Sonic Automotive, Inc. (SAH) Scheduled to Post Earnings on Tuesday
Sonic Automotive, Inc. (NYSE:SAH) will be announcing its Q416 earnings results on Tuesday, February 21st. Analysts expect the company to announce earnings of $0.62 per share and revenue of $2.51 billion for the quarter. Investors interested in registering for the company’s conference call can do so using this link.
Shares of Sonic Automotive, Inc. (NYSE:SAH) opened at 23.60 on Friday. Sonic Automotive, Inc. has a 1-year low of $16.08 and a 1-year high of $24.55. The company has a market cap of $1.06 billion, a P/E ratio of 12.91 and a beta of 1.58. The stock has a 50 day moving average price of $23.25 and a 200-day moving average price of $20.07.
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SAH has been the subject of a number of recent research reports. TheStreet raised Sonic Automotive from a “hold” rating to a “buy” rating in a report on Friday, November 11th. Zacks Investment Research raised Sonic Automotive from a “sell” rating to a “hold” rating in a report on Monday, November 21st. Finally, CL King cut Sonic Automotive from a “buy” rating to a “neutral” rating in a report on Tuesday, January 10th.
Sonic Automotive Company Profile
Sonic Automotive, Inc is an automotive retailer in the United States. The Company’s operating segments include Franchised Dealerships and EchoPark. The Company’s Franchised Dealerships segment consists of traditional retail automotive franchises that sell new and used vehicles, replacement parts and vehicle repair and maintenance services, and finance and insurance products.
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