Added to YB: 2025-04-07
Pitch date: 2025-02-28
LAD [neutral]
Lithia Motors, Inc.
-24.68%
current return
Author Info
No bio for this author
Company Info
Lithia Motors, Inc. operates as an automotive retailer in the United States, the United Kingdom, and Canada.
Market Cap
$6.9B
Pitch Price
$341.98
Price Target
N/A
Dividend
0.77%
EV/EBITDA
11.31
P/E
8.83
EV/Sales
0.56
Sector
Specialty Retail
Category
N/A
AMG River Road Small-Mid Cap Value Fund Added On Portfolio Holding: Lithia Motors, Inc.
LAD (position increased): Auto retailer outperforms despite CDK cyberattack causing -6.4% Q2 same-store sales. Cost cuts doubled to $300M by 2024, improving SG&A/gross profit to mid-60s. $27B revenue from acquisitions since 2020. Shifting to buybacks (2.9% in Q2) due to high private market multiples. 2.3x leverage, $740M YTD FCF. Position increased pre-Q2 results.
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