LAD Similar Chart Price Prediction
The price of LAD is predicted to go up -0.33%, based on the high correlation periods with GRVY. The similarity of these two price pattern on the periods is 95.22%.
LAD
GRVY
Down: -0.33%Similarity: 95.22%
LAD Revenue Forecast
LAD EPS Forecast
LAD FAQs
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LAD VS S&P500
Lithia's growth runway looks very long to us; acquisitions are opening up new areas of the US, and international expansion just started in 2021 by entering Canada and the UK in 2023.
Manufacturers grant a limited number of franchise rights in a given geography, providing dealers with some protection against would-be competitors.
Lithia's rural niche makes it the Walmart of auto dealers.
LAD Analyst's Forecast
Rajat Gupta
JP Morgan
Buy
2025-01-17
Price Target
$405 → $400
Upside
+13.52%
JPMorgan lowered the firm's price target on Lithia & Driveway to $400 from $405 and keeps an Overweight rating on the shares as part of a Q4 earnings preview for the franchise auto dealerships. Franchise dealers on average have had a strong start to 2025, sustaining outperformance since the U.S. presidential elections, the analyst tells investors in a research note. The firm says immediate fundamentals have been supportive with sharp recovery in industry volumes, while inventory levels and pricing have remained stable. As such, it increased Q4 earnings estimates for the group to reflect the strong pickup in new and used sales, as well as slower than expected inventory build.
Michael Ward
Benchmark
Strong Buy
2025-01-08
Price Target
$400
Upside
+14.6%
Glenn Chin
Seaport Global
Strong Buy
2024-11-22
Price Target
$380 → $450
Upside
+15.13%
