Lithia Motors (LAD) Projected to Post Earnings on Tuesday

Lithia Motors (NYSE:LAD - Get Free Report) is projected to post its Q2 2025 quarterly earnings results before the market opens on Tuesday, July 29th. Analysts expect Lithia Motors to post earnings of $8.53 per share and revenue of $9.56 billion for the quarter.

Lithia Motors (NYSE:LAD - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The company reported $7.66 EPS for the quarter, missing analysts' consensus estimates of $7.77 by ($0.11). Lithia Motors had a return on equity of 12.74% and a net margin of 2.30%. The firm had revenue of $9.18 billion for the quarter, compared to analyst estimates of $9.19 billion. During the same period in the previous year, the firm posted $6.11 earnings per share. The company's revenue for the quarter was up 7.2% on a year-over-year basis. On average, analysts expect Lithia Motors to post $34 EPS for the current fiscal year and $40 EPS for the next fiscal year.

Lithia Motors Stock Down 2.6%

Shares of NYSE LAD traded down $8.46 during trading on Thursday, reaching $310.92. 153,460 shares of the stock were exchanged, compared to its average volume of 333,065. The business's 50-day moving average price is $327.98 and its 200 day moving average price is $325.57. Lithia Motors has a twelve month low of $247.01 and a twelve month high of $405.67. The company has a quick ratio of 0.31, a current ratio of 1.18 and a debt-to-equity ratio of 1.22. The company has a market capitalization of $8.09 billion, a price-to-earnings ratio of 9.81, a price-to-earnings-growth ratio of 0.50 and a beta of 1.46.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Guggenheim reduced their target price on shares of Lithia Motors from $417.00 to $356.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. JPMorgan Chase & Co. cut their price target on shares of Lithia Motors from $345.00 to $335.00 and set an "overweight" rating on the stock in a report on Wednesday, July 16th. Wells Fargo & Company upped their price target on shares of Lithia Motors from $305.00 to $364.00 and gave the company an "equal weight" rating in a report on Wednesday, July 9th. The Goldman Sachs Group assumed coverage on shares of Lithia Motors in a report on Tuesday, June 3rd. They issued a "neutral" rating and a $340.00 price target on the stock. Finally, Bank of America upped their price target on shares of Lithia Motors from $430.00 to $500.00 and gave the company a "buy" rating in a report on Monday, June 16th. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $382.50.

Insider Activity at Lithia Motors

In other news, Director Shauna Mcintyre sold 337 shares of the company's stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $295.94, for a total transaction of $99,731.78. Following the completion of the transaction, the director owned 1,632 shares in the company, valued at approximately $482,974.08. This represents a 17.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.87% of the company's stock.

Hedge Funds Weigh In On Lithia Motors

Several institutional investors have recently modified their holdings of LAD. Goldman Sachs Group Inc. lifted its holdings in Lithia Motors by 67.6% in the first quarter. Goldman Sachs Group Inc. now owns 113,346 shares of the company's stock worth $33,272,000 after purchasing an additional 45,716 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Lithia Motors by 16.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 93,170 shares of the company's stock worth $27,349,000 after purchasing an additional 13,407 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Lithia Motors by 13.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,474 shares of the company's stock worth $2,487,000 after purchasing an additional 1,032 shares during the period.

About Lithia Motors

Lithia Motors, Inc operates as an automotive retailer worldwide. It operates in two segments, Vehicle Operations and Financing Operations. The company's Vehicle Operations segment sells new and used vehicles; provides parts, repair, and maintenance services; vehicle finance; and insurance products. Its Financing Operations segment provides financing to customers buying and leasing retail vehicles.