How to Buy Lithia Motors Stock
Lithia Motors Inc
Lithia Motors is a auto & truck dealership company located in Oregon, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker LAD on the NYSE exchange.
Lithia Motors stock last closed at $251.20, down 1.16% from the previous day, and has increased 12.3% in one year. It has overperformed other stocks in the Auto & Truck Dealerships industry by 0.34 percentage points. Lithia Motors stock is currently +21.53% from its 52-week low of $206.69, and -24.33% from its 52-week high of $331.96.
As of May 2, 2024, there are 27.41M LAD shares outstanding. The market cap of LAD is $6.88B. In the last 24 hours, 307,128 LAD shares were traded.
How to Buy Lithia Motors Stock
Not sure how to invest in Lithia Motors stock? Here's how.
- Figure out where to buy Lithia Motors stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Lithia Motors stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Choose your payment method and add your information.
- Analyze Lithia Motors stock: The Lithia Motors ticker symbol is LAD. Is Lithia Motors stock a good investment? Should you buy shares of LAD? How do LAD's underlying business fundamentals look? Do top analysts think Lithia Motors is a good buy? Why has LAD's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if LAD is a good stock to buy).
- Execute your LAD buy order: Decide if you will purchase LAD shares at the current market price or use a limit order to purchase LAD stock at a given price.
- Monitor your investment in LAD: Create a watchlist to keep track of your investment in Lithia Motors shares.
Step 1: Figure out where to buy Lithia Motors stock
You will need a brokerage account to access the NYSE market and buy LAD stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal information so you can invest in LAD today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open a new trading account.
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Step 3: Deposit funds into your investment account
Now that you have filled out your info on a investment app, you need to deposit funds:
Watch the video below if you need help transferring money into your new brokerage account.
Step 4: Analyze Lithia Motors stock
After you have selected the best place to buy Lithia Motors stock, it's absolutely critical to analyze their stock prior to buying, so you can understand the risk and opportunity.
Lithia Motors quick stats
Lithia Motors Fundamentals
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on LAD's stock page.
How is LAD stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge LAD's fair value.
Using relative valuations metrics:
- LAD may be undervalued based on its P/E ratio of 7.4x, relative to Auto & Truck Dealerships industry P/E ratio of 13.73x
- LAD could be undervalued based on its P/B ratio of 1.08x, relative to Auto & Truck Dealerships industry P/B ratio of 2.5x
- LAD could be overvalued based on its PEG ratio of 2.08x
You can access additional valuation analysis on LAD's stock here.
How do LAD Financials look?
Pros:
- There are more short-term assets than short-term liabilities on the LAD balance sheet.
- LAD has $404.60M in cash and short term investments. This is sufficient to cover its annual cash burn of $385.80M.
- Total LAD debt is lower than 5 years ago, relative to shareholder equity.
- LAD has cash burn of 385800000. It has enough cash and short-term investments to cover this for at least one year.
Cons:
- LAD has a relatively high debt to equity ratio of 2.48.
- There are more long-term liabilities than short-term assets on the LAD balance sheet.
- LAD profit margin has gone down from 4% to 2.9% in the past year.
Is LAD stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 10 Equities analysts who monitor LAD, the consensus analyst rating on Lithia Motors is a Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent LAD Analyst Recommendations
John Murphy, a bottom 3% analyst from Bank of America maintains LAD with a strong buy rating and raises their LAD price target from $380.00 to $385.00, on Apr 10, 2024.
Adam Jonas, a top 5% analyst from Morgan Stanley maintains LAD with a strong sell rating and raises their LAD price target from $220.00 to $230.00, on Feb 29, 2024.
Kate McShane, a bottom 6% analyst from Goldman Sachs maintains LAD with a hold rating and raises their LAD price target from $300.00 to $334.00, on Feb 15, 2024.
Daniel Imbro, a top 8% analyst from Stephens & Co. reiterates LAD with a strong buy rating and maintains their LAD price target from $375.00 to $375.00, on Feb 14, 2024.
Douglas Dutton, a bottom 44% analyst from Evercore ISI Group initiates coverage on LAD with a buy rating and announces their LAD price target of $400.00, on Jan 17, 2024.
You can dive deeper into what analysts are projecting on the Lithia Motors stock forecast page.
Metrics for Advanced LAD Traders
LAD Performance Metrics
Last year, LAD earnings were $934.80M. During the past five year, LAD's earnings have grown by 24.6% per year. This was faster than the Auto & Truck Dealerships industry average of 10.94%.
Last year, LAD revenue was $32.62B. During the last 5 year, LAD's revenue has gone up by 22.12% per year. This was faster than the Auto & Truck Dealerships industry average of 19.45%.
You can analyze LAD's earnings and revenue performance here.
Latest Insiders Trades at LAD
Over the past year, executives and large shareholders at LAD have sold more shares than they have bought.
Sidney B. Deboer, Director of LAD, was the latest LAD insider to sell. They sold $21,876.68 worth of LAD stock on May 1, 2024.
Dig into more about who owns LAD shares here.
Does LAD stock generate passive income?
Lithia Motors pays a dividend of 0.8%, compared to the Auto & Truck Dealerships industry's average dividend yield of 1.99%. If you owned $1,000 worth of LAD stock, you would have received $7.96 last year.
Lithia Motors dividend payments have consistently grown over the past decade and have remained stable.
Get more analysis about Lithia Motors dividend yield and history here.
LAD Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your LAD buy order
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, use a limit order.
Hit the Open button and eToro will place your order.
If you need more help buying stocks on eToro, watch the how to video below:
Step 6: Monitor your investment in LAD
Now that you own some LAD shares, you'll want to keep up with your company.
Create a watchlist to track your LAD stock.
LAD Feed
How to Buy Stock in Lithia Motors
To reiterate, here are the 6 steps to buy Lithia Motors stock:
- Figure out where to buy Lithia Motors stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Analyze Lithia Motors stock
- Execute your LAD buy order
- Monitor your investment in LAD
If you are looking for a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your new investment in Lithia Motors, add LAD to your watchlist below.
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