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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
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
RUSHA
RUSH ENTERPRISES INC
$3.54B1.43%14.50%$0.1700$0.6528%02024-05-082024-06-10
PAG
PENSKE AUTOMOTIVE GROUP INC
$10.28B1.98%19.60%$0.8700$3.0439%0
LAD
LITHIA MOTORS INC
$7.10B0.78%5.30%$0.5000$2.0013%02024-05-092024-05-24
KMX
CARMAX INC
$10.89BN/A0.00%N/AN/AN/AN/A
GPI
GROUP 1 AUTOMOTIVE INC
$4.11B0.61%4.20%$0.4700$1.8210%0
SAH
SONIC AUTOMOTIVE INC
$1.92B2.08%23.60%$0.3000$1.1841%1
CVNA
CARVANA CO
$15.65BN/A0.00%N/AN/AN/AN/A
ACVA
ACV AUCTIONS INC
$2.90BN/A0.00%N/AN/AN/AN/A
ABG
ASBURY AUTOMOTIVE GROUP INC
$4.43BN/A0.00%N/AN/AN/AN/A
CARS
CARSCOM INC
$1.11BN/A0.00%N/AN/AN/AN/A
SDA
SUNCAR TECHNOLOGY GROUP INC
$616.09MN/A0.00%N/AN/AN/AN/A
RMBL
RUMBLEON INC
$174.61MN/A0.00%N/AN/AN/AN/A
KXIN
KAIXIN AUTO HOLDINGS
$2.01MN/A0.00%N/AN/AN/AN/A
CARG
CARGURUS INC
$2.46BN/A0.00%N/AN/AN/AN/A
AN
AUTONATION INC
$6.68BN/A0.00%N/AN/AN/AN/A
VRM
VROOM INC
$20.60MN/A0.00%N/AN/AN/AN/A
CWH
CAMPING WORLD HOLDINGS INC
$1.78B4.75%214.30%$0.1250$1.0076%3
KFS
KINGSWAY FINANCIAL SERVICES INC
$239.87MN/A0.00%N/AN/AN/AN/A
CZOO
CAZOO GROUP LTD
$4.25MN/A0.00%N/AN/AN/AN/A
UCAR
U POWER LTD
$2.78MN/A0.00%N/AN/AN/AN/A
GORV
LAZYDAYS HOLDINGS INC
$47.82MN/A0.00%N/AN/AN/AN/A
CANG
CANGO INC
$157.11MN/AN/A$0.2500N/AN/A0
DRVN
DRIVEN BRANDS HOLDINGS INC
$2.37BN/A0.00%N/AN/AN/AN/A
KAR
OPENLANE INC
$1.88BN/A0.00%$0.1900N/AN/A1
JZXN
JIUZI HOLDINGS INC
$1.01MN/A0.00%N/AN/AN/AN/A
CTNT
CHEETAH NET SUPPLY CHAIN SERVICE INC
$24.37MN/A0.00%N/AN/AN/AN/A
CRMT
AMERICAS CARMART INC
$362.56MN/A0.00%N/AN/AN/AN/A
UXIN
UXIN LTD
$8.43MN/AN/AN/AN/AN/AN/A

Auto & Truck Dealership Stocks FAQ

What are the best auto & truck dealership stocks to buy right now in Apr 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 60, which is 30 points higher than the auto & truck dealership industry average of 30. It passed 21 out of 38 due diligence checks and has strong fundamentals. Rush Enterprises has seen its stock return 26.89% over the past year, overperforming other auto & truck dealership stocks by 53 percentage points.

Rush Enterprises has an average 1 year price target of $60.00, an upside of 32.13% from Rush Enterprises's current stock price of $45.41.

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. Lithia Motors (NYSE:LAD)


Lithia Motors (NYSE:LAD) is the second best auto & truck dealership stock with a Zen Score of 48, which is 18 points higher than the auto & truck dealership industry average of 30. It passed 18 out of 38 due diligence checks and has strong fundamentals. Lithia Motors has seen its stock return 17.28% over the past year, overperforming other auto & truck dealership stocks by 43 percentage points.

Lithia Motors has an average 1 year price target of $315.40, an upside of 22.38% from Lithia Motors's current stock price of $257.73.

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

3. Penske Automotive Group (NYSE:PAG)


Penske Automotive Group (NYSE:PAG) is the third best auto & truck dealership stock with a Zen Score of 48, which is 18 points higher than the auto & truck dealership industry average of 30. It passed 17 out of 38 due diligence checks and has strong fundamentals. Penske Automotive Group has seen its stock return 12.09% over the past year, overperforming other auto & truck dealership stocks by 38 percentage points.

Penske Automotive Group has an average 1 year price target of $157.75, an upside of 2.8% from Penske Automotive Group's current stock price of $153.45.

Penske Automotive Group stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Penske Automotive Group, 50% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 50% have issued a Strong Sell.

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

Out of 6 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 4.75%, which is 3 percentage points higher than the auto & truck dealership industry average of 1.94%. 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 214.3% indicates that its high dividend yield might not be sustainable for the long-term.

2. Sonic Automotive (NYSE:SAH)


Sonic Automotive (NYSE:SAH) has an annual dividend yield of 2.08%, which is the same as the auto & truck dealership industry average of 1.94%. 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 23.6% indicates that its dividend yield is sustainable for the long-term.

3. Penske Automotive Group (NYSE:PAG)


Penske Automotive Group (NYSE:PAG) has an annual dividend yield of 1.98%, which is the same as the auto & truck dealership industry average of 1.94%. 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 19.6% indicates that its dividend yield is sustainable for the long-term.

Why are auto & truck dealership stocks up?

Auto & truck dealership stocks were up 0.48% in the last day, and up 5% over the last week. Sonic Automotive was the among the top gainers in the auto & truck dealerships industry, gaining 10.86% yesterday.

Sonic Automotive shares are trading higher after B of A Securities upgraded the stock from Underperform to Buy and raised its price target from $55 to $68.

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 100, which is 72 points higher than the auto & truck dealership industry average of 28. It passed 7 out of 7 valuation due diligence checks.

Rush Enterprises's stock has gained 26.89% in the past year. It has overperformed other stocks in the auto & truck dealership industry by 53 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 29 points higher than the auto & truck dealership industry average of 28. It passed 4 out of 7 valuation due diligence checks.

Sonic Automotive's stock has gained 9.32% in the past year. It has overperformed other stocks in the auto & truck dealership industry by 35 percentage points.

3. Asbury Automotive Group (NYSE:ABG)


Asbury Automotive Group (NYSE:ABG) is the third most undervalued auto & truck dealership stock based on WallStreetZen's Valuation Score. Asbury Automotive Group has a valuation score of 57, which is 29 points higher than the auto & truck dealership industry average of 28. It passed 4 out of 7 valuation due diligence checks.

Asbury Automotive Group's stock has gained 15.71% in the past year. It has overperformed other stocks in the auto & truck dealership industry by 42 percentage points.

Are auto & truck dealership stocks a good buy now?

36.84% of auto & truck dealership stocks rated by analysts are a buy right now. On average, analysts expect auto & truck dealership stocks to rise by 10.19% 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 12.02x.
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