WallStreetZenWallStreetZen

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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
RUSHA
RUSH ENTERPRISES INC
United States
$3.55B78,614,15889.39%7.78%Net SellingNet Buying
SAH
SONIC AUTOMOTIVE INC
United States
$1.92B33,891,14644.06%55.94%Net SellingNet Selling
LAD
LITHIA MOTORS INC
United States
$7.32B27,406,48687.53%12.47%Net SellingNet Selling
PAG
PENSKE AUTOMOTIVE GROUP INC
United States
$10.38B66,879,27711.29%88.71%Net SellingNet Selling
CARS
CARSCOM INC
United States
$1.26B66,116,55687.98%4.02%Net SellingNet Selling
GPI
GROUP 1 AUTOMOTIVE INC
United States
$3.99B13,533,29487.89%12.11%Net SellingNet Selling
CARG
CARGURUS INC
United States
$2.64B104,192,44168.57%31.43%Net SellingNet Selling
ACVA
ACV AUCTIONS INC
United States
$2.87B165,088,39987.63%4.00%Net SellingNet Selling
ABG
ASBURY AUTOMOTIVE GROUP INC
United States
$5.00B20,172,23759.35%40.65%Net Selling
CWH
CAMPING WORLD HOLDINGS INC
United States
$1.81B84,539,02249.25%22.43%Net SellingNet Selling
KMX
CARMAX INC
United States
$12.63B156,078,95297.84%2.16%Net SellingNet Selling
RMBL
RUMBLEON INC
United States
$151.78M35,257,24028.76%71.24%Net Buying
CVNA
CARVANA CO
United States
$27.60B202,566,71950.66%49.34%Net SellingNet Selling
AN
AUTONATION INC
United States
$6.86B40,266,54529.84%70.16%Net SellingNet Selling
DRVN
DRIVEN BRANDS HOLDINGS INC
United States
$2.14B164,079,78511.69%88.31%Net Selling
SDA
SUNCAR TECHNOLOGY GROUP INC
China
$798.38M89,705,0580.25%1.07%
UCAR
U POWER LTD
China
$10.28M1,243,14045.54%0.00%
JZXN
JIUZI HOLDINGS INC
China
$1.02M312,73925.72%0.00%
CTNT
CHEETAH NET SUPPLY CHAIN SERVICE INC
United States
$9.02M19,188,3290.04%54.72%Net SellingNet Selling
CANG
CANGO INC
China
$213.15M211,042,0362.64%0.00%
GORV
LAZYDAYS HOLDINGS INC
United States
$43.88M14,064,79748.89%51.11%Net Buying
KAR
OPENLANE INC
United States
$1.92B108,302,01150.74%49.26%Net BuyingNet Selling
VRM
VROOM INC
United States
$16.66M1,809,2673.01%96.99%Net Selling
KXIN
KAIXIN HOLDINGS
China
$6.23M49,806,5560.72%80.24%
KFS
KINGSWAY FINANCIAL SERVICES INC
Canada
$233.70M27,921,47341.97%58.03%Net SellingNet Selling
CRMT
AMERICAS CARMART INC
United States
$429.49M6,392,09860.42%39.58%Net BuyingNet Buying
UXIN
UXIN LTD
China
$8.00M1,440,893,9420.07%0.00%

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 initiated coverage on the stock with a Buy rating and announced 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.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

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.