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 reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Lithia Motors earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.2473442592406 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment’s analysis:
NYSE LAD traded down $1.92 on Friday, hitting $100.99. 255,206 shares of the stock traded hands, compared to its average volume of 281,820. Lithia Motors has a twelve month low of $81.14 and a twelve month high of $127.99. The stock has a market capitalization of $2,526.77, a P/E ratio of 12.04, a PEG ratio of 0.48 and a beta of 1.72. The company has a quick ratio of 0.28, a current ratio of 1.21 and a debt-to-equity ratio of 0.95.
Lithia Motors (NYSE:LAD) last announced its quarterly earnings data on Wednesday, February 14th. The company reported $2.15 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.09 by $0.06. Lithia Motors had a return on equity of 20.81% and a net margin of 2.43%. The firm had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.70 billion. During the same quarter in the prior year, the firm posted $1.86 earnings per share. Lithia Motors’s revenue for the quarter was up 18.0% compared to the same quarter last year. analysts anticipate 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. Shareholders of record on Friday, March 9th were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 1.07%. The ex-dividend date was Thursday, March 8th. Lithia Motors’s payout ratio is currently 12.87%.
Several research firms recently commented on LAD. Zacks Investment Research upgraded Lithia Motors from a “hold” rating to a “strong-buy” rating and set a $139.00 price target on the stock in a research note on Wednesday, January 10th. Stephens reiterated a “buy” rating on shares of Lithia Motors in a research note on Thursday, February 15th. Buckingham Research cut their price target on Lithia Motors from $137.00 to $131.00 and set a “buy” rating on the stock in a research note on Thursday, February 15th. ValuEngine cut Lithia Motors from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. Finally, Morgan Stanley boosted their price target on Lithia Motors from $116.00 to $126.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 14th. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $129.29.
In other Lithia Motors news, Director Kenneth E. Roberts sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $126.00, for a total transaction of $630,000.00. Following 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 Securities & Exchange Commission, which is available at this link. Corporate insiders own 5.95% 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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