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Investing.com - Benchmark has reiterated its Buy rating and $400 price target on Lithia Motors (NYSE:LAD), a prominent specialty retail player with an $8.1 billion market cap, following the company’s third-quarter earnings report. According to InvestingPro data, analyst targets range from $310 to $465, reflecting mixed sentiment on the stock’s potential.
The auto retailer reported quarterly results on Wednesday that exceeded both sales and earnings expectations, marking the highest third-quarter sales in company history. The company maintains strong profitability with a P/E ratio of 9.16x, which InvestingPro analysis suggests is attractive relative to its near-term earnings growth potential.
Same-store sales increased 7.7% year-over-year, with same-store used retail sales showing particularly strong growth of 12% compared to the same period last year.
The company’s aftersales business also performed well, with same-store aftersales gross profit rising 9.1% year-over-year.
Despite what Benchmark described as strong quarterly results, Lithia Motors stock showed little reaction to the earnings report, finishing flat in Wednesday’s trading session.
In other recent news, Lithia Motors Inc . reported impressive financial results for the third quarter of 2025. The company exceeded analysts’ expectations with an adjusted diluted earnings per share (EPS) of $9.50, surpassing the forecasted $8.70. Revenue also outperformed predictions, reaching $9.7 billion compared to the anticipated $9.41 billion. Despite these strong financial outcomes, Lithia Motors’ stock saw a decline in pre-market trading, attributed to broader market conditions and sector trends. This development highlights the company’s ability to deliver solid earnings and revenue growth. Investors and analysts will likely continue to monitor Lithia Motors’ performance closely, given its recent financial achievements.
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