Sonic Automotive (SAH) Scheduled to Post Quarterly Earnings on Wednesday

Sonic Automotive (NYSE:SAH) is scheduled to announce its earnings results before the market opens on Wednesday, February 20th. Analysts expect the company to announce earnings of $0.93 per share for the quarter.

SAH opened at $15.41 on Wednesday. The company has a quick ratio of 0.21, a current ratio of 1.03 and a debt-to-equity ratio of 1.19. The company has a market cap of $630.56 million, a P/E ratio of 8.33, a price-to-earnings-growth ratio of 3.08 and a beta of 1.50. Sonic Automotive has a fifty-two week low of $12.78 and a fifty-two week high of $23.60.

A number of equities research analysts recently weighed in on SAH shares. Zacks Investment Research raised shares of Sonic Automotive from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a research note on Tuesday, October 16th. TheStreet downgraded shares of Sonic Automotive from a “b-” rating to a “c+” rating in a research note on Tuesday, November 20th. Finally, ValuEngine raised shares of Sonic Automotive from a “sell” rating to a “hold” rating in a research note on Friday, October 26th. Two equities research analysts have rated the stock with a sell rating and two have issued a hold rating to the stock. The company presently has an average rating of “Hold” and an average target price of $18.00.

TRADEMARK VIOLATION NOTICE: This article was posted by Community Financial News and is the property of of Community Financial News. If you are reading this article on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark laws. The original version of this article can be viewed at https://www.com-unik.info/2019/02/13/sonic-automotive-sah-scheduled-to-post-quarterly-earnings-on-wednesday.html.

About Sonic Automotive

Sonic Automotive, Inc operates as an automotive retailer in the United States. It operates in two segments, Franchised Dealerships and Pre-Owned Stores. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks, and replacement parts; provision of vehicle maintenance, manufacturer warranty repair, and paint and collision repair services; and arrangement of extended warranties, service contracts, financing, insurance, and other aftermarket products.

See Also: Understanding Stock Ratings

Earnings History for Sonic Automotive (NYSE:SAH)

Receive News & Ratings for Sonic Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sonic Automotive and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit