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Best Auto & Truck Dealership Stocks to Buy Now (2023)

Top auto & truck dealership stocks in 2023 ranked by overall Zen Score. See the best auto & truck dealership stocks to buy now, according to analyst forecasts for the auto & truck dealerships industry.

According to Zen Score, the 3 best auto & truck dealership stocks to buy right now are:

Rush Enterprises (NASDAQ:RUSHA) is the top auto & truck dealership stock with a Zen Score of 69, which is 31 points higher than the auto & truck dealership industry average of 38. It passed 25 out of 38 due diligence checks and has strong fundamentals. Rush Enterprises has seen its stock lose -1.82% over the past year, underperforming other auto & truck dealership stocks by -1 percentage points.

Rush Enterprises has an average 1 year price target of $61.00, an upside of 15.36% from Rush Enterprises's current stock price of $52.88.

Rush Enterprises stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Rush Enterprises, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Lazydays Holdings (NASDAQ:LAZY) is the second best auto & truck dealership stock with a Zen Score of 62, which is 24 points higher than the auto & truck dealership industry average of 38. It passed 20 out of 33 due diligence checks and has strong fundamentals. Lazydays Holdings has seen its stock lose -22.5% over the past year, underperforming other auto & truck dealership stocks by -21 percentage points.

Lazydays Holdings has an average 1 year price target of $19.00, an upside of 47.86% from Lazydays Holdings's current stock price of $12.85.

Lazydays Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Lazydays Holdings, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Sonic Automotive (NYSE:SAH) is the third best auto & truck dealership stock with a Zen Score of 53, which is 15 points higher than the auto & truck dealership industry average of 38. It passed 20 out of 38 due diligence checks and has strong fundamentals. Sonic Automotive has seen its stock return 3.18% over the past year, overperforming other auto & truck dealership stocks by 4 percentage points.

Sonic Automotive has an average 1 year price target of $51.67, an upside of 1.31% from Sonic Automotive's current stock price of $51.00.

Sonic Automotive stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Sonic Automotive, 40% have issued a Strong Buy rating, 0% have issued a Buy, 20% have issued a hold, while 20% have issued a Sell rating, and 20% have issued a Strong Sell.

Out of 5 auto & truck dealership stocks that have issued dividends in the past year, the 3 auto & truck dealership stocks with the highest dividend yields are:

Sonic Automotive (NYSE:SAH) has an annual dividend yield of 2.02%, which is 1 percentage points higher than the auto & truck dealership industry average of 1.13%. Sonic Automotive's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Sonic Automotive's dividend has shown consistent growth over the last 10 years.

Sonic Automotive's dividend payout ratio of 9.2% indicates that its dividend yield is sustainable for the long-term.

Penske Automotive Group (NYSE:PAG) has an annual dividend yield of 1.69%, which is 1 percentage points higher than the auto & truck dealership industry average of 1.13%. Penske Automotive Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Penske Automotive Group's dividend has shown consistent growth over the last 10 years.

Penske Automotive Group's dividend payout ratio of 10.7% indicates that its dividend yield is sustainable for the long-term.

Rush Enterprises (NASDAQ:RUSHA) has an annual dividend yield of 1.51%, which is the same as the auto & truck dealership industry average of 1.13%. Rush Enterprises's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Rush Enterprises's dividend has shown consistent growth over the last 10 years.

Rush Enterprises's dividend payout ratio of 12.3% indicates that its dividend yield is sustainable for the long-term.

Auto & truck dealership stocks were up 2.6% in the last day, and up 6.63% over the last week.

We couldn't find a catalyst for why auto & truck dealership stocks are up.

Based on WallStreetZen's Valuation Score, the 3 most undervalued auto & truck dealership stocks right now are:

Lazydays Holdings (NASDAQ:LAZY) is the most undervalued auto & truck dealership stock based on WallStreetZen's Valuation Score. Lazydays Holdings has a valuation score of 100, which is 60 points higher than the auto & truck dealership industry average of 40. It passed 7 out of 7 valuation due diligence checks.

Lazydays Holdings's stock has dropped -22.5% in the past year. It has underperformed other stocks in the auto & truck dealership industry by -21 percentage points.

Americas Carmart (NASDAQ:CRMT) is the second most undervalued auto & truck dealership stock based on WallStreetZen's Valuation Score. Americas Carmart has a valuation score of 86, which is 46 points higher than the auto & truck dealership industry average of 40. It passed 6 out of 7 valuation due diligence checks.

Americas Carmart's stock has dropped -17.91% in the past year. It has underperformed other stocks in the auto & truck dealership industry by -17 percentage points.

Rush Enterprises (NASDAQ:RUSHA) is the third most undervalued auto & truck dealership stock based on WallStreetZen's Valuation Score. Rush Enterprises has a valuation score of 86, which is 46 points higher than the auto & truck dealership industry average of 40. It passed 6 out of 7 valuation due diligence checks.

Rush Enterprises's stock has dropped -1.82% in the past year. It has underperformed other stocks in the auto & truck dealership industry by -1 percentage points.