Lithia Motors Inc (LAD) Analysts See $2.39 EPS

September 23, 2017 - By Adrian Erickson

 Lithia Motors Inc (LAD) Analysts See $2.39 EPS
Investors sentiment decreased to 1.19 in Q2 2017. Its down 0.03, from 1.22 in 2017Q1. It dived, as 32 investors sold Lithia Motors Inc shares while 56 reduced holdings. 31 funds opened positions while 74 raised stakes. 25.74 million shares or 5.27% more from 24.45 million shares in 2017Q1 were reported.
Massachusetts-based State Street Corporation has invested 0.01% in Lithia Motors Inc (NYSE:LAD). Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 1,198 shares. Bluecrest Capital Mngmt Ltd has 0.28% invested in Lithia Motors Inc (NYSE:LAD) for 76,279 shares. Sg Americas Secs Llc has invested 0.01% in Lithia Motors Inc (NYSE:LAD). Ameriprise Fin Incorporated holds 182,398 shares. Comerica Retail Bank holds 0.04% or 48,685 shares. Moreover, Thomson Horstmann & Bryant has 0.07% invested in Lithia Motors Inc (NYSE:LAD). 8,405 are owned by Bank. Deutsche Comml Bank Ag invested in 45,723 shares. Eaton Vance Management holds 0.01% or 31,237 shares. 934,805 are held by Dimensional Fund Advsrs L P. Paloma Prtnrs accumulated 21,465 shares. Northern Tru Corp reported 322,984 shares. Madison Invest Holdings holds 0.32% or 183,473 shares. Gotham Asset Management Limited Com, New York-based fund reported 51,078 shares.

Since May 2, 2017, it had 0 buys, and 6 sales for $3.00 million activity. Another trade for 7,466 shares valued at $709,270 was sold by DEBOER BRYAN B. $214,291 worth of Lithia Motors Inc (NYSE:LAD) was sold by Cain Susan O on Monday, May 8.

Analysts expect Lithia Motors Inc (NYSE:LAD) to report $2.39 EPS on October, 19.They anticipate $0.33 EPS change or 16.02 % from last quarter’s $2.06 EPS. LAD’s profit would be $60.96M giving it 12.18 P/E if the $2.39 EPS is correct. After having $2.28 EPS previously, Lithia Motors Inc’s analysts see 4.82 % EPS growth. The stock increased 1.87% or $2.14 on September 22, reaching $116.44. About 220,449 shares traded or 7.21% up from the average. Lithia Motors Inc (NYSE:LAD) has risen 16.88% since September 24, 2016 and is uptrending. It has outperformed by 0.18% the S&P500.

Lithia Motors Inc (NYSE:LAD) Ratings Coverage

Among 9 analysts covering Lithia Motors (NYSE:LAD), 6 have Buy rating, 1 Sell and 2 Hold. Therefore 67% are positive. Lithia Motors had 13 analyst reports since July 23, 2015 according to SRatingsIntel. As per Monday, April 11, the company rating was initiated by Jefferies. The company was maintained on Friday, September 8 by Jefferies. KeyBanc Capital Markets reinitiated the shares of LAD in report on Wednesday, November 16 with “Overweight” rating. The stock of Lithia Motors Inc (NYSE:LAD) earned “Underperform” rating by Bank of America on Friday, June 16. Seaport Global initiated the shares of LAD in report on Wednesday, June 14 with “Neutral” rating. As per Wednesday, June 28, the company rating was maintained by Jefferies. Wolfe Research initiated the stock with “Outperform” rating in Wednesday, August 31 report. The stock of Lithia Motors Inc (NYSE:LAD) has “Buy” rating given on Tuesday, September 5 by KeyBanc Capital Markets. The firm earned “Neutral” rating on Thursday, February 2 by Susquehanna.

Lithia Motors, Inc. is an operator of automotive franchises and a retailer of new and used vehicles and related services. The company has market cap of $2.97 billion. 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. It has a 14.04 P/E ratio. It operates through three divisions: Domestic, Import and Luxury.

More notable recent Lithia Motors Inc (NYSE:LAD) news were published by: Nasdaq.com which released: “Why Lithia Motors, Inc. (LAD) Could Be a Top Value Stock Pick” on September 01, 2017, also Nasdaq.com with their article: “Lithia Motors, Inc. (LAD) Ex-Dividend Date Scheduled for August 09, 2017” published on August 08, 2017, Reuters.com published: “BRIEF-Lithia Motors Inc says has acquired Baierl Auto Group” on May 01, 2017. More interesting news about Lithia Motors Inc (NYSE:LAD) were released by: Seekingalpha.com and their article: “Lithia Motors’ (LAD) CEO Bryan DeBoer on Q1 2017 Results – Earnings Call …” published on April 19, 2017 as well as Seekingalpha.com‘s news article titled: “Lithia Motors (LAD) Q2 2017 Results – Earnings Call Transcript” with publication date: July 28, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.