EPS for Sonic Automotive Inc (SAH) Expected At $0.48

July 17, 2017 - By Vivian Park

 EPS for Sonic Automotive Inc (SAH) Expected At $0.48
Investors sentiment increased to 1.17 in 2016 Q4. Its up 0.31, from 0.86 in 2016Q3. It increased, as 10 investors sold Sonic Automotive Inc shares while 44 reduced holdings. 17 funds opened positions while 46 raised stakes. 28.13 million shares or 0.43% less from 28.25 million shares in 2016Q3 were reported.
Blackrock Advisors Ltd Liability Company accumulated 70,490 shares. The Missouri-based First Heartland Consultants Inc has invested 0.29% in Sonic Automotive Inc (NYSE:SAH). Paloma Prns Management has invested 0.01% in Sonic Automotive Inc (NYSE:SAH). State Street invested in 0% or 760,968 shares. 11,709 are owned by Aperio Gp Ltd Llc. Voya Mngmt Lc invested 0% in Sonic Automotive Inc (NYSE:SAH). The New York-based Ny State Common Retirement Fund has invested 0% in Sonic Automotive Inc (NYSE:SAH). Hotchkis & Wiley Cap Ltd Com has invested 0.24% in Sonic Automotive Inc (NYSE:SAH). Tiaa Cref Invest Management Limited Liability invested in 0% or 122,802 shares. Blackrock Management Ltd Liability Co owns 151,226 shares. Peak6 Limited Partnership reported 0% stake. Mason Street Advsrs Ltd stated it has 0% of its portfolio in Sonic Automotive Inc (NYSE:SAH). Nomura Asset Management invested in 1,360 shares or 0% of the stock. Strs Ohio holds 0% or 12,000 shares. Sei Investments Co owns 71 shares or 0% of their US portfolio.

Since March 20, 2017, it had 3 insider buys, and 0 selling transactions for $2.47 million activity. The insider SMITH O BRUTON bought $357,514. Shares for $102,573 were bought by TAYLOR R EUGENE.

Investors wait Sonic Automotive Inc (NYSE:SAH) to report on July, 25. its quarterly earnings Wall Street analysts expect $0.48 earnings per share, down $0.02 or 4.00 % from last year’s $0.5 same quarter earnings. This translates into $21.27M profit for SAH giving the stock a 10.10 P/E. This is assuming the current $0.48 EPS is accurate. Sonic Automotive Inc’s Wall Street analysts see 108.70 % EPS growth, taking into account the $0.23 EPS reproted in the previous quarter, About 177,007 shares traded. Sonic Automotive Inc (NYSE:SAH) has risen 13.17% since July 17, 2016 and is uptrending. It has underperformed by 3.53% the S&P500.

Sonic Automotive Inc (NYSE:SAH) Ratings Coverage

Among 6 analysts covering Sonic Automotive (NYSE:SAH), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. Sonic Automotive had 9 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was downgraded by CL King to “Neutral” on Tuesday, January 10. As per Monday, November 9, the company rating was upgraded by Goldman Sachs. The stock of Sonic Automotive Inc (NYSE:SAH) has “Hold” rating given on Thursday, August 27 by Zacks. Jefferies initiated Sonic Automotive Inc (NYSE:SAH) on Monday, April 11 with “Hold” rating. The firm earned “Neutral” rating on Thursday, February 23 by Bank of America. The company was upgraded on Wednesday, July 22 by Bank of America. The firm has “Buy” rating given on Thursday, January 21 by Sidoti. As per Friday, June 16, the company rating was maintained by Jefferies.

Sonic Automotive, Inc. is an automotive retailer in the United States. The company has market cap of $859.47 million. The Company’s operating divisions include Franchised Dealerships and EchoPark. It has a 11.04 P/E ratio. The Company’s Franchised Dealerships segment consists of retail automotive franchises that sell new vehicles and buy and sell used vehicles, sell replacement parts, perform vehicle repair and maintenance services, and arrange finance and insurance products.

More notable recent Sonic Automotive Inc (NYSE:SAH) news were published by: Nasdaq.com which released: “Sonic Automotive, Inc. (SAH) Ex-Dividend Date Scheduled for June 13, 2017” on June 12, 2017, also Prnewswire.com with their article: “Sonic Automotive, Inc. Reports First Quarter Results” published on April 26, 2017, Prnewswire.com published: “Sonic Automotive, Inc. Schedules Release Of 2017 Second Quarter Results” on June 30, 2017. More interesting news about Sonic Automotive Inc (NYSE:SAH) were released by: Seekingalpha.com and their article: “Sonic Automotive (SAH) Q4 2016 Results – Earnings Call Transcript” published on February 21, 2017 as well as Seekingalpha.com‘s news article titled: “Sonic Automotive: Steer Clear” with publication date: January 26, 2017.

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