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Sonic Automotive (SAH)
NYSE:SAH
Sonic Automotive (SAH) Stock Price & Analysis
155 Followers
SAH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$38.12 - $64.68
Previous Close$58.06
Volume252.51K
Average Volume (3M)242.83K
Market Cap
$1.98B
Enterprise Value$4.14B
Total Cash (Recent Filing)$28.90M
Total Debt (Recent Filing)$2.19B
Price to Earnings (P/E)11.9
Beta1.16
Next Earnings
Jul 25, 2024EPS Estimate
$1.53Next Dividend Ex-Date
Jun 14, 2024Dividend Yield2.03%
Share Statistics
EPS (TTM)4.89
Shares Outstanding33,891,146
10 Day Avg. Volume227,903
30 Day Avg. Volume242,827
Standard Deviation0.16
R-Squared0.35
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)8.92
Price to Sales (P/S)0.09
Price to Cash Flow (P/CF)-4.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.29
Enterprise Value/Gross Profit1.84
Enterprise Value/Ebitda20.31
Forecast
1Y Price Target
$53.67Price Target Upside-7.74% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering3
Sonic Automotive News
Bulls Say, Bears Say
Bulls Say
Financial ImprovementEchoPark is expected to reach EBITDA breakeven in the next quarter and be positive for the full fiscal year.
Operational EfficiencyThe company rationalized the store footprint and is now generating much better throughput, resulting in significantly better gross profit per unit and SG&A leverage.
Revenue GrowthWith the addition of 300 service technicians, an additional $100 million in Parts & Service gross profit is expected.
Bears Say
Business Segment PerformanceThe company faces challenges in its used vehicles segment EchoPark.
EarningsSonic Automotive reported adjusted earnings per share from continuing operations that were below analyst estimates and consensus.
Financial OutlookSonic Automotive's fiscal year 2024 outlook is lower than expectations with potential decreases in Franchised Dealership segment earnings.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
SAH FAQ
What was Sonic Automotive’s price range in the past 12 months?
Sonic Automotive lowest stock price was $38.12 and its highest was $64.68 in the past 12 months.
What is Sonic Automotive’s market cap?
Currently, no data Available
When is Sonic Automotive’s upcoming earnings report date?
Sonic Automotive’s upcoming earnings report date is Jul 25, 2024 which is in 72 days.
How were Sonic Automotive’s earnings last quarter?
Sonic Automotive released its earnings results on Apr 25, 2024. The company reported $1.36 earnings per share for the quarter, beating the consensus estimate of $1.298 by $0.062.
Is Sonic Automotive overvalued?
According to Wall Street analysts Sonic Automotive’s price is currently Overvalued.
Does Sonic Automotive pay dividends?
Sonic Automotive pays a Quarterly dividend of $0.3 which represents an annual dividend yield of 2.03%. See more information on Sonic Automotive dividends here
What is Sonic Automotive’s EPS estimate?
Sonic Automotive’s EPS estimate is $1.53.
How many shares outstanding does Sonic Automotive have?
Sonic Automotive has 22,070,686 shares outstanding.
What happened to Sonic Automotive’s price movement after its last earnings report?
Sonic Automotive reported an EPS of $1.36 in its last earnings report, beating expectations of $1.298. Following the earnings report the stock price went up 10.857%.
Which hedge fund is a major shareholder of Sonic Automotive?
Among the largest hedge funds holding Sonic Automotive’s share is Hotchkis & Wiley Capital Management LLC. It holds Sonic Automotive’s shares valued at 50M.
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Sonic Automotive Stock Smart Score
Neutral
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Analyst Consensus
Moderate Sell
Average Price Target:
$53.67 (-7.74% Downside)
$53.67 (-7.74% Downside)
Blogger Sentiment
Bullish
SAH Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 22.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.2M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
46.15%
12-Months-Change
Fundamentals
Return on Equity
19.61%
Trailing 12-Months
Asset Growth
5.04%
Trailing 12-Months
Company Description
Sonic Automotive
Sonic Automotive, Inc. operates as a automotive retailer. Its services include sales of both new and used cars and light trucks, sales of replacement parts and performance of vehicle maintenance, warranty, paint and repair services and arrangement of extended service contracts, financing, insurance, vehicle protection products and other aftermarket products for automotive customers. The company operates through the following segments: Franchised Dealerships and EchoPark. The Franchised Dealerships segment provides comprehensive services, which include sales of both new and used cars and light trucks, sales of replacement parts and performance of vehicle maintenance, manufacturer warranty repairs, and paint and collision repair services. The EchoPark segment sales used cars and light trucks. Sonic Automotive was founded by Ollen Bruton Smith and Bryan Scott Smith in January 1997 and is headquartered in Charlotte, NC.
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SAH Company Deck
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SAH Earnings Call
Q1 2024
0:00 / 0:00
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SAH Revenue Breakdown
44.51% New vehicles
36.28% Used vehicles
12.24% Parts, service and collision repair
4.76% Finance, insurance and other, net
2.22% Wholesale vehicles
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SAH Stock 12 Month Forecast
Average Price Target
$53.67
▼(-7.74% Downside)
Technical Analysis
Best Analysts Covering SAH
1 Year
1 Year Success Rate
7/8 ratings generated profit
1 Year Average Return
+42.13%
reiterated a buy rating 7 months ago
Copying Michael Ward's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +42.13% per trade.
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