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Sectors & IndustriesConsumer CyclicalAuto & Truck Dealerships
Best Auto & Truck Dealership Stocks to Buy Now (2024)
Top auto & truck dealership stocks in 2024 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.

Industry: Auto & Truck Dealerships
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
SAH
SONIC AUTOMOTIVE INC
$1.92B$56.69$55.33-2.39%Hold31.63%15.00%31.14%5.21%
RUSHA
RUSH ENTERPRISES INC
$3.55B$45.20$60.0032.74%Strong Buy1N/A-26.47%17.87%7.47%
LAD
LITHIA MOTORS INC
$7.32B$266.94$313.9017.59%Buy1010.35%4.00%20.51%5.87%
PAG
PENSKE AUTOMOTIVE GROUP INC
$10.38B$155.15$147.50-4.93%Hold21.90%-2.35%19.52%5.82%
CARS
CARSCOM INC
$1.26B$19.10$25.0030.89%Buy14.73%7.50%N/AN/A
GPI
GROUP 1 AUTOMOTIVE INC
$3.99B$295.02$300.001.69%Strong Buy48.61%-3.38%20.28%6.61%
CARG
CARGURUS INC
$2.64B$25.30$27.568.94%Buy86.33%70.25%52.25%34.10%
ACVA
ACV AUCTIONS INC
$2.87B$17.37$21.0020.90%Buy625.89%N/AN/AN/A
ABG
ASBURY AUTOMOTIVE GROUP INC
$5.00B$247.98$230.00-7.25%Hold25.45%3.32%N/AN/A
KMX
CARMAX INC
$12.63B$80.93$76.00-6.09%Hold113.14%18.59%10.77%2.44%
CWH
CAMPING WORLD HOLDINGS INC
$1.81B$21.39$27.6029.03%Strong Buy52.12%491.07%127.92%2.52%
CVNA
CARVANA CO
$27.60B$136.24$118.92-12.72%Hold1214.41%-34.36%N/AN/A
RMBL
RUMBLEON INC
$151.78M$4.31$9.33116.79%Strong Buy37.22%N/A39.56%4.08%
AN
AUTONATION INC
$6.86B$170.48$179.295.17%Buy70.59%-0.64%N/AN/A
DRVN
DRIVEN BRANDS HOLDINGS INC
$2.14B$13.02$16.0623.37%Buy85.70%N/A31.14%4.79%
SDA
SUNCAR TECHNOLOGY GROUP INC
$798.38M$8.90N/AN/AN/AN/AN/AN/AN/AN/A
UCAR
U POWER LTD
$10.28M$8.27N/AN/AN/AN/AN/AN/AN/AN/A
JZXN
JIUZI HOLDINGS INC
$1.02M$3.26N/AN/AN/AN/AN/AN/AN/AN/A
CTNT
CHEETAH NET SUPPLY CHAIN SERVICE INC
$9.02M$0.47$4.00751.06%Strong Buy1N/AN/AN/AN/A
CANG
CANGO INC
$213.15M$2.02N/AN/AN/AN/AN/AN/AN/AN/A
GORV
LAZYDAYS HOLDINGS INC
$43.88M$3.12N/AN/AN/AN/A-2.07%N/A-14.24%-2.38%
KAR
OPENLANE INC
$1.92B$17.71$21.6722.34%Buy35.00%N/A11.40%3.15%
VRM
VROOM INC
$16.66M$9.21N/AN/AN/AN/A37.59%N/AN/AN/A
KXIN
KAIXIN HOLDINGS
$6.23M$0.13N/AN/AN/AN/AN/AN/AN/AN/A
KFS
KINGSWAY FINANCIAL SERVICES INC
$233.70M$8.37N/AN/AN/AN/AN/AN/AN/AN/A
CRMT
AMERICAS CARMART INC
$429.49M$67.19$66.00-1.77%Sell2-0.70%N/A7.56%2.42%
UXIN
UXIN LTD
$8.00M$1.85N/AN/AN/AN/AN/AN/AN/AN/A

Auto & Truck Dealership Stocks FAQ

What are the best auto & truck dealership stocks to buy right now in Jul 2024?

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

1. Rush Enterprises (NASDAQ:RUSHA)


Rush Enterprises (NASDAQ:RUSHA) is the top auto & truck dealership stock with a Zen Score of 52, which is 25 points higher than the auto & truck dealership industry average of 27. It passed 18 out of 38 due diligence checks and has strong fundamentals. Rush Enterprises has seen its stock return 12.23% over the past year, overperforming other auto & truck dealership stocks by 48 percentage points.

Rush Enterprises has an average 1 year price target of $60.00, an upside of 32.74% from Rush Enterprises's current stock price of $45.20.

