Analyst Revises Lithia Motors, Inc. (NYSE:LAD) Stock Target


Lithia Motors, Inc. (NYSE:LAD) mean price target has been set at $102.400 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $2.170 in the near-term quarter and $7.560 for the ongoing fiscal. The market cap of Lithia Motors, Inc. Common Stoc was recorded at $2.12B after the stock closed at $82.935 in last trading day. What The Valuation Says? The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Lithia Motors, Inc. (NYSE:LAD) has a P/E ratio of 11.961. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. Lithia Motors, Inc. (NYSE:LAD) PEG ratio sits at 0.440. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks. Technical Perspective The technical analysis of Lithia Motors, Inc. Common Stoc visibly illustrates that the 50-day MA of Lithia Motors, Inc. Common Stoc is $76.419, and stock is trading 6.516 or +8.527% distant from $76.419. The 200-day MA is $82.093, and this price is $0.842 or +1.026% off from current level. Lithia Motors, Inc. (NYSE:LAD) 52-week high is $126.560 and the 52-week low is $68.700. This represents that if the stock moves $-43.625 points up on the chart to make a 52-week high. But, if it declines $+20.721%, then the shares price can hit a new 52-week low.

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