Lithia Motors (LAD) Scheduled to Post Quarterly Earnings on Thursday
Lithia Motors (NYSE:LAD) is scheduled to post its quarterly earnings results before the market opens on Thursday, February 15th. Analysts expect Lithia Motors to post earnings of $2.09 per share for the quarter.
Lithia Motors (NYSE:LAD) opened at $117.90 on Tuesday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.26 and a current ratio of 1.21. The stock has a market cap of $2,940.00, a P/E ratio of 14.33, a P/E/G ratio of 0.60 and a beta of 1.66. Lithia Motors has a one year low of $80.88 and a one year high of $127.99.
Several equities analysts recently issued reports 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 price objective on the stock in a research note on Wednesday, January 10th. KeyCorp reissued a “buy” rating and set a $130.00 price objective on shares of Lithia Motors in a research note on Monday, November 13th. Finally, Bank of America raised shares of Lithia Motors from an “underperform” rating to a “neutral” rating and set a $128.00 price objective on the stock in a research note on Monday, January 8th. Four analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $127.33.
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About Lithia Motors
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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