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

2. Sonic Automotive (NYSE:SAH)


Sonic Automotive (NYSE:SAH) is the second best auto & truck dealership stock with a Zen Score of 52, which is 25 points higher than the auto & truck dealership industry average of 27. It passed 18 out of 38 due diligence checks and has strong fundamentals. Sonic Automotive has seen its stock return 9.95% over the past year, overperforming other auto & truck dealership stocks by 46 percentage points.

Sonic Automotive has an average 1 year price target of $55.33, a downside of -2.39% from Sonic Automotive's current stock price of $56.69.

Sonic Automotive stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Sonic Automotive, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 33.33% have issued a Strong Sell.

3. Lithia Motors (NYSE:LAD)


Lithia Motors (NYSE:LAD) is the third best auto & truck dealership stock with a Zen Score of 51, which is 24 points higher than the auto & truck dealership industry average of 27. It passed 19 out of 38 due diligence checks and has strong fundamentals. Lithia Motors has seen its stock lose -17.23% over the past year, overperforming other auto & truck dealership stocks by 18 percentage points.

Lithia Motors has an average 1 year price target of $313.90, an upside of 17.59% from Lithia Motors's current stock price of $266.94.

Lithia Motors stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Lithia Motors, 40% have issued a Strong Buy rating, 20% have issued a Buy, 30% have issued a hold, while 0% have issued a Sell rating, and 10% have issued a Strong Sell.

What are the auto & truck dealership stocks with highest dividends?

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:

1. Camping World Holdings (NYSE:CWH)


Camping World Holdings (NYSE:CWH) has an annual dividend yield of 2.34%, which is 1 percentage points higher than the auto & truck dealership industry average of 1.55%. Camping World Holdings's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Camping World Holdings's dividend has shown consistent growth over the last 10 years.

Camping World Holdings's dividend payout ratio of 714.3% indicates that its dividend yield might not be sustainable for the long-term.

2. Penske Automotive Group (NYSE:PAG)


Penske Automotive Group (NYSE:PAG) has an annual dividend yield of 2.15%, which is 1 percentage points higher than the auto & truck dealership industry average of 1.55%. 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 21.1% indicates that its dividend yield is sustainable for the long-term.

3. Sonic Automotive (NYSE:SAH)


Sonic Automotive (NYSE:SAH) has an annual dividend yield of 2.1%, which is 1 percentage points higher than the auto & truck dealership industry average of 1.55%. Sonic Automotive's dividend payout is stable, having never dropped by more than 10% 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 23.6% indicates that its dividend yield is sustainable for the long-term.

Why are auto & truck dealership stocks up?

Auto & truck dealership stocks were up 1.8% in the last day, and up 7.57% over the last week. Carvana Co was the among the top gainers in the auto & truck dealerships industry, gaining 4.86% yesterday.

Carvana shares are trading higher after BTIG analyst Marvin Fong initiated coverage on the stock with a Buy rating and a price target of $155.

What are the most undervalued auto & truck dealership stocks?

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

1. Rush Enterprises (NASDAQ:RUSHA)


Rush Enterprises (NASDAQ:RUSHA) is the most undervalued auto & truck dealership stock based on WallStreetZen's Valuation Score. Rush Enterprises has a valuation score of 71, which is 49 points higher than the auto & truck dealership industry average of 22. It passed 5 out of 7 valuation due diligence checks.

Rush Enterprises's stock has gained 12.23% in the past year. It has overperformed other stocks in the auto & truck dealership industry by 48 percentage points.

2. Sonic Automotive (NYSE:SAH)


Sonic Automotive (NYSE:SAH) is the second most undervalued auto & truck dealership stock based on WallStreetZen's Valuation Score. Sonic Automotive has a valuation score of 57, which is 35 points higher than the auto & truck dealership industry average of 22. It passed 4 out of 7 valuation due diligence checks.

Sonic Automotive's stock has gained 9.95% in the past year. It has overperformed other stocks in the auto & truck dealership industry by 46 percentage points.

3. Group 1 Automotive (NYSE:GPI)


Group 1 Automotive (NYSE:GPI) is the third most undervalued auto & truck dealership stock based on WallStreetZen's Valuation Score. Group 1 Automotive has a valuation score of 43, which is 21 points higher than the auto & truck dealership industry average of 22. It passed 3 out of 7 valuation due diligence checks.

Group 1 Automotive's stock has gained 10.62% in the past year. It has overperformed other stocks in the auto & truck dealership industry by 46 percentage points.

Are auto & truck dealership stocks a good buy now?

38.89% of auto & truck dealership stocks rated by analysts are a buy right now. On average, analysts expect auto & truck dealership stocks to rise by 3.58% over the next year.

What is the average p/e ratio of the auto & truck dealerships industry?

The average P/E ratio of the auto & truck dealerships industry is 18.7x.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.