Here’s What Wall Street Thinks About ​Lithia Motors, Inc. (LAD)

Core Viewpoint - Lithia Motors, Inc. (NYSE:LAD) is identified as an undervalued cyclical stock with positive ratings from Benchmark and Evercore ISI, indicating potential investment opportunities [1][2]. Group 1: Analyst Ratings and Price Targets - Benchmark has reiterated a Buy rating on Lithia Motors with a price target of $400 [1]. - Evercore ISI has also maintained a Buy rating, setting a higher price target of $500 [1]. Group 2: Performance Forecasts - Benchmark's updated forecasts indicate a reduction in production volumes and gross profit per unit, expecting a deleveraging to 67% of sales for Lithia Motors [2]. - The firm anticipates Lithia Motors to generate $409 million in EBITDA for the fourth quarter, with an adjusted EPS of $8.21 [2]. - Evercore ISI expects the company to perform in line with market expectations during the fiscal fourth quarter, with projected revenue of approximately $9.30 billion and a GAAP EPS of $8.41 [3]. Group 3: Company Overview - Lithia Motors is the largest auto dealer in the United States, involved in the retail of new and used vehicles along with related services [4].