Last $92.68 USD
Change Today -2.54 / -2.67%
Volume 313.8K
LAD On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

lithia motors inc-cl a (LAD) Snapshot

Open
$94.51
Previous Close
$95.22
Day High
$95.04
Day Low
$92.64
52 Week High
07/7/14 - $97.20
52 Week Low
02/3/14 - $53.57
Market Cap
2.4B
Average Volume 10 Days
377.4K
EPS TTM
$4.63
Shares Outstanding
23.5M
EX-Date
08/6/14
P/E TM
20.0x
Dividend
$0.64
Dividend Yield
0.59%
Current Stock Chart for LITHIA MOTORS INC-CL A (LAD)

lithia motors inc-cl a (LAD) Related Businessweek News

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lithia motors inc-cl a (LAD) Details

Lithia Motors, Inc. operates as an automotive franchisee and retailer of new and used vehicles in the United States. The company sells new and used vehicles, and replacement parts; provides vehicle maintenance, warranty, paint, and repair services; and offers related financing, service contracts, vehicle protection products, and credit insurance services. As of February 21, 2014, the company offered 28 brands of new vehicles and various brands of used vehicles in 96 stores, as well as online at Lithia.com. Lithia Motors, Inc. was founded in 1946 and is based in Medford, Oregon.

5,700 Employees
Last Reported Date: 02/21/14
Founded in 1946

lithia motors inc-cl a (LAD) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $800.0K
Founder and Executive Chairman
Total Annual Compensation: $840.0K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $386.0K
Senior Vice President of Operations
Total Annual Compensation: $390.0K
Vice Chairman and President of Lithia Motors ...
Total Annual Compensation: $255.6K
Compensation as of Fiscal Year 2013.

lithia motors inc-cl a (LAD) Key Developments

Lithia Motors, Inc. Announces Quarterly Dividend, Payable on August 22, 2014; Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter, Fourth Quarter and Full Year 2014

Lithia Motors Inc. announced that the Board of Directors has approved a dividend of $0.16 per share related to second quarter 2014 financial results. The company will pay the dividend August 22, 2014 to shareholders of record on August 8, 2014. The company announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues of $1,221,802,000 against $1,008,505,000 a year ago. Income from operations was $61,012,000 against $45,651,000 a year ago. Income from continuing operations before income taxes was $57,074,000 against $41,258,000 a year ago. Income from continuing operations was $35,170,000 or $1.34 per diluted share compared to $25,281,000 or $0.97 per diluted share a year ago. Net income was $38,309,000 or $1.45 diluted net income per share against $25,555,000 or $0.98 diluted net income per share a year ago. Adjusted income from operations was $61,175,000 against $49,464,000 a year ago. Adjusted income from continuing operations before income taxes was $57,237,000 against $45,071,000 a year ago. Adjusted income from continuing operations was $35,197,000 or $1.34 per diluted share compared to $27,382,000 or $1.05 per diluted share a year ago. Capital expenditures, which reduces free cash flow figure, were $23 million for the quarter. For the six months, the company reported total revenues of $2,299,908,000 against $1,911,585,000 a year ago. Income from operations was $105,737,000 against $86,237,000 a year ago. Income from continuing operations before income taxes was $97,778,000 against $76,835,000 a year ago. Income from continuing operations was $59,864,000 or $2.27 per diluted share compared to $47,163,000 or $1.81 per diluted share a year ago. Net income was $63,043,000 or $2.39 diluted net income per share against $47,610,000 or $1.82 diluted net income per share a year ago. Adjusted income from operations was $109,831,000 against $90,050,000 a year ago. Adjusted income from continuing operations before income taxes was $101,872,000 against $80,648,000 a year ago. Adjusted income from continuing operations was $62,277,000 or $2.36 per diluted share compared to $49,264,000 or $1.89 per diluted share a year ago. Net cash used in operating activities was $4,194,000 compared to net cash from operating activities of $24,449,000 a year ago. Adjusted net cash provided by operating activities was $108,716,000 compared to $30,438,000 a year ago. The company project 2014 third quarter earnings of $1.36 to $1.38 per diluted share. Total revenues will be in the range of $1.2 to $1.3 billion. New vehicle same store sales increasing 13.0%. New vehicle gross margin of 6.4% to 6.6%. Used vehicle same store sales increasing 7.5%. Used vehicle gross margin of 14.0% to 14.2%. Service body and parts same store sales increasing 8.0%. Service body and parts gross margin of 48.8% to 49.0%. Finance and insurance gross profit of $1,200 per unit. Tax rate of 39.5%. The company project 2014 fourth quarter earnings for the combined Lithia /DCH organization of $1.23 to $1.26 per diluted share. Total revenues of $1.6 to $1.7 billion. New vehicle sales increasing 65.0%. New vehicle gross margin of 6.4% to 6.6%. Used vehicle sales increasing 54.0%. Used vehicle gross margin of 13.1% to 13.3%. Service body and parts sales increasing 59.0%. Service body and parts gross margin of 47.1% to 47.3%. Finance and insurance gross profit of $1,145 per unit. Tax rate of 40.0%. Total revenues of $1.1 to $1.2 billion. New vehicle same store sales increasing 11.0%. Used vehicle same store sales increasing 6.0%. Service body and parts same store sales increasing 8.0%. Finance and insurance gross profit of $1,200 per unit. The company project full-year 2014 earnings of $4.95 to $5.00 per diluted share. These projections include $1.10 to 1.12 per share in earnings related to Lithia and $0.13 to $0.14 per share in earnings related to the DCH organization assuming an October 1 closing date. Full year capital expenditures of $110 million.

Lithia Motors Inc. to Report Q2, 2014 Results on Jul 23, 2014

Lithia Motors Inc. announced that they will report Q2, 2014 results at 9:00 AM, Eastern Standard Time on Jul 23, 2014

Lithia Motors Inc., Q2 2014 Earnings Call, Jul 23, 2014

Lithia Motors Inc., Q2 2014 Earnings Call, Jul 23, 2014

 

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LAD

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Valuation LAD Industry Range
Price/Earnings 21.2x
Price/Sales 0.6x
Price/Book 4.2x
Price/Cash Flow 17.4x
TEV/Sales 0.3x
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