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

June 29, 2018 - By James Hentges

Sonic Automotive, Inc. (NYSE:SAH) LogoInvestors sentiment decreased to 0.76 in 2018 Q1. Its down 0.11, from 0.87 in 2017Q4. It turned negative, 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.
Fmr Ltd Com holds 0% or 1.41M shares. Riverhead Mgmt Ltd Llc holds 3,563 shares or 0% of its portfolio. Fdx Advsrs owns 13,703 shares. Barrow Hanley Mewhinney Strauss Lc has invested 0.01% in Sonic Automotive, Inc. (NYSE:SAH). Pillar Pacific Capital Ltd owns 15,700 shares. Lsv Asset Mngmt reported 2.38 million shares. Pub Employees Retirement System Of Ohio owns 7,291 shares. Comerica State Bank accumulated 0% or 25,452 shares. Grantham Mayo Van Otterloo Co, Massachusetts-based fund reported 34,900 shares. Bancshares Of Ny Mellon holds 0% or 402,704 shares. Mason Street Advsrs Ltd Limited Liability Company holds 0% or 6,659 shares. Manufacturers Life Insurance The has 0% invested in Sonic Automotive, Inc. (NYSE:SAH) for 19,716 shares. Towle & holds 2.23% or 1.11 million shares. Citadel Advisors Limited Liability Company reported 168,505 shares stake. Moreover, Geode Capital Ltd Llc has 0% invested in Sonic Automotive, Inc. (NYSE:SAH).

Since May 17, 2018, it had 1 insider purchase, and 2 selling transactions for $94,236 activity. Shares for $195,500 were sold by Byrd Heath on Wednesday, June 20. The insider DOOLAN VICTOR H sold $219,900.

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 rating was upgraded by Bank of America to “Hold” on Monday, January 8. On Tuesday, February 27 the stock rating was maintained by Stephens with “Hold”. As per Wednesday, March 14, the company rating was maintained by Morgan Stanley.

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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