Lithia Reaches New 52-Week High (LAD)

NEW YORK ( TheStreet) -- Lithia Motors (NYSE: LAD) hit a new 52-week high Friday as it is currently trading at $24.86, above its previous 52-week high of $24.85 with 379,274 shares traded as of 3:45 p.m. ET. Average volume has been 343,800 shares over the past 30 days.

Lithia has a market cap of $506.6 million and is part of the services sector and specialty retail industry. Shares are up 7.4% year to date as of the close of trading on Thursday.

Lithia Motors, Inc. operates as an automotive franchisee and retailer of new and used vehicles. It sells new and used cars, and light trucks, as well as replacement parts. The company has a P/E ratio of 13.8, equal to the average specialty retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Lithia as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Lithia Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

null

More from Markets

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing