Sonic Automotive (SAH) Receives Daily News Sentiment Score of 0.11
News headlines about Sonic Automotive (NYSE:SAH) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sonic Automotive earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 47.7706789223865 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news stories that may have effected Accern’s rankings:
- Sonic Automotive, Inc. (SAH) Upgraded by Zacks Investment Research to “Hold” (americanbankingnews.com)
- Sonic Automotive, Inc. (SAH) Receives Consensus Recommendation of “Hold” from Brokerages (americanbankingnews.com)
- Harvey and Irma to deal blow to Sonic’s Q3 earnings (finance.yahoo.com)
- Sonic Automotive Reaches Analyst Target Price (thestreet.com)
- Sonic Automotive, Inc. — Hurricane And Earnings Update (finance.yahoo.com)
SAH has been the topic of a number of research analyst reports. Zacks Investment Research raised Sonic Automotive from a “sell” rating to a “hold” rating in a report on Tuesday. BidaskClub downgraded Sonic Automotive from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. KeyCorp reaffirmed a “hold” rating on shares of Sonic Automotive in a report on Friday, September 1st. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a $22.00 target price on shares of Sonic Automotive in a report on Wednesday, July 19th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $21.75.
Sonic Automotive (NYSE SAH) opened at 20.55 on Wednesday. The company has a market capitalization of $901.34 million, a PE ratio of 13.83 and a beta of 1.51. The stock has a 50 day moving average price of $19.32 and a 200-day moving average price of $18.84. Sonic Automotive has a 52 week low of $15.95 and a 52 week high of $27.45.
Sonic Automotive (NYSE:SAH) last released its quarterly earnings results on Friday, July 28th. The company reported $0.40 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.06). Sonic Automotive had a return on equity of 11.14% and a net margin of 0.69%. The company had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.44 billion. During the same period in the previous year, the company earned $0.50 earnings per share. Sonic Automotive’s quarterly revenue was up 1.0% on a year-over-year basis. On average, equities analysts predict that Sonic Automotive will post $1.85 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, October 13th. Investors of record on Friday, September 15th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date was Thursday, September 14th. Sonic Automotive’s payout ratio is currently 13.42%.
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About Sonic Automotive
Sonic Automotive, Inc is an automotive retailer in the United States. The Company’s operating segments include Franchised Dealerships and EchoPark. Its 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.
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