Economy

Lithia Motors Inc (LAD) Receives $115.50 Consensus Target Price from Analysts

The company has market cap of $6.93 billion. If the $135.74 price target is reached, the company will be worth $279.72M more. The stock's 50 day moving average price is $99.79 and its 200-day moving average price is $90.44. About 33,412 shares traded. Lithia Motors has a 1-year low of $80.88 and a 1-year high of $124.04. It has outperformed by 34.70% the S&P500.

Eubel Brady & Suttman Asset Management Inc decreased Thermo Fisher Scientific Inc (TMO) stake by 4.38% reported in 2017Q3 SEC filing. The stock was sold at an average price of $104.50, for a total transaction of $919,600.00. Municipal Employees Retirement System of MI now owns 5,290 shares of the company's stock worth $505,000 after buying an additional 100 shares during the last quarter. Thermo Fisher Scientific Inc now has $84.45B valuation. The stock increased 0.66% or $0.79 during the last trading session, reaching $121.37. About 215,975 shares traded. Thermo Fisher Scientific Inc. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since January 11, 2017 and is uptrending. It has underperformed by 7.95% the S&P500. (NYSE:LAD)'s Buy count is 2 and Strong Buy is 5 while the number of analysts recommending Sell and Strong Sell are 0 and 2, respectively. Therefore 60% are positive. Finally, Berenberg Bank initiated coverage on shares of Lithia Motors in a research note on Wednesday, October 4th. As per Monday, November 13, the company rating was maintained by KeyBanc Capital Markets. The stock has "Outperform" rating by Wolfe Research on Wednesday, August 31. The count of Hold ratings in that period was 0. Canaccord Genuity maintained the shares of FB in report on Monday, October 9 with "Buy" rating. The firm has "Buy" rating given on Tuesday, December 1 by Needham.

Lithia Motors (NYSE:LAD) last released its quarterly earnings data on Wednesday, October 25th. The firm has "Neutral" rating by Susquehanna given on Thursday, February 2. The company was downgraded on Friday, June 16 by Bank of America. KeyBanc Capital Markets has "Buy" rating and $119.0 target.

Investors sentiment decreased to 1.01 in 2017 Q3. Its down 0.18, from 1.19 in 2017Q2. It worsened, as 18 investors sold Lithia Motors, Inc. shares while 72 reduced holdings. Lakewood L P holds 1.52% of its portfolio in Lithia Motors, Inc. Nationwide Fund Advsr has 2.03M shares for 1.36% of their portfolio. (NYSE:LAD) for 4,763 shares. Pacad Investment invested 0.03% of its portfolio in Lithia Motors, Inc. Tower Cap Limited Liability Corp (Trc), New York-based fund reported 3,437 shares. Moreover, Cardinal Capital Management Llc Ct has 2.45% invested in the company for 493,462 shares. Brick And Kyle Associates holds 19,503 shares. Koch Industry Incorporated has 3,848 shares.

Analysts await Lithia Motors, Inc. (NYSE:LAD) for 46,457 shares. 602,948 are held by State Street. Dreman Value Mgmt L L C owns 0.03% invested in Lithia Motors, Inc. (NYSE:LAD) was sold by Liang George Chun-Wai on Tuesday, August 22.

Since January 1, 0001, it had 0 insider buys, and 12 sales for $18.06 million activity.

In other news, Director Kenneth E. Roberts sold 5,000 shares of the stock in a transaction that occurred on Monday, January 8th. (NASDAQ:FB) for 5,992 shares. $208,072 worth of Lithia Motors, Inc.

Shares of Lithia Motors (NYSE:LAD) traded up $2.43 on Friday, hitting $123.01. (NYSE:LAD) moved 1.53% from the open. 3,959 shares were sold by North John F, worth $413,716 on Monday, August 21. The consensus recommendation provided by analysts is now 1.90. Jefferies maintained Lithia Motors, Inc. LAD's profit will be $52.41 million for 14.64 P/E if the $2.10 EPS becomes a reality. Lithia Motors, Inc. (LAD) has risen 16.88% since January 11, 2017 and is uptrending.

Lithia Motors, Inc is an operator of automotive franchises and a retailer of new and used vehicles and services. "However, high merchandise inventory, a continuous fall of used auto prices in all markets and declining sales volume of new vehicles are few concerns now faced by the company". It has a 14.84 P/E ratio. It sells new and used cars, replacement parts, vehicle service contracts, vehicle protection products, and credit insurance products; provides vehicle maintenance, warranty, paint, and fix services; and arranges related financing. (NYSE:LAD) to report earnings on February, 21. The company reported $2.18 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $2.37 by ($0.19). Cibc World Mkts invested in 0.05% or 146,660 shares. Its down 0.18, from 1.19 in 2017Q2. (NASDAQ:FB) for 24.42M shares. 49 funds opened positions while 104 raised stakes. Westfield Cap Mgmt Lp, a Massachusetts-based fund reported 30,211 shares. Harvest Strategies Lc holds 55,000 shares or 1.26% of its portfolio. Marshall Wace Limited Liability Partnership holds 0.39% or 44,224 shares. C Ww Wide Grp Holdg A S has invested 6.01% in Thermo Fisher Scientific Inc. Farmers Merchants Investments holds 0% or 61 shares. Regions accumulated 0% or 1,943 shares. Messner Smith Theme Value Investment Mgmt Ca accumulated 10,648 shares. Schwab Charles Mngmt owns 1.57 million shares or 0.26% of their USA portfolio. Shaker Invests Limited Com Oh invested in 2.54% or 21,595 shares. Boys Arnold reported 5,114 shares stake. Community Natl Bank Na reported 0.01% stake. Five research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Therefore 94% are positive. Watsco had 30 analyst reports since September 11, 2015 according to SRatingsIntel. They set a "hold" rating and a $126.00 price objective for the company. The firm earned "Underweight" rating on Monday, April 18 by Barclays Capital. Jefferies maintained Thermo Fisher Scientific Inc. Jefferies has "Hold" rating and $195.0 target. The rating was maintained by Leerink Swann on Wednesday, May 4 with "Outperform". As per Thursday, January 7, the company rating was initiated by Deutsche Bank. The rating was maintained by Jefferies with "Buy" on Wednesday, June 28. The company was maintained on Monday, November 13 by KeyBanc Capital Markets.

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