LMP Automotive Holdings, Inc. (LMPX)
| Market Cap | 145.14M |
| Revenue (ttm) | 190.42M |
| Net Income (ttm) | -15.54M |
| Shares Out | 10.09M |
| EPS (ttm) | -1.55 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 30,382 |
| Open | 14.26 |
| Previous Close | 14.40 |
| Day's Range | 14.09 - 14.84 |
| 52-Week Range | 11.78 - 31.48 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 25.00 (+71.0%) |
| Est. Earnings Date | Nov 15, 2021 |
About LMPX
LMP Automotive Holdings, Inc., through its subsidiaries, buys, sells, rents and subscribes for, and obtains financing for automobiles online and in person in the United States. It primarily buys pre-owned automobiles primarily through auctions or directly from other automobile dealers, as well as new automobiles from manufacturers and manufacturer distributors at fleet rates. The company was incorporated in 2017 and is headquartered in Fort Lauderdale, Florida.
Financial Performance
In 2020, LMPX's revenue was $30.44 million, an increase of 180.36% compared to the previous year's $10.86 million. Losses were -$4.82 million, 19.5% more than in 2019.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for LMPX stock is "Strong Buy" and the 12-month stock price forecast is 25.00.
News
LMP Automotive Holdings, Inc. to Report Third Quarter 2021 Financial Results and Host Quarterly Conference Call on No...
FORT LAUDERDALE, FL , Oct. 22, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today a...
LMP Announces Closing of White Plains Chrysler Dodge Jeep Ram
FORT LAUDERDALE, FL , Oct. 07, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced the clo...
LMP Announces the Closing of its Acquisition of White Plains Chrysler Dodge Jeep Ram Dealership in New York is Expect...
FORT LAUDERDALE, FL , Oct. 01, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced the clo...
LMP Automotive Holdings, Inc. Provides its Planned Closing Schedule for Contracted Acquisitions
FORT LAUDERDALE, FL , Sept. 23, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today provided its pla...
LMP To Acquire 5 Import Dealerships, Associated Real Estate In Texas For $62.5M
Automotive retailer LMP Automotive Holdings Inc (NASDAQ: LMPX) has agreed to acquire five import dealerships in Texas, including the associated real estate, for ~$62.5 million. LMP expects the acquisiti...
LMP To Buy 85% Interest In Alan Jay Automotive And Associated Real Estate For ~50M
LMP Automotive Holdings Inc (NASDAQ: LMPX) has agreed to acquire 85% interest in the Alan Jay Automotive Network, a 12-dealership group in Florida, along with the associated real estate, for about $50 m...
LMP Announces a Definitive Acquisition Agreement to Purchase 5 Import Dealerships in Texas, Along with the Associated...
FORT LAUDERDALE, FL, Sept. 13, 2021 (GLOBE NEWSWIRE) -- / LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its e...
LMP Announces a Definitive Acquisition Agreement to Purchase an 85% Interest in the Alan Jay Automotive Network, a 12...
FORT LAUDERDALE, FL , Sept. 13, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its en...
LMP Announces a Definitive Acquisition Agreement for a Chrysler Dodge Jeep Ram Dealership in Tennessee, Generating Ap...
FORT LAUDERDALE, FL , Aug. 24, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its ent...
4 Stocks Insiders Are Buying
When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock.
LMP Automotive Holdings, Inc. Announces Second Quarter Financial Results
Second Quarter 2021 Highlights
LMP Automotive Acquires Kia Dealership In New York For $14M
Automotive retailer LMP Automotive Holdings Inc (NASDAQ: LMPX) has acquired a Kia dealership in New York for $14 million to expand its Northeast footprint further. LMP expects the deal to add $2.7 mill...
LMP Announces a Definitive Acquisition Agreement for a Kia Dealership in New York, Generating Approximately $82 Milli...
FORT LAUDERDALE, FL , Aug. 09, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its ent...
LMP Automotive Stock Gains On Acquiring Chrysler Dodge Jeep Ram Dealership In New York
LMP Automotive Holdings Inc (NASDAQ: LMPX) has entered an acquisition agreement for a Chrysler Dodge Jeep Ram dealership in New York for a purchase price of about $11 million for goodwill and $8.2 milli...
LMP Announces a Definitive Acquisition Agreement for a Chrysler Dodge Jeep Ram Dealership in New York, Including the ...
FORT LAUDERDALE, FL , July 26, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its ent...
LMP Announces a Definitive Acquisition Agreement for a Kia Dealership in Connecticut, Including the Associated Real E...
FORT LAUDERDALE, FL , July 22, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its ent...
LMP Automotive Stock Jumps After Deal To Buy GM, Nissan Dealerships In Texas For $141M
LMP Automotive Holdings Inc (NASDAQ: LMPX) has acquired certain dealerships of General Motors Company (NYSE: GM) and Nissan Motor Co Ltd (OTC: NSANY) in Texas, along with the associated real estate, for...
LMP Announces a Definitive Acquisition Agreement for General Motors and Nissan Dealerships in Texas, Including the As...
FORT LAUDERDALE, FL , July 19, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its ent...
LMP Automotive Holdings, Inc. to Report Second Quarter 2021 Financial Results and Host Quarterly Conference Call on A...
FORT LAUDERDALE, FL , July 19, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today a...
LMP Automotive Holdings, Inc. Announces an Addition to it's Senior Management Team
FORT LAUDERDALE, FL , July 16, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United State...
LMP Automotive Holdings, Inc. Announces Senior Management Addition
FORT LAUDERDALE, FL, July 12, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States,...
LMP Automotive Holdings, Inc. Announces Board Approval for Debt Refinancing and Conditional Approval of a Stock Buy B...
FORT LAUDERDALE, FL, July 08, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States,...
LMP Automotive Appoints Robert Bellaflores As CFO
LMP Automotive Holdings Inc (NASDAQ: LMPX) has appointed Robert Bellaflores as its Chief Financial Officer, effective immediately. Before joining the company, Bellaflores worked as a senior executive in...
LMP Automotive Holdings, Inc. Announces the Appointment of Robert Bellaflores as Chief Financial Officer
Fort Lauderdale, Florida , July 07, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United S...
LMP Automotive Shares Gain On Q1 Earnings, Strong Q2 Guidance
LMP Automotive Holdings Inc (NASDAQ: LMPX) reported first-quarter FY21 sales of $33 million, up 516.8% year-on-year, beating the consensus estimate of $13.37 million. The increase in revenue is primaril...