Professional
Added to YB: 2024-08-02
Pitch date: 2024-06-30
LAD [bullish]
Lithia Motors, Inc.
+19.03%
current return
Author Info
No bio for this author
Company Info
Lithia Motors, Inc. operates as an automotive retailer in the United States, the United Kingdom, and Canada.
Market Cap
$8.2B
Pitch Price
$248.11
Price Target
N/A
Dividend
0.75%
EV/EBITDA
10.57
P/E
12.35
EV/Sales
0.65
Sector
Specialty Retail
Category
value
Appalaches Capital Portfolio Holding: Lithia Motors, Inc.
LAD: Largest US auto dealer. 65% profit from recurring services, not just car sales. Acquires underperforming lots, improves ops. Doubled footprint, earnings potential underestimated. Post-pandemic omnichannel model lowers costs. Parts/service margins sticky, increasing mix. Earnings power expanded. GAAP distorts balance sheet. Trades cheap vs. true earnings power.
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