Lithia Motors Inc. (LAD) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $54.17 to $61.40 in the past one-month time frame.
The company has no estimate revision over the past 30 days, while the Zacks Consensus Estimate has not been in a trend either. Yesterday’s jump is encouraging though, so make sure to keep a close watch on this firm in the near future.
Lithia Motors currently has a Zacks Rank #2 (Buy) while its Earnings ESP is negative.
Some other stocks worth consideration in the auto dealerships industry include Asbury Automotive Group, Inc. (ABG), AutoNation Inc. (AN) and Penske Automotive Group, Inc. (PAG). All of these have a Zacks Rank #1 (Strong Buy).
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LITHIA MOTORS INC (LAD): Free Stock Analysis Report
ASBURY AUTOMOTIVE GROUP INC (ABG): Free Stock Analysis Report
AUTONATION INC (AN): Free Stock Analysis Report
PENSKE AUTOMOTIVE GROUP INC (PAG): Free Stock Analysis Report
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