Analyst Ratings for Lithia Motors Inc (LAD)Updated: 2016-08-11
Investment analysts gave a few price targets for LAD. The most optimistic analyst gave a price target of 122, implying a possible profit of 45.55 percent. The most pessimistic analyst gave a price target of 85, which equates to a potential downside of 1.41 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -1.14 percent on average, compared to last month. That number becomes -1.37 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0.26 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.4 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 3 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of LAD to grow at a rate of 11.26 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. LAD has a PEG ratio of 1.06.
In the last 52-weeks, LAD has achieved a high of 126.56 and a low of 68.70. The current market price is above the trailing year's low by 22.01 percent, and 33.77 percent below the high. LAD has a P/E ratio of 11.96. Investors typically compare the P/E ratio to a company's peers in the industry. The LAD value stock report compares LAD to some of its peers using value stock charts. The market cap of LAD is $2.1 billion. LAD is estimated to release their earnings results for the quarter on 2016-10-19, days from today.