Lithia Motors (LAD) Earning Somewhat Positive Press Coverage, Study Finds

Media coverage about Lithia Motors (NYSE:LAD) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lithia Motors earned a daily sentiment score of 0.05 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.1246011363657 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the media stories that may have effected Accern’s scoring:

Shares of Lithia Motors (NYSE:LAD) traded down $5.37 during trading on Monday, hitting $114.91. 287,155 shares of the stock were exchanged, compared to its average volume of 199,477. The company has a market capitalization of $3,001.95, a PE ratio of 13.96, a PEG ratio of 0.62 and a beta of 1.66. Lithia Motors has a 52 week low of $80.88 and a 52 week high of $127.99. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.26 and a current ratio of 1.21.

A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Lithia Motors from a “hold” rating to a “strong-buy” rating and set a $139.00 target price for the company in a research report on Wednesday, January 10th. Bank of America raised shares of Lithia Motors from an “underperform” rating to a “neutral” rating and set a $128.00 target price for the company in a research report on Monday, January 8th. Finally, KeyCorp reissued a “buy” rating and issued a $130.00 target price on shares of Lithia Motors in a research report on Monday, November 13th. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $127.33.

In other news, Director Susan O. Cain sold 1,302 shares of the business’s stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $115.79, for a total value of $150,758.58. Following the completion of the sale, the director now owns 10,940 shares of the company’s stock, valued at $1,266,742.60. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Sidney B. Deboer sold 831 shares of the business’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $113.32, for a total value of $94,168.92. Following the completion of the transaction, the director now directly owns 433 shares of the company’s stock, valued at approximately $49,067.56. The disclosure for this sale can be found here. In the last three months, insiders sold 15,718 shares of company stock valued at $1,905,932. 7.85% of the stock is currently owned by company insiders.

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Lithia Motors Company Profile

Lithia Motors, Inc is an operator of automotive franchises and a retailer of new and used vehicles and related services. As of February 28, 2017, it offered 30 brands of new vehicles and all brands of used vehicles in 154 stores in the United States and online at Lithia.com, DCHauto.com and CarboneCars.com.

Insider Buying and Selling by Quarter for Lithia Motors (NYSE:LAD)

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