Shifting gears to the Relative Strength Index, the 14-day RSI is now sitting at 48.19, the 7-day is 46.85, and the 3-day is now at 49.68 for Lithia Motors (LAD). The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern also assigned press coverage about the company an impact score of 47.363671905049 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term. Lithia Motors earned a daily sentiment score of 0.18 on Accern's scale. The firm owned 93,200 shares of the company's stock after buying an additional 645 shares during the period. Traders may be keeping close tabs to see if the stock is displaying signs of bearish momentum. 100,960 shares of the stock traded hands, compared to its average volume of 242,918. Lithia Motors has a fifty-two week low of $80.88 and a fifty-two week high of $123.50. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.21 and a quick ratio of 0.26. The stock has a market cap of $2,842.97, a price-to-earnings ratio of 14.06, a P/E/G ratio of 0.97 and a beta of 1.72. Stifel Financial Corp boosted its holdings in Lithia Motors by 41.5% during the second quarter.
Stock analysts at Seaport Global Securities issued their FY2017 earnings per share (EPS) estimates for Lithia Motors in a report issued on Wednesday. Lithia Motors had a return on equity of 21.02% and a net margin of 2.14%. The business had revenue of $2.69 billion during the quarter, compared to analyst estimates of $2.62 billion. During the same period in the previous year, the company posted $2.06 earnings per share. The company reported $2.18 EPS for the quarter, missing analysts' consensus estimates of $2.37 by ($0.19).
The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 24th. Stockholders of record on Friday, November 10th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $1.08 dividend on an annualized basis and a yield of 0.95%. Lithia Motors (LAD)'s Williams %R presently stands at -36.98.
A number of other research analysts have also commented on the stock.
August 3 investment analysts at Jefferies Group LLC held the stock rating at "Buy" projecting a price of $125.00. KeyCorp restated a "buy" rating and set a $130.00 target price (up from $119.00) on shares of Lithia Motors in a research report on Wednesday, October 4th. Zacks Investment Research lowered shares of Lithia Motors from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, October 10th. Finally, Berenberg Bank assumed coverage on shares of Lithia Motors in a research report on Wednesday, October 4th. Finally, Morgan Stanley reissued an "overweight" rating and set a $116.00 target price (up previously from $106.00) on shares of Lithia Motors in a research report on Wednesday, August 2nd. The company has a consensus rating of "Hold" and an average target price of $116.29.
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In other news, Director Sidney B. Deboer sold 8,800 shares of the company's stock in a transaction on Tuesday, January 17th. The shares were sold at an average price of $107.10, for a total transaction of $110,420.10. Vanguard Group Inc. now owns 2,097,189 shares of the company's stock valued at $197,618,000 after purchasing an additional 56,888 shares in the last quarter. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
In related news, insider George Chun-Wai Liang sold 1,970 shares of the firm's stock in a transaction dated Tuesday, August 22nd. The stock was sold at an average price of $104.50, for a total transaction of $919,600.00.