Lithia Motors, Inc. (LAD) Reaches $102.29 After 9.00% Down Move; Profile of 4 Analysts Covering Lexicon Pharmaceuticals, Inc. (LXRX)

April 17, 2018 - By Winifred Garcia

Lithia Motors, Inc. (NYSE:LAD) Logo

The stock of Lithia Motors, Inc. (NYSE:LAD) is a huge mover today! The stock decreased 1.12% or $1.16 during the last trading session, reaching $102.29. About 115,558 shares traded. Lithia Motors, Inc. (NYSE:LAD) has risen 14.89% since April 17, 2017 and is uptrending. It has outperformed by 3.34% the S&P500.The move comes after 7 months negative chart setup for the $2.56 billion company. It was reported on Apr, 17 by Barchart.com. We have $93.08 PT which if reached, will make NYSE:LAD worth $230.31 million less.

Among 9 analysts covering Lexicon Pharmaceuticals (NASDAQ:LXRX), 4 have Buy rating, 2 Sell and 3 Hold. Therefore 44% are positive. Lexicon Pharmaceuticals had 21 analyst reports since August 4, 2015 according to SRatingsIntel. On Monday, June 12 the stock rating was maintained by Needham with “Buy”. Wedbush maintained the shares of LXRX in report on Thursday, October 5 with “Buy” rating. The firm has “Buy” rating given on Monday, March 12 by Wedbush. The rating was maintained by Wedbush with “Outperform” on Friday, August 5. The firm earned “Buy” rating on Friday, October 7 by H.C. Wainwright. The stock of Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) earned “Hold” rating by Cowen & Co on Tuesday, August 1. The firm has “Buy” rating by Needham given on Tuesday, August 1. The stock of Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) has “Underweight” rating given on Wednesday, February 14 by JP Morgan. The stock of Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) earned “Sell” rating by Gabelli on Friday, September 18. The stock has “Buy” rating by Wedbush on Monday, August 7. See Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) latest ratings:

16/04/2018 Broker: Wedbush Old Rating: Outperform New Rating: Outperform Old Target: $38 New Target: $40 Maintain
12/03/2018 Broker: Wedbush Rating: Buy New Target: $38.0 Maintain
23/02/2018 Broker: Needham Rating: Hold Downgrade
14/02/2018 Broker: J.P. Morgan Rating: Sell New Target: $10.0 Downgrade
14/02/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight Downgrade
30/11/2017 Broker: Wedbush Rating: Buy New Target: $38.0 Maintain

Lexicon Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the development and commercialization of pharmaceutical products for the treatment of human diseases. The company has market cap of $893.31 million. The firm offers XERMELO, an orally-delivered small molecule drug candidate for the treatment of carcinoid syndrome diarrhea in combination with SSA therapy in adults. It currently has negative earnings. The Company’s orally-delivered small molecule drug candidates under development comprise Sotagliflozin that is in Phase 3 clinical trials for use in the treatment of type 1 and type 2 diabetes; LX2761, which is in Phase 1 development for use in the treatment of diabetes; and LX9211 for use as a treatment for neuropathic pain.

The stock increased 2.17% or $0.18 during the last trading session, reaching $8.46. About 206,343 shares traded. Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) has declined 43.19% since April 17, 2017 and is downtrending. It has underperformed by 54.74% the S&P500.

Among 13 analysts covering Lithia Motors (NYSE:LAD), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Lithia Motors had 22 analyst reports since July 23, 2015 according to SRatingsIntel. Stephens maintained Lithia Motors, Inc. (NYSE:LAD) on Wednesday, February 14 with “Buy” rating. On Monday, April 11 the stock rating was initiated by Jefferies with “Buy”. The stock of Lithia Motors, Inc. (NYSE:LAD) earned “Neutral” rating by Susquehanna on Thursday, February 2. On Monday, April 16 the stock rating was initiated by Guggenheim with “Hold”. As per Monday, January 8, the company rating was upgraded by Bank of America. The rating was maintained by Buckingham Research on Thursday, February 15 with “Buy”. The firm has “Buy” rating by Jefferies given on Wednesday, June 28. The stock has “Buy” rating by KeyBanc Capital Markets on Monday, November 13. The stock of Lithia Motors, Inc. (NYSE:LAD) has “Overweight” rating given on Wednesday, March 14 by Morgan Stanley. The firm has “Buy” rating given on Friday, September 8 by Jefferies.

Since January 8, 2018, it had 0 buys, and 2 selling transactions for $1.25 million activity. The insider Roberts Kenneth E sold $630,000.

Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.20, from 1.01 in 2017Q3. It improved, as 23 investors sold Lithia Motors, Inc. shares while 66 reduced holdings. 38 funds opened positions while 70 raised stakes. 24.53 million shares or 0.28% more from 24.47 million shares in 2017Q3 were reported. Thrivent Fincl For Lutherans, Minnesota-based fund reported 57,000 shares. 2,533 were reported by Symphony Asset Mgmt Ltd. Gradient Investments Ltd Com invested in 0% or 180 shares. Architects accumulated 0% or 27 shares. Teton Inc stated it has 0.28% of its portfolio in Lithia Motors, Inc. (NYSE:LAD). New Amsterdam Prns Ltd Liability owns 102,807 shares. Aperio Gp Limited Liability Corporation holds 0% or 7,695 shares. Jefferies Group Limited Company holds 44,736 shares or 0.02% of its portfolio. 6,374 are owned by Balyasny Asset Limited Com. Menta Cap Ltd Liability Corp has invested 0.12% in Lithia Motors, Inc. (NYSE:LAD). Blackrock Inc invested 0.02% in Lithia Motors, Inc. (NYSE:LAD). Ameriprise Financial holds 0.01% or 177,783 shares. 17,387 were accumulated by Ubs Asset Mgmt Americas. Geode Ltd has invested 0.01% in Lithia Motors, Inc. (NYSE:LAD). Susquehanna Int Group Limited Liability Partnership holds 0% or 101,784 shares.

Analysts await Lithia Motors, Inc. (NYSE:LAD) to report earnings on April, 25 before the open. They expect $2.33 EPS, up 30.90% or $0.55 from last year’s $1.78 per share. LAD’s profit will be $58.29 million for 10.98 P/E if the $2.33 EPS becomes a reality. After $2.15 actual EPS reported by Lithia Motors, Inc. for the previous quarter, Wall Street now forecasts 8.37% EPS growth.

Lithia Motors, Inc. (NYSE:LAD) Institutional Positions Chart

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