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Tale of the Tape

Lithia Motors Inc. (LAD - Snapshot Report) 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 - Snapshot Report), AutoNation Inc. (AN - Analyst Report) and Penske Automotive Group, Inc. (PAG - Analyst Report). All of these have a Zacks Rank #1 (Strong Buy).

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