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Shares of Lithia Motors (NYSE:LAD) have earned an average recommendation of “Buy” from the ten analysts that are covering the stock, American Banking and Market News reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $90.95.

LAD has been the subject of a number of recent research reports. Analysts at Morgan Stanley downgraded shares of Lithia Motors from an “overweight” rating to an “underweight” rating in a research note on Friday. They now have a $80.00 price target on the stock. Separately, analysts at Zacks upgraded shares of Lithia Motors from a “neutral” rating to an “outperform” rating in a research note on Wednesday, July 30th. They now have a $97.70 price target on the stock. Finally, analysts at KeyCorp reiterated a “buy” rating on shares of Lithia Motors in a research note on Wednesday, July 16th. They now have a $103.00 price target on the stock, up previously from $96.00.

Shares of Lithia Motors (NYSE:LAD) traded down 2.45% on Friday, hitting $91.18. 73,929 shares of the company’s stock traded hands. Lithia Motors has a 1-year low of $53.57 and a 1-year high of $97.20. The stock has a 50-day moving average of $92.41 and a 200-day moving average of $75.45. The company has a market cap of $2.380 billion and a P/E ratio of 20.95.

Lithia Motors (NYSE:LAD) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.10. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the previous year, the company posted $1.05 earnings per share. The company’s revenue for the quarter was up 21.2% on a year-over-year basis. On average, analysts predict that Lithia Motors will post $5.05 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, August 22nd. Stockholders of record on Friday, August 8th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date of this dividend is Wednesday, August 6th.

Lithia Motors, Inc, is an operator of automotive franchises and a retailer of new and used vehicles and services.

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