After accumulation, acceleration. Timing appears favorable to go long in shares of Lithia Motors Inc and to anticipate an exit of the trading range on the upside. Investors have an opportunity to buy the stock and target the $ 119.5.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
In a short-term perspective, the company has interesting fundamentals.
Graphically speaking, the timing seems perfect for purchasing the stock close to the USD 90.51 support.
The group usually releases upbeat results with huge surprise rates.
The company shows low valuation levels, with an enterprise value at 0.26 times its sales.
The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Over the last seven days, analysts have been revising upwards their EPS estimates for the company.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
The stock is in a well-established, long-term rising trend above the technical support level at 84.54 USD
Disclaimer: 4-traders.com is a website published by SURPERFORMANCE SAS. Surperformance or 4-traders.com is not a registered broker-dealer nor a registered investment adviser. You understand that this web site and its content is furnished for your personal, noncommercial, informational purposes only, and that no mention of a particular security in this website constitutes a recommendation to buy, sell, or hold any other security, nor that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Surperformance and 4-traders.com services will not advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. Information regarding trading and investment as provided by Surperformance professional is not tailored to the investment needs of any specific person. You acknowledge that you are responsible for your own financial decisions and should seek a registered financial agent depending on your own risk tolerance to advise you on your personal trading activities.
Sells new and used vehicles and related auto partsLithia Motors, Inc. engages in the operation of automotive franchises and retail of new and used vehicles.It operates through the following segments: Domestic, Import, Luxury, and Corporate and Others.The Domestic segment comprises of retail...