Sonic Automotive (SAH) Projected to Post Quarterly Earnings on Thursday

Sonic Automotive (NYSE:SAH - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $1.59 per share and revenue of $3.66 billion for the quarter.

Sonic Automotive (NYSE:SAH - Get Free Report) last released its earnings results on Thursday, April 24th. The company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.46 by $0.02. The firm had revenue of $3.65 billion during the quarter, compared to analyst estimates of $3.47 billion. Sonic Automotive had a net margin of 1.69% and a return on equity of 19.42%. The business's revenue was up 7.9% on a year-over-year basis. During the same period last year, the business earned $1.36 earnings per share. On average, analysts expect Sonic Automotive to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Sonic Automotive Stock Down 0.2%

Shares of SAH traded down $0.17 on Friday, hitting $76.13. 42,795 shares of the stock traded hands, compared to its average volume of 197,881. The company has a market capitalization of $2.59 billion, a PE ratio of 10.84, a P/E/G ratio of 0.75 and a beta of 1.04. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.38 and a current ratio of 1.09. The business has a 50 day simple moving average of $76.31 and a 200 day simple moving average of $68.86. Sonic Automotive has a one year low of $52.00 and a one year high of $89.62.

Sonic Automotive Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th were given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date of this dividend was Friday, June 13th. Sonic Automotive's dividend payout ratio (DPR) is presently 19.94%.

Insider Buying and Selling

In other Sonic Automotive news, President Jeff Dyke sold 576 shares of the business's stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $70.02, for a total value of $40,331.52. Following the sale, the president owned 605,393 shares in the company, valued at $42,389,617.86. The trade was a 0.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last 90 days, insiders have sold 50,000 shares of company stock valued at $3,502,062. 42.65% of the stock is owned by insiders.

Institutional Trading of Sonic Automotive

Several hedge funds have recently made changes to their positions in SAH. Royal Bank of Canada raised its position in shares of Sonic Automotive by 37.1% during the 1st quarter. Royal Bank of Canada now owns 13,946 shares of the company's stock valued at $795,000 after buying an additional 3,777 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Sonic Automotive by 13.6% during the 1st quarter. AQR Capital Management LLC now owns 23,310 shares of the company's stock valued at $1,328,000 after buying an additional 2,793 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Sonic Automotive by 5.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,853 shares of the company's stock valued at $504,000 after buying an additional 483 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of Sonic Automotive by 124.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 355,328 shares of the company's stock valued at $20,239,000 after buying an additional 197,336 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Sonic Automotive by 15.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 38,698 shares of the company's stock worth $2,204,000 after purchasing an additional 5,286 shares during the period. 46.92% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on SAH shares. Bank of America lifted their price target on shares of Sonic Automotive from $80.00 to $94.00 and gave the stock a "buy" rating in a research note on Monday, June 16th. Needham & Company LLC dropped their price target on shares of Sonic Automotive from $93.00 to $74.00 and set a "buy" rating on the stock in a research note on Thursday, April 24th. Benchmark began coverage on shares of Sonic Automotive in a research note on Wednesday, May 28th. They set a "buy" rating and a $76.00 price target on the stock. Wall Street Zen cut shares of Sonic Automotive from a "strong-buy" rating to a "buy" rating in a research note on Saturday, June 21st. Finally, Stephens cut shares of Sonic Automotive from an "overweight" rating to an "equal weight" rating and lifted their target price for the company from $72.00 to $82.00 in a research note on Thursday. One research analyst has rated the stock with a sell rating, three have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $74.29.

Sonic Automotive Company Profile

Sonic Automotive, Inc operates as an automotive retailer in the United States. It operates in three segments, Franchised Dealerships, EchoPark, and Powersports. 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 for its guests.

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