Lithia Motors (LAD) Getting Somewhat Favorable Media Coverage, Analysis Shows

Headlines about Lithia Motors (NYSE:LAD) have trended somewhat positive on Tuesday, Accern Sentiment reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Lithia Motors earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave media coverage about the company an impact score of 44.6340298093494 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the headlines that may have impacted Accern’s scoring:

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Shares of LAD stock opened at $101.46 on Tuesday. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.21 and a quick ratio of 0.28. The company has a market cap of $2,509.26, a PE ratio of 10.40, a P/E/G ratio of 0.47 and a beta of 1.78. Lithia Motors has a 12-month low of $80.88 and a 12-month high of $127.99.

Lithia Motors (NYSE:LAD) last announced its quarterly earnings data on Wednesday, February 14th. The company reported $2.15 EPS for the quarter, beating the Zacks’ consensus estimate of $2.09 by $0.06. The firm had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.70 billion. Lithia Motors had a net margin of 2.43% and a return on equity of 20.81%. The firm’s revenue was up 18.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.86 earnings per share. equities analysts forecast that Lithia Motors will post 10.58 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 23rd. Investors of record on Friday, March 9th were given a $0.27 dividend. The ex-dividend date of this dividend was Thursday, March 8th. This represents a $1.08 dividend on an annualized basis and a yield of 1.06%. Lithia Motors’s payout ratio is currently 11.07%.

Several equities research analysts have recently weighed in on LAD shares. Bank of America upgraded 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. Zacks Investment Research downgraded shares of Lithia Motors from a “buy” rating to a “hold” rating in a research note on Monday, March 12th. Buckingham Research decreased their target price on shares of Lithia Motors from $137.00 to $131.00 and set a “buy” rating for the company in a research note on Thursday, February 15th. Morgan Stanley increased their target price on shares of Lithia Motors from $116.00 to $126.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 14th. Finally, Stephens reiterated a “buy” rating on shares of Lithia Motors in a research note on Thursday, February 15th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $129.29.

In related news, Director Kenneth E. Roberts sold 5,000 shares of the firm’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $126.00, for a total value of $630,000.00. Following the completion of the sale, the director now owns 105,064 shares in the company, valued at $13,238,064. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 5.95% of the stock is owned by company insiders.

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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.

Insider Buying and Selling by Quarter for Lithia Motors (NYSE:LAD)

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