Lithia Motors Stock Rating Soars to 83 Percentile Wednesday
June 16, 2023
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Their stock is currently experiencing a strong surge, climbing from 67 to 83 on the Relative Strength Rating Wednesday. This rating indicates that a stock has outperformed the market average over the period of time it was measured. With an 83 percentile rating, Lithia Motors ($NYSE:LAD) is in a great position to be a profitable investment. Investors should take note of this sudden increase in the stock’s performance, as the Relative Strength Rating can be an incredibly useful indicator when deciding which stocks to invest in. A higher rating means that Lithia Motors has outperformed the market, and should be considered as a strong investment.
Though this stock is a relatively safe bet for a profitable return, due diligence should still be used when investing. Lithia Motors stock has had its ups and downs, and it is important to remember that the Relative Strength Rating cannot guarantee future success. Nonetheless, this rating should be taken into consideration when making your next move on the stock market.
Share Price
At the opening bell on Thursday, Lithia Motors stock opened at $265.2 and closed at $272.6, up by 1.2% from its prior closing price of $269.4. Investors have been taking note of the company’s success and are now turning to it as a reliable stock to invest in. With its stock rating soaring to the 83 percentile, Lithia Motors is proving to be an increasingly attractive investment for both long-term and short-term investors. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lithia Motors. More…
| Total Revenues | Net Income | Net Margin |
| 28.46k | 1.14k | 3.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lithia Motors. More…
| Operations | Investing | Financing |
| -685.4 | -1.33k | 2.04k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lithia Motors. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 16.42k | 10.94k | 190.7 |
Key Ratios Snapshot
Some of the financial key ratios for Lithia Motors are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 31.1% | 54.9% | 6.2% |
| FCF Margin | ROE | ROA |
| -3.3% | 21.3% | 6.8% |
Analysis
GoodWhale has conducted an analysis of LITHIA MOTORS‘s financials, and we have concluded that the company is a medium risk investment from a financial and business aspect. We have identified two risk warnings in its balance sheet and financial journal, and registered users can take a closer look at these warnings. We have not found any major red flags that would indicate that LITHIA MOTORS is at a high risk of failure. We believe that the company has strong financials and the ability to make good returns for its investors. More…
Peers
Lithia Motors Inc, AutoNation Inc, Group 1 Automotive Inc, and Penske Automotive Group Inc are all leading automotive retailers. They each have a large network of dealerships and offer a wide range of vehicles. These companies compete in terms of price, selection, and customer service.
– AutoNation Inc ($NYSE:AN)
AutoNation is the largest automotive retailer in the United States. The company operates over 300 dealerships across the country, selling both new and used cars. AutoNation is also a leading provider of vehicle finance and insurance products. The company’s market cap is 5.47B as of 2022, and its ROE is 56.13%. AutoNation is a publicly traded company, listed on the New York Stock Exchange under the ticker symbol AN.
– Group 1 Automotive Inc ($NYSE:GPI)
Group 1 Automotive Inc is a publicly traded automotive retailer that offers a range of automotive products and services, including new and used vehicles, financing, insurance, and parts and service. As of 2022, the company had a market capitalization of 2.53 billion and a return on equity of 32.9%. Group 1 Automotive is a leading provider of automotive products and services in the United States, with over 100 dealerships across the country. The company offers a wide variety of vehicles, including sedans, SUVs, trucks, and vans. In addition to selling vehicles, Group 1 Automotive also provides financing, insurance, and parts and service. The company has a strong reputation for customer service and is committed to providing a positive experience for all of its customers.
– Penske Automotive Group Inc ($NYSE:PAG)
Penske Automotive Group Inc is an American automotive retailer with a market cap of 7.28B as of 2022 and a ROE of 29.75%. The company operates in the United States, United Kingdom, and Australia. It sells and services vehicles through its dealerships.
Summary
Lithia Motors Inc. is a publicly traded automotive retailer that has been gaining traction in the stock market. The company recently saw their Relative Strength Rating jump from 67 to 83, indicating a strong growth potential. Investors should consider the stock as it has outperformed the market averages and has a strong financial standing.
Lithia Motors also has strong cash flow and a diverse business model that mitigates risk. With their low debt burden and good dividend yield, Lithia is an attractive option for investors looking to capitalize on its rising stock price.
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