares in the last quarter.

Insider Buying and Selling at Lithia Motors

In related news, CEO Bryan B. Deboer sold 6,742 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $400.00, for a total transaction of $2,696,800.00. Following the transaction, the chief executive officer now directly owns 174,445 shares of the company’s stock, valued at $69,778,000. This trade represents a 3.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Tina Miller sold 1,000 shares of Lithia Motors stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $392.72, for a total transaction of $392,720.00. Following the completion of the sale, the chief financial officer now directly owns 10,403 shares in the company, valued at approximately $4,085,466.16. This represents a 8.77 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 47,290 shares of company stock worth $17,959,596. Insiders own 1.79% of the company’s stock.

Lithia Motors Company Profile

Lithia Motors, Inc operates as an automotive retailer worldwide. It operates in two segments, Vehicle Operations and Financing Operations. The company’s Vehicle Operations segment sells new and used vehicles; provides parts, repair, and maintenance services; vehicle finance; and insurance products. Its Financing Operations segment provides financing to customers buying and leasing retail vehicles.