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.

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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.

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Earnings History for Sonic Automotive (NYSE:SAH)

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