$0.47 EPS Expected for Sonic Automotive, Inc. (SAH)

June 29, 2018 - By Mari Anderson

Sonic Automotive, Inc. (NYSE:SAH) LogoInvestors sentiment decreased to 0.76 in Q1 2018. Its down 0.11, from 0.87 in 2017Q4. It worsened, as 13 investors sold Sonic Automotive, Inc. shares while 42 reduced holdings. 12 funds opened positions while 30 raised stakes. 24.67 million shares or 7.27% less from 26.60 million shares in 2017Q4 were reported.
Suntrust Banks Inc stated it has 0.02% of its portfolio in Sonic Automotive, Inc. (NYSE:SAH). Riverhead Capital Mgmt Ltd Com holds 3,563 shares. Moreover, Jpmorgan Chase & has 0% invested in Sonic Automotive, Inc. (NYSE:SAH). Kbc Group Nv invested in 60,919 shares or 0.01% of the stock. 4,900 are held by Old Mutual Customised Solutions (Proprietary). Louisiana State Employees Retirement Sys stated it has 0.01% in Sonic Automotive, Inc. (NYSE:SAH). Moreover, Parametric Portfolio Associates Limited Com has 0% invested in Sonic Automotive, Inc. (NYSE:SAH). Denali Advsrs Ltd holds 85 shares. Pub Employees Retirement Association Of Colorado accumulated 7,367 shares. Dimensional Fund Advsr L P reported 2.67M shares or 0.02% of all its holdings. Guggenheim Capital Ltd Co holds 0% in Sonic Automotive, Inc. (NYSE:SAH) or 99,289 shares. 34,900 were reported by Grantham Mayo Van Otterloo & Ltd Liability. Convergence Investment Prtnrs Ltd Liability Corp holds 1,565 shares or 0% of its portfolio. Pillar Pacific Cap Mgmt has 15,700 shares for 0.04% of their portfolio. Peak6 Investments Limited Partnership invested in 1,681 shares or 0% of the stock.

Since May 17, 2018, it had 1 buying transaction, and 2 insider sales for $94,236 activity. 8,500 shares were sold by Byrd Heath, worth $195,500 on Wednesday, June 20. 15,000 shares were bought by SMITH O BRUTON, worth $321,164 on Friday, May 25.

Analysts expect Sonic Automotive, Inc. (NYSE:SAH) to report $0.47 EPS on July, 27.They anticipate $0.07 EPS change or 17.50 % from last quarter’s $0.4 EPS. SAH’s profit would be $20.06 million giving it 11.25 P/E if the $0.47 EPS is correct. After having $0.26 EPS previously, Sonic Automotive, Inc.’s analysts see 80.77 % EPS growth. The stock decreased 2.31% or $0.5 during the last trading session, reaching $21.15. About 61,614 shares traded. Sonic Automotive, Inc. (NYSE:SAH) has risen 17.07% since June 29, 2017 and is uptrending. It has outperformed by 4.50% the S&P500.

Sonic Automotive, Inc. (NYSE:SAH) Ratings Coverage

Among 3 analysts covering Sonic Automotive (NYSE:SAH), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Sonic Automotive had 3 analyst reports since January 8, 2018 according to SRatingsIntel. The stock of Sonic Automotive, Inc. (NYSE:SAH) has “Overweight” rating given on Wednesday, March 14 by Morgan Stanley. The firm earned “Hold” rating on Tuesday, February 27 by Stephens. The firm has “Hold” rating by Bank of America given on Monday, January 8.

Sonic Automotive, Inc. operates as an automotive retailer in the United States. The company has market cap of $902.49 million. It operates in two divisions, Franchised Dealerships and EchoPark. It has a 10.1 P/E ratio. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks, and replacement parts; provision of vehicle maintenance, maker warranty repairs, and paint and collision repair services; and arrangement of extended warranties, service contracts, financing, insurance, and other aftermarket products.

Another recent and important Sonic Automotive, Inc. (NYSE:SAH) news was published by Globenewswire.com which published an article titled: “Report: Developing Opportunities within Sonic Automotive, PJT Partners, YRC Worldwide, SecureWorks, Manhattan …” on June 22, 2018.

Sonic Automotive, Inc. (NYSE:SAH) Institutional Positions Chart

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